Annual Report - the Jewish Federation of Omaha Foundation ...

2010 AnnuAl RepoRt
Planning for Today,
Building for Tomorrow

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after seven years under the active leadership of steve bloch, I am humbled and excited to
have assumed the presidency of the Jewish federation of omaha foundation (“foundation”).
Under steve’s leadership, the foundation has grown and become known to many more members
of our community. I decided to accept this important position because the foundation is
essential for maintaining a strong Jewish community in omaha and together, we will make a
difference.
to provide some background information, the foundation, a separate corporate entity from the Jewish
federation of omaha (“federation”), exists to support financial viability of the federation and its agencies. the
mission statement of the foundation is printed on the back page of this report.
the federation as the umbrella organization over the various agencies housed on the Jewish community center
(“Jcc”) campus raises funds annually to operate these agencies, to pay the costs of operating the buildings on the
Jcc campus and to support the overall mission of its umbrella organization, the Jewish federations of north america
(formerly United Jewish communities) in its quest to assist Jews living in Israel and other parts of the world.
How does the foundation support the federation? as our mission states, the foundation exists to establish and
accumulate “enduring assets for permanent funding resources.” the primary type of enduring assets that have been
accumulated in the foundation’s 27 years in business are endowment funds. endowment funds basically are donated
dollars where the amount contributed is kept whole, with the annual income earned spent each year for the specific
purpose that the contributor desired when he or she established the fund. some endowment funds are started when
the donors are still living and some are set up at the donor’s passing as part of an estate plan. the foundation, over
the years, has acquired numerous endowment funds which provide, for example, scholarships for Jewish children,
support for the federation library, activities at the blumkin Home, financial assistance for the needy in the Jewish
community, etc.
In this report on pages six to ten you will see names of the numerous endowment funds that have been established
over the years. We publish these names every year to recognize the generosity of the donors. We salute all these
donors who, besides supporting the federation annual campaign, went a step further by establishing a permanent fund
to support a worthwhile cause on the Jcc campus, thus creating a lasting legacy.
on page 12 of this report you will notice the other types of funds besides endowment funds that our foundation
staff has acquired over its 27 year history.
there are many ways to help insure the future of our Jewish community here in omaha and around the world.
anyone who would like to consider leaving a legacy for the omaha Jewish community should call Marty Ricks at
(402) 334-6440 or me at (402) 496-1616 for a confidential meeting.
sincerely,
Jay noddle
President
table of contents
president’s and Director’s Reports.........................2-3
Financial overview.....................................................4
Distributions...............................................................5
endowment and Custodial Funds........................6-10
pACe/loJe..............................................................11
President’s Report
Fine tribute and Future Gifts........................................12
B’nai tzedek teen program.........................................13
Creating a legacy........................................................14
Donor Services.............................................................15
Cover photo: Pennie Z. Davis Child Development Center
10th Anniversary Family Shabbat.

there were many events worthy of note in the year ended June 30, 2010.
a new foundation president, Jay noddle, took office in July 2009. Jay, in the last year,
has been a hands-on leader who runs effective board meetings, is willing to learn every aspect
of foundation involvement and stays committed to helping our foundation fulfill its goal of
insuring the financial viability of our campus.
the Rose blumkin Jewish Home was completed after three and a half years of construction.
our office continues to be actively involved in the accounting for the project as well as the collection of pledges. out of
$16.9 million raised, less than $2 million remains to be collected. We congratulate Jim farber, president of Jewish social
services; Mike silverman, its executive director; Howard Kooper, the major fundraiser and chairman of the project; and
nancy noddle, chairperson of the Interiors committee. What an outstanding facility for our esteemed elderly population!
thanks to the leadership of Janie Murow, we observed a successful start to our b’nai tzedek teen Philanthropy program,
with 32 omaha teens taking part and learning the importance of philanthropy (see page 13 of this Report).
We witnessed a return to profitability after a significant fall in the previous fiscal year. the overall investment portfolio
increased 7.62%. the chicago Pooled endowment Portfolio, which makes up 70% of our assets, increased by 11.18% in
this fiscal year.
We remain confident that the decision to invest a majority of our foundation funds with the Jewish federation of
Metropolitan chicago is a prudent move. We attend their quarterly finance committee meetings by conference call and
ask their chief Investment officer, David R. brief, cfa, to make a personal presentation each year at one of our board
meetings. We regularly monitor their performance in comparison to other alternative cities that are available to us as part of
the national Jewish federation Investment Program.
as of June 30, 2010, our $39 million dollar investment in the chicago Pooled endowment Portfolio was 6.4% of their
total assets of $612 million. Investing with this large pool of money enables us to diversify into asset classes that would not
be available to us if we had continued to invest singly on our own. this is obviously a major investment for our foundation.
