OUR FEDERATION. OUR COMMUNITY. OUR WORLD.
Annual Report 2016
VISION Rooted in Jewish values, the Jewish Federation of South Palm Beach County seeks to inspire and galvanize local residents and organizations to build and sustain a strong, caring, vibrant Jewish community for today and tomorrow.
MISSION At the hub of the Jewish community, the Jewish Federation of South Palm Beach County strategically engages donors, supporters and community partners in addressing and planning for current and future needs of the Jewish people locally, in Israel and around the world. The Federation accomplishes these goals by: building Jewish community and developing Jewish communal leadership; promoting Jewish identity, education and engagement; caring for the vulnerable; advocating for the well-being and security of the Jewish people and standing with Israel, their spiritual homeland.
DEAR FEDERATION FAMILY: Our Federation. Our Community. Our World. For 38 years, the strength of our Federation has been reflected in our ability to galvanize this Jewish community in caring for our people, from our neighborhoods to across the globe. We are proud to report that, with wisdom and perseverance, compassion and creativity, 2016 has marked another strong year of growth. And, through this growth, we’ve taken some big steps forward to fulfill our mission both today and into the future. In terms of Financial Resource Development, 2016 saw our Annual Campaign grow for the fourth year in a row, to more than $15 million. Over $2 million was raised in new, increased and retrieved gifts. These and other increases mean that our Federation was able to help more of our people in more ways. Our growing list of 63 beneficiary agencies includes a number of recent additions, including eight innovative and effective nonprofits in Israel. Meanwhile, the assets of our Jacobson Jewish Community Foundation (JJCF) have grown to about $80 million, of which $14.5 million are unrestricted. During the past year, JJCF provided grants of nearly $4 million, including $1.8 million in support of the Federation’s Annual Campaign (inclusive of funds from unrestricted assets). As its second year draws to a close, the 15 local Jewish organizations and synagogues in JJCF’s Create a Jewish Legacy program have generated $55.74 million in expectancies for the future of this community. We are extremely fortunate to have welcomed two very substantial gifts to our expanding resources in the past year. Toby and Leon Cooperman’s magnanimous gift of $10 million named Sinai Residences. And Judi and Allan Schuman have contributed $1 million to establish and name our groundbreaking Center for Israel Engagement. On our campus, the Toby & Leon Cooperman Sinai Residences has opened and received Medicare certification for its Health Center components. Memory Care and Skilled Nursing Care are nearing capacity, and Assisted Living is not far behind. Independent Living remains 100% occupied, with a waiting list. Anyone who visits knows that Sinai offers quality of life surpassing any other senior living options. Also on our campus, Katz Yeshiva High School’s (KYHS) new facility is nearing completion. Soon, we will be the only community with two preschool through 12th grade tracks on one campus. Like our 2016 Jewish CommUNITY in Action Day that brought 2,000 of us to celebrate with a full array of local Jewish leaders at FAU, KYHS is yet another highly visible example of the ways our Federation serves as the hub of this vibrant, diverse Jewish community’s vital efforts that do so much for so many. By working together as one caring community, our strength reaches far and deep, locally and around the world. Warm Regards,
Anne L. Jacobson Chair, Jewish Federation of South Palm Beach County Board of Directors
Richard Steinberg Chair, Jacobson Jewish Community Foundation (JJCF)
Matthew C. Levin President & CEO, Jewish Federation of South Palm Beach County
ANNUAL CAMPAIGN FOR JEWISH NEEDS BUSINESS & PROFESSIONAL DIVISION (B&P). In its fifth year, the successful B&P Division continued the Lewis Katz Industry Icon events. The B&P Cabinet increased to 62 members and grew “Business Casual,” its signature networking series for women. B&P’s Inspire Mentorship Program completed a third year of building partnerships among our community’s seasoned and growing entrepreneurs. COUNTRY CLUB COMMUNITIES AND NEIGHBORHOODS. Committed leaders and volunteers once again showed their unwavering commitment. They educated and raised vital Annual Campaign funds from their friends, neighbors and acquaintances. Several clubs raised additional funds through the Adopt-a-Project program, and volunteered for handson mitzvah projects. MAJOR GIFTS. Major Donors, King David Society, Prime Minister’s Council and Ketubah Society members were celebrated at the Sandler Family Major Gifts Event featuring former Prime Minister of Canada, The Right Honourable Stephen Harper. At the event, Toby and Leon Cooperman were honored for their magnanimous gift to our community that named Sinai Residences of Boca Raton. Judi and Allan Schuman were honored for their extraordinary gift that established the Judi & Allan Schuman Center for Israel Engagement. King David Society donors had an intensive briefing with Irwin Cotler, Founder and Chair of the Raoul Wallenberg Centre for Human Rights. Emerging Jewish Philanthropists (EJP) enjoyed events from private receptions with top speakers including Hollywood producer Brett Ratner, and Billy Joel in concert. MEN’S DIVISION. The Men’s Division continues to grow with successful events including a poker tournament and casino night, a Sip and Savor evening, and speakers on global Jewish causes. Men of all ages are enjoying enriching experiences together, developing new friendships and building a strong division of their own.
