Dear Friends & Colleagues:
We are grateful to our capable investment committee and board that Madoff was not a manager or advisor of any Columbus Jewish Foundation funds.
The bulk of the Columbus Jewish Foundation portfolio is managed by SEI Investments, a leading provider of manager investment services. SEI has $178 billion dollars under management, including over $44 million of the Columbus Jewish Foundation portfolio. According to an SEI spokesperson: “There is no exposure, no fall-out, regarding the Foundation’s SEI-managed assets in connection with the Madoff situation."
While our Columbus Jewish Foundation fundholders as well as our agency and synagogue custodial fund partners have no institutional investments affected by the Madoff affair, our thoughts are with the families, foundations, and other institutions that have been impacted.
Michael Weiss, President
Jackie L. Jacobs, Executive Director
The Columbus Jewish Foundation |
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Now in our second half century, The Columbus Jewish Foundation at the Robins Center for Philanthropy continues to serve the Columbus Jewish community as its planned giving and philanthropic headquarters. Through our personal relationships with donors and philanthropists, our generous grant making processes and insightful estate planning initiatives, the Foundation remains our community’s primary resource for philanthropists looking to make a long-term impact on the vibrancy and stability of our community.
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