If any of you, our constituents, desire to see chicago’s Investment Program overview, I would be pleased to email or send
you a copy. It is very complete and informative.
besides mentioning our new foundation president, I also want to thank him, as well as steve bloch for continued
leadership, and our entire board of Directors, whose pictures are on the back cover. they are an intelligent, creative group
who, in my twelve years at the foundation, have been supportive of me and my staff, and are always ready to consult and
assist where needed.
I also want to recognize our dedicated staff whose pictures are on page 15. laurie Peatrowsky (11 years with the
foundation), Janet Henthorn (six years), and Mary bort (two years) work diligently and efficiently, enabling me to
concentrate on working face to face with our committed donors.
to close on a sad note, the passing of Phil schrager was a loss to our city. Personally I will miss our one-on-one meetings,
which happened three or four times a year. I would leave those meetings inspired by his passion about the importance
of having a strong Jewish community in omaha where our numbers barely make up one percent of the population.
His Jewish heart was not limited to local needs. I recall his speech several years ago given at his home to kick off the
Israel emergency campaign in response to the Hezbollah attacking northern Israel. It was typical Phil, speaking passionately
about the cause and opening his wallet to make the lead gift, thus setting the example for others.
Phil, you are sorely missed. May you rest in peace.
Marty Ricks
executive Director
Director’s Report
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Balance Sheet
June 30, 2010
AssEts 07/1/09 06/30/10
Beginning Ending Change
*chicago Pooled endowment Porfolio $26,107,975 54.28% $39,337,915 69.94% $13,229,940
RbJH capital Project Receivable 0 0.00% 6,000,000 10.67% 6,000,000
other corporate bonds 1,183,167 2.46% 4,145,752 7.37% 2,962,585
U.s. Government securities 2,306,330 4.80% 1,860,632 3.31% (445,698)
short-term Investments 9,153,091 19.03% 1,220,945 2.17% (7,932,146)
state of Israel bonds 1,393,794 2.90% 1,214,813 2.16% (178,981)
absolute Return-Hedge funds 6,574,200 13.67% 1,169,103 2.08% (5,405,097)
common stocks 978,726 2.03% 895,787 1.60% (82,939)
Real estate 400,000 0.83% 400,000 0.70% 0
Managed Assets
charitable Remainder trusts and life
48,097,283 100.00% 56,244,947 100.00% 8,147,664
Insurance (Under separate Management)
funds Held and Invested for benefit of
federation or Its agencies:
1,921,611 2,124,762 203,151
Jewish federation Reserve funds (2,077,096) (2,623,618) (546,522)
custodial funds (3,751,807) (4,063,080) (311,273)
total Assets $44,189,991 $51,683,011 $7,493,020
FuNd BAlANCEs
Restricted or Designated endowments $25,996,055 58.83% $32,940,287 63.74% $6,944,232
Donor-advised funds 12,850,753 29.08% 13,072,061 25.29% 221,308
Unrestricted endowments 2,887,621 6.53% 3,019,072 5.84% 131,451
charitable Remainder trusts and life
Insurance (Under separate Management) 1,921,611 4.35% 2,124,762 4.11% 203,151
supporting foundations 533,951 1.21% 526,829 1.02% (7,122)
total Fund Balances $44,189,991 100.00% $51,683,011 100.00% $7,493,020
* asset allocation includes: absolute Return – 21.2%; U.s. equity – 19.3%; fixed Income – 16.4%;
non-U.s. equity – 15.9%; Private equity – 13.6%; Real assets – 13.6%
Statement of Support, Revenue, Allocations and Expenses
July 1, 2009 - June 30, 2010
Adjusted Beginning Fund Balances - 07-01-09 $44,189,991
RbJH capital Project Receivable 6,000,000
lifetime Gifts and contributions 3,934,246
Investment Income 3,225,412
beneficiary Income Payments (154,808)
fees (320,188)
Grants and allocations (5,191,642)
Net Change in Fund Balances 7,493,020
Ending Fund Balances - 06-30-10 $51,683,011

Miscellaneous
Expenditures
3%
Foundation Merit
Scholarships & Awards
3%
Scholarships
7%
Other Local Jewish
Organizations
9%
Distributions from Endowment and Custodial Funds
(excluding Distributions $4,110,000 in from distributions Endowment for and the Custodial RBJH Capital FundsProject)
(excluding $4,110,000 (Total Disbursements in distributions - for $2,155,000) the RBJH Capital Project)
(Total Disbursements - $2,155,000)
2009-2010 2009-2010 Fiscal Year Year
Jewish Family Service
2%
Jewish Community Center
& Its Programs
17%
Other Federation Agencies
1%
National/International
Jewish Organizations
1%
Jewish Federation of Omaha
21%
Distributions from Donor-Advised Funds
Local Synagogues
7%
National Secular
Organizations
9%
Rose Blumkin Jewish Home
Capital Project
21%
Local Federation
Agencies
6%
(Total Disbursements: $2,944,000)
Distributions from Donor-Advised Funds
(Total Disbursements: $2,944,000)
2009-2010 Fiscal Year
