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Community Foundation of Broward
The Community Foundation of Broward launched in 1984, built to unify local giving. President and CEO Jennifer O'Flannery Anderson, alongside Board Chair...
Community Foundation of Broward
The Community Foundation of Broward launched in 1984, built to unify local giving. President and CEO Jennifer O'Flannery Anderson, alongside Board Chair Jonathan K. Allen and Vice Chair Burnadette Norris-Weeks, oversees a civic institution that converts donor contributions into an enduring endowment for Broward County. Its wealth originates from decades of philanthropic contributions by area residents. Asset allocation stretches across hedge funds, private equity, distressed debt, commodities, and mission-related investments. The foundation's strategy covers the full lifecycle — seed and start-up venture, growth, buyouts, special situations, and secondaries — while its grantmaking funds causes including the Broward Cares initiative, co-founded with the United Way and Jewish Federation of Broward County. Partnerships with entities like The Frederick A. DeLuca Foundation amplify its deployment capacity throughout North America. The headquarters sits at 910 East Las Olas Boulevard in Fort Lauderdale. Beyond securities, the foundation holds a residential life estate property in Broward County and commissioned a series of public "Love" murals through its Business for the Arts Broward partnership. The Professional Advisors Council, an elite network of local tax and estate attorneys, accountants, and advisors, feeds a structured pipeline for planned giving. In recent months, the foundation maintained its active grant cycles and community fundraising collaborations, including the ongoing Broward Cares fund operations. Its structural distinction is the marriage of community foundation governance with an institutional-grade investment program. As Florida's first entity to achieve the National Standards for U.S. Community Foundations accreditation, it pairs philanthropic oversight with a portfolio that reaches into illiquid private markets — an architecture that few regional community foundations pursue at this scale.
General information
Firm type
Endowment / Foundation
Year founded
1984
Location
Region
North America
Country
United States
City
Fort Lauderdale
Corporate office
910 East Las Olas Boulevard, Suite 200, Fort Lauderdale, FL 33301
Principals
Jennifer O'Flannery Anderson
President and CEO
Jonathan K. Allen
Board Chair; Director of Broward County's Water and Wastewater Services
Burnadette Norris-Weeks
Vice Chair; Partner at Austin Pamies Norris Weeks Powell, PLLC
Sector focus
Frequently asked questions
Who is responsible for investment decisions at Community Foundation of Broward?
The foundation operates under the leadership of President and CEO Jennifer O'Flannery Anderson, with governance from a local board chaired by Jonathan K. Allen. While daily investment management may be delegated to external managers or an investment committee, ultimate fiduciary responsibility rests with this leadership team. The Professional Advisors Council, a network of local estate and tax professionals, also shapes the flow of complex gifts that enter the endowment.
How is Community Foundation of Broward's endowment invested?
The foundation allocates capital across a diversified institutional portfolio that includes hedge funds, private equity, distressed debt, commodities, and mission-related investments. Its private-market strategy spans venture capital at the seed, start-up, and growth stages, as well as buyouts, secondaries, and special situations. This broad mandate supports grantmaking while targeting long-term capital preservation.
Where does the underlying capital come from?
The endowment is funded by philanthropic contributions from individuals, families, and businesses in Broward County, Florida. Donors establish funds that are pooled into a perpetual investment portfolio. Partnerships with major funders like The Frederick A. DeLuca Foundation and matching programs such as The Jim Moran Foundation Endowment Partners enhance the asset base.
Does Community Foundation of Broward manage philanthropic vehicles beyond its endowment?
Yes. It operates several targeted giving initiatives, including the Broward Cares fund, co-founded with the United Way of Broward County and the Jewish Federation of Broward County. It also houses the LGBTQ Community Impact Fund. These vehicles function alongside the main endowment, directing resources to specific community needs.
What is Community Foundation of Broward's posture on external co-investments?
The foundation actively partners with other philanthropic entities and corporations. It co-invests in community initiatives alongside organizations such as The Frederick A. DeLuca Foundation and collaborates with Business for the Arts Broward on cultural projects. These partnerships typically focus on grantmaking and community programs rather than pooled private-market investment vehicles.
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