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JewishCare Foundations

JewishCare Foundation Trust and JewishCare Mental Health Foundation Trust


In order to build a corpus of funds to support its work JewishCare established the JewishCare Foundation in 1992 and in 2011 this Foundation was superseded by the JewishCare Fund, a Company which is the Trustee for the JewishCare Foundation Trust and JewishCare Mental Health Foundation Trust which were established as Public Ancillary Funds.

The purpose of the JewishCare Foundation Trust as set out in the Trust Deed is to provide funding for JewishCare.

The purpose of the JewishCare Mental Health Foundation as set out in the Trust Deed is to provide funding for the JewishCare Mental Health Program.

Both Trusts are registered with the Australian Not for Profit Commission (ACNC).

Current operations

Both Foundations aim to maintain their capital base by bequests and donations, both of which are permissible under Jewish Community Appeal guidelines.

JewishCare seeks an annual allocation from both Trusts which includes the minimum distribution required of Public Ancillary Funds and funding for any specific projects.


The Boards meet quarterly to discuss the current investments and distribution to JewishCare. They also oversee the annual financial statements which are provided to the ACNC.

Foundation Members

Alex Abulafia OAM

Solicitor of Supreme Court of NSW

Alex is a corporate lawyer and an investment banker turned entrepreneur businessman with an extensive communal history.

Before becoming Chair and founding member of the JewishCare Foundation Trust and the JewishCare Mental Health Foundation in 2011, he was a Director and Chair of the JewishCare Foundation from 2009-2011.

Alex chaired the JewishCare Capital Appeal in 2010 with an innovative campaign using the large orange hand to galvanise the community to donating nearly $5m. These funds went towards the building of a new office and community building in Saber Street .  His other communal involvements include Treasurer and then President Emanuel School (1999-2006), Australian Friends of the Hebrew University (1997 2000, Director), JCA Appeal Chairman and Executive Committee Member (2006- 2008), JNF NSW President (2011-2015) after serving a maximum 4 year term, Board Member JNF Australia (2011-2016) and Trustee of JCA’s Education Endowment Fund (2011 to 2016) . Alex is currently a Trustee of the Kesser Torah Education Fund a position he has held since 2011, serves as trustee of Y2i alongside other senior communal leaders and since 2014 is a member of the Montefiore Board.

Jason Sandler

Director since 2016

Jason Sandler is the Chief Financial Officer at TDM Asset Management (TDM), a private investment firm founded in 2004. TDM has a long-term investment philosophy, focusing on companies with attractive growth profiles run by outstanding management teams.

Prior to joining TDM, Jason worked for Investec Australia Limited in Property Investments and Private Equity where he was responsible for finance and operations in those business. Prior to Investec Jason worked for PwC in assurance and business advisory services.

Jason holds a Bachelor of Commerce from the University of New South Wales and is a Chartered Accountant.

Craig Shapiro

BA, M Com, PhD, UNSW Bachelor of Science, University of Sydney, MAICD

Craig is the Co-CEO and Founder of Blue River Group, an impact investment services firm. Prior to establishing Blue River Group in 2015, Craig spent 25 years in the finance sector, 22 of which were at the investment bank Macquarie Group. He was the Global Group Treasurer & Executive Director at Macquarie prior to retiring from banking in 2012. Craig has been an active member of the Jewish community having previously served as Treasurer of Emanuel Synagogue and was also a member of the JCA Investment Committee.

Craig currently sits on the board of Microequities Pty Ltd and is the Treasurer of The Sydney Institute.

Dr Carol Royal

Honorary Visiting Fellow at Cass Business School, City University, London,
Member of the Australian Institute of Company Directors,
Member of the Australian Human Resources Institute
Previous past Director of the Masters of Technology Management/Academic School of Management ,
UNSW Business School/AGSM, University of New South Wales, Sydney, Australia.

Dr Royal's consultancy and research evaluates publicly listed companies through Human Capital analysis and its links to corporate performance and she provides advisory/research services to Investment Management, Investment Banking and Stockbroking industries in the International Equity Markets (UK, USA, Australia) on Human Capital Intangibles, Management Quality. Prior to her consulting and academic roles, she held senior line human resource management positions with the manufacturing and retail sectors.

Glenn Wein

Glenn Wein is principal of Wentworth Capital Group. Most recently Glenn was Head of Private Equity at Consolidated Press Holdings Limited and CEO of Arctic Capital Limited. Prior to CPH Glenn was a Managing Director of Rothschild Australia and Head of Principal Investments. Glenn’s prior career was with Morgan Stanley’s Mergers and Acquisitions Group in both New York and Menlo Park.

Glenn graduated with an MBA from Columbia Business School and holds both a Bachelor of Laws (honours) and a Bachelor of Commerce from the University of Melbourne.

Michelle Goldstone

Michelle Goldstone a director of a private investment company. She has a background in corporate finance and banking. From 2007 to 2016 Michelle was Chief Investment Officer of Ivany Investment Group. Michelle holds a Bachelor of Commerce from the University of Western Australia, is a Fellow of the Financial Services Institute of Australia and also a qualified Chartered Accountant. Michelle is a member of the Investment Committee of Impact Investment Group and works for a number of philanthropic organisations. She is currently a Director of So They Can, an African NGO, has previously served on a number of NSW Jewish Communal Appeal boards, and also spent many years as a "big sister" in the Big Brother Big Sister program. Michelle is also an active member of the Young Presidents  Organisation.