The financial crisis of Hebrew day schools in this city will be eased following authorization by the Jewish Federation-Council to lend up to $150000 in interest-free loans to help meet the schools’ emergency obligations, Albert A. Spiegel, JFC president, has announced. Current debts of the schools range from $20000 to $41000. Many of the schools face closing because of increased operating costs, higher teacher salaries and the inability of some students to pay full tuition fees, Spiegel said. A special JFC Committee headed by Lawrence E. Irell, vice-president, undertook a study which resulted in a recommendation that the loans be made immediately. Following the granting of the emergency loans, JFC will undertake a detailed examination over the next six months to help determine long-range solutions. Of the seven Hebrew day schools operating within Greater Los Angeles, four are confronted with major financial problems. At present many Hebrew schools are recipients of financial support from Federation’s Bureau of Jewish Education through a formula geared to teachers’ salaries. All allocations, which are granted by the JFC board of directors from the annual United Jewish Welfare Fund campaign, are earmarked for Hebrew and Jewish studies. No subsidies are given for general (non-Jewish) studies.
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.
