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Laura and Alvin Siegal College of Judaic Studies Educational Foundation
The foundation formalizes the charitable legacy of Alvin Siegal, a Cleveland businessman, and his wife Laura, who together anchored the Cleveland College of...
Laura and Alvin Siegal College of Judaic Studies Educational Foundation
The foundation formalizes the charitable legacy of Alvin Siegal, a Cleveland businessman, and his wife Laura, who together anchored the Cleveland College of Judaic Studies before its integration into Case Western Reserve University. Now known as the Siegal Lifelong Learning Program, the initiative remains the primary recipient of the foundation's grants. The foundation's operations are closely intertwined with the Jewish Federation of Cleveland, under which it serves as a supporting organization — a classification that dictates its grantee pool and board composition. Asset oversight is delegated nearly entirely to the Jewish Federation of Cleveland. The foundation's corpus is pooled into the Federation's Main Investment Fund, a multi-asset vehicle with exposure across public equities, fixed income, private equity, and commercial real estate, including the Mandel Building at 25701 Science Park Drive in Beachwood, Ohio. The foundation itself makes no direct investments or direct co-investments; its role is limited to periodic grant distributions supporting educational programming, such as the Education Leaders Summit, rather than direct portfolio construction. The board is composed of community leaders with overlapping ties to the Federation. Paula Krulak and David Shafran serve as Vice Presidents and Trustees, while Matthew Kaliff is the Secretary. Michael D. Siegal, the family's most visible representative, is also a prominent leader within the Federation. In July 2023, Case Western Reserve's Siegal Lifelong Learning Program reported expanding its non-credit course offerings (public record), reflecting the foundation's steady, operational-level impact. What distinguishes this foundation is its intentional lack of a separate investment apparatus. It represents an endowment fully outsourced to a communal fund structure — the Jewish Federation of Cleveland's General Community Trust — a model built for operational efficiency over independent alpha generation. The foundation does not issue RFPs for managers, hold direct stakes in companies, or maintain an investment committee separate from the Federation's. This architecture places its entire corpus inside a pooled, multi-generational vehicle, a choice that prioritizes communal alignment over discrete identity.
General information
Firm type
Endowment / Foundation
Location
Region
North America
Country
United States
City
Cleveland
Corporate office
Cleveland, OH, United States
Principals
Paula Krulak
Vice President and Trustee
David Shafran
Vice President and Trustee
Matthew Kaliff
Secretary
Michael D. Siegal
family representative
Sector focus
Frequently asked questions
How does the foundation's structure as a Type I or III supporting organization affect its investment strategy?
As a supporting organization of the Jewish Federation of Cleveland, the foundation's assets are pooled into the Federation's Main Investment Fund. It does not have an independent investment committee or hire external managers directly. This structure dictates a passive, grant-based posture: the foundation's board manages distribution timing and amount, but has no role in tactical asset allocation.
What is the relationship between the foundation and Case Western Reserve University?
The foundation serves as the funding vehicle for the Siegal Lifelong Learning Program, a non-credit adult education division of Case Western Reserve University. The foundation itself is not a unit of CWRU. It functions as a grantmaker, channeling Philippe support to the program, which operates under the university's academic infrastructure.
Does the foundation make direct investments or co-investments in private companies?
No. The foundation does not hold direct stakes in private companies or participate in co-investments. All investable assets are housed within the Jewish Federation of Cleveland's General Community Trust. This trust pool is managed by the Federation's investment office and spans traditional asset classes and commercial real estate.
Who runs investment decisions for the foundation?
Investment oversight is managed entirely by the Jewish Federation of Cleveland's investment office. The foundation's own board — including Vice Presidents Paula Krulak and David Shafran, and Secretary Matthew Kaliff — does not exercise investment discretion. Their fiduciary duty is primarily concerned with grantmaking and operational compliance.
What is Michael D. Siegal's role relative to the foundation?
Michael D. Siegal, son of the late Alvin Siegal, is the most visible family figure associated with the foundation's legacy. He is a prominent leader within the Jewish Federation of Cleveland, which administers the foundation's assets. He also chairs the Michael and Anita Siegal Family Foundation, a separate charitable vehicle alongside this foundation (per the Jewish Federation of Cleveland, public record).
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