WOMEN’S PHILANTHROPY. With nearly 700 Lions of Judah, our pride is one of the largest in the country. Attendance at the annual Lion of Judah Luncheon neared 400. Women also heard speakers of substance at Education Days and Pomegranate events. Chapter Two, a program designed for women seeking to connect with the community, is completing its third year with great success, and there is a waiting list for the next class. There’s great energy in Women’s Philanthropy, with a place for everyone who wants to join in. YOUNG ADULT DIVISION (YAD). Through YAD, young Jewish adults came together to mix, mingle and make a difference. They had their annual Blue and White Chanukah party with 300+ in attendance and a kosher cooking series for Rosh Hashanah and Passover. They packaged food on Thanksgiving for those in need, packed local hot spots for happy hours with a philanthropic component, and hosted several YAD365 fundraising events. 60 DAYS OF IMPACT. This initiative rallied the local Jewish community to GIVE, VOLUNTEER & GET ENGAGED. More than 1,600 people contributed, 25% of whom were new donors to the campaign. Twenty events culminated in Super Sunday and Good Deeds Day. SUPER SUNDAY AND GOOD DEEDS DAY. 350+ volunteers from across the community kept the phones in Zinman Hall ringing out, with more than 1,500 calls raising nearly $440,000 during three spirited shifts. And across the campus at Katz Hillel Day School, 200 volunteers assembled over 30,000 kosher meals in an international Good Deeds Day project that helped stock the shelves of the Jacobson Family Food Pantry.
JACOBSON JEWISH COMMUNITY FOUNDATION A STRONG AND VIBRANT JEWISH COMMUNITY FOREVER. That’s the vision of the Jacobson Jewish Community Foundation (JJCF) – to ensure the continuity of Jewish life locally and overseas through endowment funds, bequests and other legacy gifts. Today, the Foundation’s unrestricted assets have grown to over $14.5 million while total assets are about $80 million. During the past year, the JJCF provided grants of almost $4 million, including $1.8 million in support of the Jewish Federation of South Palm Beach County Annual Campaign, of which $600,000 were unrestricted assets. CREATE A JEWISH LEGACY. Create a Jewish Legacy (CJL) continues to enjoy remarkable success through its participation in the Harold Grinspoon Foundation’s LIFE & LEGACY™ initiative, a four-year partnership that helps promote after-lifetime giving to benefit the Federation, day schools, synagogues, social service organizations and other Jewish entities through training and monetary incentives. As the second year draws to a close, 15 local Jewish organizations and synagogues have participated in educational workshops, resulting in 445 commitments from 339 donors, valued at an estimated $55.74 million. PROFESSIONAL ADVISORY COMMITTEE (PAC). Comprised of estate planning attorneys, accountants, financial planners and wealth advisors, the 120 members of the Professional Advisory Committee (PAC) encourage their clients to establish current and legacy charitable gifts through trusts, bequests, life insurance policies and donor advised funds. The Irving Eckhardt Mitzvah Society honors PAC members for their diligent work with their clients on behalf of the JJCF. Over $10 million in realized gifts have been secured by PAC members, and 76 members have been inducted into the Mitzvah Society. JEWISH WOMEN’S FOUNDATION (JWF). As a forum for informed Jewish philanthropists, the Jewish Women’s Foundation (JWF) raises and directly allocates their own funds to special programs for women and children. Since its inception 14 years ago, JWF has granted over $1 million to over 45 organizations locally, in Israel and abroad. LION OF JUDAH ENDOWMENT (LOJE). Our Lion of Judah Endowment (LOJE) effort ensures that a woman’s annual Lion gift will be made in perpetuity, in her name through a legacy gift. During the past year, 13 more women became LOJE members, bringing the total in South Palm Beach County to 289 – the largest of any community in North America. Currently, the value of Lion of Judah Funds is about $10 million, with another $18 million in commitments for future Lion of Judah Endowments.
