2013 Annual Report

If random acts of kindness can change the world...

6 0 Y E A R S O F G I F T S T H AT M AT T E R • 1 9 5 4 - 2 0 1 3

A N N U A L R E P O R T F O R T H E Y E A R E N D I N G D E C E M B E R 3 1 , 2 0 1 3

JCF AR Final_KS16.indd 1 9/3/14 4:17 PM

imagine what a more strategic approach to philanthropy can accomplish.Many people work with The Foundation to pursue their charitable passions in a more strategic fashion. By doing so, they are able to make an enormous impact in our communityand well beyond.

While random acts of kindness are wonderful, with some planning, thoughtfulness, and foresight, they can become greatly enhanced and therefore more powerful.

To effectively address the growing challenges confronting our society, it’s important to have a partner with 60 years of experiencehelping philanthropists give smarter and more strategically.

. . .


To Our Community:

The Foundation completed a very productive and gratifying 2013 that provides us momentum for The Foundation’s 60th anniversary this year and a fitting transition into our seventh decade of service to the community. At December 31, 2013, The Foundation’s total assets reached $906 million, up from $812 million a year earlier, a nearly 12 percent increase. Last year, 55 new funds were established, and $101 million was contributed to The Foundation. We and our more than

1,000 donors awarded $65 million in grants locally, nationally, and in Israel. Deeply rooted here are 225 permanent endowments established since our humble beginning in 1954. Many of these provide permanent support for causes that were quite meaningful to their creators and embody the vision of our founders who sought a source of ongoing funding to meet our community’s evolving needs. Surely today they would be immensely proud of the many initiatives created and countless lives touched through grants provided by The Foundation and our donors—as well as the fact that we are rapidly approaching the $1 billion-in-assets threshold. None of this has occurred by accident, and it informs our annual report theme. While random acts of kindness may, in fact, change the world, a decidedly more strategic approach has enabled our achievements and governs our operating strategy. Consequently, we thought it appropriate here to recognize six past living chairs of The Foundation—each of whom brought his or her unique skill sets, keen intellect and sound judgment at

pivotal stages of our growth. Allan Cutrow, Martin Appel, Annette Shapiro, Mark Lainer, Cathy Siegel Weiss, and Lorin Fife personify the best principles of Jewish lay leadership, and each has left an indelible mark that enables the good works that we and our donors accomplish together—just as we have day in and day out for the last 60 years. We move toward the next chapters in our history with a sense of confidence, optimism and, most importantly, purpose about The Foundation’s role in shaping the direction of Jewish Los Angeles for generations to come.

Sincerely,

Lawrence M. Rauch Marvin I. Schotland Chair, Board of Trustees President & CEO

Lette

r to t

he co

mm

unity

2


“The Foundation has taught me how to leverage one’s giving and

that everyone can make an impact.”“At The Foundation, I learned that it really doesn’t take an enormous amount of

money to make an impact. Everyone can make a difference, no matter what he or she has to give. The key is to get creative and leverage your funds. That’s what

The Foundation is known for. When I was young, my dad suggested I get involved with The Foundation because he felt its leaders were creative visionaries.

Dad was absolutely right.”

-Allan CutrowFoundation Chair, 1985–1988

Photo: Allan Cutrow, chair of The Foundation from 1985 through 1988, introducing two young children to the world of books and imagination. Allan is passionate about youth literacy and served as chair of Koreh LA, The Jewish Federation’s literacy project, which helped 20,000 children improve their reading skills, thanks to Foundation seed funding.


4


“By working with The Foundation, people get the most impact for

their charitable dollars.”“The Foundation excels at assisting and linking the right kinds of people and organizations to accomplish philanthropic objectives most effectively. It has

great credibility in the community because its staff and board members are all seasoned, top-notch professionals. Donors can be confident that their charitable

assets will be well taken care of and that their philanthropic ambitions will be achieved. The Foundation has been the single proudest accomplishment in

my entire nonprofit experience.”

