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.
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
Fiscal year ending March
|
2019 | 2018 | 2017 |
|---|---|---|---|
| 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 StatementsAll figures in $000s |
2019 | 2018 | 2017 |
|---|---|---|---|
| Donations | 14,669 | 21,996 | 12,110 |
| Special events | 134 | 366 | 168 |
| Investment income | 3,721 | 2,498 | 3,999 |
| Total revenues | 18,524 | 24,860 | 16,277 |
| Program costs | 1,738 | 1,402 | 1,068 |
| Grants | 11,011 | 10,367 | 9,174 |
| Administrative costs | 456 | 501 | 420 |
| Fundraising costs | 2,074 | 1,716 | 1,794 |
| Total spending | 15,278 | 13,987 | 12,456 |
| Cash flow from operations | 3,245 | 10,873 | 3,821 |
| Capital spending | 35 | 35 | 26 |
| Funding reserves | 72,513 | 69,353 | 57,675 |
Note: Ci has removed amortization from administrative costs and fundraising costs to report amortization as a separate non-cash expense.
Salary Information
$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
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: (604)257-5100