PLANNING TO MEET NEEDS LOCALLY AND OVERSEAS
Central to this community’s well-being, growth and sustainability is our Federation’s commitment to its historic role of convening the community in planning for the current and future needs of our neighbors and our global Jewish family. Through our Program Funding Council (PFC) and its Task Forces, dedicated lay and professional leaders assess the pressing local and international Jewish needs, and identify programs and services to enhance the well-being of Jewish people and strengthen our Jewish future. After analyzing these needs, members recommend funding allocations they have determined are best to address them.
THE PFC TASK FORCES AND THEIR AREAS OF CONCERN ARE: • Safety Net Services – life-sustaining assistance such as food, medical care, transportation; vulnerable populations including the elderly, children and adults with special needs, Holocaust survivors; mental health services, counseling • Jewish Day School Education – financial assistance for our four local Jewish day schools • Jewish Life & Learning – Jewish identity and culture; community relations; Israel and economic advocacy; financial assistance for summer camp, preschool, infant care; Jewish engagement for all ages • Community Outreach – engagement of local residents in Jewish community, spiritual and social experiences • Israel and Overseas – Through our historic global partners and new relationships, our dollars provide: life saving food, shelter, and medical assistance to elderly, holocaust survivors, children and families throughout Israel, Ukraine, and the Former Soviet Union; support to youth at risk in Israel to ensure their strong Jewish future; offer meaningful Jewish camp and educational enrichment experiences to children in Hungary and the FSU; build personal and community bridges across the globe with our new Partnership2Gether (P2G) sister city Zichron Yaakov; engage community members with our global Jewish family through MASA Israel programs, missions to Israel and other overseas Jewish communities.
FEDERATION PROGRAMS
DEBORAH & LARRY D. SILVER CENTER FOR JEWISH ENGAGEMENT (CJE) continues to create opportunities to unite our Jewish community’s residents and institutions. Jewish Unity Day featuring broad Jewish community leadership at FAU drew more than 2,000 people. Jewish CommUNITY in Action Day brought together more than 500 people to work together at 17 hands-on service projects followed by a community concert with Josh Nelson.
JEWISH COMMUNITY LEADERSHIP INITIATIVE (JCLI). Twentytwo lay leaders from local agencies, schools and synagogues joined the third group of Federation’s Jewish Community Leadership Institute (JCLI), sharing intensive, expert-led training sessions in preparation to further lead our Jewish community JEWISH COMMUNITY RELATIONS COUNCIL. As Federation’s public policy, community relations and advocacy arm, JCRC continued to engage and educate the community to support Israel, combat anti-Semitism, and learn the lessons of the Holocaust. Hundreds of local Jews and Christians attended a March of Remembrance Yom HaShoah program. JCRC’s annual Legislative Sendoff and Tallahassee trip focused on economic advocacy for seniors, Holocaust survivors, and persons with special needs. A Yad Vashem museum exhibit drew 2,000 viewers from across the community, and hundreds attended programming on the Israel/US relationship. JCRC also collaborated to bring Holocaust education programs to public high schools and a resource presentation to local survivors.
MARCH OF THE LIVING. The March of the Living Holocaust education journey to Poland and Israel included 86 students from South Palm Beach County, and 74 adults on two buses. From March to Miriam continues to create “families” of students and local adults with local Holocaust survivors to provide support to the survivors and enrichment to all.
PJ LIBRARY®. More than 1,800 local families raising Jewish children in South Palm Beach County have been receiving Jewish books for their youngsters through the PJ Library - South Palm Beach County Partnership. This past year, more than 5,500 children, parents and grandparents enjoyed PJ Library activities around the community at over 50 venues. This year, more than 250 South Palm Beach County children ages 9-11 received books from PJ Our Way™, the next chapter of PJ Library. SCHOOL EDUCATIONAL SERVICES convenes Professional Council meetings of all Day School Heads, Congregational School Education Directors and Early Childhood Directors, and offers an array of professional development programming for 500+ teachers. Chesed Day once again brought 500+ day school students together to do a hands-on project to benefit the clients of the Jacobson Family Food Pantry, and an additional 600+ day school students to make Mishloach Manot “Character” Baskets to give to the clients of JARC, Menorah House, and JAFCO.
