GF_AR_BOOK

AUGUST 2019

OVERVIEW OF ORGANIZATION In the Spirit of Tikun Olam (Repair the World), The Morris and Rosalind Goodman Family Foundation mission is to invest in initiatives which will promote thought leadership and strengthen communities in North America and in Israel. 2

OVERVIEW OF ORGANIZATION Innovative informal Jewish and Israel engagement initiatives. Innovative programs targeting STEAM. The Morris and Rosalind Promoting Leading to our Improving Goodman Family Foundation public health ultimate goal of formal and triggers the pathway of change an enriched and experiential via its philanthropic investments strong civil society education and financial support in: in North America Applied research. and Israel Strengthening not for profit organizations Strengthening through best practices. Investing in volunteer public engagement, and professional development. thought leadership & innovation 3

FOUNDATION VALUES COMMUNITY Feeling a meaningful connection to a group of people FAMILY Taking care and spending time with loved ones INNOVATION Finding new and creative ways of doing things LEADERSHIP Guiding people and projects: setting the pace RESPONSIBILITY Voluntarily doing what is expected of you 4

FOUNDATION VALUES Continous Partnership and Outcome Learning Collaboration Oriented Integrity GUIDING Intentional, and PRINCIPLES Strategic and Impactful Excellence 5

OVERVIEW OF MAJOR OUTPUTS APPROVED ONE-TIME 76% 68% TOTAL DECLINED CORE MULTI-YEAR REQUESTS REQUESTS GRANT 20% 12% PENDING ANNUAL COMMITMENT 4% 20% 6

FUNDING DASHBOARDS Comparative % of $ allocated by Area of Focus Comparative % of $ allocated by Geographical Area 50% 38% 40% 45% 100% 93% 91% 85% 45% 41% 90% 40% 80% 35% 30% 26% 30% 70% 21% 30% 29% 60% 25% 50% 20% 40% 15% 30% 10% 20% 15% 10% 7% 9% 5% 0% Education Capacity Building 0% Israel Sientific Research North America 2018 2019 2020 Goal 2018 2019 2020 Goal Comparative % of $ allocated by Non-Jewish Grants in Comparative % of $ allocated by Jewish & Non-Jewish Grants in CAPACITY BUILDING EDUCATION 100 13 22 30 100 9 75 75 41 50 50 50 91 59 50 87 78 70 25 25 0 2019 2020 Goal 0 2019 2020 Goal 2018 2018 Jewish Capacity Building Non-Jewish Capacity Building Jewish Education Non-Jewish Education 7

OVERVIEW OF PERFORMANCE AGAINST OBJECTIVES DEEPEN INCREASE LEVEL IMPROVE UNDERSTANDING OF MISSION EFFICIENCY OF QUALITY ALIGNMENT OF OF OPERATIONS AND VALUE OF PRIMARY CORE FOUNDATION GRANTS Foundation software and OUTPUTS Joddes accounting Number of CORE grant now aligned Granting agreements in place outside of mission areas for 32 projects is currently 21/136 Increased clarity of roles of management First convening of grantees Further definition of role provides feedback of Foundation Chair Priority functions defined Assessment of outcomes with Board members against granting agreement for 10 projects Questionnaire for grantees administered 08/19 8

OVERVIEW OF PERFORMANCE AGAINST OBJECTIVES DEVELOP RAISE PROFILE AS FOUNDATION STRATEGY WITHIN THE CANADIAN AND JEWISH FOR THE NEXT PHILANTHROPIC FIELD TO ENCOURAGE 3-5 YEARS LONG TERM COLLABORATION IN FUNDING Onboarding and engagement Participation with local funders in initiatives with Philanthropic strategy for G3 ready for Foundations Canada at conferences, convenings and on specific implementation in 2020 issue platforms Increased presence at local institutions from important donations Document complete. Increased profile at Jewish Funders Network in US and Israel Implementation continues Co established Jewish funders group through 2021 Annual review of strategy scheduled 9

EVOLVING ROLE OF BOARD OF DIRECTORS REGULAR ATTENDANCE, INCREASED OWNERSHIP INTEGRATION OF LEARNING PARTICIPATION AND EVIDENT OF PROJECTS OPPORTUNITIES AT BOARD CONCERN ABOUT GOOD GOVERNANCE MEETINGS AND SHARING OF INFORMATION BETWEEN MEETINGS BY MANAGEMENT INPUT BETWEEN PARTICIPATION MEETINGS AS NEEDED IN PROGRAM PANEL AND DEVELOPMENT OF STRATEGY DOCUMENT 10

HEADLINE ISSUES IMPACTING FOUNDATION IDENTIFYING ARTICULATING VALUE IDENTIFYING WORTHY RESEARCH OF INVESTMENTS PROJECTS TO ENGAGE PROJECTS THAT ALIGN INTERESTS OF MULTIPLE WITH FAMILY INTERESTS (MULT YEAR AND SIGNIFICANT ANNUAL GRANTS FROM CORE) FAMILY MEMBERS LEVERAGE FUNDING TO INCREASE IMPACT STRENGTHENING SIMPLIFYING ENRICHING BOARD CAPACITY IN ISRAEL REPORTING ON EXPERIENCE INVESTMENTS AND LONG TERM PLANNING FOR GRANTING FROM CORE 11

2018-2019 SUMMARY OF REVENUES AND EXPENDITURE AT JUNE 2019 8,000 MRGFF expenses in thousands $ 7,000 6,000 7,328 5,000 4,000 5,407 3,000 FOUNDATION 2,000 866 FOUNDATION REVENUES 1,000 OPERATIONAL EXPENSES IN THOUSANDS $ Core Donor advised Operational 0 IN THOUSANDS $ funds expenses Operational expenses represent 7% of donations granted. Dividends $5,047 Investment expenses $425 Interest income $1,136 Sta & Consulting $230 Gain on disposal of investments $288 General & Administration $184 Donations Professional fees $50 $27 12