# Jewish Federation of Broward County

Jewish Federation of Broward County is an Endowment / Foundation based in Davie, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Davie, United States
- **Region:** North America
- **Address:** 5890 South Pine Island Road, Davie, FL 33328, United States
- **Founded:** 1957
- **Assets under management:** Undisclosed
- **Website:** jewishbroward.org
- **LinkedIn:** https://www.linkedin.com/company/jewishbroward

## Regulatory record

- **Reports private funds:** No

## About

The Jewish Federation of Broward County (JFBC) was established in 1957 and has grown into a central communal institution anchored at the Eleanor M. & Herbert D. Katz Building in Davie, Florida. Its governance reflects a deep entanglement with South Florida's private-capital establishment: Board Chair Doug Berman is a co-founder of H.I.G. Capital, and Annual Campaign Chair Seth Wise serves as Co-CEO of BBX Capital. These are not figurehead roles — they put active institutional investors at the controls of a nonprofit asset-owner, shaping a risk appetite atypical for a charitable endowment. The Federation's investment strategy, as guided by its investment committee, heavily favors buyout fund commitments. The portfolio spans direct commercial real estate assets, including Federation Plaza, a residential property in Hollywood, Florida, and LP interests in institutional real estate funds such as the SEI Core Property Fund, LP. Although it functions primarily as an annual-campaign-driven organization, the underlying endowment — stewarded through its Jewish Community Foundation — operates with the return-seeking posture of a lean institutional allocator. Geographic exposure concentrates in South Florida real estate and national-market private equity through commingled fund vehicles. The organization's layered structure connects an immediate-service mission, executed via affiliates like Goodman Jewish Family Services, to a broader national network through membership in the Jewish Federations of North America (JFNA), a system covering 146 federations. Key donor networks operate internally, with the Business & Professionals (B&P) Society serving as a dedicated track for donors contributing $1,800 or more annually. Platinum Corporate Partners such as BBX Capital formalize the bridge between local operating businesses and the Federation's philanthropic capital. What structurally differentiates JFBC from a typical community foundation is that its board is actively populated by GP-level investment professionals. This creates a de facto shared investment office dynamic where endowment allocation decisions are made by the same individuals who define private-equity strategy at firms managing billions in third-party capital. The arrangement blurs the line between nonprofit fiduciary and institutional LP, placing JFBC's endowment into a narrow cohort of charitable asset-owners with embedded, not outsourced, private-market intelligence.

## Sectors

- Real Estate
- Buyout

## People

- Doug Berman — Board Chair
- Seth Wise — Annual Campaign Chair

## Questions

### Who runs investment decisions at the Jewish Federation of Broward County?

Investment decisions are governed by the Federation's investment committee and board, chaired by Doug Berman, a co-founder of H.I.G. Capital. The committee is composed of local finance professionals, many with institutional private-equity and real estate backgrounds, rather than relying solely on an outsourced OCIO model.

### How does the Federation's investment portfolio differ from a typical nonprofit endowment?

The portfolio carries a pronounced private-equity tilt, favoring buyout fund commitments alongside direct commercial and residential real estate holdings, including a known LP position in the SEI Core Property Fund. This allocation reflects the GP backgrounds of its board leadership rather than a standard 60/40 nonprofit portfolio.

### What real estate assets does the Federation directly hold?

JFBC owns the Eleanor M. & Herbert D. Katz Building, its headquarters in Davie, Florida, and Federation Plaza, a residential property in Hollywood, Florida. These direct holdings sit alongside institutional LP interests, blending operator-owned community assets with passive real estate fund exposure.

### How is the Federation related to H.I.G. Capital and BBX Capital?

Board Chair Doug Berman is a co-founder and executive managing director of H.I.G. Capital, a global private-equity firm. Annual Campaign Chair Seth Wise is Co-CEO of BBX Capital, a diversified holding company and a Platinum Corporate Partner of the Federation. Their dual roles embed deep GP-level investment expertise directly into the Federation's governance.

## Related profiles

- [Jewish Community Foundation of St. Louis](https://altss.com/profile/jewish-community-foundation-of-st-louis)
- [Jewish Federation of Greater Atlanta](https://altss.com/profile/jewish-federation-of-greater-atlanta)

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Last updated: 2026-06-03T20:00:00.000Z

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