FEDERATION AFFILIATED CORPORATIONS FEDERATION TRANSPORTATION SERVICES (FTS). This past year, FTS provided more than 56,000 trips to over 350 seniors and clients with disabilities who would otherwise not have free transportation to vital and life-sustaining activities. Their many destinations include doctors’ offices, grocery stores, pharmacies, hot meal sites, places of worship, and popular locations for a monthly field trip. FTS also transports Donna Klein Jewish Academy students to offsite school activities, as well as Adolph and Rose Levis JCC campers to many activities. JEWISH COMMUNITY FACILITIES CORPORATION. This subsidiary of the Federation continued its successful safe operation and management of the entire 100-acre campus— the largest Jewish Federation campus in the country. The sprawling property, including the Toby & Leon Cooperman Sinai Residences of Boca Raton, and Katz Yeshiva High School of South Florida near completion, features more than 1 million square feet of building space, with four schools, two highly-rated HUD senior living facilities, JARC apartment residences, office buildings, adult day care, training, cultural and recreational facilities. FEDERATION CCRC DEVELOPMENT, LLC. This independent separate entity is a not-for-profit LLC solely owned by the Federation. It actively governs, and oversees the operation of the Toby & Leon Cooperman Sinai Residences of Boca Raton. This vibrant, modern and luxurious 650,000 square foot Continuing Care Retirement Community (CCRC), celebrating its first anniversary, occupies 23.5 acres on the Federation campus. Sinai Residences includes 234 Independent Living units, 48 Assisted Living units, 60 full nursing units, and 24 memory support units. Independent Living residences are currently 100% occupied, with a waiting list established, and Health Care is now fully operational.
TOBY & LEON COOPERMAN SINAI RESIDENCES OF BOCA RATON Recently celebrating its first anniversary, the Toby & Leon Cooperman Sinai Residences of Boca Raton has become one of the most highly desirable Continuing Care Retirement Communities in the country. It is owned and governed by Federation CCRC Development, LLC, an independent, not-for-profit entity. An extraordinary opportunity awaits those at the Toby & Leon Cooperman Sinai Residences of Boca Raton; from sophisticated living options in a multi-generational setting, to innovative amenities and programs, no detail has been compromised, and Life Care provides confidence for the residents’ future.
of South Palm Beach County. With 234 independent living apartment residences, the Toby & Leon Cooperman Sinai Residences will also ensure guaranteed access to a full continuum of on-site care including assisted living, memory care and skilled nursing care, at predictable rates. Managed by Life Care Services, the premier senior living manager in the country, the Life Care Community embodies the form and planning aesthetics of Mediterranean architecture.
Independent Living residences are currently 100% occupied, with a waiting list established. The Health Care facility that includes the Assisted Living units, the full nursing units, and the memory support units, is now fully operational and Medicare certified.
The Toby & Leon Cooperman Sinai Residences’ maintenance-free lifestyle features an array of innovative services and upscale amenities designed to provide comfort, convenience and security. These include multiple dining venues (including accommodations for kosher meals), programs and classes, as well as indoor and outdoor common areas for the enjoyment of residents and their guests.
The resort-style senior living community is situated on 23.5 acres on the north campus of the Jewish Federation
For more information about Sinai Residences, please contact Amy Linder at 561.338.9595.
Developed by
Managed by
FOUNDATION EXECUTIVE COMMITTEE
FEDERATION OFFICERS Chair Anne L. Jacobson
Vice Chair Wesley E. Finch
Vice Chair, Financial Resource Development David Pratt, Esq.
