Friday, April 25, 2008

Yeshiva University

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.

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