Federation raises more than $40 million

0

In 2013, The Jewish Federation of Greater Washington raised $41.36 million, the second year in a row that total fundraising has increased.

“This accomplishment emphasizes the extraordinary strength and resilience of our community, a community whose commitment to each other, to those in need and to tikkun olam made possible to once again achieve noteworthy success,” said Federation CEO Steve Rakitt in a press release.


The Federation’s resource development success included $19.7 million raised in commitments for its annual campaign, $4.26 million raised in directed gifts for initiatives in the community and $17.4 million invested by donors who continue to show confidence in the United Jewish Endowment Fund (UJEF).

The Federation also benefited from major donors who gave to specific programs and initiatives, including the Holocaust Survivors’ Community Fund, a joint effort between The Federation and the Jewish Social Services Agency (JSSA), which helps more than 200 Holocaust survivors in the community who live below the poverty line.

https://www.washingtonjewishweek.com/enewsletter/

The total UJEF assets under management this year grew to over $185 million, an increase of $40 million during the past two years. “The Endowment Fund had a sensational 2013 thanks to the dedication of our leadership and professional teams who provided outstanding service and support to local agencies and synagogues, donors who entrusted their funds with us and the exceptional performance of our investment advisor and investment committee,” said Mark Levitt, president of the UJEF, in a press release.

The Federation will kick off its 2014 campaign with its annual Super Sunday phone-a-thon Feb. 23. – Ian Zelaya


Never miss a story.
Sign up for our newsletter.
Email Address

LEAVE A REPLY

Please enter your comment!
Please enter your name here