2012 Annual Report

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Vtues & Vu THE JEWISH COMMUNITY FOUNDATION’S ANNUAL REPORT 2012

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Transcript of 2012 Annual Report

a n n u a l r e p o r t 2 0 1 2Virtues & ValuesT h e J e w i s h C o m m u n i T y F o u n d a T i o n ’ s a n n u a l r e p o r T 2 0 1 2

On the following pages, you’ll get a glimpse of some remarkable people The Foundation partners with to strengthen our community. They represent the many noble virtues and values of the people we engage, advise, and collaborate with during our ongoing work. what virtues and values resonate most with you? We encourage you to learn more about how The Foundation is the ideal place to transform your virtues and values into a meaningful legacy of tzedakah.

(L to R) Marvin I. Schotland, President & CEO and Lawrence Rauch, Chair

One person whose virtues and values deserve special recognition is Lorin Fife, former Chair of The Foundation from 2009 –2012. Thanks to his

generous spirit, abundant wisdom, and keen foresight, The Foundation was able to accomplish

its mission during the most difficult economic period in modern American history.

The FoundaTion 2012 annual reporT p1-2

To Our Community:

Thanks to a vital, ongoing partnership with our donors, the Jewish Community Foundation of Los Angeles completed an extremely gratifying year in 2012. The Foundation and its family of donors distributed grants totaling $53 million. Donor inflows to funds at The Foundation last year approximated $77 million. Reflecting our continued financial strength and stability, The Foundation at year end managed total charitable assets of $812 million, a historic high.

These numbers, however impressive, reflect only one of our strengths. Inarguably, the most compelling aspect of The Foundation is our relationship with our donors expressed through their humanity and good works—virtues and values, which provide a most fitting theme for this year’s annual report.

These same virtues and values are present throughout our Foundation culture, creating something akin to a human tapestry—exemplified by our donors, who are continually evolving, ever purposeful, and always adding richness and vibrancy to our community. The Foundation provides a pivotal connection between our family of 1,000-plus donors and hundreds of grant recipients who “weave” the programs and initiatives that enhance life in our communities locally, nationally, and in Israel.  Year after year, and from generation to generation, The Foundation’s own grantmaking embraces inventive problem solving to meet pressing community needs. In addition to addressing core critical issues, the community

recognizes us as a place to bring forward-thinking ideas, and we are proud to have seeded many breakthrough projects. Likewise, our donors often approach us with gift planning challenges, and we welcome the opportunity to provide effective and creative solutions.

To support our donors’ ongoing desire to leave an indelible mark through their philanthropy, our Center for Designed Philanthropy encourages them to take a wide-angle view and to define issues in the ways they believe important. For example, a family’s charitable virtues and values often differ across generations, and the Center strives to build consensus, unify their efforts, and magnify the impact of their giving.

As we report on this past year’s highlights, we also look ahead to next year when we mark The Foundation’s 60th anniversary. It would be difficult to imagine this milestone occasion without the enduring support of our Board of Trustees, our donors, their professional advisors, our dedicated staff, and the many grant recipients with whom we collaborate. The Foundation continues to grow and excel through these vital partnerships. We invite you to join us.

Letter to the Communitymarvin i. schotlandPresident & CEO

lawrence rauchChair, Board of Trustees

d o n o r

Barbi and Larry Weinberg (seated), national leaders in Jewish

life, are longtime Foundation donors and pillars of support for the

L.A. Jewish community and Israel. along with their family members,

Foundation donors Jan and phil Zakowski (standing, far left)

and Jimmy weinberg (standing, far right), they have helped strengthen the fabric of our Jewish community and have provided vital assistance

to fortify the state of israel.

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Strengthen Community

“Through our funds at the Foundation, we’ve been able to strengthen our community through support for the U.S.-Israel relationship.”

—Barbi & larry weinberg, Jan & phil Zakowski, and Jimmy weinberg, Foundation donors

d o n o r

Lifelong residents of L.A., community leaders Terri Smooke and her husband Michael—who

serves as a Foundation trustee—are closely linked with numerous

meaningful causes throughout our community and well beyond.

They passionately support The Jewish Federation and the arts. The smookes

use their Foundation fund to generously nurture these and many

other charitable endeavors that enhance the well-being of

our community.

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Fulfill Passions

“We use our fund at The Foundation to fulfill two of our passions—building the Jewish community at home and abroad through The Jewish Federation’s programs and supporting arts and culture.”

