Mission
"Now in its second century, Yeshiva
University (YU) ranks among the
nation's leading academic research
institutions. It embraces the heritage
of the best of western civilization,
along with the ancient traditions of
Jewish law and life. YU's undergraduate
schools and divisions include Yeshiva
College, Stern College for Women, and
Sy Syms School of Business. And together
with its graduate and affiliated schools, the
university embraces knowledge in the arts,
sciences, and professions, as well as the
breadth and richness of Jewish culture and
thought. Nearly 7,000 students, from 38
states and 55 countries, study at YU's four
campuses, and they are taught by 4,714
faculty members.”
Recent News
YU recently announced that scholars from
around the world including Jews, Christians,
and Muslims, will gather at Yeshiva
University for a two day conference in May
to discuss the Temple Mount. The conference
entitled, “The Temple of Jerusalem: From
Moses to the Messiah” will inaugurate YU’s
Center for Israel Studies. “The
multidisciplinary center – a manifestation of
the longstanding relationship between YU
and Israel – supports research, conferences,
publication, museum exhibitions, public
programs, and educational opportunities to
enhance awareness and study of Israel in all
its complexities. The center seeks to be a
national and international forum for
engagement of the political, economic, social,
historical, religious, and cultural significance
of Israel in the world community.”
Efficiency Rating
According to Charity Navigator
(www.charitynavigator.org),
America’s leading charity evaluator,
Yeshiva University has an overall rating
of four stars, (the highest rating.) Charity
Navigator provides the following
financial breakdown of YU based on
990 tax returns through 2005:
Overall Rating ****
Organizational Efficiency
Program Expenses 94.2%
Administrative Expenses 3.5%
Fundraising Expenses 2.2%
Fundraising Efficiency $0.05
(YU spends $0.05
to raise $1.)
Efficiency Rating ****
Organizational Capacity
Program Revenue Growth 5.7%
Program Expenses Growth 8.4%
Working Capital Ratio (years) 0.96
(YU can sustain itself
for 0.96 years without
generating new revenue.)
Capacity Rating ****
Organizational Capacity refers to an
organization’s ability to sustain itself
over time. Charities that exhibit
consistent revenue and expenses growth
are more likely to sustain its programs
and services over the long haul.
Yeshiva University is a highly efficient
non-profit organization in that a large
portion of its expenses reach its target –
university programs. It has also
demonstrated a consistent rate of revenue
and expenses growth. Thus, it is likely to
sustain its programs and services over the
long haul.
YU has net assets of $1,802,441,092.
Compensation for its president, Richard
Joel is $642,457 which is 0.12% of
expenses.
For comparison purposes, George
Washington University, with net assets of
$1,357,675,572 has been given an overall
rating of three stars from Charity Navigator.
Next Week’s Blog: AMIT.
Friday, April 25, 2008
Saturday, April 19, 2008
The Blue Card
The mission of The Blue Card is to provide
direct financial assistance, with a minimum
of obstacles, in a caring and dignified manner
to needy Jewish survivors of Nazi persecution
and their families in the United States. There
are 175,000 Holocaust survivors living in the
United States and approximately one-half live
at or near the Federal poverty level. The Blue
Card offers its help in three types of programs:
emergency cash assistance, monthly stipends,
and Jewish holiday gifts. Most of the Holocaust
survivors served by The Blue Card are part of
this group. Many of these survivors never
received any restitutions or pensions, or were
not "qualified" to receive any of the other
payments administered by The Claims
Conference. Some live on small Social Security
payments and, though they may be insured
under Medicare, they are unable to pay for
Medigap coverage and prescription drugs.
Those who qualify for Medicaid often need the
care of specialists or drugs not covered by
Medicaid, and are frequently desperate for
uncovered services such as dental care. It is
impossible for Holocaust survivors to receive
such services and assistance without our help.
The Blue Card recently initiated a program
in which it provides survivors with a device,
the Personal Emergency Response System
(PERSYS), that is worn around the neck
and could mean the difference between life
and death for homebound seniors living alone.
With one click on the device, a senior is able
to summon emergency personnel. PERSYS is
provided by the Amcest Corporation of
Rochelle, New Jersey.
According to Charity Navigator
www.charitynavigator.org,
America’s leading charity evaluator,
The Blue Card as an overall rating of
four stars (four stars is the highest rating.)
Charity Navigator provides the following
financial breakdown of The blue Card
based on 990 tax returns through 2006:
Overall Rating ****
Organziationl Efficiency
Program Expenses 89.3%
Administrative Expenses 5.4%
Fundraising Expenses 5.2%
Fundraising Efficiency $0.05
(The Blue Card spend $0.05
to raise $1.)
