NEW YORK (Jun. 1)
American Jewish communities are planning to raise $135,000,000 in capital funds campaigns to meet the new demands for social service which have been delayed during “the past ton years of crisis end status quo,” according to a report by the Council of Jewish Federations and Welfare Funds, made public here today. Approximately $60,000,000 of the total has already been raised since 1944.
The report warns communities against a repetition of “the unplanned and uncoordinated effort” which characterized building campaigns after World War 1.It recalls the “grave problems” which such action brought about during the depression when “mortgages could not be paid and maintenance costs could not be met.”
Seventy communities engaged in raising capital funds will use them for new hospitals, community centers, homes for the aged, congregational buildings and convalescent facilities. “The facilities built in an earlier, less developed period are now revealed as inadequate,” the report asserts. “There is a new design in service and our physical facilities must follow that design.”