—Terri & michael smooke, Foundation donors and Trustee (michael)

d o n o r

Trailblazers in the world of denim manufacturing, Jeff Rudes

and his son Sean opened a Donor Advised Fund at

The Foundation to conduct their philanthropy more strategically

and magnify the impact of their giving. as owners of

JBrand Jeans and sevenTwo denim, two of the country’s most innovative

designers of denim, Jeff and sean are stylish leaders making a real difference in the fashion

industry. now, with their Foundation fund, they’re also

making a significant difference in the world of philanthropy.

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Make a Difference

“Working with such an outstanding organization adds a level of integrity to our philanthropy. Through The Foundation, we’re able to make a real difference with our giving.”

—Jeff & sean rudes, Foundation donors

T r u s T e e s

Tony Chanin (standing), Selwyn Gerber (l) and Alan Stern (r)

are prominent leaders in their respective business professions as

well as tireless volunteers on behalf of the Jewish community. They are also seasoned Foundation trustees

who serve as chairs of several Foundation grants committees

distributing vital seed funding that influences thousands of lives. Their lay

leadership of The Foundation’s grantmaking is helping spur

innovation and enhance the quality of life in our community and

in israel.

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Nurture Innovation

“As chairs of The Foundation’s grants committees, we’re able to nurture innovation and strengthen the fabric of Los Angeles and Israel.”

—Tony Chanin, selwyn Gerber, & alan stern, Foundation Trustees

Paul Gordon Hoffman is a partner at Hoffman, Sabban &

Watenmaker, a leading L.A. trusts and estates and tax law firm,

and is also a Foundation donor. he has worked with The Foundation

extensively for many years to help his firm’s clients achieve their

charitable gift planning goals.a member of the planning committee

for The Foundation’s professional advisor speakers series for lawyers, financial planners, accountants, and

insurance brokers, paul enjoys working with The Foundation’s

professionals to provide solutions for his clients’ needs.

p r o F e s s i o n a l a d v i s o r

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Create Opportunities

“Working with The Foundation has helped us create important philanthropic opportunities for our clients.”

—paul Gordon hoffman, of hoffman, sabban & watenmaker, apC

G r a n T r e C i p i e n T

The Jewish Federation’s PresenTenseLA program is a 2012

Foundation Cutting Edge Grant recipient focused on training and mentoring the next generation of

Jewish community leaders. Through The Foundation’s seed funding, the

initiative has been able to successfully launch its first year of developing

promising young Jewish leaders and innovators in l.a.

Pictured at or near table (L-R): PresenTenseLA Fellows

Ashley Waterman, Jason Youdeem, Gabriel Botnick, and Rabbi Sara Brandes.

Standing (L-R): PresenTenseLA Mentors Gary Brennglass, Samara Hutman,

Shahram Hazany, and Tobi Inlender.

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Cultivate Leadership

“Thanks to The Jewish Federation’s PresenTenseLA initiative—and The Foundation’s support—I’m acquiring the skills and training to develop my nonprofit idea with confidence and to take on a future leadership role in our community.”

— ashley waterman, presenTensela Fellow

At the close of 2012, total assets at the Jewish Community Foundation grew to a record $812 million, a 10 percent increase from the prior year. A total of $53 million in grants was distributed to more than 1,900 organizations with programs spanning the entire range of philanthropic giving. This assistance provided vital support, especially during another economically challenging period for many individuals and nonprofits.

donor GiftsDonors contributed a total of $77 million in 2012 to funds administered by The Foundation through a variety of philanthropic instruments, including Donor Advised Funds, Family Support Organizations, Endowment Funds, and Agency and Synagogue Endowments.

• Contributions to new and existing Donor Advised Funds amounted to $61 million, a 24 percent increase from the prior year. This helped raise total assets held in Donor Funds to $385 million.

• $7 million in gifts funded 34 new Donor Advised Funds and Endowment Funds.

• The 37 Family Support Organizations affiliated with The Foundation accounted for total assets of $153 million. Additions to Family Support Organizations totaled $11 million. Family Support Organizations are designed to create a permanent legacy of family philanthropy, carried forth from generation to generation, and require a minimum of $2.5 million.

The

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“It was a distinct privilege this past year to work with

a magnificent staff and Board of Trustees on behalf

of the community.”

-Marvin I. Schotland, President & CEO

Year at a glance: 2012 At year-end 2012, total assets grew to a record $812 million, a 10 percent increase from the prior year.