2009-2010 Fiscal Year
Local Jewish
Organizations
2%
National Jewish
Organizations
2%
Rose Blumkin Jewish Home/
Jewish Senior Outreach
36%
Federation Annual
Campaign
30%
Local Secular
Organizations
23%
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Funds Providing Income for the Annual Budget
of the Jewish Federation and its Agencies
Jewish Federation of Omaha
• bette R. and samuel Alloy endowment
• b’nai Jacob adas Yeshuron synagogue
• b’nai Jacob anshe sholom synagogue
• Roz and Ike Friedman endowment
• arthur and Ruth Goldstein endowment
• Gotsdiner family endowment
• livingston Jewish community center endowment
• Herman and Mary Meyerson fund
• Jule M. and Doris J. Newman endowment
• Phyllis H. and e. Robert Newman endowment
• Morton a. Richards endowment
• Dorothy l. and Max Riekes endowment
• Henry and Dorothy c. Riekes Museum
occupancy endowment
• ted and Dorothy Blacker Rothkop endowment
• Phyllis and Irvin sherman family endowment
• Judith and Gerald simons endowment
• Maxine and Milton simons endowment
• Paul Veret fund
• anna e. and benjamin Wiesman endowment
• ann H. and William H. Wolfson endowment
• free loan fund
• Heritage allocation fund
• Jewish community center endowment
• Jewish education endowment
• Jewish family service endowment
• Jewish federation of omaha
Unrestricted endowment
Rose Blumkin Jewish Home
• sylvan Block endowment
• Mayer and tillie Cohen social and
cultural endowment
• loyal b. and lorene Cohn endowment
• Hazel degen bequest fund
Jewish Senior Outreach
• Chapman/Cherniak/sher fund
• lillian and Phillip Crandell Memorial fund
• Herbert R. and Ruth l. Forbes Memorial fund
“The truth of the matter is: you can
create a great legacy, and inspire
others, by giving it to philanthropic
organizations.”
- Michael BlooMBerg
Marty Ricks pictured with Sheldon (former Executive Director of the Foundation)
and Lorrie Bernstein (both on the right), and Shelia Rosen (front left) in Carlsbad,
California. Sheila’s husband was Jerry Rosen, the first Executive Director of the
Foundation.
• Parsow family endowment
• Isadore H. and Rose K. Weiner trust fund
• eli M. and sara Zalkin endowment
• Rose blumkin Jewish Home endowment
• celia and nathan Grossman endowment
• Dr. Isaac and betty sternhill endowment
• community seniors endowment

Funds Providing Income for Designated Purposes
(for Scholarships, Books, Equipment, Israel Trips and a Wide Array of Programs and Projects)
for the Jewish Federation and its Agencies
Jewish Federation of Omaha
• Milton R. and Pauline s. Abrahams endowment
• Ruth Frisch and oscar s. Belzer endowment
• Robert Eisenberg endowment
• bruce Fellman Memorial Young leadership
award endowment
• Jfo Friedland steiner Boggust endowment
• arthur H. and Ruth M. Goldstein family endowment
• Paul and edith Goldstein family endowment
• Robert and ellen Gordman Jewish teen
leadership fund
• Morton Ives Unrestricted endowment
• Marilyn t. Kaplan fund
• sadie and Harry Kulakofsky Memorial fund
• Robert I. Kully endowment
Jewish Community Center
• al Clayman Memorial endowment
• Friedland family Jcc campus
Maintenance endowment
• Myron (Mike) Milder II Memorial fund
• bettie and stuart Muskin Jcc Youth sports fund
• ernie and adalynn Nogg Memorial endowment
• Dr. Jay Parsow Youth basketball scholarship fund
• Johnny Rosenblatt Memorial student
athlete endowment
B’nai B’rith Youth Organization
• Dr. abe Greenberg/b’nai b’rith/Henry Monsky lodge endowment
• Gary Javitch family endowment
• b’nai b’rith Youth organization Program Resource fund
• omaha b’nai b’rith Youth organization endowment
Pennie Z. Davis Child Development Center
• Pennie Z. davis cDc staff education fund
• eileen s. Erman child Development center fund
• arthur and Ruth Goldstein family endowment
• Phil and Marian Kutler endowment
• Robert M. Nelson scholarship fund*
• suzanne Richards singer endowment
• Harold s. tuchman family endowment
• allen and Monie Zalkin Memorial fund
• Jcc child Development center endowment
*future endowment fund
• edith and nathan Meltzer Memorial endowment
• Gertrude t. and albert b. Newman endowment
• Morton a. Richards endowment
• Morton a. Richards Youth endowment
• Henry and Dorothy Riekes endowment
• samuel and bess Rothenberg Memorial endowment
• lois Jeanne schrager Memorial fund
• lorraine silverman annual campaign endowment
• I. M. and selma tretiak endowment
• Kenneth Ray tretiak Memorial fund
• lay seminar fund
• Youth foundation fund
• Jack saferstein Memorial fund
• ann Woskoff schulman Memorial fund
• trachtenbarg family endowment
• Jcc Program scholarship endowment
• Jcc theatre Program endowment
Ellen Platt with Josie and Rosie helping Jewish Family Service for
Project Tzedakah, Passover 2010.
