The Jewish Foundation of Cincinnati was established in 1995 with approximately $70 million in assets. For the next 15 years, the Foundation’s Board of Trustees made approximately $3.5 million in grants each year as part of its mission to advance, promote and strengthen the Cincinnati Jewish community.
In 2010, Mercy Health Partners purchased The Jewish Hospital of Cincinnati, generating a new asset base for the Foundation that has grown to exceed 300 million. The Foundation worked with a team from Rosov Consulting, which specializes in Jewish communal philanthropy, to develop a strategic plan that would guide its transition from a $3.5 million per year traditional grantmaking entity to a $15-$16 million per year strategic investor in Cincinnati’s Jewish community. The Trustees established a unified set of principles intended to undergird their work; five specific and distinct grantmaking goal areas; and a set of strategies to support those goals.
A Tribute to the Original Trustees of The Jewish Foundation of Cincinnati
Download a pdf of the booklet here.
The Jewish Foundation of Cincinnati and the Jewish Federation of Cincinnati
The Jewish Foundation of Cincinnati is an independent private foundation that is legally separate from the Jewish Federation of Cincinnati, which is a nonprofit organization. The two organizations each have their own Trustees and professional staffs, as well as their own respective rules of governance, community goals and practices. While the Foundation makes investments in the local community from assets derived in large part from the sale of The Jewish Hospital of Cincinnati, the Federation raises funds from the community and allocates them to programs locally, in Israel and around the world. But what the Foundation and Federation have in common is that they are both stewards of Jewish community resources, and as such, work very closely together with the shared vision to ensure a vibrant Cincinnati Jewish community. The Jewish Foundation is both a significant supporter of the Jewish Federation’s Annual Community Campaign and a planning and funding partner with the Jewish Federation on a variety of projects in the areas of Senior Services, Poverty and other Vital Services, Jewish Education, Israel Awareness and Travel Grants, Leadership Development and many others.
The Jewish Foundation and Cincinnati’s Congregations
Synagogues serve a broad spectrum of Jews throughout their entire lives, fostering a sense of belonging to community, and providing grass-roots spiritual support and pastoral care for those in need. The Jewish Foundation recognizes the importance of partnering with our congregations in order to help them continue their vital role in Jewish life, and the Foundation is working closely with local rabbis to determine the most efficient ways to support our mutual goals in order to maintain a strong and vibrant Jewish community.