Vice Chair Arthur Goldberg
Vice Chair, Campaign Lawrence Feldman
Vice Chair Judi Schuman
Vice Chair, Jacobson Jewish Community Foundation Richard D. Steinberg, CFA
Secretary Albert W. Gortz
Co-Chairs, Create A Jewish Legacy Elyssa J. Kupferberg Anne L. Jacobson Norman Jacobson Mark A. Schaum, Esq., CPA
Vice Chair, Women’s Philanthropy April Leavy
Assistant Secretary Carol Smokler
Chair, Grants & Scholarships Committee Kathy Green
Vice Chair, Program Funding Council Joseph S. Mishkin
Treasurer David H. Galpern
Vice Chair, Israel & Overseas Eric Stein
Assistant Treasurer David A. Kirschner
FEDERATION SENIOR STAFF Chief Operating Officer Mel Lowell Senior Vice President, Campaign Jennifer Koenig
President & CEO Matthew C. Levin
Senior Vice President, Foundation Cathrine Schwartz
Executive Vice President Marla Weiss Egers
Chief Financial Officer Jeffrey Iserson
Chief Human Resources Officer Aimee Kaye
Vice President, Information Technology Jeff Ardielli Vice President, Facilities Tom Forlenza Vice President, Marketing & Communications Janet Izaak Vice President, Community Planning; Director, Jewish Community Relations Council Stuart Silver Vice President, Israel & Overseas and Campaign Dana Vizner
FEDERATION BOARD MEMBERS
Matt Baker* Michael Beckerman Laurence I. Blair Don Brodie Helen Cohan Jeremy Cohen Robert Cook Toby Cooperman Alan Cornell Mark Dern Jill Deutch Judi Donoff* Bryan Drowos Howard DuBosar Dale Filhaber Meryl Gallatin Louise Galpern Rani H. Garfinkle Greg Gefen Ivan Gefen Rabbi Yaakov Gibber Glen Golish Emily Grabelsky Kathy Green
Dr. Gail Greenspoon Debra Halperin Austine Heldman Shelly Pechter Himmelrich Eydie Holz Betty Kane Thomas R. Kaplan Stewart Kasen Lawrence Katz Matthew Kutcher Dr. Gail Rubin Kwal Adele Lebersfeld Eric Lebersfeld Murray Leipzig Rabbi Daniel Levin Peter Levine* Barbara Lewin Sarah Lippy Michael Lipton Roxane Frechie Lipton Robert Marton Genevieve Menaged* Stephen A. Mendelsohn Rabbi Philip Moskowitz
Jeffrey Newman Cindy Orbach Nimhauser Richard Paul Barry Podolsky Wendy Pressner Kenneth Pritzker Susan Rahn Norman Ricken Jill Rose Robin Rubin Mark Schaum Dr. David Schimel Larry Schnurmacher Barbara Schwartz Rabbi Robert Silvers Joseph Sitrick Richard Stolls Ted Struhl Dorothy M. Wizer Ilene Wohlgemuth • Beneficiary Agency Chair/President
FEDERATION DIRECTORS EMERITUS Margie B. Baer Edward I. Burns Kinnie Gorelick Dorothy Lipson
Clarice F. Pressner Gordon Salganik Richard Siemens Shirley Solomon
Chair Richard D. Steinberg, CFA
Chair, Nominating Committee David Pratt, Esq.
Chair, By-Laws Jerome L. Wolf, Esq.
Chair, Women’s Philanthropy Planned Giving And Endowments Dale Filhaber Chair, Professional Advisory Committee Laurence I. Blair, Esq.
Chair, Insurance Committee Kenneth A. Pritzker Chair, Investment Committee Robert B. Lewis
Immediate Past Chair David Pratt, Esq. At Large Stanley Barry Thomas R. Kaplan Martin Lifton Michael Lipton Michael J. Shapiro Dorothy Wizer
Chair, Jewish Women’s Foundation Alice Kemper Chair, Marketing Dale Filhaber
FOUNDATION BOARD OF TRUSTEES Includes Executive Committee Adam Bankier, Esq., CPA Jeff Baskies Dana Charles-Kodner, Esq. Caryn J. Clayman, Esq. Helen Cohan Alan Cornell Janet Elinoff David E. Friedman Sheila Fuente Louise Galpern Joan Garde Ivan Gefen Clifford S. Gelber, CPA Scott L. Goldberger, JD Stephen Grabelsky Shelly Pechter Himmelrich Betty Kane David A. Katzman, CPA, CFP David A. Kirschner Daniel Kraus
Matthew J. Kutcher, CFP Richard M. Kwal Adele Lebersfeld Sandra L. Lippy Roxane Frechie Lipton Donald N. Love Seth A. Marmor, Esq. Linda A. Melcer Cindy Orbach Nimhauser Jonathan I. Sahn, CLTC Ronald L. Siegel, Esq. E. Brian Singer, CFP, CLU Ted Struhl Barbara Werner EX OFFICIO, JFSPBC Anne L. Jacobson Matthew C. Levin Lawrence Feldman
FOUNDATION PAST CHAIRS Gary Bernstein ** Albert W. Gortz, Esq. Marvin A. Kirsner, Esq. Jerome L. Wolf, Esq. Eric W. Deckinger Ralph M. Solomon **
1984 – 1986 1986 – 1988 1988 – 1990 1990 – 1991 1991 – 1994 1994 – 1996
Eugene Pargh Jeffrey S. Kahn, Esq. Caryn J. Clayman, Esq. Charles Ganz Thomas R. Kaplan David Pratt, Esq.
