# Jewish Federation of Greater Philadelphia

Jewish Federation of Greater Philadelphia is an Endowment / Foundation based in Philadelphia, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Philadelphia, United States
- **Region:** North America
- **Address:** Philadelphia, PA, United States
- **Founded:** 1901
- **Assets under management:** $500M – $1B (Altss estimate)
- **Website:** jewishphilly.org
- **LinkedIn:** https://www.linkedin.com/company/jewish-federation-of-greater-philadelphia

## Regulatory record

- **Reports private funds:** No

## About

Jewish Federation of Greater Philadelphia works on convening the community, encouraging and stewarding the generosity of our donors, and making grants to meet critical needs.

## Sectors

- Real Estate
- Private Credit
- Hedge Funds
- Venture Capital
- Infrastructure

## Offices

- Bryn Mawr, PA
- Elkins Park, PA
- Wynnewood, PA

## People

- Michael Balaban — President and CEO
- Mark Fishman — Board Co-Chair
- Susanna Lachs Adler — Board Co-Chair
- Michael P. Markman — Immediate Past Board Chair
- David Adelman — Board Member
- Amir Goldman — Board Member

## Questions

### Who actually runs investment decisions at JFGP?

The investment committee is chaired and populated by a rotating group of board members with significant private-sector experience. Mark Fishman, CEO of TRF Holdings, and Michael P. Markman, president of BET Investments, have held board leadership roles that include oversight of the investment function. Amir Goldman of Susquehanna Growth Equity brings direct GP-level venture capital judgment to the committee. The CEO, Michael Balaban, oversees the professional staff but does not appear to hold a CIO title; the model is effectively an outsourced-CIO structure executed by a high-net-worth volunteer board.

### How is JFGP related to the Jewish Federations of North America?

JFGP is one of 148 local federations in the JFNA umbrella network, but it operates independently with its own board, investment committee, and asset base. JFNA provides national-scale program coordination and emergency-response infrastructure. When the October 7 attacks occurred in 2023, JFGP routed emergency grants through JFNA channels alongside its own direct allocations, demonstrating the dual operating model.

### What does the Professional Advisors Network do for JFGP?

The Professional Advisors Network functions as a deal-flow and donor-cultivation pipeline. It convenes estate planners, wealth managers, and tax attorneys who advise high-net-worth families in the Philadelphia region. Members of the Network are positioned to recommend JFGP and its Jewish Community Foundation as recipients of bequests, charitable trusts, and complex planned gifts, making it a sustained source of future endowment capital.

## Related profiles

- [Jewish Federation of Greater Atlanta](https://altss.com/profile/jewish-federation-of-greater-atlanta)
- [Jewish Federation of Metropolitan Chicago](https://altss.com/profile/jewish-federation-of-metropolitan-chicago)

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

Canonical page: https://altss.com/profile/jewish-federation-of-greater-philadelphia-jfgp

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