Federation’s foundation achieves new record
The Federation’s Jewish Community Foundation’s total assets as of June 30 reached $326 million, placing it among the 10 largest local foundations.
In 2022-2023, the Jewish Federation of Greater Pittsburgh’s foundation brought in more than $30 million in new dollars for the first time.
The $31.5 million contributed to the foundation was part of the Federation’s $47.2 million total in financial resource development, according to Federation officials.
The Federation’s Jewish Community Foundation’s total assets as of June 30 reached $326 million, placing it among the 10 largest local foundations according to Pittsburgh Business Times research.
“This achievement demonstrates our community’s commitment to philanthropy,” said Ahmie Baum, chair of the Foundation. “They recognize how the Federation can help them and their families express their Jewish values while being good stewards of their philanthropic dollars and helping them make an impact in the areas that they are passionate about.”
The Federation’s annual Community Campaign is projected to reach $13.9 million. Additionally, a $900,000 block grant from the Jewish Healthcare Foundation will support local human service organizations.
Although no major changes to core partner funding appear in this year’s funding distributions, “the Federation will begin to dedicate funds to designated community priorities and will reserve some funding for emergency and timely needs that may not be anticipated now,” according to a news release.
“Jewish Federation’s strategic changes in the planning and impact areas will enable us to respond to what we heard from people across our community,” said Jane Rollman, chair of the Federation’s Elevate Planning Implementation Committee. “These individuals wanted the Federation to play more of a convening role, bringing people together to make progress on solving some of the fundamental root causes of challenges to Jewish life in Pittsburgh.” PJC
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