2012 Annual Report

The Jewish Federation Of South Palm Beach County

2012 annual report

TOGETHER

WE DO EXTRAORDINARY THINGS

Dear Federation Family: The past year truly marked the beginning of a new era here at the Jewish Federation of South Palm Beach County. Together, we’ve been reaching greater heights, opening new doors and inspiring timeless hopes. Our parking lots and walkways are bustling with a new sense of purpose. Our activity centers and meeting rooms are bursting with life. Beyond the Federation campus, the bonds we share are growing stronger as we welcome new faces and more opportunities.

With inspired leadership from our dedicated, visionary new President & CEO, Matt Levin, we’ve been reaching out as never before. We are engaging our neighbors from throughout our Jewish community, bringing them together to care for our people now and into the future.

In 2012, we reached our Annual Campaign goal of $13.3 million and raised a supplemental $490,000 in response to additional pressing needs. As we extend our welcome even farther, this year’s campaign promises to exceed expectations.

Once again, we brought thousands of all ages together to celebrate the State of Israel on Yom HaAtzmaut at Sunset Cove Amphitheater. Our latest Major Gifts Event, renamed in honor of the Sandler Family, indeed felt like a family reunion, as hundreds of donors came together in a powerful and passionate celebration of caring and community.

Our dynamic team of committed lay leaders and dedicated professionals has also been creating exciting entry points and promising new initiatives. Recently, at “The Event,” our community came together in all its vibrant diversity to celebrate the good we do together. We’ve expanded the activities of our King David Society, re-established our Business and Professional Division and rejuvenated our Young Adult Division. We’re bringing PJ Library to our young families and are launching our first Birthright Israel community bus.

Making strides to help ensure our Jewish future, the Jacobson Jewish Community Foundation launched our “Promises Kept” Campaign with a $1 million planned gift from Marilyn and Stan Barry. JJCF also welcomed 15 inaugural agency, synagogue and school partners to Create a Jewish Legacy.

On behalf of all those here at home, in Israel and around the world whose lives you have touched, we thank you for your continued support and generosity. Because of you, the future beckons, full of promise. As we take our next steps together, we also invite you to join us in looking back with great pride at our year in review.

Gratefully yours,

Ellen R. Sarnoff Chair, Jewish Federation

David Pratt Chair, Jewish Community Foundation

Matthew C. Levin President & CEO

YEAR IN REVIEW 2012 Together we did extraordinary things in 2012! From every corner of the community, we came together to feed, clothe, shelter, counsel, rescue, reach, teach and touch thousands of people here at home, in Israel and around the world. We welcomed new faces. We reached out to young families and to business professionals. We inspired new donors and encouraged new dreams. Join with us now as we celebrate just a few of the highlights from our recent journey together.

ANNUAL CAMPAIGN: King David Society members enjoyed an evening at Mar-a-Lago with President Bill Clinton at an event organized by JFNA. In April, community leaders in KDS visited the Jewish community in Cuba and saw wonderful results of our efforts there. The new KDS season kicked off with speaker David Makovsky.

Major Gifts Our most prestigious annual fundraising event was named in honor of Phyllis and Harvey Sandler and their family, the largest family donors in the history of our Annual Campaign.

At The Sandler Family Major Gifts Event, the Ketubah Society welcomed new members Lorraine & Jerome (z’l) Aresty, Eleanor & Ed Epstein, Sylvia Fried, Jeanette & Sherman Vogel. We also introduced Emerging Jewish Philanthropists, a new initiative for young major donors, whose early activities will include travel to Cuba.

Women’s Philanthropy With more than 750 Lions of Judah, the “pride” can be felt throughout the community. These

generous women recharged and recommitted at the annual Lion of Judah Luncheon. Other events that reached out to women of all ages and different giving levels included a new “Just for You” series for major donors and “After Hours” evening programs. Our Lions roared through the Big Apple with the largest ILOJC delegation outside the NYC area.

Country Club Communities and Neighborhoods Once again, community leaders and volunteers worked tirelessly to ensure that their constituencies understand and value the vital importance of our Annual Campaign.

Business & Professional Division (B&P) triumphantly returned with force to successfully redefine networking among entrepreneurs and professionals. Led by a dynamic Cabinet, B&P is creating connections that are good for business as well as the Jewish community, featuring events including the popular Industry ICON networking series.

