Endowment / Foundation

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Jewish Federations of North America

Founded in 1935, the Jewish Federations of North America (JFNA) represents the collective power of nearly 400 independent Jewish communities.

Jewish Federations of North America logo

Jewish Federations of North America

Founded in 1935, the Jewish Federations of North America (JFNA) represents the collective power of nearly 400 independent Jewish communities. Operating under the leadership of President and CEO Eric Fingerhut and Board Chair Gary Torgow, the organization does not stem from a single family's fortune. Instead, its capital base is the aggregation of annual philanthropic campaigns run by its member federations, making it one of the continent's largest non-profit grantmaking collectives. JFNA's deployment model is structured around direct grantmaking and funding collaborative initiatives in social services, education, and community security. Strategic allocations support domestic programs and significant overseas commitments to core partners, including the Jewish Agency for Israel (JAFI) and the American Jewish Joint Distribution Committee (JDC). The organization's reach extends across its New York headquarters and a Washington, D.C. office, with tangible capital projects also maintained in Israel. A notable operational addition in recent years has been the facilitation of a cryptocurrency donation program, reflecting an adaptive capital-raising approach. The organization is governed by a board drawn from senior finance and philanthropic figures. The investment committee includes Rakefet Russak-Aminoach, Managing Partner at the venture firm Team8, alongside other senior professional leadership like Executive Vice President Shira Hutt. Board Vice Chair Jeffrey A. Schoenfeld is a retired Partner at Brown Brothers Harriman, and Chair Gary Torgow concurrentl y serves as Chairman of Huntington Bank. Structurally, JFNA's distinction lies in its dual role as both an asset owner and a grantmaking infrastructure provider. It manages a modest consolidated investment pool relative to its annual deployment volume, while its true scale is its $2 billion-plus annual flow of capital. This capital is channeled through the National Young Leadership Cabinet and other networks that train successive generations of philanthropic donors, ensuring the organization's relationship-driven funding model persists beyond any single beneficiary organization or campaign cycle.

General information

Firm type

Foundation

Year founded

1935

Location

Region

North America

Country

United States

City

New York

Corporate office

25 Broadway, 17th Floor, New York, NY 10004, United States

Additional offices

1275 Pennsylvania Ave. NW, Washington, DC 20004 · 88 Pine Street, Suite 500, New York, NY

Principals

Eric D. Fingerhut

President and CEO

Gary H. Torgow

Chair of the Board of Trustees

Julie B. Platt

Immediate Past Chair

Jeffrey A. Schoenfeld

Vice Chair of the Board

Rakefet Russak-Aminoach

Member of the Investment Committee

Sector focus

Social ServicesEducationPhilanthropy

Frequently asked questions

Is JFNA structured as a single endowment or a grantmaking collective?

JFNA is a grantmaking collective and umbrella organization for 146 Jewish Federations and roughly 300 network communities. It functions as a centralized fundraising and distribution body, not a traditional endowment managing a single corpus. Its financial power comes from aggregating and granting out over $2 billion in annual community campaigns.

How does JFNA source its grant capital?

Capital is sourced through annual fundraising campaigns run by its nearly 400 independent member communities across North America. While JFNA facilitates some direct donations, including a cryptocurrency donation program, the majority of its deployment capacity comes from these federated community campaigns.

Who are JFNA's largest operational partners for overseas grants?

The Jewish Agency for Israel (JAFI) and the American Jewish Joint Distribution Committee (JDC) are JFNA's two primary co-investor partners for directing funds to Israel and global Jewish communities. These partnerships form the backbone of JFNA's overseas philanthropic footprint.

What is JFNA's known posture on alternative asset investments?

JFNA's primary function is grantmaking, not investing for financial return in the traditional sense. Its investment committee, which includes professionals like Rakefet Russak-Aminoach of Team8, oversees a relatively modest consolidated reserve and fixed assets, while the vast majority of its controlled capital is deployed annually to partner organizations and programs.

Does JFNA directly operate the philanthropic programs it funds?

Generally, JFNA does not directly operate the programs. It serves as a funding and coordinating body. While it runs leadership development initiatives like the National Young Leadership Cabinet and manages security infrastructure through the Secure Community Network (SCN), most frontline social welfare and educational services are executed by its local federations and overseas partners like JDC and JAFI.

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