Efficiency Rating ****
Organizational Capacity
Program Revenue Growth 8.6%
Program Expenses Growth 14.6%
Working Capital Ratio (years) 1.92
(The Blue Card can sustain
Itself for 1.92 years without
generating new revenue.)
Capacity Rating ****
Organizational Capacity refers to an
organization’s ability to sustain itself
over time. Charities that exhibit
consistent revenue and expenses growth
are more likely to sustain its programs
and services over the long haul.
The Blue Card is a highly efficient non-profit
organization in that a large portion of its
expenses reach its target – Holocaust
survivors. It has also demonstrated a
consistent rate of revenue and expenses
growth. Thus, it is likely to sustain its
programs and services over the long haul.
The Blue Card has net assets of $2,186,127.
Compensation for its executive director,
Elie Rubinstein, was $47,489 which is 4.18%
of expenses.
For comparison purposes, Charity Navigator
has given the Community Services Society
of New York an overall rating of three stars.
Next week’s blog: Yeshiva University.
direct financial assistance, with a minimum
of obstacles, in a caring and dignified manner
to needy Jewish survivors of Nazi persecution
and their families in the United States. There
are 175,000 Holocaust survivors living in the
United States and approximately one-half live
at or near the Federal poverty level. The Blue
Card offers its help in three types of programs:
emergency cash assistance, monthly stipends,
and Jewish holiday gifts. Most of the Holocaust
survivors served by The Blue Card are part of
this group. Many of these survivors never
received any restitutions or pensions, or were
not "qualified" to receive any of the other
payments administered by The Claims
Conference. Some live on small Social Security
payments and, though they may be insured
under Medicare, they are unable to pay for
Medigap coverage and prescription drugs.
Those who qualify for Medicaid often need the
care of specialists or drugs not covered by
Medicaid, and are frequently desperate for
uncovered services such as dental care. It is
impossible for Holocaust survivors to receive
such services and assistance without our help.
The Blue Card recently initiated a program
in which it provides survivors with a device,
the Personal Emergency Response System
(PERSYS), that is worn around the neck
and could mean the difference between life
and death for homebound seniors living alone.
With one click on the device, a senior is able
to summon emergency personnel. PERSYS is
provided by the Amcest Corporation of
Rochelle, New Jersey.
According to Charity Navigator
www.charitynavigator.org,
America’s leading charity evaluator,
The Blue Card as an overall rating of
four stars (four stars is the highest rating.)
Charity Navigator provides the following
financial breakdown of The blue Card
based on 990 tax returns through 2006:
Overall Rating ****
Organziationl Efficiency
Program Expenses 89.3%
Administrative Expenses 5.4%
Fundraising Expenses 5.2%
Fundraising Efficiency $0.05
(The Blue Card spend $0.05
to raise $1.)
Efficiency Rating ****
Organizational Capacity
Program Revenue Growth 8.6%
Program Expenses Growth 14.6%
Working Capital Ratio (years) 1.92
(The Blue Card can sustain
Itself for 1.92 years without
generating new revenue.)
Capacity Rating ****
Organizational Capacity refers to an
organization’s ability to sustain itself
over time. Charities that exhibit
consistent revenue and expenses growth
are more likely to sustain its programs
and services over the long haul.
The Blue Card is a highly efficient non-profit
organization in that a large portion of its
expenses reach its target – Holocaust
survivors. It has also demonstrated a
consistent rate of revenue and expenses
growth. Thus, it is likely to sustain its
programs and services over the long haul.
The Blue Card has net assets of $2,186,127.
Compensation for its executive director,
Elie Rubinstein, was $47,489 which is 4.18%
of expenses.
For comparison purposes, Charity Navigator
has given the Community Services Society
of New York an overall rating of three stars.
Next week’s blog: Yeshiva University.
Friday, April 4, 2008
Drisha Institute for Jewish Education
The Drisha Institute for Jewish Education (DIJE)
provides the following mission statement on its
website (www.drisha.org):
A forum for empowering women to be Jewish
scholars and educators, Drisha Institute was founded
in 1979 by Rabbi David Silber as the world's first
center for women's advanced study of classical Jewish
texts. Today, Drisha offers a wide variety of
educational initiatives including full-time programs
with a leadership development track, summer institutes,
a summer high school program, a Bat Mitzvah program,
continuing education programs and community lectures.
Thousands of people — from the New York area as well
as from around the world — participate in Drisha
programs annually.The long-term impact of Drisha on the
worldwide community is reflected in the informed voice
and active leadership of the women who have graduated
from Drisha and now serve as scholars, educators, and
role models in every sphere. They address issues at public
forums, develop curriculum in day schools and after-school
programs, and shape community initiatives that foster
spiritual growth and knowledge. Drisha has played a
leading role in moving the agenda on feminism and
women's leadership in the traditional Orthodox
communityfor the past 25 years.
