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Impact  of economic crisis on our beneficiaries November 2008
Every year  2 million  people around the world depend on the services of the Jewish Agency
Many are now in jeopardy.
But many are now in jeopardy. Global Economy Changes in past 2 years ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
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
Reality check in Israel Total dollar budget of programs unchanged; Shekel budget  to implement has decreased dramatically .
Net result 2008:  Financial challenge totaling over  $20 million 2009:  Extreme measure of slashing  $45 million  from 2009 budget
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
Programs in Peril
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
Immigration and absorption ,[object Object],[object Object],[object Object]
Impacting lives like Raphael, a lone soldier from France
Effecting social change in Israel ,[object Object],[object Object],[object Object]
Impacting lives of at-risk Israeli youth like Dvir
Connecting the next generation ,[object Object],[object Object],[object Object]
Impacting lives like Liza, a 12-year old from Khabarovsk in Russia
Facing the economic crisis TOGETHER

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Programs In Peril

  • 1. Impact of economic crisis on our beneficiaries November 2008
  • 2. Every year 2 million people around the world depend on the services of the Jewish Agency
  • 3. Many are now in jeopardy.
  • 4.
  • 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. Reality check in Israel Total dollar budget of programs unchanged; Shekel budget to implement has decreased dramatically .
  • 7. Net result 2008: Financial challenge totaling over $20 million 2009: Extreme measure of slashing $45 million from 2009 budget
  • 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
  • 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.
  • 12. Impacting lives like Raphael, a lone soldier from France
  • 13.
  • 14. Impacting lives of at-risk Israeli youth like Dvir
  • 15.
  • 16. Impacting lives like Liza, a 12-year old from Khabarovsk in Russia
  • 17. Facing the economic crisis TOGETHER

Notes de l'éditeur

  1. 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.