The Jewish Tuition Organization (JTO) announces Chad Mandelbaum as its
newly elected Board President. Mandelbaum will take the reins from outgoing Board President
Fred Wabnik, who served as Board President for seven years. “The board appreciates the many
years Fred served as Board President and I’m looking forward to working with the dedicated
Board and Staff as we build on a great foundation to provide Jewish day school education to
students, regardless of financial ability,” stated Mandelbaum. “There is so much potential to
make a difference for our community today and for the future, and I look forward to overseeing a
period of growth at the JTO.”
Mandelbaum has served on the JTO board for several years and brings a wealth of knowledge
to his new role both from the Jewish day school perspective and his JTO Board experience.
Mandelbaum enjoys a diverse professional background with a 30-year career in commercial real
estate, corporate finance, mergers and acquisitions, and institutional real estate investments.
Currently serving as managing partner of Mandelbaum Properties, Mandelbaum is responsible
for asset management and financial oversight of the firm. He has experience in investment
sales, leasing, and development in the Phoenix market, and has held previous positions with
Wheels Up, iStar Financial (a Starwood Capital portfolio company), Bear Stearns and The
Blackstone Group’s real estate private equity fund.
Mandelbaum is a graduate of The Wharton School at the University of Pennsylvania with a
Bachelor of Science degree in Finance and Accounting and earned a CPA certificate. “Chad’s
experience and financial knowledge is a perfect fit for his role as JTO Board President, and I
look forward to working with him as we take the JTO to the next level,” said JTO Executive
Director Janet Silva.
The JTO is a student tuition organization that raises funds through Arizona’s dollar-for-dollar
private school tuition tax credits, both from individual taxpayers and the corporate tax credit
program, to provide scholarships to children who attend Jewish day schools. This past school
year the JTO awarded approximately 650 scholarships totaling more than $4.2 million.
The JTO is a nonprofit 501(c)(3) and can accept charitable donations outside of the tax credit.
All support is welcome and appreciated. For more information contact the Jewish Tuition
Organization offices at 480.634.4926 or visit www.jtophoenix.org.