Young Adult Division (YAD) The thoughtfully redesigned YAD has emerged as a bustling hub for young adults and families, with activities such as LEADS to develop a new generation of community leaders, Playdates with a Purpose, Date Nights for young couples and much much more.

Israel & Overseas (cont’d) Through The Jewish Agency for Israel, the American Jewish Joint Distribution Committee (JDC) and the Ethiopian National Project (ENP), we also touched the lives of thousands of the world’s most vulnerable Jews, from the very young to the very old.

SUPER SUNDAY Super heroes from throughout the community kept the phone ringing with opportunities to join the super strata by helping to meet vital needs.

Department of Jewish Education DJE’s School Educational Services offered an array of professional development programming for more than 500 teachers and 4,800 students in our Early Childhood Centers, Congregational Schools and Day Schools.

FEDERATION PROGRAMS Jewish Community Relations Council JCRC’s busy year included a Candidates Forum for those seeking office to serve South Palm Beach County, the annual Legislative Sendoff for local state senators and representatives, and the Food Stamp Challenge to address local hunger.

Israel Under the Stars once again drew thousands to our largest community event. JCRC also hosted more than 150 Jewish communal professionals from Florida at the 2nd Annual Florida Jewish Symposium with top caliber presenters.

Planning & Allocations The Planning & Allocations Committee assesses our community’s needs and prioritizes funding to meet them. Last year, P&A addressed needs among seniors and those with special needs; helped those in need of financial assistance, counseling or Jewish day school scholarships; and recommended funding for new outreach and engagement initiatives.

Israel & Overseas Federation’s P2K program continued its very successful Women’s Exchange initiative. Six more women from South Palm Beach County were paired with peers in our Sister City in Israel, Kiryat Bialik. In addition, hundreds of students in both communities continued to connect with each other in creative ways.

The past year laid the groundwork to bring a major national resource that is coming to our community’s young families this spring. The PJ Library® South Palm Beach County Partnership is made possible by generous support from our Federation, United Synagogue of Conservative Judaism, Union for Reform Judaism, Leon and Toby Cooperman Family Foundation and the Harold Grinspoon Foundation, as well as local program contributors.

Department of Special Needs The Department of Special Needs supports existing community resources, and collaborates with families, agencies, congregations, and schools to obtain and enhance services for children and adults with disabilities. The Department also provides training and resources to assist families in securing the knowledge they need to become better advocates.

Federation Transportation Service (FTS) Federation Transportation Services, Inc. provided 49,000 trips last year, to help senior and disabled clients get to life sustaining locations such as doctor’s offices, grocery stores, pharmacies and local congregate hot meal sites. FTS also transported students from Donna Klein Jewish Academy, Hillel Day School and Adolph and Rose Levis Jewish Community Center to offsite school and camp activities.

JACOBSON FAMILY JEWISH COMMUNITY FOUNDATION Endowment Campaign This past year, our JJCF embarked on an exciting journey that will strengthen its efforts to meet the needs of our community and sustain our people well into the future. The Promises Kept Campaign – launched by a visionary planned gift of $1 million from Marilyn and Stan Barry – has already collected more than $2.5 million in cash and expected dollars.

Create a Jewish Legacy In its first year, CJL established dynamic partnerships with 15 local agencies, schools and synagogues. Actively engaged in building a strong, vibrant community through planned charitable giving, CJL partners are succeeding with a wealth of resources including expert training seminars, customized consultations and materials through our JJCF. To date, over $4.5 million has been committed Professional Advisory Committee The Foundation‘s growth is due in part to the efforts of the PAC professionals who work to encourage charitable giving through the establishment of new endowment funds, trusts, bequests, life insurance policies and IRAs on behalf of their clients. Our PAC also presented a seminar on tax planning strategies which 140 professionals attended, and sent 11 members on a mission to Washington, D.C. Jewish Women’s Foundation Through its unique granting program, JWF makes a difference in the lives of Jewish women and children locally and overseas. As JWF approached its 10th anniversary, among its recent funded projects was an exciting new collaborative grant made along with 16 sister organizations across the country. JWF Trustees take pride in their hands-on philanthropy that has funded nearly half a million dollars in grants through 2012.

