The Endowment Department of theJewish Federation of Greater Indianapolis

2010 Annual Report

Now and Into the Future... For more than a century, the Jewish Federation of Greater India-napolis’ mission has been to improve the quality of life for the Jewish community in Indianapolis, in Israel and worldwide. The caring tradi-tion of the Jewish community has enabled us to build and sustain a vibrant, innovative community. We are indebted to those that came before us and to the ongoing commitment of our donors to increase our permanent financial resources. Their fulfillment of the Talmudic saying “As my ancestors planted for me before I was born, so do I plant for those that come after me,” is the enduring model of tzeda-kah. The Federation Endowment funds play a critical role in insuring the Jewish community’s ability to respond to the current and future needs of its people from generation to generation by developing permanent financial resources. Grants from the endowment funds strengthen Jewish identity, help people in crisis, develop innovative responses to critical issues as well as providing the funding to facili-tate the programs and services that fulfill the communal goals. As a standing committee of the Federation, the Endowment program benefits from the experience and dedication of community mem-bers. The partnership of the endowment professional staff and the volunteer endowment committee members demonstrate the best practices in governance.

The Year in Review The critical need for a community to have a strong philanthropic reserve was emphasized by the difficult economic climate in 2010. Annual Federation Campaigns are unable to address the current and unexpected crisis. Due to the foresight and generosity of com-munity leaders and donors through the years, the Federation’s un-restricted endowment of $9.9 million distributed a grant of 5% of this fund to supplement annual Jewish community needs. The Federation Endowment consists of $75.9 million from more than 300 endowment funds. These funds include the unrestricted JFGI Endowment Fund, as well as donor designated restricted and unrestricted funds, custodial funds for Federation agencies and oth-er non-profit organizations and donor advised philanthropic funds. This year’s personalized service of the Federation’s Donor Advised fund programs enabled donors to recommend $2.78 million in grants through their funds benefitting Jewish and civic charities. With more than $40.5 million in 112 donor advised funds, donors were able to recommend 477grants to over 195 charities in their areas of inter-est. Donor advised funds offer convenience and simplicity in helping families and individuals achieve their charitable giving goals. Unrestricted and restricted funds provide generous financial sup-port for creative new services as well as specific purposes. In 2010, grants totaling $1,500,000 were awarded from the $15.2 million in our restricted and unrestricted funds. The Federation and other Jewish nonprofits received $1,170,873, while $396,441 went to non-Jewish nonprofits from these funds in 2010. The Federation Investment Committee, comprised of financial professionals and experienced lay leaders, oversees the prudent management of Federation endowments and assets. Guided by its investment policy, the committee works with financial consultants and experts to exert oversight on manager selection and asset allocation.

Highlights The endowment fund enables us to meet the challenges and needs of the Jewish community. It enables donors to perpetuate their philanthropic interests, provide permanent resources to strengthen and enrich Jewish life and build a future for our children and grand-children. Here is a sampling of the impact that Jewish Federation endowments had in 2010. This year, 52 children were able to attend overnight summer camps for the first or second time and 30 young people participated in organized group trips to Israel. The impact of these experiences has been demonstrated to strengthen children’s Jewish identity. Two hundred families in Indianapolis are turning bedtime mo-ments into lasting Jewish memories through the PJ Library program. It is an outreach and engagement program bringing free, high-quality Jewish books and music into homes every month. Opportunities exist to make transformative changes in the lives of our community, by creating new, life-sustaining endowment funds.

Ways To Give The Federation’s Endowment program offers a variety of ways by which donors can accomplish their philanthropic and financial goals. Whether made during the donor’s lifetime or deferred, gifts of cash, securities, life insurance, retirement funds, real estate and per-sonal assets can be used to fulfill donors‘ charitable purposes. Life in-come plans, such as charitable gift annuities and trusts, can enable donors to have an income and create a permanent endowment. Everyone can leave a legacy that represents their values and vision. The Federation is able to fulfill its mission through the generosity of its community members, for which we are very grateful. We look forward to continuing to work in close partnership with donors, fa-cilitating their visions for a secure and vibrant life in Indianapolis and around the world.

Gleaners Food Bank of IndianapolisGoodwill Industries FoundationHabitat For Humanity InternationalHadassah (New York)Hadassah (Florida)Hadassah (Indianapolis)Happy Hollow CampHasten Hebrew Academy of IndianapolisHeifer InternationalHelene G. Simon Hillel CenterHillel — Foundation for Jewish Campus Life (National)Hillel Academy Of Boca RatonHooverwoodHooverwood GuildIHC BrotherhoodIndependence Pass FoundationIndiana Bar Foundation, Inc.Indiana Historical SocietyIndiana Jewish Historical SocietyIndiana Legal Services, Inc.Indiana Repertory TheatreIndiana Society to Prevent BlindessIndiana State MuseumIndiana University FoundationIndiana University Jacobs School of MusicIndianapolis Bar FoundationIndianapolis Hebrew CongregationIndianapolis Hebrew Congregation — FoundationIndianapolis Legal Aid Society, Inc.Indianapolis Museum of ArtIndianapolis OperaIndianapolis Senior CenterIndianapolis Symphony OrchestraIndianapolis Zoological SocietyIndianapolis. Marion County Public Library FoundationInstitute of Southern Jewish Life, Inc.International Violin Competition of IndianapolisIRIS — Indiana Reading and Information ServicesIU Center on PhilanthropyIU FoundationIU Foundation — Spirit & PlaceIU Foundation Cancer Research CenterIU Foundation IndianapolisIU Foundation Jewish StudiesIU Foundation Kelley School of BusinessIU Foundation Richard Jacobs FellowshipIU Foundation School of LawIU Foundation School of MedicineIU Foundation Varsity ClubIU School of Medicine — Glaucoma Research & EducationJacobs Home, Inc.JCC Association of North America JDC Haiti Relief FundJewish Braille Institute InternationalJewish Community CenterJewish Community Relations Council

