Institutions of N.Y. Federation of Jewish Philanthropies Report $2,100,000 Deficit
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Institutions of N.Y. Federation of Jewish Philanthropies Report $2,100,000 Deficit

Deficits of $1,298,628 were accumulated during the past year by hospitals and medical care agencies affiliated with the Federation of Jewish Philanthropies of New York, it was revealed over the week-end by Benjamin Lazrus, chairman of the Federation’s current drive to raise $16,500,000 for 116 member hospitals, health and social welfare institutions.

The hospital group’s deficit, Lazrus said, represents slightly more than 61 percent of the total deficit of $2,100,000 incurred by all the affiliated Federation agencies during this period. Deficits accumulated in other fields of Federation service include: child care, $390,115; family welfare, including care of the aged, $233,542; community centers, $174,017, and camping, $38,504. “The Welfare work of the community is staggering under the heaviest deficits in its history,” Lazrus declared.

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