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Charity Federaton Meets Budgetary Needs of 1929

January 16, 1930
See Original Daily Bulletin From This Date
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The budgetary requirements for 1929 of the ninety-one constituent agencies of the Federation for the Support of Jewish Philanthropic Societies have been met, a total of $5,436,000 for the federation and its institutions having been raised, according to a statement made public yesterday by Dudley D. Sicher, president of the organization.

In his statement to the general public, Mr. Sicher declared that the campaign succeeded “only after heroic efforts involving a supplementary emergency campaign which necessitated keeping the books of the federation open until January 10 for the purpose of wiping out the deficit of $281,000 still remaining at the close of the year.” He added that this was the first time in the organization’s history that it was necessary to extend the campaign beyond the calendar year.

“The wards of the ninety-one agencies of the Federation,” the statement said, “take this opportunity, through its officers and directors, to express their appreciation of the splendid support and service given in 1929 by the subscribers and volunteer workers of Federation.”

Federation entered the year 1929 with assets of $3,810,000 toward last year’s budgetary needs. To raise the balance needed for maintenance of its institutions, the campaign was begun October 20 under the leadership of Sam A. Lewisohn, chairman of the Business Men’s Council; Ira M. Younker, associate chairman of the Council, and Maurice Goodman and Ralph E. Samuel, as associate campaign chairmen.

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