Endowment / Foundation

Updated:

Jewish Communal Fund

Jewish Communal Fund was established in 1972. It functions as the largest Jewish donor-advised fund platform in the country and maintains a sole-member...

Jewish Communal Fund logo

Jewish Communal Fund

Jewish Communal Fund was established in 1972. It functions as the largest Jewish donor-advised fund platform in the country and maintains a sole-member relationship with UJA-Federation of New York. The organization accepts donations of cash, securities, real estate, art, and cryptocurrency and converts them into grant-making capacity for its 4,800 fundholders. The fund allocates across public equities, fixed income, private equity, and alternative assets. Confirmed holdings include positions in corporate bonds, commercial mortgage-backed securities, asset-backed securities, Israel Bonds, and cryptocurrency custodied at Coinbase Prime. It also maintains direct real-estate interests in New York City properties and participates in social-impact loan programs with Hebrew Free Loan Society and Ogen in Israel. Geographic exposure centers on the United States and Israel. The firm employs 50 professionals at its Madison Avenue headquarters. It sponsors events including the JCF Economic Outlook Breakfast held in April 2024 at the Harmonie Club. Adjacent vehicles include the JCF Special Gifts Fund, which directs grants to community needs, and platform access to the JLens 500 Jewish Advocacy U.S. ETF and VanEck Israel ETF. Service providers include EisnerAmper as auditor, BlackRock and Neuberger Berman as investment managers, and Ropes & Gray as legal counsel. JCF operates as a donor-advised fund platform rather than a conventional endowment or family office. Its structure channels donated assets into grant-making while offering fundholders pre-set portfolios and liquidity terms that require 5 percent cash availability for locked investments. Governance ties to UJA-Federation and relationships with family-office executives such as the president of TABLE Management LP shape its operational posture.

General information

Firm type

Endowment / Foundation

Year founded

1972

AUM

2.786B (Altss estimate)

Location

Region

North America

Country

United States

City

New York

Corporate office

575 Madison Avenue Suite 703, New York, NY 10022, United States

Principals

Rachel Schnoll

CEO

Andrea Markezin-Press

President

Sector focus

Diversified

Frequently asked questions

Who runs investment decisions at Jewish Communal Fund?

Rachel Schnoll serves as CEO. Andrea Markezin-Press serves as President. The firm uses BlackRock and Neuberger Berman as external investment managers.

How does Jewish Communal Fund source proprietary deal flow?

The fund receives assets through donations rather than traditional sourcing. It converts donated real estate, art, securities, and cryptocurrency into grant-making capacity.

Is Jewish Communal Fund structured as a single family office or does it operate more like a venture firm?

It operates as a donor-advised fund platform and subordinate organization of UJA-Federation of New York. It is not structured as a family office or venture firm.

Does Jewish Communal Fund participate in fund commitments or only direct deals?

It holds limited-partnership interests in private equity and long/short equity hedge funds while also maintaining direct real-estate and art holdings from donations.

What investment stages does Jewish Communal Fund typically target?

The fund does not target stages in the venture sense. It accepts donations at any stage and maintains exposure across public markets, private equity, and real assets.

Where does the underlying wealth come from?

Assets originate from donations by Jewish philanthropists into donor-advised funds. No single family or wealth creator is disclosed as the origin.

Does Jewish Communal Fund maintain philanthropic structures, and how are they separated?

It maintains the JCF Special Gifts Fund for trustee-directed grants. The platform itself functions as the primary grant-making vehicle for 4,800 separate donor-advised funds.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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