“How wonderful it is that no one
need wait a single moment to start
to improve the world.”
- anne Frank
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Kripke Jewish Federation Library
• Dr. Morris and Dale Deborah Brodkey Memorial endowment
• lt. Irving Cohen Memorial endowment
• shirley and leonard Goldstein endowment
• Dorothy K. Kripke children’s book fund
• Rabbi Myer s. and Dorothy K. Kripke library endowment
• elinor a. Whitman Memorial book appreciation fund
• Dora Wolfson Memorial library endowment
Jewish Senior Outreach
• Merriam and Harold Cooperman senior services fund
• sol Kutler Dental fund
• lippett family endowment
• l.o.V.e. fund
Rose Blumkin Jewish Home
• sheldon a. and lorrie Bernstein endowment
• Rose Blumkin fund
• David and Helen Brodkey endowment for RbJH
• Jacob and lillian Brookstein endowment
• Dr. abraham D. and liberty J. Faier Memorial
endowment
• Max and betty Falk Rose blumkin Jewish
Home endowment
• esther Fox Memorial fund
• carl l. Frohm Repair endowment
• Julius Froom and Phil and Minnie Freeman
Restricted endowment fund
• Deborah and arthur M. Greene endowment
• fred and Ruth Hahn endowment
• adele Hornstein Rose blumkin Home Professional
staff education fund
• David Katzman endowment
• betty a. studna and seymour t. lee endowment
Jewish Family Service
• Paul Alperson endowment
• steven Bloch President’s fund
• Pennie Z. davis family life education fund
• nathan and Rose lillian Fine Jfs/tzedakah endowment
• Ike Friedman Jfs financial assistance fund
• louis Friedman new american fund
• Glazer family endowment
• edith and Paul Goldstein endowment
• Paul and Joy Grossman family endowment
• Harris family endowment
• Richard “Pete” lee Memorial endowment
• Ruth and otmar liebenstein Jfs
financial assistance endowment
Omahans Taylor Workman, Salo Cemaj and Daniel Grossman worked
as camp counselors in the Western Galilee through the Partnership
with Israel Kefiadah program.
