Jewish Community Foundation of Southern Arizona
Today. Tomorrow. Always.
Jewish Community Foundation of Southern Arizona
EIN: 86-0718936
as of September 2024
as of September 09, 2024
Programs and results
Reports and documents
Download annual reportsWhat we aim to solve
JPSA and our subsidiaries organizations the Jewish Community Foundation (JCF) and Jewish Federation of Southern Arizona support and sustain the Jewish and broader community in Southern Arizona. The Jewish Community Foundation is focused on addressing current and future community needs. JCF recognizes that we must continue to engage and inspire donors to make investments today that will ensure our tomorrow. .
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Jewish Community Foundation of Southern Arizona
Empowering individuals, families, and organizations to invest in a stronger Jewish and global communities for today and tomorrow.
Where we work
Photos
Our results
How does this organization measure their results? It's a hard question but an important one.
Total dollar amount of grants awarded
This metric is no longer tracked.Totals By Year
Related Program
Jewish Community Foundation of Southern Arizona
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
The Jewish Community Foundation's goal is to inspire donors - individuals, families, and nonprofits, to open and contribute to JCF funds, amplifying their ability to give to the causes and organizations they are passionate about. Essiential funding from JCF endowment and donor advised funds, enables nonprofit organizations to provide critical resources, education, support to build and strengthen our commpunity.
What are the organization's key strategies for making this happen?
Our stragegies include communication, outreach, and education of our donors and potential donors about the power of creating a legacy and supporting the causes individuals, families, and organiziations care about. Partner with the Jewish Federation of Southern Arizona (JFSA) under the auspices of Jewish Philanthropies of Southern Arizona has enabled JCF to enhance its ability to connect and collaborate with community members and community organizations.
What are the organization's capabilities for doing this?
JCF has a proven and trusted trackrecord of providing a donor-focused and highly personalized approach to philanthropy. JCF's talented professionals strenthen the organization's ability to achieve its goals of growing funds and donors to achieve the full potential of Jewish philanthropy in Southern Arizona, now and for future generations. JCF provides expert guidance, education, reporting, and fund management and provides a variety of options for charitable and planned giving.
What have they accomplished so far and what's next?
JCF's impact continues to grow year over year. At the end of 2022, JCF hele more than $154 million in total assets.
More than $12.1 million in grants and distributions were made last year through donor advised funds, individual endowment and organization funds. and over 500 non profits in our community and around the world received support from the generosity of JCF fund holders.
How we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
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How is your organization using feedback from the people you serve?
To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals
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Which of the following feedback practices does your organization routinely carry out?
We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback
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What challenges does the organization face when collecting feedback?
We don't have any major challenges to collecting feedback
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2022 info
2.59
Months of cash in 2022 info
17.6
Fringe rate in 2022 info
25%
Funding sources info
Assets & liabilities info
Financial data
Jewish Community Foundation of Southern Arizona
Revenue & expensesFiscal Year: Jan 01 - Dec 31
Jewish Community Foundation of Southern Arizona
Balance sheetFiscal Year: Jan 01 - Dec 31
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Jewish Community Foundation of Southern Arizona
Financial trends analysis Glossary & formula definitionsFiscal Year: Jan 01 - Dec 31
This snapshot of Jewish Community Foundation of Southern Arizona’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
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Business model indicators
Profitability info | 2018 | 2019 | 2020 | 2021 | 2022 |
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Unrestricted surplus (deficit) before depreciation | $974,458 | $13,357,150 | $342,679 | $22,652,007 | -$987,287 |
As % of expenses | 9.6% | 132.1% | 2.3% | 205.9% | -4.9% |
Unrestricted surplus (deficit) after depreciation | $966,319 | $13,349,049 | $340,382 | $22,649,727 | -$1,005,708 |
As % of expenses | 9.5% | 132.0% | 2.3% | 205.9% | -5.0% |
Revenue composition info | |||||
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Total revenue (unrestricted & restricted) | $20,028,674 | $17,779,353 | $14,250,629 | $29,193,344 | $29,048,843 |
Total revenue, % change over prior year | 64.5% | -11.2% | -19.8% | 104.9% | -0.5% |
