AnnuAl RepoRt foR the yeAR endingdecembeR 31, 2011

A PAssion for PhilAnthroPy

For this generation...and generations to come.

lorin m. fifeChair

marvin i. SchotlandPresident & CEo

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over the past two decades, we have witnessed unprecedented

growth in the number of innovative nonprofit organizations

nationwide. inspired by a new breed of social entrepreneur, these

initiatives are focused on addressing some of our society’s most

vexing challenges.

recent seed funding from the foundation has played a key role

in locally launching successful social innovations—Jumpstart,

30 years After, limmudlA, Jewlicious, Reboot, and JQ international,

to name just a few. A defining characteristic of these organizations

and many others supported by the foundation is their passion.

Passion is also a word that describes our donors. they are driven

by a desire to make a difference to translate their good fortune into

good works and to sustain causes that resonate deeply within them.

the passionate philanthropist is at once inspired and inspirational.

so too at the foundation. We connect passionate ideas with the

resources to power them. With our nearly 60-year history as

stewards of Jewish l.A.’s charitable assets—$737 million as of

12/31/11—donors depend upon our strength, stability, continuity,

and innovation to help them fulfill their charitable passions.

in this vein, the foundation recently unveiled its center for designed

philanthropy, conceived to assist donors and their families in fulfilling

their passions by customizing their charitable goals in profoundly

personal ways. the Center’s staff helps donors magnify the impact

of their philanthropy by identifying areas of interest and meaningful

funding opportunities, leveraging their resources, and facilitating

cross-generational dialogue among families.

As always, we thank our donors for their unwavering confidence,

our Board of trustees for its sound counsel, and the management

team and staff for their tireless work—and of course, their passion

for philanthropy.

sincerely,

What a difference passion makes. it can transform

an issue, a need, or a cause in seemingly impossible

ways. it can move minds toward unparalleled action.

And it’s through passion that formidable change in

our world often happens.

At the Jewish Community foundation, donors

are able to fuse their passion with purpose

and action—both within the Jewish community

and the community at large. like the people

featured on the following pages, our donors are

able to translate their passion into meaningful and

lasting impact.

What’s your passion? find out how the foundation

can help you transform your passion into a powerful

and lasting legacy….

PAssion(l-r, top) marvin i. schotland, President & CEo and lorin m. fife, Chair.

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Diane and Guilford Glazer with their granddaughter Alexandra shabtai at the Glazer home in Beverly Hills.

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for nearly 30 years, we’ve had a donor advised fund at the foundation,

so we know the value of The Foundation firsthand. it has been our longtime

philanthropic partner in fulfilling our vision of peace in the middle east and promoting passionate support for israel worldwide.

—Diane & Guilford Glazer

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susan hirsch Goldfarb with her sons linden (c) and matt (r) relaxing at home in sherman oaks.

through the example my parents set for me—along with creating a foundation fund—

giving back to the community is paramount in my life, and i’m

striving to instill that value in my sons as well. i’m passionate about Jewish education, as it creates a new generation enriched with Jewish values.

i’m also very fond of our Jewish elderly. As the community’s backbone,

they deserve our loyal support.

—susan hirsch Goldfarb

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Roz and Abner Goldstine preparing for the sabbath in their Beverly hills home.

We are passionate about our responsibility—and our privilege—

to assist those less fortunate and to further the continuity of the Jewish people. through our fund at the foundation, we are committed to easing

the lives of holocaust survivors, ensuring aging seniors have the online

tools to keep their minds stimulated, and furthering the education

and training of tomorrow’s rabbis.

—Roz & Abner Goldstine

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Dana and Evan schlessinger with (l-r) shimon, Eitan, and shira in their Westwood residence.

our passion is Jewish camping—it’s one of the most powerful

Jewish experiences children can have and lets them own their own Judaism. With our fund at the foundation, we can concentrate on supporting causes like

Jewish camping while the foundation handles all the administration, allowing us to concentrate more on our family.

—Dana & Evan schlessinger

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George Adler (l) and Jack frydrych together at George’s house in manhattan Beach.

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We’re two friends who created a fund at The Foundation to help fulfill our charitable passions—supporting Jewish education and Jewish identity in eastern europe. the foundation makes it easy for us to work

through the Jewish community to help underprivileged children overseas. best of all,

we are able to participate in the joy of funding without being

concerned about administrative details.

—George Adler & Jack frydrych

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Farah and Steve Gozini with their children (l-r) nicole, natalie, and Allen outside their Brentwood home.

We’re passionate about several things, and philanthropy is at the top of the list. As we enter the next stage of life, with our kids on their

way to being grownups and as immigrants who realized the American dream, we think it is

our turn to give back to our community. So we recently decided to create

a fund at the foundation to help us refine our passions and to support them

with greater confidence.

