We maintain our investments through our business arm, the Associated Jewish Charities, and manage the Jewish Community Investment Fund (JCIF). The JCIF is a commingled investment fund comprised of Associated endowments, foundations and donor-advised funds, as well as investments of numerous organizations and foundations.

The JCIF is managed by our Investment Management Committee, a team of 25 volunteer leaders with extensive investment expertise. Led by Ira Malis and aided by an executive committee and four sub-committees, the Committee is responsible for review and oversight. Day-to-day operations are handled by our professional staff and aided by investment advisor, Fund Evaluation Group, and custodian, Wilmington Trust. The JCIF is audited annually by RSM US LLC.

Jewish Community Investment Fund Quarterly Report

For more information, contact Michael Dye, Vice President – Investments at mdye@associated.org 
or call 410-369-9213.

IMC Members

Kim Golden, Chair
Ira Malis, Vice Chair, IOC Chair
Josh Fidler, AJC President
David Citron
Howard Cohen
Anna Dreyer, Chair – 3rd
Ira Gansler
Jill Gansler
Michael Glick, Vice Chair – 4th
Jay Gouline
David Greenberg
Ned Halle, Chair 2nd
Fritzi Hallock
Dan Hirschhorn
Bruce Hoffberger
Jacob Hodes, Chair – 4th
Skip Klein
Traci Lerner
Larry Macks
P.J. Pearlstone, Vice Chair – 3rd
Brian Penn, Chair – First
Frank Rosenberg
Pete Sachs, Chair- Audit
Max Thanhouser, Vice Chair, IOC
Louis Thalheimer