Program services revenue | 1.0% | 1.5% | 2.8% | 1.1% | 0.9% |
Membership dues | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Investment income | 8.5% | 8.3% | 7.8% | 21.8% | 7.5% |
Government grants | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
All other grants and contributions | 58.2% | 78.8% | 78.6% | 74.3% | 85.1% |
Other revenue | 32.2% | 11.4% | 10.8% | 2.8% | 6.5% |
Expense composition info | |||||
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Total expenses before depreciation | $10,147,047 | $10,107,777 | $14,887,899 | $11,000,542 | $20,081,986 |
Total expenses, % change over prior year | -30.3% | -0.4% | 47.3% | -26.1% | 82.6% |
Personnel | 7.4% | 8.4% | 5.9% | 7.5% | 3.8% |
Professional fees | 4.0% | 3.4% | 2.5% | 3.2% | 2.1% |
Occupancy | 1.0% | 1.1% | 0.8% | 0.2% | 0.1% |
Interest | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Pass-through | 80.0% | 79.7% | 86.0% | 87.9% | 93.0% |
All other expenses | 7.5% | 7.4% | 4.8% | 1.2% | 1.0% |
Full cost components (estimated) info | 2018 | 2019 | 2020 | 2021 | 2022 |
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Total expenses (after depreciation) | $10,155,186 | $10,115,878 | $14,890,196 | $11,002,822 | $20,100,407 |
One month of savings | $845,587 | $842,315 | $1,240,658 | $916,712 | $1,673,499 |
Debt principal payment | $0 | $0 | $0 | $0 | $0 |
Fixed asset additions | $0 | $0 | $71,400 | $13,100 | $0 |
Total full costs (estimated) | $11,000,773 | $10,958,193 | $16,202,254 | $11,932,634 | $21,773,906 |
Capital structure indicators
Liquidity info | 2018 | 2019 | 2020 | 2021 | 2022 |
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Months of cash | 10.5 | 18.2 | 17.7 | 35.2 | 17.6 |
Months of cash and investments | 108.2 | 123.4 | 89.0 | 149.5 | 81.9 |
Months of estimated liquid unrestricted net assets | 74.2 | 90.3 | 61.6 | 108.0 | 58.6 |
Balance sheet composition info | 2018 | 2019 | 2020 | 2021 | 2022 |
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Cash | $8,919,258 | $15,354,021 | $22,019,340 | $32,260,326 | $29,370,323 |
Investments | $82,578,354 | $88,609,381 | $88,425,024 | $104,746,787 | $107,670,672 |
Receivables | $3,102,347 | $1,934,604 | $2,007,283 | $1,991,618 | $75,000 |
Gross land, buildings, equipment (LBE) | $125,476 | $125,476 | $196,876 | $207,974 | $152,403 |
Accumulated depreciation (as a % of LBE) | 88.7% | 95.1% | 61.8% | 58.6% | 50.8% |
Liabilities (as a % of assets) | 26.7% | 25.7% | 27.8% | 26.9% | 26.6% |
Unrestricted net assets | $62,754,538 | $76,103,587 | $76,443,969 | $99,093,696 | $98,087,988 |
Temporarily restricted net assets | $5,417,948 | N/A | N/A | N/A | N/A |
Permanently restricted net assets | $6,851,072 | N/A | N/A | N/A | N/A |
Total restricted net assets | $12,269,020 | $13,847,398 | $15,059,477 | $16,314,729 | $15,056,384 |
Total net assets | $75,023,558 | $89,950,985 | $91,503,446 | $115,408,425 | $113,144,372 |
Key data checks
Key data checks info | 2018 | 2019 | 2020 | 2021 | 2022 |
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Material data errors | No | No | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Principal Officer
Emily Richman
Chief Development Officer Emily Richman is currently serving as Interim CEO of Jewish Philanthropies of Southern Arizona (JPSA), comprised of Jewish Community Foundation and the Jewish Federation. Richman joined JPSA in January, 2022, after 18 years with the Jewish Federation of Greater Pittsburgh.
“Taking on this important community position is a true honor,” said Richman. “I am excited to continue engaging with our community members including those who may have gravitated away from our organization over time. We are looking forward to bringing back opportunities to connect through programming and volunteerism.”
Number of employees
Source: IRS Form 990
Jewish Community Foundation of Southern Arizona
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
Jewish Community Foundation of Southern Arizona
Highest paid employeesSOURCE: IRS Form 990
Compensation data
Jewish Community Foundation of Southern Arizona
Board of directorsas of 03/13/2024
Board of directors data
Liz Kanter Groskind
Liz Kanter-Groskind
Jeff Artzi
Lisa Lovallo
Isaac Rothschild
Anne Hameroff
Bruce Ash
Alec Berens
Andrew Comrie
Elizabeth Friman
Danny Gasch
Leah Geistfeld
Adam Goldstein
Ron Grant
Jeff Jacobson
Susan Jacobson
Emily Lazarus
Steve Rosenberg
Aaron Rottenstein
Jeremy Sharpe
Scott Sheftel
Ben Silverman
Sarah Singer
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Not applicable
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
No data
Gender identity
No data
Transgender Identity
No data
Sexual orientation
No data
Disability
No data
Equity strategies
Last updated: 06/15/2023GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more
- We review compensation data across the organization (and by staff levels) to identify disparities by race.
- We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
- We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
- We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
- We have community representation at the board level, either on the board itself or through a community advisory board.
- We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
- We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.