Grants totaling $53 million were distributed to more than 1,900 organizations.

investment strategy The Foundation maintains a balanced portfolio—the Common investment pool—consisting primarily of Foundation and agency endowment funds, and concentrates on a long-term strategy of growth and preservation of capital. In 2012, the Common Investment Pool increased 11.5 percent, with assets reaching $259 million at year end. The Common Investment Pool’s 2012 performance exceeded its benchmark by more than 1 percent. The Foundation’s Cash & Cash equivalents pool is primarily used for liquidity for grantmaking by Donor Advised Funds and Family Support Organizations. This pool returned 0.3 percent in 2012.

“A 2012 highlight was attending a family support organization’s annual meeting where several grandkids pitched the Board (including their parents and grandparents) on their grant proposal. There were many justifiably proud people there!”

-Michael J. Januzik, CFO/Senior Vice President, Finance & Administration

Donors contributed a total of $77 million in 2012 to funds administered by

The Foundation.

The Common Investment Pool concentrates on a long-term strategy of growth and preservation

of capital.

900

800

700

600

500

400

300

200

100

003 04 05 06 07 08 09 10 1211

476M

551M

603M

743M

797M

690M 706M731M 737M

812M

Donor Funds Endowment Funds Family Support Organizations Institutional Endowments

TOTAL ASSETS

2012201120102009200820072006200520042003

Common Investment Pool (Total Return)(%)

11.5 (0.7)11.818.8

(29.6)7.8

11.88.59.6

15.5

2003 —2012 rates of returnCash & Cash Equivalents Pool (Current Yield)(%)

0.30.61.12.23.84.73.82.62.32.5

Our Investment Committee, composed of professionals who manage portfolios totaling billions of dollars, pursues a diversified investment strategy designed to balance return on assets within acceptable risk parameters. To strengthen performance when the market is up and limit losses when it is down, the Investment Committee relies on investment management firms with proven expertise in specific asset classes. The Investment Committee—supported by an independent institutional investment consulting firm—routinely analyzes fluctuations in financial sectors and market conditions and meets quarterly to evaluate manager performance and to monitor portfolio risk.

FoundaTion leGaCy GranTsIn 2012, The Foundation awarded a total of $5 million to seed new programs and support initiatives that enhance the health and well- being of our community and Israel. Together with Foundation staff, the Grants Committee strives to maximize the impact of these awards. This year, funding was provided for Community Grants—including Cutting Edge Grants and Israel Grants—and Endowment Grants.

Community GrantsProviding support to address important issue areas in both the Jewish community and community-at-large, Community Grants are awarded annually through a competitive process. In 2012, nearly $2 million was distributed in this category.

Cutting edge GrantsTo inspire social entrepreneurs, creative thinkers, and innovative organizations to develop significant, transformative programs for the L.A. Jewish community, The Foundation provides seed funding

“Working together to strengthen our Jewish

community and make L.A. a better place for everyone

helped to make 2012 a very special year.”

-Dan Rothblatt, Senior Vice President, Philanthropic Services

Fixed Income 29%

International Equity 24%

Domestic Equity 21%

Partnership Investments 21%

Exchange Traded Commodity 5%

In 2012, The Foundation awarded a total of $5 million to seed new programs and support initiatives that enhance the health and well-being of our

community and Israel.

common investment pool AllocAtion

The

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to launch new, high-impact programs. Through its Cutting Edge Grants Initiative, awards of up to $250,000 are distributed over a maximum three-year period. In addition to the funding itself, The Foundation’s grants professionals also provide special assistance and guidance to the grant recipients throughout the duration of the grant award to help strengthen the program and its outcomes.

In 2012, The Foundation provided $1.1 million for five Cutting Edge Grants, including a $175,000, three-year grant to The Jewish Federation for presenTensela: The Federation’s social entrepreneurs Fellowship, to recruit, train, and mentor 36 Jewish entrepreneurial fellows to help them launch start-up ventures leading to new pathways for Jewish engagement and community building. The goal is to provide these young social entrepreneurs with the leadership skills, business tools, and connections—through a Jewish lens—that turn ideas into ventures that will engage, inspire, and transform the Los Angeles Jewish community and beyond. Additionally, a $225,000 three-year Cutting Edge Grant was awarded to remember us for The righteous Conversations project to bring together 400 teenage students with Holocaust survivors to engage in meaningful dialogue focused on personal stories of social injustice. The program, piloted at Harvard-Westlake School in 2011, relates personal stories from the Holocaust to modern day injustices and enables students to improve their skills as social activists. Students will also create public service announcements to bring greater awareness to pressing social issues.