Charitable Organizations Receiving Grants* in 2010AFS-USA, Inc.Aish HaTorah ClevelandAitz Hayim Center For Jewish LivingAlzheimer Indiana ChapterAmerican Cancer SocietyAmerican Civil Liberties Union FoundationAmerican Diabetes AssociationAmerican Foundation for Surgery of the HandAmerican Friends of Western Galilee College, Inc.American Heart AssociationAmerican Jewish CommitteeAmerican Jewish Joint DistributionAmerican Jewish World ServiceAmerican Red CrossAmerican Red Cross of Greater IndianapolisAmnesty International USAAnti-Defamation LeagueAspen Public RadioAspen Valley Medical FoundationAuschwitz Jewish CenterBernard Zell Anshe Emet Day SchoolBig Brothers Big Sisters of Central IndianaBirthright Israel FoundationB’nai B’rith Foundation of the U.S.B’nai B’rith International FoundationB’nai Brith National YouthB’nai Torah — Community MashgiachB’nai Torah Congregation Boca RatonBoys & Girls Clubs of IndianapolisBrandeis UniversityBrebeuf Jesuit Preperatory SchoolBureau of Jewish Education, Inc.C.a.n.d.l.e.s. Holocaust MuseumCamp KesemCancer Support CommunityCenter To Prevent Handgun ViolenceCentral Indiana Community Foundation, Inc.Chai LifelineCharleston Jewish FederationChild Advocates, Inc.Children’s Museum of IndianapolisChristel House, Inc.CLAL — National Jewish Center for Learning & LeadersCommunity Hospital FoundationCongregation Beth-El ZedeckCongregation B’nai TorahCongregation Shaarey TefillaCooper RiisCrohns & Colitis Foundation of AmericaCrossroads of America CouncilEugene And Marilyn Glick Indiana History CenterExecutive Service Corps, Inc. — ColoradoFine Arts Society of IndianapolisFJC — A Foundation of Donor Advised FundsFountain HouseFriends of Aspen Animal ShelterFriends of Yad SarahFriends of Yemin Orde, Inc.

Charitable Organizations Receiving Grants* in 2010Jewish Family & Children of PhiladelphiaJewish Family Service Of Los AngelesJewish Federation of Cleveland — Hillel ConsortiumJewish Federation of Collier CountyJewish Federation of Fort WayneJewish Federation of Greater IndianapolisJewish Federation of NashvilleJewish Federation of OmahaJewish Federations of North AmericaJewish Federation — United Jewish Fund Los AngelesJewish MuseumJewish National Fund — JNFJunior Achievement of Central IndianaLift-UpLos Angeles Challenge CorporationLouis Shulman Hillel FoundationLubavitch of IndianaLWVPV Education FundMarch of DimesMarquette Manor FoundationMazon, Inc.Meals On Wheels, Inc.Metropolitan Museum of ArtNaftali Riff YeshivaNARAL Pro Choice America FoundationNational ALS FoundationNational Arthritis FoundationNational Jewish Medical and Research CenterNational Multiple SclerosisOrchard School FoundationPhoenix TheatrePlanned Parenthood of IndianaPlanned Parenthood of Los AngelesProliteracy WorldwidePurdue University HillelPurdue University Jewish StudiesRadcliffe College

RHI Foundation — Rehabilition Hospital of IndianaRiley Children’s FoundationRocky Mountain InstituteSalvation ArmySCAN, Inc.SFArtsEDSigma Alpha MuSimon Wiesenthal CenterSmile TrainSouth Bay Chamber Music SocietySouthern Poverty Law CenterSt. Vincent Hospital FoundationStarfish InitiativeSynagogue Emanu-ElSyracuse — Wawasee Park Foundation Inc.Temple Beth ElThe Community Foundation of Western North CarolinaThe New Israel FundTimmy Foundation, Inc.Transylvania UniversityTrinity Free ClinicTruly Moving Pictures (Heartland)Union for Reform JudaismUnited Negro College FundUnited Orthodox Hebrew Cemetery AssociationUnited States Holocaust Memorial MuseumUnited Way of Central IndianaUniversity High School of Indiana, Inc.Washington Township Schools FoundationWashington University School of MedicineWeekend to End Breast CancerWFYI — Channel 20World Jewish CongressWorld ORT, Inc.Writers’ Center of IndianaYoung Audiences of Indiana

*Some of these grants were recommendations from Donor Advised Funds (DAF)

6705 Hoover RoadIndianapolis, IN 46260

317.726.5450317.205.0307 fax

www.JFGI.org

2010–2011 Endowment Committee Members

Claudette Einhorn Co-ChairBarbara Leventhal Co-Chair

David S. Vonnegut-GabovitchPresident, Jewish Federation of Greater Indianapolis

Michael PapoExecutive Vice President, Jewish Federation of Greater Indianapolis

Endowment DepartmentWinnie Goldblatt Silberman

Endowment Director

Carolyn LeedsMichele Boukai

Inna Kolesnikova-Shmukler

Dr. Stephen K. BailieBradley S. Bell

Jay D. BenjaminCharles A. Cohen Gigi Marks FelsherDr. Bruce H. Frank

Lana FridmanDr. Edward R. Gabovitch

Phyllis GabovitchAndrew A. KleimanDavid H. Kleiman

Paul A. Kraft

Martin J. KrootWendalon Larman

Richard A. LeventhalJanie Maurer

Leon M. MordohJane MorrisonEstelle Nelson

Ronald J. NewmarkDorit Paul

Jamie RichSandra RothbaumVictor E. Vernick