Jewish Community Foundation-Managed Endowments On the Rise
Jewish community foundation-managed endowments increased 7.6 percent in 2012 over the previous year, a new survey found. The Jewish Federations of North America annual survey of endowment development released last week showed federation endowments distributed $1.4 billion in 2012 to Jewish and secular organizations locally, nationally and internationally. Endowment assets grew in 2012 to $14.3…