What is Campus 2020?

The Campus 2020 Debt Retirement Campaign was launched in April 2016 with the goal of eliminating the  $4.6 million debt that saddles our Jewish Community’s core asset, the Maitland Jewish Community Campus, by Jan. 1, 2020. The vision of Campus 2020 is to secure the campus and its critical role as the nucleus of our community so that it can continue to foster our vibrancy for generations to come.


TODAY: Living With the Debt


Retiring the Maitland Jewish Community Campus debt early – by 2020 –  will result in annual savings of $381,400 to the Jewish community.

This annual debt obligation consumes financial resources that could otherwise be invested in programs and services that directly benefit Jews in Greater Orlando.


Continuing to carry this debt means:

  • Our campus suffers: Servicing the debt consumes financial resources that could be used to pay for needed upgrades to modernize our facilities. Currently, our reserve funds are stretched as the physical property deteriorates.
  • Our community suffers: The cost of carrying the debt limits the resources that can be released into the community in the form of grants and other allocations that address the critical needs of all our constituents.
  • Resources and time are consumed: The JGFO, The Roth Family JCC and the JAO must devote valuable staff hours each year for fundraising just to maintain existing programs and services, often at the cost of forgoing potential outreach efforts to underserved members of our community.
  • Growth and innovation are hindered: Central Florida is a thriving, growing region. JFGO, The Roth Family JCC and the JAO must grow along with it or risk falling short of fulfilling our respective missions. Unfortunately, budgetary constraints brought on by the debt have kept us in a mode of maintaining the status quo rather than creating new engagement opportunities.

2020: A Debt-free Campus


A campus that is set free from debt is a campus that can once again grow and thrive as a hub of Jewish life for Greater Orlando. Eliminating the debt will redeploy much-needed funds into our Jewish community. Indeed, the benefits of debt retirement will have a positive ripple effect beyond the Maitland Jewish Community Campus.


A debt-free campus means:

  • Investing in our community: JFGO allocations such as collaborative grants represent a valuable investment in the people of the Greater Orlando Jewish community. Retiring the debt would immediately free up funds for grants and allocations.
  • Expanding our reach: A debt-free Federation will be positioned to provide assistance and meaningful programming for Baby Boomers, the elderly and other important but currently underserved constituents.
  • Refocusing on our mission: Retiring the debt will allow all of our campus agencies to fully dedicate themselves to their missions, rather than devoting resources to capital campaigns and debt payments. It is central to JFGO’s mission that the money we spend directly benefits our constituents and that our donors’ contributions do as much good as possible for the greatest number of people.
  • Revitalizing our community! The availability of the funds currently consumed by servicing the debt will be a game changer for our community. As we reclaim the time and resources now devoted to shoring up stressed finances, volunteers and staff will be freed up to serve, create and innovate with new programming and services.

OUR CAMPUS: By the Numbers

Campus 2020 Advisory Board

Campus 2020 Advisory Board members and Federation leaders met March 27 on the Maitland Jewish Community Campus. From left: Dick Appelbaum, Ron Shader, Dottie Appelbaum, Mardi Shader, Olga Yorish, Dr. Ed Zissman, Allan Goldberg, Michael Soll, Rhonda Forest and Joe Hara. Board members not pictured: Neal Crasnow and Dr. Susan Drukman; Diane Goldberg; Anita Hara; Mark and Caryn Israel; Julian and Sheryl Meitin; and Phyllis Zissman.

Our Partners

Campus 2020 already has secured commitments of more than $1.3 million in matching funds from The Harris Rosen Foundation and The Jewish Capital Alliance. Your gift to Campus 2020 may qualify for matching funds from one or both grants.

The Harris Rosen Foundation Matching Grant

This $1,000,000 matching grant will be applied on a dollar-to-dollar matching cash basis according to the following criteria:


  • The Harris Rosen Foundation Matching Grant applies only to single cash donations.
  • All cash gifts, from $1 to $1 million, are eligible for this grant until the full $1 million match has been exhausted, or through the end of 2018.


The Jewish Capital Alliance Matching Gift

The Jewish Capital Alliance has pledged $300,000 in matching grants for Campus 2020. The $300,000 JCA Matching Grant will be applied at 60 cents per dollar according to the following criteria:


  • A gift of $1,000 to $1,500 (paid as a single donation) is eligible for the 60-cent-per-dollar match.
  • A gift of $1,500 to $30,000 (paid at $500+/yr over 3 years) is eligible
          for the 60-cent-per-dollar match.


In addition, for each dollar donated to Campus 2020 through a qualified Jewish agency or organization*, JCA will provide an additional 20-cent-per-dollar Matching Gift that will be paid directly to any qualifying agency/organization designated by the donor. JCA will fund this Matching Gift in FULL at the time the
donor makes the initial payment to Campus 2020.


* “Qualifying Agency/Organization” can be any Jewish organization, other than JFGO, that would otherwise qualify as a recipient of a loan or funding provided through JCA.



Q&A on the Maitland Jewish Community Campus Debt

Q: How much is the debt?
A:  The principal balances of the two loans that comprise the debt are $3,692,500 (3.75% interest) and $1,068,000 (2.45% interest), for a total of $4,760,500 as of December 31, 2015. A balloon payment of more than $2.4 million is due in April 2023. If the debt is not retired by then, JFGO will have to refinance it, thus extending campus debt obligations well into the next decade.


Q: If Campus 2020 is a success and the debt is retired, what assurances can you make that new debt will not be incurred?
A: As a condition of accepting certain matching grants for Campus 2020, JFGO has committed in writing that it will not borrow money for any capital improvements for the 10 years following retirement of the debt.



Q: Where did the debt come from?
A:  As our community grew in the 1970s and ’80s, the demand for the programs and services offered on campus grew as well. The campus underwent a major expansion from 2002 to 2005, with construction of a new building for the Jewish Academy of Orlando (JAO) as well as renovations to Jewish Community Center (JCC) facilities such as the senior lounge and auditorium. Construction costs totaled $12.3 million. Existing mortgages and associated expenses, such as loan fees, interest and carrying costs on bonds, brought the total expansion cost to $13.86 million.


Q: Didn’t the Capital Campaign
cover the cost of expansion?  

A: Not fully. Initial funding of the expansion resulted in a shortfall of $205,000, largely due to construction cost overruns. This amount was covered by JFGO. The capital campaign brought in pledges totaling $9.29 million vs. a total project cost of $13.86 million, a difference of $4.57 million. To make up that difference, campus agencies agreed to take on additional finance obligations through 2028. Finally, of the $9.29 million in capital campaign pledges, only $7.26 million was collected, a shortfall of $2.03 million.



Maitland Campus

Expansion Costs,



The Jewish Federation of Greater Orlando is a 501(c)3 nonprofit organization. A copy of the official registration (CH326) and financial information may be obtained from the Division of Consumer Services by calling toll-free (1-800-435-7352) within the state or by visiting www.FloridaConsumerHelp.com. Registration does not imply endorsement, approval, or recommendation by the State.