“What was most enjoyable last year were the many opportunities to meet with Foundation donors and hear their uplifting stories of family and philanthropy.”

-Amelia Xann, Vice President, Center for Designed Philanthropy

To inspire social entrepreneurs, creative thinkers, and innovative organizations to develop significant,

transformative programs for the L.A. Jewish community,The Foundation provides seed funding to launch new,

high-impact programs.

Social Services 49%

Religious Life 30%

Education 16%

Health, Science & Environment 3%

Arts, Culture & Civic Life 2%

by Field of Interest - $5 million

foundation legacy grantsCommunity Grants • Israel Grants • Endowment Grants

israel GrantsThe Foundation’s Israel Grants support organizations addressing issues related to Jewish identity and those working to promote economic development and self-sufficiency. These grants provide up to $250,000 over three years to organizations in Israel. A total of $700,000 was awarded in Israel Grants in 2012.

For example, a $100,000 Israel Grant was awarded to Gvahim for its Career development program to provide job training, language classes, mentorship, networking tools, and job placement to 75 highly qualified new immigrants to Israel. Training includes topics such as searching for employment, salary negotiations, and labor laws. Participants regularly meet with an HR consultant and an experienced mentor and can opt to take classes in business Hebrew.

Another recipient, ein prat, received a $100,000 Israel Grant for its elul program to provide pluralistic Jewish educational enrichment to 880 Israeli young adults from across the religious spectrum through a five-week summer intensive program aimed at enriching participants’ Jewish identity and deepening their connection to the Jewish people. Participants take courses in Bible, Talmud, and Jewish history—as well as yoga, drama, and art—and celebrate Shabbat together.

endowment GrantsTo fulfill donors’ philanthropic goals of supporting specific issue areas or organizations and programs they are passionate about, The Foundation works with funders and their families to create Endowment Funds. In 2012, these funds distributed $3 million in

“The Foundation felt like one big family last year. In every meeting throughout

2012, it was more like a ‘cousins’ club’ than a

business meeting, with lots of great results.”

-Baruch Littman, Vice President, Development

Social Services 33%

Education 27%

Arts, Culture & Civic Life 16%

Religious Life 15%

Health, Science & Environment 9%

The Foundation’s Israel Grants support organizationsaddressing issues related to Jewish identity and

those working to promote economic development and self-sufficiency.

The

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by Field of Interest - $53 million

Donor & FounDationLegacy grants

Donor Advised Funds • Family Support OrganizationsCommunity Grants • Israel Grants • Endowment Grants

“The positive reception to The Foundation’s educational programming in 2012 stands out as a real highlight for me. We hosted some terrific speakers on relevant philanthropic topics that attracted enthusiastic attendance at each event.”

-Elliot Kristal, Vice President, Charitable Gift Planning

grants to meet a broad range of needs locally, nationally, and in Israel. Funds were directed to support Jewish education, Jewish identity, social service needs, medical assistance, and other areas through such local organizations as Builders of Jewish education, Cedars-sinai medical Center, Jewish Big Brothers Big sisters, Jewish Family service, Jewish Free loan association, Jewish vocational service, and vista del mar, as well as magen david adom and Jewish national Fund in Israel.

For example, the max & anna Baran, Ben & sarah Baran and milton Baran endowment Fund awarded more than $370,000 to 32 nonprofits in Los Angeles, across the United States, in Europe, and in Israel to serve the needs of the poor, elderly, and food insecure and to support Jewish education, Israel, and medical research.

donor GranTsIn 2012, The Foundation distributed $48 million to more than 1,900 nonprofits via donor-recommended grants from Donor Advised Funds and Family Support Organizations. Grants by Fields of interest

• Social services accounted for more than $15 million, or 32 percent of donors’ total giving.

• Education represented more than $13 million, or 27 percent.

• Arts, culture, and civic life amounted to nearly $9 million, or 18 percent.

• Religious life exceeded $6 million, or 13 percent.

• Health, science, and the environment constituted nearly $5 million, or 10 percent.

Social services accounted for more than $15 million or 32 percent of donors’ total giving.