LION OF JUDAH ENDOWMENT In 2012, 10 more women joined our LOJE program, ensuring their generous Lion gifts to the Federation in perpetuity. With 263 members, our LOJE program – the largest in the country – can now roar even louder with pride.

Federation Officers Chair Ellen R. Sarnoff Vice Chair, FRD Anne L. Jacobson Vice Chair, Campaign Joseph S. Mishkin Vice Chair, Jacobson Jewish Community Foundation David Pratt, Esq. Vice Chair, Women’s Philanthropy Emily Grabelsky Vice Chair, Planning & Allocations Stephen A. Mendelsohn, Esq. Vice Chair Wesley E. Finch Vice Chair Carol S. Smokler Vice Chair Etta Gross Zimmerman Secretary Albert Gortz, Esq. Assistant Secretary Debra Halperin Treasurer Stewart Kasen Assistant Treasurer Arthur Goldberg

BOARD MEMBERS Michael Beckerman Laurence I. Blair, Esq. • Dana Charles-Kodner Helen Cohan Jill Deutch Bryan Drowos Rabbi David Englander Barbara Feingold Dale Filhaber David Galpern Louise Galpern Rani H. Garfinkle Rabbi Efrem Goldberg Glen Golish Dr. Gail Greenspoon Eric Gutmann • Jeffrey Harris Adele Hast Shelley Pechter Himmelrich

Betty Kane Thomas R. Kaplan David Kirschner Elliot S. Koolik Elyssa Kupferberg Dr. Gail Rubin Kwal April E. Leavy Murray Leipzig Rabbi Daniel Levin Michael Lipton Roxane Frechie Lipton Robert Marton Jeffrey Newman Stephanie Owitz Barry Podolsky Wendy Pressner Susan Rahn Jill Rose Michael Rose

Amy Ross Robin Rubin Burt Satzberg Mark Schaum Dr. David Schimel Janet Sherr Ron Siegel, Esq. • Joseph Sitrick Gadi Soued Rabbi David Steinhardt Ted Struhl Jay Weinberg Michael J. Weinberg Dorothy M. Wizer Lesley Zafran • Raymond Zimmerman • Beneficiary Agency Chairs/Presidents

DIRECTORS EMERITUS Jerome Altheimer Margie B. Baer Edward I. Burns Dr. Melvin R. Clayman Karola Epstein Gerald Golden

Kinnie Gorelick David G. Hast Abner Levine Dorothy Lipson Lawrence Phillips Clarice F. Pressner

Gordon Salganik Dorothy P. Seaman Richard Siemens Shirley Solomon Elizabeth S. Zinman

PAST CHAIRS James B. Baer 1979-1983* Marianne Bobick 1983-1986 James H. Nobil 1986-1988, 1999-2001 Marvin Zale 1988-1991 Allan Solomon 1991-1992 Richard Okonow 1992-1995*

Herbert Gimelstob 1995-1998 Ralph Solomon 1998-1999* Andrew S. Robins, Esq. 2001-2003 Lawrence D. Altschul 2003-2005 Etta Gross Zimmerman 2005-2007 Stewart G. Harris 2007-2010 Cindy Orbach Nimhauser 2010-2011

KETUBAH SOCIETY Over time, these most generous donors have made a cumulative financial commitment of one million dollars or more to the Annual Campaign of the Jewish Federation of South Palm Beach County.

Lorraine & Jerome* Aresty Gloria* & Lee* Baker Helene & Elliot Brody Florence & Martin* Brody Dorothy* & Peter* Brown Norma & Lester Cohen Eleanor & Edward Epstein Sylvia Fried Meryl & Ron Gallatin Rani & Sandor* Garfinkle Elaine & Herbert Gimelstob Carole & Barry Kaye Evelyn & Ronald Krancer Mildred & Abner Levine Bette* & Jerome* Lorber Billi & Bernard Marcus Judy Levis Markhoff & Paul Markhoff in Blessed Memory of Rose & Adolph Levis Elizabeth & Sheldon Maschler William Newman

