Jewish Federation of Greater Vancouver

200 - 950 West 41st Avenue
Vancouver, BC V5Z 2N7
CEO: Ezra Shaken
Board Chair: Alex Cristall

Charitable Reg. #:11897 4278 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

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✔+

FINANCIAL TRANSPARENCY

Audited financial statements for current and previous years available on the charity’s website.

C-

RESULTS REPORTING

Grade based on the charity's public reporting of the work it does and the results it achieves.

n/r

DEMONSTRATED IMPACT

The demonstrated impact per dollar Ci calculates from available program information.

NEED FOR FUNDING

Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.

83%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 83 cents are available for programs.



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Programs

About Jewish Federation of Greater Vancouver:

Founded in 1987, Jewish Federation of Greater Vancouver (JFGV) aims to improve the lives of Jewish people in Greater Vancouver, Israel and around the world. Jewish Federation of Greater Vancouver provides funding to 39 partner organizations.

Local programs were 43% of Jewish Federation of Greater Vancouver’s program spending in F2019. JFGV launched an Innovation Grant program to recruit and retain students at two Jewish schools. The grant was also used to help teachers attend a professional development conference. Jewish Federation of Greater Vancouver ran the Ride the Rosh Hashanah Train at the PJ Library. The event brought in 400 people for a pre-Rosh Hashanah celebration.

Israel and overseas programs were 24% of Jewish Federation of Greater Vancouver’s program spending in F2019. In 2018, JFGV helped 23 local Jewish high school students take part in a two-week trip to Poland and Israel. The purpose of the trip was to learn more about Jewish history. JFGV also ran an annual trip to Northern Israel for grade 8 students at King David High School. According to JFGV, it is one of the largest trips of its kind in North America.

Foundation grants were 15% of Jewish Federation of Greater Vancouver's program spending in F2019. 

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Results and Impact

Ci was unable to find any quantified outcome data for Jewish Federation of Greater Vancouver.

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Finances

Jewish Federation of Greater Vancouver is a Large charity which received donations and special event revenue of $14.8 million in F2019. 26% of donations came from miscellaneous sources. Administrative costs are 3% of total revenues and fundraising costs are 14% of total revenues. For every dollar donated, 83 cents go to the cause, which is within Ci’s reasonable range for overhead spending.

Jewish Federation of Greater Vancouver has funding reserves of $73 million, which can cover annual program spending for 5.7 years. In F2019, 45% of JFGV’s grants went to three organizations. JFGV gave $2.6 million to United Israel Appeal, $1.4 million to Jewish Family services, and $988k to Jewish Community Centre of Greater Vancouver.

JFGV maintains the Jewish Community Foundation of Greater Vancouver Fund. In F2019, the fund’s return on investment was 6% (4.7% in F2018).

In F2019, Jewish Federation of Greater Vancouver paid external fundraisers $3k to raise $34k. In other words, it costs JFGV $0.09 to raise $1 through external fundraisers.

This charity report is an update that has been sent to Jewish Federation of Greater Vancouver for review. Changes and edits may be forthcoming.

Updated on May 20, 2020 by Tenzin Shomar.

Financial Review


Financial Ratios

Fiscal year ending March
201920182017
Administrative costs as % of revenues 3.1%2.2%3.4%
Fundraising costs as % of donations 14.0%7.7%14.6%
Total overhead spending 17.1%9.9%18.0%
Program cost coverage (%) 568.8%589.3%563.1%

Summary Financial Statements

All figures in $000s
201920182017
Donations 14,66921,99612,110
Special events 134366168
Investment income 3,7212,4983,999
Total revenues 18,52424,86016,277
Program costs 1,7381,4021,068
Grants 11,01110,3679,174
Administrative costs 456501420
Fundraising costs 2,0741,7161,794
Total spending 15,27813,98712,456
Cash flow from operations 3,24510,8733,821
Capital spending 353526
Funding reserves 72,51369,35357,675

Note: Ci has removed amortization from administrative costs and fundraising costs to report amortization as a separate non-cash expense.

Salary Information

Full-time staff: 32

Avg. Compensation: $70,874

Top 10 staff salary range:

$350k +
0
$300k - $350k
1
$250k - $300k
0
$200k - $250k
1
$160k - $200k
0
$120k - $160k
1
$80k - $120k
3
$40k - $80k
4
< $40k
0

Information from most recent CRA Charities Directorate filings for F2019

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Comments & Contact

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Charity Contact

Website: www.jewishvancouver.com
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: (604)257-5100

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