• bettie and stuart Muskin Jss endowment
• al and Vivian Oruch Memorial fund
• Ruth Riekes Richards Memorial fund
• ervin and Miriam simon endowment
• Harriett lobel endowment
• chester and Phyllis lustgarten endowment
• betty Marx activities endowment
• Dan Miller endowment
• David s. Rice and esther Zorinsky Rice endowment
for RbJH
• charlotte V. and eugene D. Rich endowment
• samuel and bess Rothenberg transportation fund
• Rosalie and Milton saylan endowment
• Jack J. and sonia schrager endowment
• Helen and David shukert l.o.V.e. scholarship fund
• norma and stanley silverman endowment
• Marion and Dave Wine endowment
• Janet Wintroub sing-a-long fund
• sara Rose Woskoff arts and crafts Resource fund
• RbJH capital Project fund
• Jerome J. and frances o. Milder endowment
• Parsow and simons families special needs
community fund
• Pitlor family transplant support endowment
• Ruth and bernard Raskin endowment
• leo and frances Rodick Memorial endowment
• Rosalie and Milton saylan endowment for Jfs
• Harry and fannie stock Rothkop/theodore Rothkop
endowment
• Mark and sophie sturm Immigrant education fund
• Jake and Mary Wine fund
• needy funeral fund
• Yachad endowment

Funds Providing Income for Designated Purposes
(for Scholarships, Books, Equipment, Israel Trips and a Wide Array of Programs and Projects)
for the Jewish Federation and its Agencies
Friedel Jewish Academy
• ann Faier Fisher and bernard Fisher Memorial fund
• nathan and Rose lillian Fine endowed teacher
of the friedel Jewish academy
• Friedel family endowment
• eli and Rose schupack library endowment
Jewish Federation of Omaha Foundation
• David and Helen Brodkey endowment for the foundation
• Yale Richards Professional education endowment
Center for Jewish Education
• lenore simon Aronson educational fund
• David e. Beber scholarship fund
• Dr. bruce s. Bloom Memorial endowment
• truman and Rosemary Clare scholarship endowment
• Henry a. davis custodial fund
• leo and aileen Eisenstatt scholarship fund
• barry e. Epstein Memorial Healthcare fund
• J.W.V. Epstein – Morgan Post #260 – nathan Marcus
Memorial scholarship fund
• Max and betty Falk Jewish education endowment
• sandra l. Feldman Memorial scholarship fund
• nathan and Rose lillian Fine fund for the education
of students of the Jewish faith
• alan and annie Fleishman scholarship fund
• David W. and Minnie Frank Memorial
scholarship fund
• Rebecca Friedman scholarship fund
• carl Frohm educational custodial fund
• leonard and shirley Goldstein family endowment
• Herbert Goldsten scholarship fund
• samuel and Delma Goodman Youth fund
• Dr. abe Greenberg/b’nai b’rith/Henry Monsky
lodge endowment
• nancy and Don Greenberg scholarship fund
• Harris family endowment
• ellen Canar Joseph Memorial endowment
• samuel and Ida Kaiman endowment
• ben e. Kaslow scholarship fund
• David Katzman endowment
• Maxine and Joe Kirshenbaum scholarship fund
• Philip M. and ethel Klutznick Program for
studies in Jewish civilization fund
Kim Goldberg with Friedel Jewish Academy Art Class
• Ruth somberg Krantz fund
• livingston scholarship fund
• betty Margel scholarship endowment
• Miller family film fund
• albert M. and Jeanette t. Nepomnick
educational fund
• carolyn Kully Newman Memorial fund
• esther K. Newman Youth Memorial fund
• Gertrude t. and albert b. Newman endowment
• David s. Rice and esther Zorinsky Rice endowment
• Joe M. and Ruth e. Rice scholarship fund
• Dorothy lustgarten Riekes childrens’ cultural
arts endowment
• burton l. Robinson student athlete scholarship fund
• Jerold I. and sheila e. Rosen endowment
• lois Jeanne schrager Memorial fund
• Phillip and terri schrager supporting foundation
• nate H. and beatrice sherman scholarship fund
• Ruth sokolof Memorial scholarship fund
• lillian Keiser stoms educational fund
• David Keiser and lillian Keiser stoms foundation
education endowment
• David Keiser and lillian Keiser stoms foundation
education endowment for academic excellence
• ann H. and William H. Wolfson endowment
• edward Zorinsky endowment
• bar/bat Mitzvah Grants
• cornerstones fund
• Gift of Israel Program fund
• Israel Youth trip scholarship fund
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Supporting Foundations and Special Grants Committees
• shirley and leonard Goldstein supporting foundation
• bennett G. Hornstein endowment fund
• Karen sokolof Javitch Music fund
• Heartland Holocaust educational fund
(sam and frances Fried)
• carolyn Kully Newman Memorial fund
• c.M. “nick” Newman bequest fund
• Joel Alperson Pace fund
• norman b. and frances P. Batt Pace fund
• steven and carol Bloch Pace/loJe fund
• leo and aileen Eisenstatt Pace/loJe fund
• barbara Epstein Pace/loJe fund
• Robert Epstein Pace fund
• Roz Friedman and susan Friedman Cohn loJe fund
• thama lee Friedman Pace fund
• ned n. and Pearl R. Giventer endowment
• Jan Goldstein Pomegranate fund
Nebraska Jewish Historical Society
• bob Belgrade nJHs endowment
• Gerald and Pearl Osoff Gross endowment
• David and Rose Katzman endowment