-Marty AppelFoundation Chair, 1989–1992

Photo: Marty Appel, shown here with a resident of Los Angeles Residential Community (LARC) in Santa Clarita, is an attorney who chaired The Foundation from 1989 through 1992. Marty has for many years been actively involved with LARC—which provides a loving home and enrichment center for developmentally challenged adults—helping it become one of the most respected such facilities in the country.


6


“Seeding new programs means taking chances, and that’s where

The Foundation comes in.”“With every new challenge comes the courage you need to confront it.

That’s how I view The Foundation’s commitment to funding untested initiatives in our community. In the end, the rewards for extending support far outweigh the risks. Having the courage to take risks is the most important thing I learned at

The Foundation. That lesson has been enormously beneficial in many other leadership positions I have since held.”

-Annette ShapiroFoundation Chair, 1997–2000

Photo: Annette Shapiro (R), chair of The Foundation from 1997 through 2000, is president of the Board of Directors of Beit T’Shuvah, which helps Jews recover from addictions and begin life anew. Founded in 1987 with Foundation support, Beit T’Shuvah has transformed into a modern, multi-facility campus serving hundreds of clientele, thanks to Annette’s leadership. She is shown here with Alison Gabler, development manager, at the Beit T’Shuvah synagogue on the Joyce and Saul Brandman Campus.


8


“When you get involved with The Foundation, you learn to think

from a very broad perspective.”“You’re involved in so many aspects of the community. Rather than being

narrowly focused on just your own organization and mission, The Foundation helps you think about the bigger picture and how each cause fits into the greater

community. Through The Foundation, I’ve gained tremendous perspective that I’m now able to share for the benefit of many other organizations.”

-Mark LainerFoundation Chair, 2001–2004

Photo: Mark Lainer (L), a real estate investor and developer, served as chair of The Foundation from 2001 through 2004. His lifelong passion is Jewish education, and he has been intimately involved in the creation and growth of numerous Jewish educational institutions locally and around the country. He is shown here with Larry Kligman, head of Heschel Day School in Northridge, at the school’s Lainer Library. Mark helped found the school in 1972 and has provided vital strategic guidance to its leaders for more than four decades.


“When you get involved with The Foundation, you learn to think

from a very broad perspective.”

10


“The Foundation touches every aspect of philanthropy in

a deeply meaningful way.”“The Foundation is the ultimate strategic partner in philanthropy, both in terms of services it offers donors and the vital seed funding it provides to so many causes

in the Jewish community and beyond. Its Center for Designed Philanthropy—which helps donors become more effective philanthropists—is hard to find elsewhere. The Foundation is one of the most personally rewarding philanthropic activities

I’ve ever been engaged in, and it has enabled me to develop vital relationships with like-minded people in the community.”

-Cathy Siegel WeissFoundation Chair, 2005–2008

Photo: Cathy Siegel Weiss, a former entertainment lawyer, chaired The Foundation from 2005 through 2008. She currently is co-chair of Children’s Hospital Los Angeles, one of the nation’s top five pediatric medical centers treating many patients with life-threatening illnesses. She is pictured here in the hospital’s playroom enjoying the company of several young patients.


12


“The Foundation nurtures some of the greatest ideas in the Jewish

world in their embryonic stage.”“Working within The Foundation, I accomplished the most meaningful work I believe

I have ever undertaken in both the nonprofit and the for-profit world. For example, chairing and serving on The Foundation’s various grants committees, I was

able to observe what works and what doesn’t when seed funding new projects and what it takes to make them self-sustaining. As a result, I am now a far more

knowledgeable philanthropist and appreciate how The Foundation’s resources can take other people’s philanthropy to the next level.”

-Lorin FifeFoundation Chair, 2009–2012

Photo: Lorin Fife, formerly a senior executive and general counsel at a Fortune 500 financial services company, chaired The Foundation from 2009 through 2012. An artist and sculptor, Lorin helped champion the creation of the Jewish Artists’ Initiative—seed funded by The Foundation—and similar endeavors that are enabling participants to better express their love for Judaism, improve our community, and connect to our faith.


14


“The Foundation was blessed with outstanding lay leadership this past year, which continues a proud tradition of great

lay leaders.”

