Programs In Peril

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This PowerPoint presentation shows the impact of the Jewish Agency budget cuts on programs and beneficiaries.

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  • At the Jewish Agency we are sensitive to the difficulties you and indeed the entire federation system are facing in both reduced campaigns and increased local needs as the global economic downturn intensifies. We are your partners in facing this storm as we carefully weigh every dollar spent to ensure maximum benefit to the people supported by campaign dollars. But now, as always, our beneficiaries are our most important priority . We’re here today to be their voice.
  • Programs In Peril

    1. 1. Impact of economic crisis on our beneficiaries November 2008
    2. 2. Every year 2 million people around the world depend on the services of the Jewish Agency
    3. 3. Many are now in jeopardy.
    4. 4. But many are now in jeopardy. Global Economy Changes in past 2 years <ul><li>ISRAEL: </li></ul><ul><li>U.S. Dollar devaluation of 23% against Shekel </li></ul><ul><li>6-7% increase in inflation </li></ul><ul><li>Activities in Israel: 75% of budget </li></ul><ul><li>Eastern Europe: </li></ul><ul><li>U.S. Dollar devaluation of 20% against Euro </li></ul><ul><li>7% increase in inflation </li></ul><ul><li>Activities in Europe: 5% of budget </li></ul><ul><li>FSU: </li></ul><ul><li>U.S. Dollar devaluation of 13% against Ruble </li></ul><ul><li>30-40% increase in inflation </li></ul><ul><li>Activities in FSU: 10% of budget </li></ul>
    5. 5. Reality check in Israel 75% of all donations to the Jewish Agency in U.S. dollars 55% of all expenditures in shekels 23% Devaluation of U.S. Dollar to Shekel Dec 06 – Aug 08
    6. 6. Reality check in Israel Total dollar budget of programs unchanged; Shekel budget to implement has decreased dramatically .
    7. 7. Net result 2008: Financial challenge totaling over $20 million 2009: Extreme measure of slashing $45 million from 2009 budget
    8. 8. Reductions in 2009 Budget REDUCTION Structural changes & overhead reductions $10.0 million Additional cuts and adjustments needed $13.0 million Program reductions $22.0 million TOTAL 2009 Budget Cuts $45 million
    9. 9. Programs in Peril
    10. 10. Reductions in 2009 Program Budget Program area REDUCTION STRENGTHENING ISRAEL through Immigration and Absorption $10.3 million PARTNERING WITH ISRAELIS to effect transformative change $2.8 million CONNECTING NEXT GENERATION with Israel and peoplehood $6.4 million Allocations to social programs and activities $2.5 million TOTAL Program Cuts $22.0 million
    11. 11. Immigration and absorption <ul><li>$10.3 million in cuts </li></ul><ul><li>A reduction of $3.4 million from absorption centers budget </li></ul><ul><li>$2 million cut in budget for Student Authority Scholarships in 2009 </li></ul>
    12. 12. Impacting lives like Raphael, a lone soldier from France
    13. 13. Effecting social change in Israel <ul><li>$2.8 million in cuts </li></ul><ul><li>A reduction of $800,000 in the Youth Aliyah Village budget </li></ul><ul><li>Priority regions cut by $700,000 </li></ul>
    14. 14. Impacting lives of at-risk Israeli youth like Dvir
    15. 15. Connecting the next generation <ul><li>$6.4 million in cuts </li></ul><ul><li>A reduction of $1.7 million in the HEFTZIBA budget </li></ul><ul><li>Educational Schlichim cut by $900,000 </li></ul>
    16. 16. Impacting lives like Liza, a 12-year old from Khabarovsk in Russia
    17. 17. Facing the economic crisis TOGETHER

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