• Henry and Dorothy c. Riekes
Museum Maintenance endowment
Other
• esther K. Newman Youth Memorial fund
• Murray H. and sharee c. Newman
supporting foundation
• Phillip and terri schrager supporting foundation
• lazier l. singer Memorial fund for Youth
• Phil and Ruth sokolof Honor Roll fund
Perpetual Annual Campaign Endowment (PACE)/Lion of Judah Endowment (LOJE)
• leonard and shirley Goldstein Pace/loJe
• forrest n. Krutter Pace fund
• bettie and stuart Muskin Pace fund
• e. Robert and Phyllis H. Newman Pace fund
• Murray H. & sharee c. Newman Pace/loJe
• Jay and Kim Noddle Pace fund
• steven and Patty Nogg Pace fund
• Maurice and Joan udes Pace fund
• norman and Joodi Veitzer fund
• Mickey and George shafer endowment
fund for nJHs
• Marlene W. Hechtman and Martin M. staenberg
family nJHs oral History Project endowment
• nJHs – 5th commandment sustaining fund
• nebraska Jewish Historical society custodial fund
• livingston Plaza custodial fund • Yale Richards Memorial endowment
In Memory of Our Foundation Donors
Who Passed Away in 2009-2010
• samuel alloy
Bette R. & Samuel Alloy Endowment Fund
• bess brodkey
Dr. Morris Brodkey and Dale Deborah Brodkey
Memorial Fund
• truman clare
Truman & Rosemary Clare Scholarship
Endowment Fund
• thama lee friedman
Thama Lee Friedman PACE Fund
• leonard lewis
Jake and Mary Wine Fund
• Phillip schrager
Lois Jeanne Schrager Memorial Fund
Phillip & Terri Schrager Supporting Foundation
• Harry schulman
Ann Woskoff Schulman Memorial Fund
• Miriam simon
Ervin and Miriam Simon Endowment Fund
• Isidore & selma tretiak
I.M. and Selma Tretiak Endowment Fund
Kenneth Ray Tretiak Memorial Fund
• ernest Wintroub
Janet Wintroub Sing-A-Long Fund

Perpetual Annual Campaign Endowments and
Lion of Judah Endowments
Insuring the Future of the Omaha Jewish Community
Perpetual Annual Campaign Endowment
a Perpetual annual campaign endowment (Pace) is a permanent fund dedicated to endowing the Jewish
federation of omaha annual campaign gift. a Pace fund is not intended to take the place of any part of
an annual gift – it is instead a lasting legacy that will continue to make an annual gift to the campaign in
perpetuity on your behalf. You may create your Pace fund through a variety of vehicles, some of which
provide your estate with considerable tax benefits without the requirement that you contribute during your
lifetime. these options allow you to perpetuate your commitment to the annual fund campaign in a way
that best achieves your own personal financial and estate planning goals.
PACE Donors:
Joel alperson
norman and frances batt
steven bloch
leo eisenstatt
Robert epstein
Jan Goldstein
leonard Goldstein
forrest n. Krutter
bettie and stuart Muskin
e. Robert and Phyllis newman
Murray newman
Jay and Kim noddle
Annual Campaign Endowment (Term of Years) Donor:
Phil sokolof
2010 Omaha JCC Maccabi Games Day of Caring and Sharing. Over 1,000
Jewish athletes visited the Nebraska Holocaust Memorial for a meaningful
tribute and ceremony.
LOJE Donors:
carol bloch
susan cohn
aileen eisenstatt
barbara (“bobbie”) epstein
Roz friedman
thama lee friedman
Pearl Richman Giventer
steven nogg
carl Riekes
Henry Riekes
Phillip schrager
Maurice and Joan Udes
norman Veitzer
The Lion of Judah Endowment
establishing a lion of Judah endowment (loJe) allows a
woman to endow her gift in perpetuity. through simple,
innovative steps, an endowed gift is within the reach of a lion
of Judah, regardless of her age or giving level. the strength
and vitality of women’s giving continues through the loJe
- - enabling women to leave a legacy to help create social
justice, heal the sick, preserve human dignity and provide
Jewish education and Jewish growth for all.
shirley Goldstein
sharee newman
Patty nogg
Dorothy (Mrs. Henry) Riekes
Zoë Riekes
terri schrager
Joodi Veitzer
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12
Leaving A Legacy
Tribute to Nathan and Rose L. Fine
It is with gratitude that the foundation recognizes the late
Rose lillian fine. Rose, who passed away in 2009, arranged
for a series of donations and endowment funds to benefit Jewish
organizations and omaha’s Jewish community. the decision
to establish these funds was made jointly with her husband,
nathan, who died many years ago. It was Rose’s desire that the
majority of her estate was to go to charity, primarily benefitting
Jewish families and children in need. she was pleased that
she and nathan were leaving a legacy, including the three
foundation endowments established in their names.
the Nathan and Rose lillian Fine Fund for the
Education of students of the Jewish Faith is a new
foundation endowment that provides undergraduate and graduate
tuition grants to further the education of students of the Jewish faith who are in need of financial assistance,
who qualify scholastically and who are residents of the omaha metropolitan area. Preference is given to
students who are interested in becoming Jewish communal professionals, such as rabbis, cantors, Jewish
educators, or Jewish social or communal workers.
