The Federation for the Support of Jewish Philanthropic Societies yesterday announced that it faces a deficit of $2,221,000, which sum is necessary for the fulfillment of its obligations to its ninety-one affiliated institutions until the end of the current year. The $2,221,000 still lacking, it was said, must be secured to attain this year’s goal of $5,499,000, the largest sum ever asked by any local group of charitable agencies for maintenance purposes.
In commenting on the federation’s financial situation, Samuel D. Leidesdorf, chairman of the Business Men’s Council, declared that “the business and professional men of New York, spurred on by the greatest needs in the federation’s history, are evidencing marked interest and desire to participate in the effort to erase our deficit. More than 2,400 men and women have already pledged themselves to help make our work a success.”
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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.