1996 – 1997 1997 – 2001 2001 – 2004 2004 – 2005 2005 – 2008 2008 – 2013
FEDERATION PAST CHAIRS James B. Baer ** Marianne Bobick James H. Nobil ** Marvin Zale Allan B. Solomon Richard Okonow ** Herbert Gimelstob
1979 – 1983 – 1986 – 1999 – 1988 – 1991 – 1992 – 1995 –
1983 1986 1988, 2001 1991 1992 1995 1998
Ralph Solomon ** Andrew S. Robins, Esq. Lawrence D. Altschul Etta Gross Zimmerman Stewart G. Harris ** Cindy Orbach Nimhauser Ellen R. Sarnoff** Albert W. Gortz, Esq.
1998 – 2001 – 2003 – 2005 – 2007 – 2010 – 2011 – 2014 –
1999 2003 2005 2007 2010 2011 2014 2016
**Of Blessed Memory
BENEFICIARY AGENCIES The Jewish Federation of South Palm Beach County, the Jacobson Jewish Community Foundation and the Jewish Women’s Foundation are proud to support the following organizations’ work to sustain our Jewish community and our people locally, in Israel and around the globe: Adolph & Rose Levis Alzheimer & Adult Day Care at the Volen Center Adolph & Rose Levis Jewish Community Center American Jewish Joint Distribution Committee BBYO Gold Coast Region Beit Issie Shapiro Bet Elazraki Children’s Home Birthright Israel Foundation B’nai Torah Congregation B’nai Torah Congregation/Family Promise Boca Raton Synagogue Center for Holocaust & Human Rights Education at FAU
Congregation Torah Ohr Deborah & Larry D. Silver Center for Jewish Engagement Donna Klein Jewish Academy Ethiopian National Project Florida Atlantic University School of Social Work Federation Transportation Services Florida Association of Jewish Federations Friends of Yemin Orde Hadassah, the Women’s Zionist Organization of America Hebrew Free Loan Society Hidden Sparks Hillel International
Center for Women’s Justice
Hillel of Broward and Palm Beach
Chabad Student Center
Israel Action Network
Congregation B’nai Israel
Jerusalem U
Congregation Shaarei Kodesh
Jewish Adoption & Family Care Options
Jewish Agency for Israel
Nirim Foundation
Jewish Association for Residential Care
Palm Beach County Board of Rabbis
Jewish Community Relations Council
PJ Library®
Jewish Council for Public Affairs
Play Hard Pray Hard
Jewish Education Center of South Florida
Ruth & Norman Rales Jewish Family Services
Jewish Women’s Renaissance Project
Shutaf
JobKatif: Achotenu
StandWithUs
Katz Hillel Day School of Boca Raton
Temple Beth El of Boca Raton
Katz Yeshiva High School of South Florida
Temple Beth Shalom
Kol Israel Haverim
Temple Sinai of Palm Beach
LEKET Israel Liumi
Torah Academy of Boca Raton United Hatzalah
Machshava Tova
World ORT
March of the Living
Yachad
Moishe House
Yad LaKashish
NCSY
Yashar LaChayal
REVENUE & EXPENSE REPORT (IN THOUSANDS) Jewish Federation of South Palm Beach County, Inc. Jacobson Jewish Community Foundation (JJCF) Jewish Community Facilities Corp. 2015-2016 Financial Highlights Revenue, Expense, and Grantmaking Report Final Audit Information
GRANTMAKING (IN THOUSANDS) FEDERATION GRANTS:
Adolph & Rose Levis Jewish Community Center Ruth & Norman Rales Jewish Family Services Donna Klein Jewish Academy Jewish Association for Residential Care Katz Hillel Day School SUPPORT & REVENUE: Torah Academy Annual Campaign $ 14,335 Katz Yeshiva High School Foundation Contributions, Gifts, Grants $ 6,582 Outreach and Other Program and Other Revenue $ 1,078 Adolph & Rose Levis Adult Day Care Center Florida Hillel Council TOTAL PRIMARY REVENUE $ 21,995 Birthright Israel JAFCO OTHER REVENUE: Transportation Services Interest and Dividend Income from Investments $ 233 Center for Holocaust and Human Rights Education at FAU Realized Gains from Investments $ 1,382 Temple Beth El Facilities Corp. Misc. Revenue $ 814 Special Needs Task Force Facilities Corp. - Revenue from Beneficiary Agencies on Campus $ 1,913 B’nai Brith Youth Organization- Florida Other $ 1,075 TOTAL: TOTAL OTHER REVENUE $ 5,417 OVERSEAS GRANTS*: TOTAL SUPPORT AND REVENUE
$27,412
Through Jewish Federations of North America
FOUNDATION GRANTS (JJCF) EXPENSES: Kamsly Fund Grants for Jewish Teen Programming* Jewish Women’s Foundation Grants* $ 547 Scholarships $ 1,584 Grants for Special Projects* $ 4,115 Mollie Rosenthal Memorial Fund $ 3,112 JJCF Grants from Donor Directed Funds $ 264 to Charitable Organizations excluding Weinberg Fund $ 6,614 $ 1,689
GRANTS & PROGRAM COSTS Jewish Federations of North America - Dues Jewish Federations of North America - Overseas Grants Federation & Foundation Grants to Various Beneficiaries Foundation Grants (JJCF) Charitable Grants - From Weinberg Fund Consolidated Programmatic Costs March of the Living, PJ Library, Center for Jewish Engagement TOTAL GRANTS & PROGRAM COSTS
$ 17,925
ADMINISTRATIVE AND MANAGEMENT EXPENSE
$ 971
FUNDRAISING EXPENSE
$ 2,083
$ 1,048 $ 744 $ 941 $ 404 $ 246 $ 213 $ 157 $ 132 $ 60 $ 50 $ 30 $ 25 $ 25 $15 $ 15 $5 $5 $ 4,115 $ 1,584
$ 62 $ 133 $ 132 $ 64 $100 $ 2,621 $ 3,112
FACILITIES - CAMPUS OPERATING COSTS, NET
On behalf of Beneficiary Agencies on Federation Campus, net* WEINBERG FUND GRANTS FOR SENIOR PROGRAMS*
$ 1,130 $ 264
DESIGNATED SUPPLEMENTAL GIFTS: In addition to the Annual FACILITIES/CAMPUS OPERATING COSTS Campaign, supplemental gifts were made to, or through the Federation, to Jewish organizations, apart from Annual Campaign or Emergency Campaigns. Campus-wide costs $ 2,407 Supplemental gifts enhanced Federation’s ability to advance certain programs and Campus costs on behalf of Beneficiary Agencies, gross of income $ 3,042 projects, and address emerging needs. Federation made distribution payments from TOTAL FACILITIES/CAMPUS OPERATING COSTS $ 5,449 these gifts within the 15-16 Fiscal Year totaling: $ 253
*See note below TOTAL EXPENSES
$ 26,428
Total Expenses $26,428 (In Thousands)
20%
Facilities/Campus Costs
68%
Grants & Program Costs
$5,449
(Granting to Beneficiary Agencies Net $1,130)
$17,925
8%
Fundraising
4%
$2,083
Admin./Management
$971
*NOTE: Jewish Community Facilities Corporation (“Facilities Corp”), a separate 501c2 entity, and a subsidiary of the Federation, operates and manages the 100-acre campus with over 300,000 square feet of building space. In Fiscal 2015-16, Facilities Corp. funded over $5 million to operate the campus, of which $3 million is attributable directly to the campus beneficiary agencies. The agencies assumed $2 million of that cost, and Facilities Corp. absorbed the remaining $1.1 million on their behalf, plus the additional $2.4 million campus-wide costs. *See list of all beneficiaries on pages 10 and 11.