Toby Weinman Palchik & Melvin* Palchik Marilyn & Jack Pechter Lois & Robert Pergament Lawrence Phillips Ruth* & Norman* Rales Dollsey & Seymour* Rappaport Phyllis & Harvey Sandler Harriett & Irving Sands Ellen R. Sarnoff Dorothy & Larry* Seaman Carole & Richard Siemens Carol S. & Irving Smokler Bernice & Ira* Waldbaum Ruth Weinberger Jeanette & Sherman Vogel Shirley & Barton Weisman Barbara & William Weprin Etta & Raymond Zimmerman

* Of Blessed Memory

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FEDERATION REVENUE & EXPENDITURES

FEDERATION ALLOCATIONS

Jewish Federation of South Palm Beach County, Inc. Allocations and Support (In Thousands)

Jewish Community Foundation Fund BENEFICIARY AGENCIES

2011-2012 Financial Highlights Adolph & Rose Levis Adult Day Care Center $10 Income and Allocations Report (In Thousands) Adolph & Rose Levis Jewish Community Center $959 B’nai Brith Youth Organization – Florida $3 Final Audit Information

Birthright Israel $20 Donna Klein Jewish Academy $773 SUPPORT

Florida Association of Jewish Federations $13 Contributions, Gifts, Grants *See Note Below $19,810 Florida Hillel Council $40 Program and Other Revenue $1,026 Hillel Day School $172 Jewish Association for Residential Care $128 TOTAL PRIMARY REVENUE $20,836 Kosher Konnection $5 OTHER REVENUE Outreach $45 Ruth Rales Jewish Family Service $1,027 Interest and Dividend Income $477 Special Needs Task Force $3 Realized Gains $937 Temple Beth El $8 Other $1,280 Torah Academy $133 TOTAL OTHER REVENUE $2,694 Transportation Services $35 Weinbaum Yeshiva High School $118 TOTAL SUPPORT AND REVENUE $23,530 $3,492 TOTAL: PROGRAM EXPENSES

Note Additional Allocations (Stated In Thousands):

Jewish Federations of North America $1,581 Charitable Distributions – Consolidated Federation/Foundation $2,610 Beneficiary Agencies (see listing) $3,492 Planning, Community Relations Council, Overseas, Jewish Education Dept., Foundation $1,720 Communications, Event Expenses, Agencies Consolidation costs $3,688

TOTAL PROGRAM EXPENSES ADMINISTRATIVE AND MANAGEMENT EXPENSE FUNDRAISING EXPENSE TOTAL EXPENSES

Distributions from the Weinberg Fund for Senior Programs, totaling $241,726: Ruth Rales Jewish Family Service Transportation Services Adolph & Rose Levis Adult Day Care Center

Total:

$130 $62 $50

$242

$13,091 $955 $1,343 $15,389

Distribution of Expenses As % of Total Expenses

*NOTE: In addition to the above, supplement gifts were made to, or through, the Federation to Jewish organizations, apart from Annual Campaign or Emergency Campaigns. Supplemental gifts enhanced Federation’s ability to advance certain programs and projects, and address emerging needs. Federation made distribution payments from these gifts within the 11-12 Fiscal Year totaling (in thousands): $490

Program Expenses

85%

6% 9% Administrative/ Management Expenses

Fundraising Expenses

FOUNDATION BOARD OF TRUSTEES M. Adam Bankier, Esq. Stan Barry Laurence I. Blair, Esq. Stuart E. Bloch, Esq. Dana Charles-Kodner, Esq. Caryn Clayman, Esq. Helen Cohan Alan Cornell Janet Elinoff Sheila Fuente Louise Galpern Albert Gortz, Esq. Gail Greenspoon Shelly Pechter Himmelrich David A. Kirschner Matthew J. Kutcher, CFP Richard Kwal

Sandra L. Lippy Roxane Frechie Lipton Carl Marbach Linda A. Melcer Joseph S. Mishkin Cindy Orbach Nimhauser Elaine Roberts Jonathan I. Sahn Ellen R. Sarnoff Mark A. Schaum, Esq. CPA Michael J. Shapiro Roz Silver Ted Struhl Michael J. Weinberg Jerome L. Wolf, Esq. Joel Yudenfreund, Esq. CPA

