The Foundation (in association with the Jewish Federation of Greater Vancouver) was recently selected by the Vancouver Sun based on research by Charity Intelligence as one of “British Columbia's Top 20 Charities”. We ranked among the most efficient charities in the province on key indicators including low administrative costs and low cost of fundraising. This recognition is the culmination of over 25-years of trusted service to the community.
In 1989, Jewish Federation of Greater Vancouver established an endowment arm whose mandate was to build a fund of invested capital. The income of this fund was used to support a grant program for new and creative initiatives in the community. The Endowment Fund of Jewish Federation, with its first chair, Helen Coleman, kicked off with a modest sum of just over $200,000.
Shortly after inception, two unexpected and very large bequests were left to the endowment fund. These gifts, each valued at approximately $1 million, provided the fuel to launch an aggressive program of endowment development. In 1994, the Endowment Fund, together with Jewish Federation, honoured one of its founding fathers, Arthur Fouks. To recognize the outstanding leadership of Arthur and his wife Ancie, a tribute dinner was held. This event triggered the creation of many new family endowments.
By 1995, the Endowment Fund had over $5 million invested. It continued to grow steadily and in 1998, wishing to reflect the strong partnerships that were forming with community agencies and leading donor families, the community officially changed the name to the Jewish Community Foundation of Greater Vancouver. Thus began a broader mandate of operation. Today, the Foundation is the central address for planned and endowed giving in the Jewish community of the Lower Mainland, and boasts assets of over $53 million.