Jack G Buncher Charitable Fund for the AJJDC

What it reported doing in 2024

Reaching the Most Vulnerable Jews - Welfare in the FSU and Ukraine: Across the FSU, tens of thousands of elderly Jews face daily struggles with extreme poverty. Without savings, and often without any family to help them, they try to manage on meager government pensions that cannot cover even basic food, medication and utilities. The crisis in Ukraine has made the situation worse, sending prices soaring across the region. The Jack Buncher Charitable Fund's support goes towards JDC's humanitarian efforts in Ukraine, as well as ongoing welfare throughout the region. JDC cares for poor Jews in the region through its (see Sched. O) network of 62 welfare centers that reach clients in over 2,000 locations in 11 countries across the FSU. During 2024, JDC helped ensure lifesaving aid for over 70,600 impoverished elderly Jews - 66,776 elderly Jews received food support, including bank cards for purchasing groceries/medication, food packages, meals on wheels, hot lunches and holiday food packages; 22,014 elderly Jews received homecare services, the most fragile clients received a total of 22,770,970 hours of assistance with daily tasks such as bathing, dressing, shopping, cooking and cleaning; 18,842 elderly Jews received medical care including medicines, medical services and loans of medical equipment; 42,094 elderly Jews received winter relief, warm clothing and blankets, subsidies to cover utility bills and wood and coal for heating. Aid for Struggling Jewish Families in Argentina: Since the early 2000s, when Argentina's economic crisis began ushering in an extended period of hyperinflation and unemployment, JDC has provided immediate relief and longerterm support to the country's most vulnerable Jews, in collaboration with local organizations.According to government statistics, inflation - which had remained in the double-digits for nearly ten years - hit more than 200% by the close of 2023. Basic necessities are unaffordable, jobs with decent wages are scarce, and more than 50% of the population lives under the poverty line. Lower middle-class families, who are not eligible for state welfare, have been hardest hit by the economic downturn.The economic reality has been especially challenging for Jews who live in small Jewish communities in the Argentinian provinces outside of Buenos Aires. With some communities located far from urban centers, employment opportunities are very limited, and poverty is extremely widespread.The aid provided by the Jack Buncher Charitable Fund has become a lifeline. In 2024, 839 people (346 families) received monthly food aid and 206 people (97 families) received monthly housing stipend.JDC is also working to strengthen the capacity of 14 of Argentina's small Jewish communities, toward achieving self-sufficiency and decreasing their reliance on outside support. This is carried out through a community development and leadership training program that helps Jewish professional and lay leaders build their skills and capabilities and share best practices.Global Jewish Welfare: Around the world, tens of thousands of Jews live in a state of poverty. JDC - throughout its decades of existence, and to this very day - has committed to doing everything in its power to raise impoverished Jews out of their state of privation, restore their dignity, and give them hope.In eastern Europe, Latin America, Africa, Asia, and the former Soviet Union, JDC delivers life-saving relief and social services to the neediest Jews living in dire conditions in places where nearly no other social services exist. JDC carries out this work in partnership with local Jewish communities, while building their capacity to support their own needy members in the long term. JDC leverages existing programs, knowledge, and relationships so these communities can become more self-sufficient. In the future, the hope is to see local communities more prepared and capable of taking increasing responsibility for this life-saving work by providing services

Financial Efficiency

• Mission deployment rate: 97%; rating input score 97
• Program expense ratio: 100%; rating input score 100
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 71.4%; rating input score 71; 15th percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 13.7%; rating input score 68; 68th percentile among comparable filings
• Total-asset coverage ratio: 13.79; rating input score 94; 94th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
• Officer compensation ratio: 15.4%; rating input score 22; 22nd percentile among comparable filings

Growth

• Program expense growth: 6.1% per year; rating input score 100; 47th percentile among comparable filings
• Revenue growth: -3.8% per year; rating input score 0; 6th percentile among comparable filings
• Asset growth: 9.4% per year; rating input score 100; 56th percentile among comparable filings