According to Charity Navigator
www.charitynavigator.org, America’s leading charity
evaluator, DIJE has an overall rating of two stars
(four stars is the highest rating.) Charity Navigator
provides the following financial breakdown of DIJE
based on 990 tax returns through 2006:
Overall Rating **
Organizational Efficiency
Program Expenses 72.5%
Administrative Expenses 16.1%
Fundraising Expenses 11.2%
Fundraising Efficiency $0.21
(DIJE spend $0.21 to
raise $1.)
Efficiency Rating *
Organizational Capacity
Program Revenue Growth -12.7%
Program Expenses Growth 10.3%
Working Capital Ratio (years) 1.42
(DIJE can sustain itself
for 1.42 years without
generating new revenue.
Capacity Rating ***
DIJE operated with a deficit of $770,464 for the fiscal year
of 2006. It was forced to dip into its net assets in order to
meet expenses.
Charity Navigator has given DIJE the low efficiency rating
of one star because percentage wise it gives too little revenue
to the programs mentioned in its mission statement and it
uses to much of its revenue for administrative and
fundraising expenses. Compensation for its two chief officers
is almost 15% (see below) of expenses. Efficient non-profits
spend approximately 2% of its expenses on their two chief
officers. For example, the compensation of Ruth Messenger,
the president of the American Jewish World Service (AJWS),
is $191,000 which is 0.79% of expenses of the AJWS. Charity
Navigator has given AJWS an overall four star rating.
(See my blog entry of February 9, 2008 for analysis of
AJWS.)
The Drisha Institute for Jewish Education had net assets of
$3,414,884. Compensation for its executive director,
Daniella Weiss, was $170,000 which is 7.58% of expenses.
The compensation for its founder and dean, David Silber,
was $163,400 which is 7.28% of expenses.
For comparison purposes, the New York Landmarks
Conservancy has also been given an overall two star
rating by Charity Navigator.
Next week’s blog: The Blue Card
provides the following mission statement on its
website (www.drisha.org):
A forum for empowering women to be Jewish
scholars and educators, Drisha Institute was founded
in 1979 by Rabbi David Silber as the world's first
center for women's advanced study of classical Jewish
texts. Today, Drisha offers a wide variety of
educational initiatives including full-time programs
with a leadership development track, summer institutes,
a summer high school program, a Bat Mitzvah program,
continuing education programs and community lectures.
Thousands of people — from the New York area as well
as from around the world — participate in Drisha
programs annually.The long-term impact of Drisha on the
worldwide community is reflected in the informed voice
and active leadership of the women who have graduated
from Drisha and now serve as scholars, educators, and
role models in every sphere. They address issues at public
forums, develop curriculum in day schools and after-school
programs, and shape community initiatives that foster
spiritual growth and knowledge. Drisha has played a
leading role in moving the agenda on feminism and
women's leadership in the traditional Orthodox
communityfor the past 25 years.
According to Charity Navigator
www.charitynavigator.org, America’s leading charity
evaluator, DIJE has an overall rating of two stars
(four stars is the highest rating.) Charity Navigator
provides the following financial breakdown of DIJE
based on 990 tax returns through 2006:
Overall Rating **
Organizational Efficiency
Program Expenses 72.5%
Administrative Expenses 16.1%
Fundraising Expenses 11.2%
Fundraising Efficiency $0.21
(DIJE spend $0.21 to
raise $1.)
Efficiency Rating *
Organizational Capacity
Program Revenue Growth -12.7%
Program Expenses Growth 10.3%
Working Capital Ratio (years) 1.42
(DIJE can sustain itself
for 1.42 years without
generating new revenue.
Capacity Rating ***
DIJE operated with a deficit of $770,464 for the fiscal year
of 2006. It was forced to dip into its net assets in order to
meet expenses.
Charity Navigator has given DIJE the low efficiency rating
of one star because percentage wise it gives too little revenue
to the programs mentioned in its mission statement and it
uses to much of its revenue for administrative and
fundraising expenses. Compensation for its two chief officers
is almost 15% (see below) of expenses. Efficient non-profits
spend approximately 2% of its expenses on their two chief
officers. For example, the compensation of Ruth Messenger,
the president of the American Jewish World Service (AJWS),
is $191,000 which is 0.79% of expenses of the AJWS. Charity
Navigator has given AJWS an overall four star rating.
(See my blog entry of February 9, 2008 for analysis of
AJWS.)
The Drisha Institute for Jewish Education had net assets of
$3,414,884. Compensation for its executive director,
Daniella Weiss, was $170,000 which is 7.58% of expenses.
The compensation for its founder and dean, David Silber,
was $163,400 which is 7.28% of expenses.
For comparison purposes, the New York Landmarks
Conservancy has also been given an overall two star
rating by Charity Navigator.
Next week’s blog: The Blue Card
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