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University of Colorado Boulder Program in Jewish Studies

Nigel Savage: JOFEE Report and the Challenge of Asset Allocation

Nigel Savage
Nigel Savage

Nigel Savage, founder of Hazon, published a blog post today describing the origin of the JOFEE (Jewish Outdoor, Food and Environmental Education) Report and discussing the challenge of sustaining the many new initiatives in this space.

… the Jewish community right now faces an enormous challenge in relation to asset allocation. The new models and programs, though they’re growing, haven’t sufficiently scaled. They’re tiny in relation to the challenges we face, tiny in relation to the opportunities that exist, and – in almost every single instance – they have no reserves, no endowment, no savings, and an insufficiently broad funding base. Conversely, many of the institutions in American Jewish life that do have a proper balance sheet – buildings, endowment, restricted assets, legacy giving programs – are facing a crisis of vision and mission: their participants are aging and their donor base is shrinking.

 

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They call me "NewsHound III," because I'm a smart Cookie, sniffing out stories all over the Boulder area. I love Jewish holidays because the food is GREAT, especially the brisket. Well all the food. I was adopted from the Humane Society of Boulder Valley and have many friends there also looking for homes.

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