Jewish Federation of Winnipeg
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✖
FINANCIAL TRANSPARENCY
Audited financial statements available only through official request for information from Charities Directorate.
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.
72%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 72 cents are available for programs.
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Programs
About Jewish Federation of Winnipeg:
Established in 1938, Jewish Federation of Winnipeg (JFW) is a public foundation created to operate as the representative body of the Winnipeg Jewish Community. JFW acts on behalf of the Jewish community and supports the State of Israel and “Klal Yisrael”. It works according to Jewish values, to maintain a strong and united Jewish community in order to provide culture, religious practice, survival and welfare of Jewish life.
JFW allocates grants through five different departments: Jewish Engagement, Israel and Overseas, Community Relations, Community Planning, Next Generation, and GrowWinnipeg. It has established an endowment fund known as the Leave More Than Memories Endowment Fund which is administered by the Jewish Foundation of Manitoba. GrowWinnipeg is an initiative that provides eligible applicants with a letter of support, enabling them to apply for immigration under the Strategic Recruitment Initiatives. In F2016, this program helped 479 Jewish people move to Winnipeg.
JFW allocates grants to 12 local agencies and 7 national and overseas partners. The 4 largest grants made up 57% of total grants in F2015. Of $4.3m in total grants, $1.0m was allocated to the Winnipeg Board of Jewish Education, $786k to Jewish Child and Family Services, $505k to Rady Jewish Community Centre, and $105k to Gwen Sector Creative Living Centre. In addition to this, $525k (12% of total grants) was sent to organizations overseas.
In F2016, the Jewish Federation of Winnipeg funded 55 individuals to participate in Birthright. In F2015, 2 individuals participated in a pilot Birthright program for young adults with disabilities. This new program will continue to plan trips every two years.
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Finances
Jewish Federation of Winnipeg is big-cap charity with $5.5m in donations in F2015. Administrative costs were 18% of revenues and fundraising costs were 10% of donations. For every $1 donated, 72 cents went to the cause. This falls within Charity Intelligence’s reasonable range for overhead spending. Funding reserves of $2.5m can cover 7 months (59%) of the charity’s annual grants.
This charity report is an update that has been sent for review to Jewish Federation of Winnipeg. Changes and edits may be forthcoming.
Updated July 6, 2017 by Juliana Badovinac.
Financial Review
Fiscal year ending August
|
2015 | 2014 | 2013 |
|---|---|---|---|
| Administrative costs as % of revenues | 17.6% | 15.4% | 16.9% |
| Fundraising costs as % of donations | 10.0% | 10.5% | 11.1% |
| Program cost coverage (%) | 59.0% | 61.2% | 64.9% |
Summary Financial StatementsAll figures in $000s |
2015 | 2014 | 2013 |
|---|---|---|---|
| Donations | 5,519 | 5,819 | 5,399 |
| Investment income | 161 | 153 | 154 |
| Total revenues | 5,681 | 5,972 | 5,554 |
| Grants | 4,268 | 4,421 | 4,168 |
| Administrative costs | 971 | 897 | 914 |
| Fundraising costs | 550 | 612 | 597 |
| Cash flow from operations | (108) | 41 | (125) |
| Funding reserves | 2,517 | 2,704 | 2,704 |
Note: Ci backed out amortization from administrative costs, decreasing administrative costs by $11k in F2015, F2014 and F2013. Ci did not include bad debts, affecting revenues by $13k in F2014 and $12k in F2013. Donations were adjusted by year-over-year changes in pledges receivable to report donations on a cash basis. This affected donations by ($831k) in F2015, ($693k) in F2014, and ($715k) in F2013.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
1 |
$80k - $120k |
2 |
$40k - $80k |
6 |
< $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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