$54,000,000 Building Fund Plan Announced by N.Y. Federation of Jewish Philanthropies
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$54,000,000 Building Fund Plan Announced by N.Y. Federation of Jewish Philanthropies

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The Federation of Jewish Philanthropies of New York last night announced details of a $54,000,000 program to build, expand and modernize the buildings, services and facilities of its network of 116 affiliated hospitals, health and welfare agencies, and to provide for research programs.

To implement this community-wide building program, the Federation this year will campaign to raise $34,000,000 for construction and expansion purposes, which will supplement $14,000,000 raised in a Building Fund Campaign of 1945, and $6,000,000 available for building and expansion purposes in the reserves of the Federation-affiliated institutions and agencies. At the same time, the Federation will conduct its usual annual campaign for the maintenance of the current services of the affiliated institutions. The maintenance goal this year is $16,500,000.

The $54,000,000 building fund program was announced by Ralph E. Samuel, president of the Federation, at a press conference. He emphasized that it is the largest concentrated development program ever proposed by a local philanthropy at one time anywhere in the United States. He pointed out, also, that the total campaign goal of $34,000,000 to build, expand and modernize, and $16,500,000 for the annual support of the affiliated agencies, is the largest sum ever sought at one time on behalf of a local philanthropy anywhere in the United States.

The Federation’s 32nd annual appeal will get under way with a two-day Health and Welfare Institute at the Hotel Astor, starting on September 20. A roster of leading authorities in the fields of hospital and medical care; care of the aged; child care and guidance; family service; community center work; camping, and psychiatry, will address business, professional, women’s groups and community leaders, as well as professional workers in the health and welfare fields.

Mr. Samuel said that a four-year survey conducted by the Federation’s Building Fund Committee for Expansion, Modernization and Research among the affiliated agencies of the Federation indicated that the need for such a community-wide program was immediate and urgent.

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