FOUNDATION EXECUTIVE COMMITTEE Chair David Pratt, Esq. Vice Chair, Board Development Elyssa J. Kupferberg Vice Chair, Investment Committee Richard D. Steinberg, CFA Chair, By-Laws Donald R. Tescher, Esq. Co-Chairs, Create A Jewish Legacy David A. Katzman, CPA Anne L. Jacobson Norman Jacobson Chair, Grants & Scholarships Committee Michael D. Lipton

Chair, Jewish Women’s Foundation Mara Reuben Chair, Marketing Dale Filhaber Chair, Nominating Committee Thomas R. Kaplan Chair, Planned Giving And Endowments Barbara Werner Chair, Professional Advisory Committee Marjorie A. Horwin, CPA Immediate Past Chair Thomas R. Kaplan

Chair, Insurance Committee Seth A. Marmor, Esq.

FOUNDATION CHAIRS Gary Bernstein* Albert W. Gortz, Esq. Marvin A. Kirsner, Esq. Jerome L. Wolf, Esq. Eric W. Deckinger Ralph M. Solomon* Eugene Pargh Jeffrey S. Kahn, Esq. Caryn J. Clayman, Esq. Charles Ganz Thomas R. Kaplan David Pratt, Esq.

1984 – 1986 1986 – 1988 1988 – 1990 1990 –1991 1991 – 1994 1994 – 1996 1996 – 1997 1997 – 2001 2001 – 2004 2004 – 2005 2005 – 2008 2008 – present

Jacobson Jewish Community Foundation Fund Assets for the Year Ending August 31, 2012 Final Audit Information

2010-2011 2011-2012 Net Assets of Foundation, September 1 Contributions to Funds Interest and Dividends Realized Capital Gain (Loss) Unrealized Gain (Loss) Change in Value of Split Interest Agreements TOTAL Additions Distributions/Grants Operating Expenses TOTAL Deductions

8,843,631 375,292 1,233,265 2,994,330

7,870,337 398,251 937,166 (1,001,666)

362,893

(78,144)

$13,809,411 $8,125,944 2,561,985 3,152,128 664,790 814,375 $3,226,775 $3,966,503

Non-Operating Funds Transferred Out

Net Assets of Foundation, August 31

Assets by Type of Investment JUF Investment Portfolio Alternative Investments Cash and Money Market Funds Corporate Bonds Equities Equity Funds Exchange Traded Funds Bond Funds Inter-Fund Loan Israel Bonds Municipal Bonds Mutual Funds Other (Insurance Policies, etc.)

Real Estate TOTAL INVESTMENTS

* Of Blessed Memory

$34,714,445 $45,297,081

$0 $11,566,390

$45,297,081 $37,890,132

50,511,701 43,990,831 437,516 564,351 4,799,633 4,104,533 1,406,598 1,384,610 838,854 1,367,167 - - - 2,933,348 2,933,348 1,925,500 1,916,500 - 3,628,281 3,640,530 756,280 773,506 165,953 160,977 $67,407,664 $60,836,353

2

1

7 51 6 )

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4

8 5

3

0

2

31 51 3 0 7 8 0 0 6 7

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Sinai Residences of Boca Raton Rising to Exceed Expectations We are pleased to report that Federation CCRC Development, LLC, an independent, not-for-profit entity owned by the Federation, continues to make significant progress in the development of Sinai Residences of Boca Raton. As of January 31, 2013, 75 parties have reserved their new apartment homes for the community, expected to open in late 2015.

This vibrant, modern continuing care retirement community will occupy 22 acres on the campus of the Jewish Federation of South Palm Beach County.

Sinai Residences will offer residents a remarkable maintenance-free lifestyle, and feature an impressive collection of services and amenities designed to provide everything today’s seniors want for their future. These will include multiple dining venues (including accommodations for kosher meals),

Developed by

programs, classes and beautifully-appointed common spaces for the enjoyment of residents and their guests.

As a planned Life Care community, Sinai Residences will also offer guaranteed access to a full continuum of care including assisted living, memory support and skilled nursing care at predictable rates.

The project calls for 237 independent living apartment homes, 48 assisted living apartments, 60 skilled nursing suites and 24 memory support studio suites to be built. The project is enjoying a high degree of interest and success. We expect the community to be 70% pre-sold by the end of 2013 and are confident it will set the standard for retirement living in the area.

