![]() ![]() “The size of the challenge,” he exhorted the crowd, “does not change our likelihood of success.” “This expansion of the donor base,” explained one of the askanim involved in this campaign, “will not only address the current needs as we approach Yom Tov, but will go a long way toward ensuring long-term sustainability.”Īt the urgent meeting in Bell Works, Rav Carlebach, in his opening remarks, said that we learn from the fact that Hakadosh Boruch Hu is described as the “Ish Milchamah” that we must emulate Him by accepting that our job is to act. There remain many untapped donors, who can – and would be willing to – become part of the group of dedicated supporters of Mir Yerushalayim, but have not been connected to the yeshiva as of yet. While fundraising for the yeshiva has increased significantly, the growth in the number of donors has not been commensurate with the budgetary increases.Ī campaign, currently being launched, will seek to change that so that the Mir can sustain the growth of its kollel. The Mir has raised the average kollel stipend in an attempt to keep pace with the rising costs of living. In the past 5-6 years, the kollel budget has increased at an over 50% clip. The Mir kollel, it was explained, comprises 75% of the yeshiva’s budget. ![]() The long-term goal? To ensure the Mir’s financial stability moving forward. The short-term goal? To “catch up” the yungeleit’s paychecks before Yom Tov. Arriving at Bell Works in Holmdel, NJ, the special guests met with 150 close friends of the Mir to apprise them of the current matzav of the yeshiva. It is due to this accumulated deficit that the rosh yeshiva, Rav Eliezer Yehuda Finkel, accompanied by Rav Binyomin Carlebach, made a special trip to the United States this past week – remaining on these shores for just six hours. This reality has been compounded by cuts made by the Israeli government to funding provided to mosdos haTorah in recent years.Īll the while the Yeshiva continues to grow both in quality and quantity. With a significant decrease in the value of the dollar, donations to Mir Yerushalayim are not covering as much of the yeshiva’s budget as they used to, necessitating an additional influx of funds, which are desperately needed to cover the shortfall. The short answer is that the American dollar has taken a hit, and has remained at a low for an unprecedented length of time. Those are the questions we – all caring Yidden, concerned about Torah in general and Mir Yerushalayim in particular – should be asking. ^ a b "Charles Tyrwhitt CEO quits, Luke Kingsnorth to take over the reins".^ "David Boynton becomes Charles Tyrwhitt CEO". ![]()
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