-Marvin I. Schotland, President & CEO

At year-end 2013, the Jewish Community Foundation’s total assets rose to a record $906 million, a nearly 12 percent increase from the prior year. A total of $65 million in grants was distributed to more than 2,000 organizations with programs spanning the entire range of philanthropic giving.

Donor GiftsDonors contributed a total of $101 million in 2013 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 reached $77 million, a 26 percent increase from 2012, helping to raise total assets in Donor Advised Funds to $429 million.

• Gifts of nearly $29 million established 55 new Donor Advised Funds and Endowment Funds. This represents a record number of new funds created in one year. Donor Advised Funds require a minimum of $5,000.

• The 37 Family Support Organizations affiliated with The Foundation represent total assets of $179 million. Additions to Family Support Organizations totaled $21 million. Family Support Organizations help create a permanent legacy of family philanthropy, carried forth from generation to generation, and require a minimum of $2.5 million.

Investment StrategyThe 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 2013, the

2013201220112010200920082007200620052004

Common Investment Pool (Total Return)(%)

12.211.5 (0.7)11.818.8

(29.6)7.8

11.88.59.6

2004 —2013 RATES OF RETURNCash & Cash Equivalents Pool (Current Yield)(%)

0.10.30.61.12.23.84.73.82.62.3

YEAR AT A GLANCE: 2013


Common Investment Pool increased 12.2 percent, with assets reaching $288 million at year-end. The Common Investment Pool’s 2013 performance exceeded its benchmark by 1.7 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 0.1 percent in 2013.

New Strategic Return FundThe Foundation unveiled a new investment option—the Strategic Return Fund—in late 2013 for Donor Advised Funds with assets of $50,000 or more. The Foundation’s Investment Committee actively manages this investment fund with assistance from Canterbury Consulting. The Strategic Return Fund enables donors to invest in a diversified basket of strategies intended to provide long-term growth with less volatility than would an all-stock or all-cash portfolio. Investment performance in 2014 has been comparable to that of The Foundation’s Common Investment Pool.

Our Investment Committee, consisting of leading professionals who manage portfolios worth billions of dollars, pursues a diversified investment strategy designed to balance return on assets within acceptable risk parameters set by our Board of Trustees.

“2013 was a stellar year thanks to our donors’ deep commitment to the community as reflected in over $100 million in gifts to The Foundation!”

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

2004 —2013 RATES OF RETURN

TOTAL ASSETS(Dollars in Millions)

1Billion

900

800

700

600

500

400

300

200

100

004 05 06 07 08 09 10 11 1312

551M

603M

743M

797M

690M 706M731M 737M

812M

Donor Funds Endowment Funds Family Support Organizations Institutional Endowments

906M

16


“It has been my pleasure to work with families that are

committed to improving the world and strengthening

our community. They honor their family’s legacy, teach

the next generation important values, and live

more meaningful lives.”

-Dan Rothblatt, Senior Vice President, Philanthropic Services

To strengthen performance when the market is up and to limit losses when it is down, the Investment Committee relies on investment management firms with proven expertise in specific asset classes. The Investment Committee—aided by an independent institutional investment consulting firm—routinely analyzes changes in financial sectors and market conditions and meets quarterly to assess manager performance and to monitor portfolio risk.

FOUNDATION LEGACY GRANTSIn 2013, The Foundation awarded a total of $6 million to new programs and initiatives that strengthen the fabric of our community and Israel. Together with Foundation staff, the grants committees strive to maximize the impact of these awards. This year, funding was provided for Community Grants—consisting of Cutting Edge Grants, Israel Grants, and General Community Grants—and Endowment Grants. Community GrantsTo address vital issue areas in both the Jewish community and community at large, Community Grants are awarded annually through a competitive process. In 2013, nearly $3 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 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. Beyond the

Domestic Equity 26%

International Equity 26%

Partnership Investments 25%

Fixed Income 20%

Exchange Traded Commodity 3%

COMMON INVESTMENT POOL ALLOCATION


funding itself, The Foundation’s grant professionals also provide guidance to the grant recipients throughout the grant award period, helping to strengthen the program and its results.