—Farah & Steve Gozini

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with our mission of meeting the community’s needs today and for generations to come, the foundation’s investment strategy is focused on diversification and balancing the return on assets within prudent risk parameters. our investment Committee, composed of professionals who manage portfolios totaling billions of dollars, strives to achieve a portfolio total return that compares favorably to its benchmarks.

Asset Allocationthe foundation’s common investment pool maintains a balanced portfolio consisting primarily of foundation and agency endowment funds and concentrates on a long-term strategy of growth and preservation of capital. in 2011, the Common investment Pool dipped 0.7 percent, with assets amounting to $234 million at year-end, the same amount as that of 2010. the Common investment Pool’s 2011 performance exceeded its benchmark by 0.9 percent.

to strengthen performance when the market is on the rise and to reduce 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.

Donor fundsEndowment fundsFamily Support Organizationsinstitutional Endowments

michael Januzik Cfo/sVP, finance & Administration

737M

At year-end 2011, total assets at the Jewish Community Foundation grew to $737 million. Grants totaling $54 million were distributed to more than 1,800 organizations.

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At year-end 2011, total assets at the Jewish Community foundation grew to $737 million. Grants totaling $54 million were distributed to more than 1,800 organizations with programs spanning the entire range of philanthropic endeavors. this assistance provided critical support to the Jewish community and the community at large, especially during yet another economically difficult year for many individuals and nonprofit organizations.

Donor GiftsDonors contributed a total of $77 million in 2011— a 22 percent increase from 2010—to funds administered by the foundation through several 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 $49 million. this helped to raise total assets held in Donor funds to $355 million.

• Sixteen million dollars in gifts funded 38 new donor Advised funds, life income funds, Restricted endowment funds, and Agency funds. this represents a 31 percent increase in the numberof new funds from the prior year.

• The 40 family Support organizations affiliated with the foundation accounted for total assets of $134 million. Additions to family support Organizations totaled $19 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.

Investment Philosophy Our investment portfolio’s financial objective is to preserve and strengthen the purchasing power of the fund. Consistent

marvin i. SchotlandPresident & CEo

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Common investment Pool(total return)(%)

Donor funds Portfolio(Current yield)(%)

2011201020092008200720062005200420032002

(0.7)11.818.8

(29.6)7.8

11.88.59.6

15.5(0.5)

0.61.12.23.84.73.82.62.32.52.8

2 0 0 2 - 2 0 1 1 R A t e S o f R e t u R n

in 2011, the foundation provided funding for seven Cutting Edge Grants totalling $1.2 million, including a $185,000, three-year Cutting Edge Grant to the Jewish federation for Caring Community: Help When and Where You Need It, which will enable 1,000 Jewish families in need to access a social worker and supportive services at selected area synagogues. the program enhances local synagogues’ ability to provide emotional and practical support for congregants in need through short-term case management, a comprehensive Community resources Guide, referrals and workshops for congregants and synagogue professionals.

Additionally, BTS Communications—a program developed by beit t’Shuvah, a nonprofit specializing in recovery and rehabilitation for Jews afflicted by addictions— received a $250,000, three-year Cutting Edge Grant to help transform the lives of 50 interns as they maintain sobriety, learn practical skills, and enter a new career. the interns will participate in a year-long vocational training program for careers in graphic and Web design, online advertising, and social media marketing. in addition, the interns will gain practical work experience by providing marketing and communications services to Jewish organizations and synagogues.

General Community GrantsThe Foundation exemplifies its commitment to the precept of tikkun olam—repairing the world—by supporting programs in the Jewish community as well as in the community at large through its general community grants. These grants offer funding to nonprofits that develop programs designed to successfully address high-priority needs in the greater los Angeles community. in 2011, the foundation awarded a total of $200,000 in General Community Grants to 11 nonprofits for work in two major areas: programs and services for veterans and soldiers

Amelia XannVP, Center for Designed Philanthropy

social services 63%

religious life 18%

Education 11%

Arts & Culture 5%

health, science & Environment 2%

Civic life 1%

FounDAtIon LeGAcy GrAntsby Field of Interest - $5 million

70% 60 50 40 30 20 10 0

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FounDAtIon LeGAcy GrAntsin 2011, the foundation awarded a total of $5 million to seed new programs and to support initiatives that enhance the health and well-being of Jewish los Angeles, the community at large 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, israel grants, and Restricted grants.

community GrantsProviding support to address important issue areas in both the Jewish community and the community at large, community grants are awarded annually through a competitive process. in 2011, nearly $2.5 million was distributed in the categories of cutting edge, general community, and israel grants.

