The seventy-ninth annual report of Mount Sinai Hospital made public by George Blumenthal, president, states that the year of 1931 closed with a deficit of $168,519, due chiefly to the increased demand for free service and a falling off of receipts from paying patients and of gifts.
The deficit would have been far greater had it not been for the receipt of $411,917 from the Federation for the Support of Jewish Philanthropic Societies and $47,696, the hospital’s share in the annual collection of the United Hospital Fund. The report expresses gratitude for the continued support of the Federation and urges friends of the sick poor to “stand by the United Hospital Fund thereby enabling it to continue the great work to which its energies are being devoted.”
Mr. Blumenthal says that though the salaries and wages of practically every one connected with the institution were reduced in an extreme effort further to economize, the financial situation of the hospital continues disturbing, and that there is no indication that the present
year will show a more favorable result. Serious inroads have been made into the scant capital of the hospital, and “unless some large gifts are received within the next few years, the financial outlook of the institution is fraught with grave danger for the continued full use of the hospital’s facilities, not to speak of the impossibility of expanding departments which should be equipped for additional service.”
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