Social Services 32%

Education 27%

Arts, Culture & Civic Life 18%

Religious Life 13%

Health, Science & Environment 10%

by Field of Interest - $48 million

Donor GrantsDonor Advised Funds • Family Support Organizations

Grants by sector

• 48 percent, or nearly $23 million, supported causes in the local and national Jewish communities.

• 34 percent, or more than $16 million, fundedorganizations in the nonsectarian community-at-large.

• 18 percent of all donor grants, or nearly $9 million, aided worthy programs in Israel.

ensuring Continuity and stabilityThe Jewish Community Foundation of Los Angeles was built to last for generations to come. Since it was established in 1954, The Foundation has never wavered from its commitment to serve the needs of the community and those seeking to strengthen it. Safeguarding the philanthropic legacy of our donors, and the security and impact of their charitable assets, is our primary institutional priority.

The Foundation’s Board of Trustees has fiduciary responsibility for the integrity and fairness of the financial information provided herein and for engaging the independent auditors, PricewaterhouseCoopers LLP,

“Being able to showcase some of the wonderful stories of our donors’

philanthropy in action this past year was a real privilege and pleasure.”

-Lewis Groner, Director, Marketing & Communications

48 percent of donor grants supported the local and national Jewish communities; 34 percent

funded the nonsectarian community-at-large; and 18 percent aided programs in Israel.

Jewish - Local & National 48%

Community-at-large 34%

Israel 18%

The Jewish Community Foundation of Los Angeles was built to last for generations to come.

The

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by Sector - $48 million

Donor GrantsDonor Advised Funds • Family Support Organizations

to ensure that management fulfills its responsibilities in providing accurate and reliable financial information. The Board has assigned oversight responsibility for this function to its Audit Committee. The Foundation’s 2012 audited financial statements can be found at www.jewishfoundationla.org/2012auditedfinancials.

The Foundation has operated at or under budget every year for more than a decade. In 2012, our operating expenses were $5.5 million, or 68 basis points of total assets.

“In 2012, I enjoyed assisting donors with complex donations and transactions, helping to maximize their philanthropy.”

-Susan Mattisinko, General Counsel

The Foundation’s Board of Trustees engaged theindependent auditors, PricewaterhouseCoopers LLP,to ensure that management fulfills its responsibilities

in providing accurate and reliable financial information.

2012 year aT a GlanCe hiGhliGhTs

Total assets: $812 million

asset Growth 2011 to 2012: 10%

Common investment pool rate of return: 11.5%

Contributions to The Foundation: $77 million

Grants: $53 million ($48 million Donor Grants, $5 million Foundation Legacy Grants)

For The year endinG deCemBer 31,2012

Development

daniel m. rothblattSenior Vice President,Philanthropic Services

Baruch s. littmanVice President,Development

heather GlynnDevelopment Assistant

elliot B. Kristal Vice President,Charitable Gift Planning

Georgina BaquetDevelopment &Database Coordinator

Marketing &Communications

lewis GronerDirector, Marketing &Communications

Bonnie samotin ZevManager, Marketing & Communications

Center for Designed Philanthropy

amelia XannVice President,Center forDesigned Philanthropy

elana wienSenior Program Officer

Kim newstadtProgram Officer

naomi stronginProgram Officer

preston CanterCoordinator, Center forDesigned Philanthropy

Executive

marvin i. schotlandPresident & CEO

susan mattisinkoGeneral Counsel

Kate martinExecutive & Board Liaison

michael J. JanuzikCFO/Senior Vice President,Finance & Administration

Finance & Administration

ripsima TalverdianController

Cynthia a. JonesInvestment Accountant

Janices BrownDatabase Manager/IT Specialist

Jessica vromanDirector, Accounting

dewayne nashAssistant Controller

renee ing-akanaExecutive Assistant

June del rosarioAccountant/Payroll Specialist

iris m. rodgersFoundation Secretary

Fay althausenSupport FoundationAccount Executive

heather BaroffManager, Donor Relations

Donor Relations

l e a d e r s h i p a n d s Ta F F o F T h e J e w i s h C o m m u n i T y F o u n d aT i o n