In 2013, over $1 million was awarded for seven Cutting Edge Grants, including a $250,000, three-year grant to The Jewish Federation for Los Angeles Jewish Abilities Center. It comprises a unique 11-organization collaborative offering comprehensive services to meet the immediate and long-term social, spiritual, and financial needs of adults with special needs. The purpose of the collaborative—the first of its kind in the country—is to enhance the quality of life for hundreds of adults with special needs by producing a resource website, offering case management services, and developing innovative programs and services.

Additionally, Creative Community For Peace received a $250,000 Cutting Edge Grant to mobilize music executives and performing artists to counter the boycott, divestment, and sanctions movement (known as the BDS movement) against Israel and to promote a positive image of the country through educational initiatives, briefings, and media campaigns. The initiative is establishing a strong online and print media presence to create a distinctive circle of influence in which industry insiders educate their artist friends and clients who, in turn, educate the public about Israel.

Israel GrantsThe Foundation’s Israel Grants support organizations addressing issues related to Jewish identity and those working to affect

“In 2013, we more frequently connected donors with our Center for Designed Philanthropy’s senior staff to spark creative giving conversations. This helped develop even stronger and more meaningful relationships with our donors.”

-Baruch Littman Vice President, Development

Social Services 59%

Education 13%

Religious Life 10%

Health, Science & Environment 9%

Arts, Culture & Civic Life 9%

by Field of Interest - $6 million

FOUNDATION LEGACY GRANTSCommunity Grants • Israel Grants • Endowment Grants

18


“I’m very proud of the many ways in which

The Foundation touched the lives of so many people

in 2013. The Foundation has assumed a vital role and a valued reputation for meeting the needs of

our community.”

-Elliot Kristal, Vice President,

Charitable Gift Planning

economic development and self-sufficiency. These grants provide up to $250,000 over three years to organizations in Israel. Israel Grants totaling $700,000 were awarded in 2013 to five organizations.

Koret Israel Economic Development Funds was awarded a $100,000 Israel Grant for its Microfinance for Low Income Jewish Women program. This initiative will support up to 600 women in developing their microenterprises, including pre-loan and post-loan business development training. Participants consist of charedi women and immigrants from Ethiopia and the Former Soviet Union who open businesses that include graphic design, child care, gift stores, clothing stores, jewelry making, and hairdressing.

Another recipient, Artists & Musicians for Israel – Neshima, received a $150,000 Israel Grant for its Neshima Teacher Training to train 1,200 teachers at 100 schools to integrate the Neshima music and art curriculum into their classrooms, influencing the Jewish identity of close to 37,000 teens. The program works with schools throughout Israel to train teachers on implementing a curriculum that provides a connection to Judaism through lyric writing, composition, drawing, and drama.

General Community GrantsReflecting its commitment to tikkun olam, The Foundation supports numerous organizations outside of the Jewish community to address high-priority concerns in Los Angeles through its

Social Services 31%

Education 31%


Religious Life 12%



DONOR & FOUNDATIONLEGACY GRANTS

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


General Community Grants. In 2013, these grants focused on early childhood development and provided a total of $200,000 to eight organizations.

The Children’s Bureau of Southern California received a $20,000 General Community Grant for its NuParent initiative. This program trains up to 15 facilitators at 38 partner organizations to prepare and support 3,000 families in providing healthy, nurturing environments for their infants and toddlers through weekly educational activities. Its goal is to mitigate cognitive, language, and emotional developmental delays in young children that are often exacerbated by poverty, child maltreatment, and low maternal education.

The South Los Angeles Child Welfare Initiative (SLACWI) was awarded a $20,000 General Community Grant for its Early Childhood System of Care to more effectively coordinate service delivery among SLACWI’s seven early childhood partner agencies in providing high-quality, holistic, and reliable care for 250 families living in South L.A. Through this program, leaders of the seven agencies regularly convene to ensure that families are receiving well-coordinated, comprehensive services and that there is consistent communication among agencies about each family.

