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To Consider New Plan for Financing Charities

April 23, 1923
See Original Daily Bulletin From This Date

A radical change in the methods of raising money for the maintenance of the national Jewish philanthropies will be proposed at the convention of the National Conference of Jewish Charities to be held in Washington beginning May 13th. Instead of each institution obtaining funds individually through the efforts of field secretaries or other means of direct, personal solicitation, the plan that will be broached provides for a national budget, based on the requirements of the institutions, and which is to be raised by a concerted effort, in which local committees shall act as the collecting agency, somewhat after the method that has been employed in raising funds for European war-relief.

The question will be brought up in a report by Samuel A. Goldsmith, director of the Bureau of Jewish Social Research. This report, containing the results of an investigation of the subject by a committee appointed at last year’s convention of the organization will contain statistics demonstrating that the average cost to institutions following the present method of individual fund-raising is slightly over 28% of the total raised. In the case of some institutions the cost is even greater.

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