Cutting Edge Grantsto inspire social entrepreneurs, creative thinkers, and innovative organizations to develop significant, transformative programs for the los Angeles 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. in addition to the funding itself, the foundation’s grant professionals also provide special assistance and guidance to the grant recipients throughout the duration of the grant award, helping to strengthen the program and its outcomes.

daniel RothblattsVP, Philanthropic services

The Foundation exemplifies its commitment to the precept of tikkun olam...by supporting programs not only in the Jewish community, but also in the community at large.

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Partnership investments 30%

international Equity 24%

fixed income 23%

Domestic Equity 18%

Exchange traded Commodity 5%

0 10 20 30 40 50 60 70%common Investment PooL

employment in Jerusalem. the professional tracks include the government/public sector, economics and business, high technology, architecture and design, biomedical industry, and tourism.  The goal is to encourage young adults to live and work in Jerusalem and to keep the city vibrant and prosperous.

to foster economic growth in the negev and Galilee, the foundation awarded a $215,000 israel Grant to the oR movement to create and track thousands of jobs in those communities. While the negev and Galilee regions represent about 60 percent of israel’s land mass, only eight percent of israelis live there. the foundation’s grant will help promote some 13,500 job opportunities in the Negev and Galilee and aims to fill 85 percent of them. 

restricted 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 Restricted endowment funds. in 2011, these funds distributed $2.5 million in 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, and medical assistance through such organizations in the local community as bet tzedek, builders of Jewish education, city of hope, Jewish big brothers big Sisters, Jewish family Service, Jewish free loan Association, and Jewish Vocational Service, as well as magen david Adom and Jewish national fund in israel. for example, more than $350,000 from a restricted endowment fund created by the late mickey Ross went to nine organizations providing food, shelter, medical care, and education for needy Angelenos. several recipients of Ross endowment grants included Jewish home for the Aging, l.A. Regional food bank, homeless not toothless, and meet each need with dignity.

elliot KristalVP, Charitable Gift Planning

In 2011, Restricted Endowment Funddistributed $2.5 million in grants to meet a broad range of needs locally, nationally and in Israel.

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Donor GrAntsby Sector - $49 million

70% 60 50 40 30 20 10 0

Jewish - local & national 53%

Community at large 25%

Jewish - israel 22%

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of the iraq and Afghanistan wars and their families and financial literacy for low-income youth and women.

one such grant in the amount of $20,000 went to the Military Families Programs, operated by ZeRo to thRee, an organization that informs, trains, and supports professionals, policymakers, and parents in their efforts to improve the lives of infants and toddlers. in coordination with uclA’s Veterans family Resilience center, Military Families Programs trains 45 professionals to help young children of military families to manage the stress and impact of parental deployment and parents’ reintegration into society. Professionals will also learn tools that parents can use to support their own children and to strengthen their entire family.

Moving Forward, a program of girls & gangs—which provides support and advocacy for young females affected by the juvenile justice system—received a $20,000 grant to teach life skills to girls in south and East los Angeles after their release from incarceration. The program helps young women develop life skills for healthy decision- making, independence, and self-sufficiency. 

Israel Grantsthe foundation’s israel grants support organizations addressing issues related to Jewish identity and those working to encourage economic development and self- sufficiency. These grants provide up to $250,000 over three years to organizations in Israel. A total of $1 million was awarded in israel Grants in 2011.

one recipient, new Spirit (Ruach Hadasha), received a $195,000 israel Grant to provide more than 2,000 university students with practical work experience and help them more easily enter the job market and find

baruch littmanVP, Development

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Donor & FounDAtIon LeGAcy GrAntsby Field of Interest - $54 million

Education 31%

social services 29%

religious life 14%

Civic life 12%

health, science & Environment 8%

Arts & Culture 6%

the foundation has never wavered from its commitment to serve the needs of the community and those seeking to strengthen the community. safeguarding the philanthropic legacy of our donors and the security and impact of their charitable assets is our primary institutional priority.

the foundation has operated at or under budget every year for more than a decade. in 2011, our operating expenses were $5 million, 70 basis points of total assets.

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 assigned oversight responsibility for this function to its Audit Committee. the foundation’s 2011 audited financial statements can be found at www.jewishfoundationla.org/2011auditedfinancials.

Susan mattisinkoGeneral Counsel

Fifty-three percent of donor grants supported causes in the local and national Jewish communities; 25 percent funded the nonsectarian community at large; and 22 percent supported causes in Israel.

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Donor Grantsin 2011, the foundation distributed $49 million in donor-recommended grants to more than 1,800 nonprofits for programs spanning the human lifecycle.

Grants by Fields of Interest

• education represented nearly $16 million, or 33 percent.

• Social services accounted for nearly $13 million, or 25 percent of donors’ total giving.

• Arts, culture, and civic life amounted to $9 million,or 19 percent.

• Religious life made up nearly $7 million, or 14 percent.

• health, science, and the environment constituted more than $4 million, or 9 percent.

