Jewish Federation of Greater Vancouver
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
B
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:
Since its start in 1987, the Jewish Federation of Greater Vancouver (JFGV) serves the Jewish community locally and extends support to Jewish communities abroad. It is one of 12 regional organizations across Canada that is a member of the Jewish Federations of Canada. JFGV also provides relief to crises in Israel by working with The Centre for Israel and Jewish Affairs.
To date, JFGV has raised more than $140 million. The main source of its funding is the Federation Annual Campaign. Funds and grants raised from this campaign go to partner agencies to deliver programs and services to the community. JFGV’s local partners include food banks, schools and community centres. The programs are directed towards the poor, youth and seniors to bring the community together. Recent reports by JFGV show that youth feel isolated from the Jewish community and that seniors will double in population by 2030.
JFGV has a community consultation process to reassess the community’s needs. Based on these studies, the Planning Council now includes more youth and has increased funding towards education. Newer projects also include a Jewish Addiction Services program.
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Finances
Jewish Federation of Greater Vancouver is a large charity which received donations of $11.9m in F2015. Administrative costs are 3% of total revenues and fundraising costs are 14% of total donations. Total overhead costs come to 17%, falling within Ci’s reasonable range. JFGV has funding reserves of $53m that can cover its annual program costs for 5 years.
This charity report is an update that is being reviewed by Jewish Federation of Greater Vancouver. Changes and edits may be forthcoming.
Updated on June 1st, 2016 by Mirza Ali Shakir.
Financial Review
Fiscal year ending March
|
2015 | 2014 | 2013 |
|---|---|---|---|
| Administrative costs as % of revenues | 2.8% | 2.3% | 2.7% |
| Fundraising costs as % of donations | 13.8% | 11.5% | 12.9% |
| Program cost coverage (%) | 502.2% | 472.6% | 390.7% |
Summary Financial StatementsAll figures in $000s |
2015 | 2014 | 2013 |
|---|---|---|---|
| Donations | 11,908 | 15,522 | 13,424 |
| Investment income | 4,715 | 5,098 | 3,303 |
| Other income | 65 | 85 | 140 |
| Total revenues | 16,688 | 20,705 | 16,868 |
| Program costs - International | 2,691 | 2,396 | 2,187 |
| Program costs - Canada | 5,861 | 6,313 | 5,902 |
| Grants | 2,066 | 1,616 | 2,363 |
| Administrative costs | 340 | 356 | 361 |
| Fundraising costs | 1,638 | 1,777 | 1,733 |
| Other costs | 80 | 40 | 86 |
| Cash flow from operations | 4,012 | 8,206 | 4,235 |
| Funding reserves | 53,318 | 48,793 | 40,839 |
Note: Ci has shifted amortization from administrative costs and fundraising costs to report amortization as a separate non-cash expense.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
1 |
$160k - $200k |
0 |
$120k - $160k |
2 |
$80k - $120k |
4 |
$40k - $80k |
3 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2015
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Comments & Contact
Comments added by the Charity:
Charity Contact
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