fbpx

Jewish federations see a slight dip in fundraising

North American Jewish federations generated nearly $2.5 billion for program needs in 2010, according to their umbrella group. The Jewish Federations of North America raised about $925 million last year in its 157 federated and 300 network communities, down from the 2009 campaign totals of $938 million. JFNA spokespeople attributed the dip to the continued economic downturn. In 2008, the annual campaign raised $1.04 billion.
[additional-authors]
April 28, 2011

North American Jewish federations generated nearly $2.5 billion for program needs in 2010, according to their umbrella group.

The Jewish Federations of North America raised about $925 million last year in its 157 federated and 300 network communities, down from the 2009 campaign totals of $938 million. JFNA spokespeople attributed the dip to the continued economic downturn. In 2008, the annual campaign raised $1.04 billion.

Fundraising in 2011 is “looking up,” a spokesman told JTA.

An additional $1.5 billion was generated in 2010 in endowment funds for specific charitable projects in North America, Israel and dozens of other countries, totaling more than $2.4 billion for global needs in 2010. Jewish Federations’ philanthropic endowment portfolio is worth $13.5 billion and currently yields approximately $1.5 billion in yearly earnings.

“We are incredibly proud that thanks to our generous donors and the hard work of federation professionals and lay leaders, the Jewish Federations continue to help enrich and sustain Jewish life around the world,” Kathy Manning, JFNA’s board chair, said in a written statement.

Did you enjoy this article?
You'll love our roundtable.

Editor's Picks

Latest Articles

Cerf’s Up!

As the publisher and co-founder of Random House, Bennett Cerf was one of the most important figures in 20th-century culture and literature.

Are We Still Comfortably Numb?

Forgiving someone on behalf of a community that is not yours is not forgiveness. It is opportunism dressed up as virtue.

National Picnic Day

There is nothing like spreading a soft blanket out in the shade and enjoying some delicious food with friends and family.

John Lennon’s Dream – And Where It Fell Short

His message of love — hopeful, expansive, humane — inspired genuine moral progress. It fostered hope that humanity might ultimately converge toward those ideals. In too many parts of the world, that expectation collided with societies that did not share those assumptions.

Journeys to the Promised Land

Just as the Torah concludes with the people about to enter the Promised Land, leaders are successful when the connections we make reveal within us the humility to encounter the Infinite.

More news and opinions than at a Shabbat dinner, right in your inbox.