Rose’s legacy also includes the Nathan and Rose lillian Fine Jewish Family service/tzedakah
Endowment Fund. this fund is used to provide food, medication, and other necessities for financially
needy Jewish families, as determined by Jewish family service.
the third foundation endowment that Rose established is the Nathan and Rose lillian Fine Endowed
teacher of the Friedel Jewish Academy. the endowment partially supports the salary and benefits of one
full-time teacher at friedel, as well as support the educational purposes of the school.
Charitable Remainder Trusts:
shirley and leonard Goldstein
arthur Grossman
Morton a. Ives
stanford lipsey
leo I. and Helen P. Meyerson
charles a. and lyra ann Monasee
Jule M. newman (three funds)
Murray H. newman
Morton Richards charitable trust #2
Henry and Dorothy Riekes
Jeanne lipsey Rosenblum
Gifts that Mature in the Future
Charitable Gift Annuities:
sheldon bernstein
Harriett and sherman sperling
Life Insurance Policies (other than those
included in PACE and LOJE funds):
leo I. Meyerson

B’nai Tzedek Teen Philanthropy Program
the b’nai tzedek teen Philanthropy Program was established in
2009 to provide omaha teens with an opportunity to give tzedakah and
deepen their commitment to engaging in Jewish philanthropic activities.
founded by the Harold Grinspoon foundation, b’nai tzedek teen
programs exist in more than 40 locations across the U.s. and canada. In
omaha, teens establish their funds with the foundation by contributing
$125 from their bar/bat Mitzvah gifts. the foundation then contributes
$375 in order to create a $500 donor-advised fund in each teen’s name. at
the end of the school year, the teens allocate a percentage of the account
balance to up to two charities of his or her choice. at least one of the
charities must be a Jewish organization.
this year, 32 of the teens who established teen tzedakah accounts
with the foundation selected a wide variety of charities to receive
donations from their individual accounts. teens contributed 44% of their
dollars to Jewish federation of omaha agencies and local synagogues.
40% of the donations were made to other national and international
Jewish non-profits.
throughout the year, a number of hands-on educational programs
were held for omaha’s Jewish teens. on average, over 70 teens attended
each program. the programs aimed to provide leadership skills, teach
about charities and build an understanding about philanthropy. this year,
the teens collected canned goods for the Jewish family service Pantry,
visited Quality living Institute (a non-profit organization in omaha),
participated in a scavenger hunt to become acquainted with all of the
agencies of the Jewish federation of omaha, and met the founder and
ceo of JDub Records (a non-profit organization dedicated to innovative
Jewish music and culture), among other activities.
Aaron Bisman, the founder and CEO of JDub Records, a non-profit organization,
met and spoke with the teens regarding his organization.
Hannah Perry, Julia Edelstein, Naomi Zipursky playing cards with
Quality Living Institute residents.
“We are very pleased with the
success of B’nai Tzedek’s
first year of programming.
The allocations process was
meaningful and thoughtful.
Together 54 checks were written
from 32 funds for a total of $1,900.
The teens donated to Jewish
Federation of Omaha agencies
and to Jewish non-profits that
benefitted Israel, Hungary as
well as the U.S.”
-Janie Murow
Janie Murow
program Director
(402) 334-6566
jmurow@jewishomaha.org
13

14
Creating a Legacy
The Foundation offers a number of services
to the Omaha donor community.
Donor-Advised Fund
a separate fund created by a donor (or family) at the
foundation. the donor signs a simple letter agreement and
contributes funds to the foundation. the contribution is
immediately tax deductible. the donor may then advise the
foundation regarding donations which the donor would like
to make from the account. the foundation then makes the
donation in the name of the specific donor-advised fund.
the foundation invests the funds, makes the donations, keeps
the records, reports to the donor and otherwise administers
the fund. Donations can be made to any charitable entity,
including those outside the Jewish community, and anywhere
in the world.
