It is not what one says, but rather what one does, that makes all the difference in the world.

About the JCFNM

Mission

The mission of the Jewish Community Foundation of New Mexico is to build and perpetuate support for a vibrant, caring Jewish community through partnerships with donors and organizations.

The Foundation strives to:

  • identify and help address evolving community needs
  • educate about the power and joy of philanthropy
  • inspire donors to match their values with their valuables to affect the community now and in the future.

History

The Jewish Community Endowment Foundation of New Mexico (JCEF) was founded in 1997, as a division of the Jewish Federation of New Mexico, to develop long-term financial support for the Jewish community. JCEF introduced the endowment Book of Life in 2005 to encourage community members to create their Jewish legacy. In 2013, the boards of directors of the Jewish Federation and the JCEF determined that creating an "independent" Jewish Community Foundation with a broader reach and dedicated focus would benefit the future of our community. The Jewish Community Foundation of New Mexico was incorporated as a nonprofit in November, 2013. The Foundation received its 501(c)(3) designation from the IRS in August, 2014.

Read more on the Book of Life under Create Your Legacy.

Board of Directors

The Foundation is managed by a Board of Directors. The board is comprised of Directors serving in their individual capacities and Organization Directors representing any nonprofit congregation, agency or organization operated with or for the benefit of the Jewish community in New Mexico.

Officers and Directors (2014)

Chair: Vivian Skadron
Vice-Chair: Howard Friedman, CLU
Secretary: George Skadron
Treasurer: Steve Margulin, CPA, CFP
Grace Allison, JD
Paula Blacher, CFA
Mimi Efroymson
Andrew Gans, MPH
Art Gardenswartz
Alice Haddix, MA
Jennie Negin
Tom Ruby
Ron Segel

Jewish organizations may nominate a representative to serve as Director on the Foundation board.

Congregation AlbertArt Hayden
Congregation B'nai IsraelTerry Lee Heller
Jewish Federation of New MexicoSabra Minkus
Hillel at UNMTBD
Jewish Academy of Arts & SciencesTBD
Jewish Community Center of Greater AlbuquerqueTalia Freedman, Realtor
New Mexico Jewish Historical SocietyStuart Simon
New Mexico Holocaust & Intolerance MuseumTBD

Staff support is provided by Executive Director Erika Rimson, assisted by Sherry Roy, Office Administrator.

Financial Information

The Foundation has 28 funds totaling $2.4 million in assets under management as of 7/31/14. Our assets, pooled with the Jewish Community Foundation of Southern Arizona's (Tucson) $60 million in assets, are managed by SEI. Tucson provides us with recordkeeping, reporting and strategic guidance. The chair of the Foundation's Finance & Investment Committee is a member of Tucson's Investment Committee.

As of 7/31/2014, asset allocation for our investment pool is 54% Equity, 29% Fixed Income and 17% Alternatives and Other.

Total Portfolio Returns: YTD 7/31/14 is 4.4% (Net). 12 months ending 7/31/14 is 12.0% (Net).

To Read More on fund management and quarterly investment returns, click here to visit the Jewish Community Foundation of Southern Arizona.