Federation Cja

“The Form 990 and its schedules are prepared by management and then reviewed by external Auditors. They are filed in the Finance offices and are made available to the Audit Committee members and the Board of Directors.”

“The FCJA requires each member of its Board of Directors standing committees and any other members of committees established by the Board to sign the policy. All Board members have signed and disclosed any potential conflicts of interest. The policy is signed on a term basis.”

“The process of determining compensation for the CEO top management and key employees consists of annual performance appraisals. The performance appraisals for the CEO top management and key employees are reviewed and approved by an independent compensation committee.”

“Federation CJA does not make its governing documents or conflict of interest readily available to the public. However they are available upon request.”

“On July 1 2020 the Bronfman Jewish Education Center was merged into FCJA as one of our programs. This program provides professional development for teachers grants to improve a school's ability to support students events and contests in schools supporting Jewish education and advancement and adult education for the advancement of Jewish knowledge. Gesher is a new program which began in September 2020. It serves as FCJA's response to support families in helping them withstand the COVID-19 financial crisis. The goal of the program is to ensure that the impact is temporary and to make sure community members do not withdraw from participating in Jewish life.”

“The accounting method has not changed but the following should be points should noted: Federation CJA is a Canadian charity and all charitable activities are in Canada. Currency conversion of the Form 990: FCJA uses the current rate method to translate its Financial Statements in particular: Revenues & Expenses Parts VII and IX at an average rate of 1.3315 for the fiscal year end 2020 21 and Balance Sheet Part X at the March 31,2021 of 1.2575. Part X Part I and Part XI: The financials are converted from Canadian Dollars to US Dollars. In particular for the balance sheet to represent comparable figures the beginning of year balances in Part X have been restated using the March 31 2021 exchange rate 1.2575. This restatement also affects the beginning balances in Part I lines 20,21 and 22 and Part XI line 4. Part XI line 9: The other changes in fund balances mainly consist of changes in fair market value of investments and any foreign exchange fluctuations. Part V line 4a: Please note that Federation CJA is a Canadian charitable organization and that all activities offices employees and financial accounts are outside the United States. Part V line 2a and Part I line 5: Since Federation CJA is a Canadian charity and all activities offices employees and financial accounts are outside the United States we are not required to fill out Form W-3 therefore we answer zero for Part V Line 2a. However we do enter the number of employees for the year in Part I Line 5 since there is no specification. Part IV lines 14 & 15: Of the $81,851,231 in contributions received during the year only $1,560,708 are from US donors.”

“| Description:, Expense Amount:, Grants Amount:, Revenue Amount:| Allocation to Jewish Community Foundation $34,179,497 Special Projects security project $2,669,522 Other programs consisting of fair value of loans to schools and to other organizations services provided to sister agencies by human resources security building etc. $608,946, $37457965, $37457965, $0|”

“| Description:, Explanation:, Amount:| 0, 0, $0|”