Unrestricted Endowment Fund
a separate endowment created by a donor (or family) at the
foundation, the income of which can be used by the federation
and its agencies for all purposes. the donor signs a simple
letter endowment agreement and contributes funds to the
foundation. the contribution is immediately tax deductible.
the funds are invested by the foundation. Disbursements are
made automatically by the foundation to the federation for its
unrestricted general use.
Restricted Endowment Fund
a separate endowment created by a donor at the foundation,
the income of which can be used by the federation only for
designated purposes or agencies (such as the blumkin Home,
Jewish family service, Kripke library, scholarships). the
donor signs a simple letter endowment agreement (setting
forth the endowment instructions) and contributes funds to the
foundation. the contribution is immediately tax deductible.
the funds are invested by the foundation. Disbursements
are made periodically to the designated agencies or for the
designated purposes upon application to the foundation
consistent with the endowment instructions.
Charitable Remainder Trust
a separate trust created by a donor generally providing for
lifetime income to such donor (and/or spouse), with remainder
interests to the federation and/or certain agencies specified by
the donor. a determined percentage of the funds contributed to
the trust are tax deductible. a corporate trustee holds, invests
and distributes the funds during the life of the donor. after the
donor’s (or spouse’s) passing, the trust assets are distributed as
directed by the donor in the governing trust document.
“The value of a man resides in what
he gives and not what he is capable
of receiving.”
- alBert einstein
Supporting Foundation
Lorraine Reiss and Sylvia Swartz at the
Blumkin Home River City Roundup event.
a separate legal entity (with a separate board) created by
a donor or family, which entity enters into a relationship
with the foundation whereby the foundation manages
and invests such entity’s funds, administers operations
and makes disbursements as directed from time to time
by the supporting foundation board.
PACE/LOJE Fund
a separate endowment created by a donor at the
foundation, the income and/or principal of which is
to be used to fund future contributions to the omaha
Jewish federation annual campaigns. the endowment
need not be funded at inception. Instead, a provision in
the donor’s will, trust agreement, life insurance policy,
IRa account or other deferred account will cause the
endowment to be funded on the donor’s passing. the
real, after-tax cost of establishing such an endowment
upon passing in most cases will be modest in relation to
the significant ongoing benefit to the federation and our
community.

Donor Services
the Jewish federation of omaha foundation adds value to
its donors’ ability to be philanthropic in several important
ways: its knowledge of the omaha Jewish community and
its needs; its expertise in managing investments and working
with donors’ professional advisors; its choice of options to
best respond to a donor’s needs, assets and personal situation;
its partnership with donors to leverage resources to achieve
maximum benefits for the donor and for the community;
and its enduring ability to assure that a donor’s philanthropic
intentions are fulfilled even when the donor is no longer
personally able to do so. the foundation can:
• Assist families with developing an intergenerational
philanthropy mission
• Provide professionally administered donor-advised
fund program
• Offer complete administration of supporting foundations
• Administer and facilitate grants committees
• teach younger generations about the importance
of philanthropy
• Assist Jewish Federation agencies and affiliates
with fundraising projects
• Provide access to additional research through the
Jewish Federations of North America Planned Giving
and Endowment office in New York
Please feel free to contact the Foundation with any questions:
Marty Ricks
executive Director
(402) 334-6440
mricks@jewishomaha.org
Janet Henthorn
endowment Associate
(402) 334-6551
jhenthorn@jewishomaha.org
Laurie Peatrowsky
endowment Associate
(402) 334-6439
lpeatrowsky@jewishomaha.org
We hope you enjoy the
2010 Annual Report of
the Jewish Federation
of Omaha Foundation.
If you would like additional information
on how you can join the Foundation
family and create a legacy for our
community, please contact us at:
phone: 402-334-6440
fax: 402-334-6765
www.jfofoundation.org
Mary Bort
Staff Writer/Secretary
(402) 334-6459
mbort@jewishomaha.org
15

Board of Directors
Jay noddle
President
Donald Goldstein
Secretary
Andrew Robinson
Treasurer
paul epstein
Michael M. erman Jordana M. Glazer Myron Kaplan
Joseph Kirshenbaum Jody Malashock
Ex-officio
Ex-officio
Allan Murow
Murray H. newman
Carl Riekes larry e. Roffman, M.D. Harley D. Schrager
ted M. Seldin Frederick J. Simon Suzanne Richards Singer norman Veitzer
Our Mission
The mission of the Jewish Federation of Omaha
Foundation is to help assure the stability and continuity
of Jewish life and to support communal services in the
Omaha area by establishing and accumulating enduring
assets for permanent funding resources.
Steven Bloch
333 South 132nd Street
Omaha, NE 68154
phone 402-334-6440 fax 402-334-6765
www.jfofoundation.org