Making a Solid Investment to Secure Our Future


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.

For more information, contact Carmen Ezaoui, Vice President of Investments at cezaoui@associated.org or call 410-369-9272.

Investment Management Committee
Kim Golden-JCIF Chair
Ira Malis
Ron Attman
Jerel Brager
Howard Cohen
David Derman-3rd Committee Chair
Michael Glick
David Greenberg
Ned Halle
Dan Hirschhorn
Jacob Hodes-4th Committee Chair
Skip Klein
Traci Lerner
P.J. Pearlstone
Brian Penn-1st Committee Chair
Frank Rosenberg-5th Committee Chair
Pete Sachs
Louis Thalheimer
Max Thanhouser-2nd Committee Chair
Steve Kessler