Jacobson Jewish Community Foundation (JJCF) Statement of Activities - Fund & Operations FYE 8/31/16 (In Thousands) BEGINNING NET ASSET BALANCE 9/1/15
$ 53,260
REVENUE Fund Contributions Investment Activity
$ 4,954 $ 1,454
TOTAL FUND REVENUE
$6,408
OPERATING REVENUE
$ 134 $ 6,542
TOTAL REVENUE EXPENSES Fund Charitable Grants Operating Expenses
$ (3,904) $ (2,532)
TOTAL EXPENSES
$ (6,436)
NET SURPLUS
$ 106
ENDING NET ASSET BALANCE 8/31/16
$ 53,366
UNRESTRICTED ASSETS Unrestricted Federation/ Sinai Assets Unrestricted Foundation (JJCF) Assets TOTAL UNRESTRICTED ASSETS
$5,591 $14,453 $20,044
Revenues generated from Sinai Residences development.
The Jacobson Jewish Community Foundation (JJCF) combined assets under management are approaching $80 million. These include $53.4 million in net assets plus $22.6 million held by JJCF as custodian for local agency and synagogues. This past year, JJCF provided grants totaling over $4 million to more than 350 local, national and international organizations, including over $1.8 million in grants in support of our Federation’s Annual Campaign. JJCF seeks to create a strong philanthropic culture of planned giving throughout our community by partnering with fifteen local Jewish institutions and synagogues.
2016-17 CORPORATE SPONSORS* $25,000+
$5,000 CONT’D Hotwire Communications
The Mordis Group at Merrill Lynch
$20,000+
$10,000+ BB&T
Berger Singerman
The Boca Raton Observer
Southern Glazers Wine and Spirits
Silverstein HR
Proskauer
Wells Fargo Private Bank
$50,000+
Polen Capital Management
MBAF (Morrison, Brown, Argiz & Farra, LLC)
Steinberg Global Asset Management, Ltd
IN-KIND
Virgin Printing Corp.
$25,000+ Boca Magazine
$2,500+ Akerman LLP BAER FAMILY FOUNDATION, INC.
$15,000+ Hotwire Communications
Baer Family Foundation
Ivan & Co Jewelers
Bankier and Arlen Law Group, PLLC Brown’s Interior Design
$10,000+ Steve Greenseid Catering
Corcoran Group
Boca Raton Regional Hospital Foundation
HJ Sims Sandelman Foundation
$7,500+ COMMERCIAL
Greenbrier Greenberg Traurig
COMMERCIAL
PRINTERS
$5,000+ Atlas Party Rental
Life Care Services
The Addison
The ECJ Wealth Advisory Group, Stifel Florida Blue Lesser, Lesser, Landy & Smith PLLC Marsh & McLennan Agency | Florida
URMGN Photography
Rehmann
2,500+ Suffolk Construction
CBIZ MHM, LLC
The ECJ Wealth Advisory Group
Commercial Printers Inc.
PRINTERS INC.
$5,000 Beacon Palm Group at Morgan Stanley
INC.
Greenspoon Marder
Eliot Popper at Morgan Stanley
Zebedee Productions
Sunstates Security, LLC
WGI
Dataman Group Direct Diplomat Cigar Lounge Glenfiddich Scotch Guy La Ferrara
Neiman Marcus
Rosenbaum Art Gallery Sacklunch Marketing *listing in alphabetical order by level as of 3/13/17
THROUGH OUR PARTNER AGENCIES FEDERATION HELPED: Provide vocational training For 140 adults with developmental disabilities
550 Teen girls at high risk in Israel receive intensive services to put their lives back on track
Enrich the lives of 1,800+ local families raising jewish children who receive free jewish books through PJ LibraryÂŽ
355 Local holocaust Survivors who rely on vital homecare services to lead An independent life
Rescue 27 million pounds of fresh produce for needy and hungry people in israel
Enable 117 student and adult participants to journey on March of the Living
provide 56,000 transportation trips to the doctor for elderly and disabled in our community
Transform the Jewish futures for 12,000 college graduates and young professionals from the Diaspora working & learning in israel
Educate 937 students who receive financial assistance to attend our local Jewish Day schools
Nourish 120 local residents with 600 meals per week through meals on wheels
Resettle nearly 8,000 French Jews seeking a new life in israel
500+ students engage in Hillel programs on local College campuses
9901 Donna Klein Boulevard Boca Raton, Florida 33428 561.852.3100 jewishboca.org facebook.com/jewishboca @jewishboca