1. Group Strategic Quarterly: Q2 Review of Overall Operations April-June, and Preview of New Horizons July-Sept

5. Performance over Quarter (Apr - Jun) Successful close of pilot CEPs in Jerusalem and Boston Accomplished. Threading of Community/Magazine-Fellowship-PTInvestment cycle. In progress; much more work needs to be done Finalization of Coordinator Course Curriculum and attendees Accomplished Movement forward in negotiation with platform organizations (JFNA, JA, JCCA, Hillel, etc) In process; delayed by load and environmental challenges Assessment of pilot CEPs, and rebuilding curriculum for year two. Accomplished Board enhancement process complete for current stage; four board committees operating smoothly and effectively. In process; not proceeding at optimal pace.

6. Goals for Next Quarter (July-Sept) Goals Successful completion of Coordinator Course Transition to independent status in the US under 501c3 Establishment of foundation for NYC office in The Jewish Center CEP Coordinators build functioning Steering Committees in our six areas of operation, hitting milestones as determined in workplans Growth of Board and establishment of board committees Approval of Budget for 5771 (Oct-Sept 2010-2011) Transition to new organizational structure linking programming components for greater potential action

8. Budget Quarter Expected Quarter Actuals Variance REVENUE Community Revenue $4,450.00 $680.00 -$3,770.00 Creativity Revenue $0.00 $0.00 $0.00 Pioneering Revenue $82,091.67 $55,527.00 -$26,564.67 Grants Revenue $173,500.00 $173,500.00 $0.00 TOTAL REVENUE $ 260,041.67 $ 229,707.00 -$30,334.67 EXPENSES Community Expenses -$57,040.70 -$37,016.42 $20,024.28 Creativity Expenses -$9,687.00 -$10,974.00 -$1,287.00 Pioneering Expenses -$63,537.98 -$63,005.73 $532.25 Backbone Expenses -$79,463.90 -$52,898.11 $26,565.79 Operations- Misc. Expenses -$10,486.48 -$1,125.75 $9,360.73 TOTAL EXPENSES $ (220,216.05) $ (165,020.01) $ 55,196.05 Net Profit/Loss $39,825.61 $64,686.99 $24,861.38