Endowment GrantsEndowment Funds are created to fulfill donors’ desires to establish a permanent legacy and to support specific issue areas or organizations and programs donors are passionate about. In 2013, these funds distributed $3 million in grants to meet a broad range of needs locally, nationally, and in Israel. Grants were allocated to a wide spectrum of areas, including Jewish education, Jewish identity, social service needs, health care, and others through local organizations such as Bet Tzedek, Builders of Jewish Education, City of Hope, Homeboy Industries, Jewish Big Brothers Big Sisters, Jewish Family Service, Jewish Free Loan Association, and Jewish Vocational Service as well as Magen David Adom and Schechter Institute of Jewish Studies in Israel.

Support from the Doris Factor Endowment Fund launched GeneTestNow.com, an initiative to raise much-needed awareness among the Jewish community and beyond about the importance of couples discussing genetic risk factors, getting genetic screening, and becoming more informed through genetic counseling if they are carriers. Through this initiative, hundreds of Jewish adults are learning about how to integrate knowledge of their genetic profile into their journey as they successfully grow their families.

“What made this past year so special was helping donors create endowments to honor loved ones and support causes meaningful to them.”

-Susan Mattisinko, General Counsel

20


“Seeing so many wonderful expressions of our donors’

philanthropy in 2013 make a difference in the

world made for a very uplifting year.”

-Lewis Groner, Director,

Marketing & Communications

DONOR GRANTSIn 2013, The Foundation distributed $59 million to more than 2,000 nonprofits via donor-recommended grants from Donor Advised Funds and Family Support Organizations.

Grants by Fields of Interest

• Education represented approximately $20 million, or 33 percent of donors’ total giving.

• Social services accounted for more than $16 million, or 28 percent.

• Arts, culture, and civic life constituted nearly $9 million, or 15 percent.

• Religious life exceeded $7 million, or 12 percent.

• Health, science, and the environment amounted to more than $7 million, or 12 percent.

Grants by Sector

• Fifty-four percent, or more than $32 million, supported causes in the local and national Jewish communities.

• Thirty-three percent, or more than $19 million, funded organizations in the nonsectarian community at large.

• Thirteen percent of all donor grants, or nearly $8 million, aided worthy programs in Israel.

Education 33%

Social Services 28%


Religious Life 12%



DONOR GRANTSDonor Advised Funds • Family Support Organizations


Ensuring Continuity and StabilityThe Jewish Community Foundation of Los Angeles was built to last for generations to come. Since its establishment in 1954, The Foundation has never veered from its commitment to serve the needs of the community and those seeking to enhance 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, 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 2013 audited financial statements can be found at:

www.jewishfoundationla.org/2013auditedfinancials.

The Foundation has operated at or under budget every year for more than two decades. In 2013, our operating expenses were $5.7 million, or 63 basis points of total assets.

Jewish - Local & National 54%

Community at large 33%

Israel 13%

by Sector - $59 million

DONOR GRANTSDonor Advised Funds • Family Support Organizations

Since its establishment in 1954, The Foundation has never veered from

its commitment to serve the needs of the community

and those seeking to enhance it. Safeguarding the philanthropic legacy of our donors and the security and impact

of their charitable assets is our primary

institutional priority.

22


$200 million

$180

$160

$140

$120

$100

$80

$60

$40

$20

$5 5M

$0 $4.5M$1.5M$37K $8.5M$24M

TOTAL GRANTSSHOWN IN WHITE ( MILLIONS)

$20M

1954 1959 1964 1969 1974 1979 19 84$3M

$10M

$.5M$88K$22K$8K


TOTAL ASSETSSHOWN IN ORANGE ( MILLIONS)

