A total of $11,144,985 was received during the fiscal year 1934 by the 68 federations of Jewish charities and welfare funds in the United States, it was disclosed in the report on financing of Jewish social work issued by the National Council of Jewish Federations and Welfare Funds.
The estimated Jewish population of the federated communities is 3,082,542, or 72 per cent of the estimated Jewish population in 1927, the report said.
Of the funds contributed, 99 per cent was used for current operating needs, the report shows. About $47,000 was used for acquisition of land, buildings, and equipment and permanent improvement of the property owned.
The outstanding source of funds was annual contributions, which was responsible for acquisition of $6,158,706 of the total. Other important sources were community chests, bequests and legacies and government funds.
It was pointed out that while government funds comprise only 2.3 per cent of the income of the federations and welfare funds, considerably more was given to Jewish social service agencies directly, not through federations, which is not included in the report.
An analysis of income show the fifteen welfare funds depend almost entirely on their annual campaigns. These campaigns were responsible for collection of 96 per cent of their funds in 1934.
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