Leadership and Staff

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OFFICERSlawrence rauchChair

marvin i. schotlandPresident & CEO

leah m. BishopVice PresidentProfessional Advisors Outreach Committee Co-Chair

anthony ChaninVice PresidentGeneral Community Grants Chair

william r. FeilerVice PresidentInvestment Committee Co-Chair

abby l.T. FeinmanVice PresidentCenter for Designed PhilanthropyCommitee Co-Chair

harold J. masorVice President Audit Committee Chair

eugene steinVice President

alan stern Vice PresidentCutting Edge Grants Committee Chair

adlai w. wertmanVice PresidentCenter for Designed PhilanthropyCommitee Co-Chair

daniel m. rothblattSenior Vice President, Philanthropic Services michael J. JanuzikCFO/Senior Vice President, Finance & Administration

elliot B. KristalVice President, Charitable Gift Planning

Baruch s. littmanVice President, Development

amelia XannVice President, Center for Designed Philanthropy

selwyn GerberSecretary Israel Grants Committee Chair scott h. richland TreasurerFinance Committee Chair

BOARD OF TRuSTEESmartin s. appel * melanie Bialislynn Biderleah m. Bishop lorne m. Buchmananthony Chanin allan B. Cutrow * william r. Feilerabby l.T. Feinmanlorin m. Fife *Beth C. Friedmanselwyn Gerber Jonathan m. Glaserlisa Greerlinda volpert Grosslisa Korbatovmark lainer *harold J. masorlawrence rauchscott h. richland

Karen sandlerevan schlessingerannette shapiro * Brian shirkenmichael G. smookeCapital Grants Committee Chaireugene steinalan stern peter weilCathy siegel weiss *adlai w. wertmanKeenan l. wolensraymond J. Zolekhian* pasT Chair

JEWISH FEDERATIOnEx OFFICIO TRuSTEESrichard sandlerChair

Jay sandersonPresident & CEO

ADvISORy BOARDKenneth a. augustlionel Bellelaine Berkehoward m. Bernsteinrobin BroidyGeorge T. Caplanphilip w. Colburn Jonathan Cookler Fred Cowan sonia s. Cummingsirwin danielshugo d. de CastroCliff einsteinMarketing Chair

irwin s. Field Bertrand i. Ginsbergherb GlaserBram Goldsmith Glenn Golenbergsteven C. Gooddaniel v. Goodsteindorothy s. Goren osias G. Gorenlee hausnernathan J. hochmanronald m. Kabrinsmitchell T. Kaplanmark s. Karlanmartin l. Kozbergronald l. leibowJeffrey l. levineJordan l. lurieFrancis s. maasTodd m. morgan Jack m. nagel James a. nathan Investment Committee Co-Chair Joyce r. powell herbert a. reznikoffstanford K. rubin nathan sandlerrichard a. schulman mark n. schwartzrichard s. volpert Barbi weinberg Bruce F. whizindouglas C. williamsmarilyn Ziering

l e a d e r s h i p a n d s Ta F F o F T h e J e w i s h C o m m u n i T y F o u n d aT i o n

Leadership and Staff

Options & Opportunities

(L to R, standing:)marvin schotland

President & CEO

Baruch littman Vice President, Development

susan mattisinko General Counsel

amelia Xann Vice President,

Center for Designed Philanthropy

daniel rothblatt Senior Vice President, Philanthropic Services

elliot Kristal Vice President,

Charitable Gift Planning

(L to R, kneeling:)lewis Groner

Director, Marketing & Communications

michael Januzik CFO/Senior Vice President,

Finance & Administration

The FoundaTion’s senior manaGemenT Team

The FoundaTion 2012 annual reporT p25-26

The Jewish Community Foundation offers variety and flexibility in designing charitable gift plans. By offering personalized service and extensive professional expertise, we help to fulfill your philanthropic objectives while effectively addressing your financial, tax, and estate planning needs.

To learn how The Foundation’s team of experienced professionals can help you design a strategy that fulfills your philanthropic vision, please contact The Foundation:

phone: 323.761.8704email: [email protected]: www.jewishfoundationla.org

We welcome the opportunity to help design a philanthropic plan that will encompass your virtues and values.

Options & Opportunities

we inviTe you To Join our Family.

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6 5 0 5 W I L S H I R E B O U L E VA R D, S U I T E 1 2 0 0 , LO S A N G E L E S , C A L I F O R N I A 9 0 0 4 8 • ( 3 2 3 ) 7 6 1 - 8 7 0 5 • W W W. J E W I S H F O U N DAT I O N L A . O R G

writing/editing: Lewis Groner

photography: Max Gerber Photography

(pages 1-22 & 25)

Howard Pasamanick Photography(page 23)

Design: Kenji Studios