DEAR FEDERATION FAMILY:
Our Federation. Our Community. Our World. For 38 years, the strength of our Federation has been reflected in our ability to galvanize this Jewish community in caring for our people, from our neighborhoods to across the globe. We are proud to report that, with wisdom and perseverance, compassion and creativity, 2016 has marked another strong year of growth. And, through this growth, we’ve taken some big steps forward to fulfill our mission both today and into the future.
In terms of Financial Resource Development, 2016 saw our Annual Campaign grow for the fourth year in a row, to more than $15 million. Over $2 million was raised in new, increased and retrieved gifts. These and other increases mean that our Federation was able to help more of our people in more ways. Our growing list of 63 beneficiary agencies includes a number of recent additions, including eight innovative and effective nonprofits in Israel.
Meanwhile, the assets of our Jacobson Jewish Community Foundation (JJCF) have grown to about $80 million, of which $14.5 million are unrestricted. During the past year, JJCF provided grants of nearly $4 million, including $1.8 million in support of the Federation’s Annual Campaign (inclusive of funds from unrestricted assets). As its second year draws to a close, the 15 local Jewish organizations and synagogues in JJCF’s Create a Jewish Legacy program have generated $55.74 million in expectancies for the future of this community.
We are extremely fortunate to have welcomed two very substantial gifts to our expanding resources in the past year. Toby and Leon Cooperman’s magnanimous gift of $10 million named Sinai Residences. And Judi and Allan Schuman have contributed $1 million to establish and name our groundbreaking Center for Israel Engagement.
On our campus, the Toby & Leon Cooperman Sinai Residences has opened and received Medicare certification for its Health Center components. Memory Care and Skilled Nursing Care are nearing capacity, and Assisted Living is not far behind. Independent Living remains 100% occupied, with a waiting list. Anyone who visits knows that Sinai offers quality of life surpassing any other senior living options.
Also on our campus, Katz Yeshiva High School’s (KYHS) new facility is nearing completion. Soon, we will be the only community with two preschool through 12th grade tracks on one campus. Like our 2016 Jewish CommUNITY in Action Day that brought 2,000 of us to celebrate with a full array of local Jewish leaders at FAU, KYHS is yet another highly visible example of the ways our Federation serves as the hub of this vibrant, diverse Jewish community’s vital efforts that do so much for so many. By working together as one caring community, our strength reaches far and deep, locally and around the world.