For more information about Sinai Residences, call Amy Linder at (561) 338-9595.

Managed by

2012-13 CORPORATE SPONSORS* $25,000+

$2,500+ BNY Mellon Wealth Management

IN-KIND Berger Singerman

$50,000+ Boca Raton Observer

Branham Realty

$15,000+

Wells Fargo Private Bank Bryant Security

Ivan & Co Jewelers

$20,000+ Morrison, Brown, Argiz & Farra, LLC Proskauer Steinberg Global Asset Management, Ltd

CBIZ MHM, LLC

Commercial Printers

Credit Suisse Securities (USA) LLC The Drowos Group The Drowos Group Of Wells Fargo Of Wells Fargo Advisors, LLC Advisors, LLC Gaines Financial Group

$10,000+

$10,000+

Florida Panthers

$5,000+

Hotwire Communications BB&T

Boca Raton Regional Hospital

Atlas Party Rental

Land Design South Life Audit Professionals, LLC

Boca Magazine

$2,500+

Oppenheimer

Dataman Group

Platinum Peak Advisors

Miami Dolphins

Greenspoon Marder, PA

Sandelman Foundation Prudential

$5,000+ Rehmann Baer’s Furniture Sunstates Security The Bankier Law Firm

Bankier Law Firm Bibby Financial Services Kaplan, Krauss & Levine, LLC

LIFE INSURANCE & ESTATE PLANNING

Marsh & McClennan Agency | Seitlin MedReceivables NFP Insurance Solutions

TD Bank Tescher & Spallina, PA Toshiba Business Solutions Zeuner Realty *listing in alphabetical order by level as of 4/3/13

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BENEFICIARY AGENCIES Sarah & Max Pechter Center For Local Safety Net Services Adolph & Rose Levis Alzheimer & Adult Day Care at the Volen Center

Kosher Konnection

Adolph & Rose Levis Jewish Community Center – Camp Kavod Federation Transporation Services

Direct Financial Assistance to Families & Individuals The Food Pantry at JFS Senior Services Counseling to Individuals/Families in Crisis Volunteer Services

Hillel Day School – ETGAR Program

Special Needs Department

Donna Klein Jewish Academy – Sun Center (Yad b’Yad)

Ruth Rales Jewish Family Service (JFS)

Jewish Association for Residential Care (JARC) Support Living Scholarship Fund Community Case Management Group Home Scholarship Safety Net Access Program

Jewish Life & Learning Adolph & Rose Levis Jewish Community Center (JCC)

Jewish Community Relations Council (JCRC)

Summer Camp and Pre-school Scholarships

Teen Leadership Training & Development

Government Officials Advocacy Iran Initiative Public Education & Awareness Israel Action Network Florida Association of Jewish Federations

Community Outreach Initiative

Jewish Education Programs

Day School Financial Assistance

Professional Development Florence Melton Adult Mini-School March of the Living Program

Birthright Israel B’nai B’rith Youth Organization (BBYO)

Donna Klein Jewish Academy (DKJA) Hillel Day School (HDS) Torah Academy Weinbaum Yeshiva High School

Temple Beth El – Infant Care Program

Hillel – Florida

Israel & Our Global Family American Jewish Joint Distribution Committee (JDC) -

JAFI Electives

Programs that support rescue, relief and renewal of Jewish communities around the world.

Ben Yakir Youth Village Jewish Identity Summer Camps in the Former Soviet Union MASA – Israel Journey Partnership 2000 – Kiryat Bialik

JDC Electives Former Soviet Union Welfare Relief PACT – Parents and Children Together Turning Point

Jewish Agency for Israel (JAFI) Programs that strengthen Jewish identity, build a stronger Israel and secure our Jewish future.

Affiliated HUD On-Campus Senior Residences Shirley H. Gould House Harry & Jeanette Weinberg House

Chamah Ethiopian National Project (ENP) Scholastic Assistance Program Youth Outreach Center

World ORT

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WE BELIEVE. We believe no child should go to bed hungry.

We believe every senior has the right to live with dignity.

We believe all Jews should be able to live – anywhere in the world – without fear of persecution.

We believe in you.

Help take care of those who need us the most.

Please give today. jewishboca.org • 561.852.3100