Grants by sector

• fifty-three percent, or nearly $29 million, supported causes in the local and national Jewish communities.

• Twenty-five percent, or approximately $13 million, funded programs and organizations in the nonsectarian community at large.

• Twenty-two percent of all donor grants, or nearly $12 million, supported worthy causes in israel.

ensuring continuity and stabilitythe Jewish Community foundation was built to last for generations to come. since it was established in 1954,

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Education 33%

social services 25%

religious life 14%

Civic life 13%

health, science & Environment 9%

Arts & Culture 6%

Donor GrAntsby Field of Interest - $49 million

lewis gronerDirector, marketing & Communications

oFFIcerslorin m. fifeChair

marvin i. SchotlandPresident & CEo Kenneth A. AugustVice President

leah m. bishopVice PresidentProfessional Advisors outreach Committee Co-Chair

Anthony chaninVice PresidentGeneral Community Grants Chair

max factor, iiiVice President

William R. feilerVice Presidentinvestment Committee Co-Chair

bertrand i. ginsbergVice President

harold J. masorVice President Audit Committee Chair

Scott h. RichlandVice President

Alan Stern Vice PresidentCutting Edge Grants Committee 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 lawrence Rauch treasurerfinance Committee Chair

BoArD oF trusteesmartin S. Appel * Kenneth A. August melanie bialislynn biderleah m. bishop Anthony chanin Allan b. cutrow * max factor, iiiWilliam R. feilerAbby l.t. feinmanCenter for Designed Philanthropy Committee Co-Chair

lorin m. fifebeth c. friedmanSelwyn gerber bertrand i. ginsberg herb glaserlisa greerlinda Volpert grossmark lainer *harold J. masorlawrence RauchScott h. RichlandKaren Sandlerevan SchlessingerAnnette Shapiro * brian Shirkenmichael g. SmookeCapital Grants Committee Chair

eugene SteinAlan Stern peter Weilcathy Siegel Weiss *Adlai W. WertmanCenter for Designed Philanthropy Committee Co-Chair

Raymond J. Zolekhian

* pASt chAiR

JewIsh FeDerAtIonex oFFIcIo trusteesRichard SandlerChair

Jay SandersonPresident & CEo

ADvIsory BoArDpaul S. Aronzonlionel bellelaine berke

howard m. bernsteinRobin broidygeorge t. caplanphilip W. colburn Jonathan cookler fred cowan Sonia S. cummingsirwin danielshugo d. de castrocliff einsteinirwin S. fielddavid A. gillbram goldsmith glenn golenbergSteven c. gooddaniel V. goodsteindorothy S. goren osias g. gorenlee hausnernathan J. hochmanRonald m. Kabrinsmitchell t. Kaplanmark S. KarlanRichard A. Kaynemartin Kellner martin l. Kozbergluis lainerRonald 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. Schwartzfrederick l. SimmonsRichard S. Volpert barbi Weinberg Sylvia Weisz bruce f. Whizindouglas c. Williamsmarilyn Ziering

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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 nAs of 9.12

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

pamela Weissmarketing & Communications specialist

fay Althausensupport foundationAccount Executive

heather baroffmanager, Donor relations

Donor relations

center for Designed Philanthropy

Amelia XannVice President,Center forDesigned Philanthropy

elana WienSenior Program Officer

beth bernsteinProgram Officer

naomi StronginProgram Officer

preston canterCoordinator, Center forDesigned Philanthropy

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

executive

marvin i. SchotlandPresident & CEo

Susan mattisinkoGeneral Counsel

Kate martinExecutive & Board liaison

Whatever issue, topic, or field of interest you’re

passionate about—whether it’s Jewish education,

the elderly, Jewish youth, israel, those less fortunate,

or a myriad of other causes—the foundation

can help you shape and refine your passions

and bring them to life.

We invite you to join those committed individuals

who have ignited their passion for philanthropy

by creating a charitable fund at the foundation.

WhAt’s your PAssionfor PhilAnthroPy?

daniel RothblattsVP, Philanthropic services

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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 philanthropic

strategy that fulfills your charitable passions and

ambitions, please contact the foundation:

Phone: 323.761.8704

E-mail: donate@jewishfoundationla.org

Web: www.jewishfoundationla.org

We welcome the opportunity to help design a

philanthropic plan that will fulfill your passions

and goals.

oPtions & oPPortunitiEs forDEsiGninG A PhilAnthroPiC PlAn.

Amelia XannVP, Center for Designed Philanthropy

Design: Kenji Studios

Writing/Editing: lew groner

Photography: max gerber photography (pp.1—21; 24—25)

howard pasamanick photography (p. 22)

JewIsh communIty FounDAtIon6505 Wilshire Boulevard, suite 1200

Los Angeles, California 90048 • 323.761.8700

www.jewishfoundationla.org