Jewish Community Foundation of Montreal

Jewish Community Foundation of Montreal

The Jewish Community Foundation of Montreal was established in 1971. Kathy R. Assayag has led the organization as President and CEO since 2013. The foundation manages charitable assets for the Montreal Jewish community and broader philanthropic purposes. Assets include a marketable securities portfolio valued at approximately $2.08 billion CAD, exposure to global real estate through pooled funds, infrastructure and natural resources holdings, and a minimum allocation to Israel Bonds. Private holdings encompass shares in Canadian corporations and commitments to vehicles such as Ardian Secondary Fund VII. Geographic reach covers Canada, the United States, the United Kingdom, Europe and Israel. The foundation maintains a 12.9 percent allocation to private equity. The team comprises 18 professionals. Anne-Marie Boucher serves as Board Chair and Danny Ritter chairs the Investment Committee. Adjacent structures include the Centre for Philanthropic Learning, established in 2023, and partnerships with Federation CJA and the Generations Fund. The 2024 Annual General Meeting addressed financial performance and community impact. The foundation operates as a public foundation providing donor-advised funds and endowments rather than a single-family office. Governance separates investment management from grant distribution through relationships with service providers including State Street Global Advisors and Richter.