$5 5M

$99M

$551M

$706M

$906M

$120M

$314M

$1 billion

$900 million

$800

$700

$600

$500

$400

$300

$200

$100

$43M

$78M

$20M$22M

$16M

19 84 1989 1994 1999 2004 20132009

$10M

1987

1992

1997

2002

2007

$65M20

13

24


EXECUTIVE

Marvin I. SchotlandPresident & CEO

Susan MattisinkoGeneral Counsel

Kate MartinExecutive & Board Liaison

Heather GlynnDevelopment Assistant

DEVELOPMENT

Daniel M. RothblattSenior Vice President,Philanthropic Services

Baruch S. LittmanVice President,Development

Elliot B. Kristal Vice President,Charitable Gift Planning

Georgina BaquetDevelopment &Database Coordinator

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

June del RosarioAccountant/Payroll Specialist

Iris M. RodgersFoundation Secretary

CENTER FOR DESIGNED PHILANTHROPY

Elana WienSenior Program Officer

Kim NewstadtProgram Officer

Naomi StronginProgram Officer

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

MARKETING &COMMUNICATIONS

Lewis GronerDirector, Marketing &Communications

Bonnie Samotin ZevManager, Marketing & Communications


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 OFFICERS

Lawrence RauchChair

Marvin I. SchotlandPresident & CEO

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

Evan SchlessingerVice President Cutting Edge Grants Committee Chair

Michael G. SmookeVice President Capital 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

Selwyn GerberSecretary Israel Grants Committee Chair

Scott H. Richland TreasurerFinance Committee Chair

BOARD OF TRUSTEES

Martin S. Appel * Lynn BiderLorne M. BuchmanAnthony Chanin Allan B. Cutrow * William R. FeilerAbby L.T. FeinmanLorin M. Fife *Beth C. FriedmanSelwyn Gerber Alan J. GindiJonathan M. GlaserLisa GreerLinda Volpert GrossLisa KorbatovMark Lainer *Marcia Weiner MankoffHarold J. MasorHeidi MonkarshAlan J. NussenblattLawrence RauchScott H. RichlandEvan SchlessingerAnnette Shapiro * Brian ShirkenMichael G. Smooke Peter WeilCathy Siegel Weiss *Adlai W. WertmanKeenan L. WolensRaymond J. Zolekhian* PAST CHAIR

JEWISH FEDERATIONEX OFFICIO TRUSTEES

Leslie E. BiderChair

Jay SandersonPresident & CEO

ADVISORY BOARD

Kenneth A. AugustLionel BellElaine BerkeRobin BroidyGeorge T. CaplanJonathan Cookler Sonia S. CummingsIrwin DanielsHugo D. de CastroCliff EinsteinMarketing Committee Chair

Max Factor, IIIIrwin S. Field Bertrand I. GinsbergHerb GlaserBram Goldsmith Glenn GolenbergDaniel 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

James A. Nathan Investment Committee Co-Chair

Joyce R. Powell Herbert A. ReznikoffKaren SandlerNathan SandlerRichard A. Schulman Mark N. SchwartzEugene SteinAlan SternRichard S. Volpert Barbi Weinberg Bruce F. WhizinMarilyn Ziering

Lead

ersh

ip an

d Sta

ff

26


6505 Wilshire Boulevard, Suite 1200, Los Angeles, California 90048 • 323.761.8704

www.jewishfoundationla.org

Writing/Editing: Lewis Groner

Photography: Max Gerber

(pages 6, 10, 12)

Paul Bennett(pages 2, 4, 8, 14)

Howard Pasamanick(pages 15-21 & 25)

In our 60th anniversary year, we gratefully acknowledge those who have served as chairs of The Foundation who are no longer with us.

May their memory be for a blessing.

Served 1954–1958Judge Isaac Pacht

1890–1987

Served 1958–1961Leslie G. Cramer

1905–1987

Served 1961–1962Maurice Turner

1900–1965

Served 1962–1963 & 1967–1969Lawrence E. Irell

1912–2000

Served 1964–1966Victor M. Carter

1910–2004

Served 1970–1972Louis A. Chase

1904–1985

Served 1973–1975Robert L. Spencer

1917–2000

Served 1976–1977Albert A. Spiegel

1916–2002

Served 1978–1980Arthur Groman

1914–1998

Served 1981–1984N. Joseph Ross

1908–1988

Served 1993–1996Stuart D. Buchalter

1937–2004


2013 Annual Report

Documents

Transcript of 2013 Annual Report