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3.

2009 Budget  (January 1, 2009 – December 31, 2009)

Changes to the 2009 Budget of JAFI

Whereas recent and ongoing economic decline in the United States, Keren Hayesod countries and Israel continues to create uncertainty as to the revenue to be received for core operations of  JAFI for 2009; and

 

Whereas this situation necessitates fiscal responsibility and a decrease in the budget framework and programs for 2009;

 

Therefore, be it resolved as follows:

 

1.       To decrease the framework of the operating budget for unrestricted activities of the Jewish Agency for Israel for the Fiscal Year January 1, 2009 through December 31, 2009, so that the current aggregate amount of $301.5M is decreased by $25.5M as detailed herein below:

 

a.    To decrease the budget framework and expenses in the amount of $28.4M as follows:

 

U.S. dollars in thousands

 

2009
Budget Changes

Source:

 

 

Reduction in core income (see appendix A)

-25,300

 

Exchange rate effect

-3,100

 

 Total

-28,400

 

 

 

Applications:

 

 

Additional needs (net, see appendix B)

11,700

 

Exchange rate effect

-11,600

 

Additional overhead & JAFI Wide reduction

-7,000

 

Reduction in programs

-21,500

     Total

-28,400

 

b.    to take the following steps towards implementing the above mentioned reduction in programs:

 

                                   i.    To authorize the Chair of the Budget and Finance Committee and the Treasurer, after consultation with the Chairs of the Board of Governors, the departmental committees and the relevant Budget & Finance subcommittees, to recommend to the Executive, not later than March 9, 2009, a detailed list of program reductions.

                                  ii.    The Executive shall make the necessary budgetary transfers required to meet the above cut in programs as amended, not later than March 16, 2009, and report such budgetary transfers to the Board of Governors not later than its meeting in June, 2009.

 

c.     To direct the Director General and the Director General of the Finance Department to put in place a mechanism to control spending and financial commitments during this interim period prior to the required abovementioned Executive approval, and a mechanism to control financial commitments that would involve expenditures after 2009. This will be done in order to protect JAFI's ability to comply with Budget revisions required as a result of the abovementioned Executive approval.

 

d.    To direct the Director General and the Director General of the Finance Department to report monthly to the Executive on the status of overhead reductions.

 

e.    To increase the budget framework and expenses in the amount of $2.9M for the expansion of programs financed by fee for services:

 

U.S. dollars in thousands

 

 

 

2009
Budget Changes

Source:

 

 

Fee for services

2,900

    Total

2,900

 

 

Applications:

 

 

Youth Aliyah

-100

 

Absorption Centers

3,000

    Total

2,900

 

2.       The Board notes that the Executive has resolved to make additional budget transfers at the request of the Operational Departments as detailed herein below:

 

U.S. dollars in thousands

Program

2009
Budget Changes

Immigration and Absorption Department:

 

Rescue, basic assistance and Promoting Aliyah

Aliyah 2000

414

Aliyah Activities

14

Marketing & Raising Awareness

1,459

Customer Support

-1,211

Closing the Deal – Aliyah

-234

Aliyah of Choice- Overseas

-1,000

Joint Emissaries

-30

Aliyah Shlichim

-790

Publications & Information for Potential Olim

-76

Pre Aliyah Tours

-308

Marva

-376

Interns

-151

Magen David Volunteers

-191

Aliyah promotion amongst tourists

-145

Marketing of Youth Programs

-31

Global Aliyah Center

-30

Mobile Shlichim

83

Aliyah Encouragement and Emissaries – Management

323

Aliyah promotion in Israel

1,297

Other Programs (includes exchange rate fluctuation reserve)

25

Total

-958

Mobilizing for all Olim

At Home and Together

-66

Integration Activities

-875

Information Centers

-71

Other Programs (includes exchange rate fluctuation reserve)

71

Total

-941

Help for Olim-in–need

Absorption Centers

-1,522

Social ,Cultural & Enrichment Activities

-558

First Home in the Homeland (new program)

100

Absorption facilities for young adults (new program)

230

Apartments for initial absorption (new program)

70

Grants for New Olim (new program)

2,400

Aliyah of Choice –Israel

-1,000

Initial Ulpanim

35

Kedma

65

Kibbutz Ulpans

275

Kindergartens & day camps in Absorp. Centers

1,109

Selah

-641

Atid

-54

Welfare Activities in Absorption Centers

-18

Transport of Olim from Absorption Centers to Permanent Housing

-8

Absorption in Israel – Management

226

Job Mart

-10

Other Programs (includes exchange rate fluctuation reserve)

-518

Total

181

Representatives & infrastructure

Departmental representatives & infrastructure

-200

Total

-200

Jewish peoplehood and identity of young Israelis

Conversion Programs

12

Total

12

Departmental Management

Departmental Management

193

Total

193

General

Additional cuts in infrastructure & other

870

Overhead reduction

843

Total

1,713

Grand Total

 

-

 

U.S. dollars in thousands

Program

 

2009
Budget Changes

Jewish Zionist Education Department:

 

Israel education, engagement and experiences for young Jews worldwide

Activities in Regions: Youth Movements

-33

CHI'L - Day Schools in the Diaspora

-66

ERDS - Training for Formal/Informal Educators

376

Summer/ Winter Camps (FSU and the rest of the world)

49

FSU – HEFTZIBA

24

FSU - Higher Education

62

FSU - Jewish Identity

62

Sunday School

35

ERDS - Volunteer Monitoring and Training

-47

FSU - Youth Activities

3

FSU - Youth & Students Activities

-79

FSU - Experience Programs

-63

Education Activities in the World

-287

Student Activities

-27

Educational Tech bridge

-59

R & D - Hebrew Language Study

-89

Publications

-3

Other Educators

34

Other FSU

4

Total

-104

Mutual connection and leadership

ERDS - Training for Formal/Informal Educators MACHON

-191

Total

-191

Representatives & infrastructure

Departmental representatives & infrastructure

-17

Total

-17

Departmental Management

Departmental Management

-367

Total

-367

General

Overhead reduction

679

Total

679

Grand Total

 

-


U.S. dollars in thousands

Program

2009
Budget Changes

Israel Department:

 

Shape the future of Israel together

Partnership 2000

-275

Total

-275

Priority regions

Young Communities

-25

Planning & Advocacy

-50

Total

-75

Representatives & infrastructure

Departmental representatives & infrastructure

-127

Total

-127

Departmental Management

Departmental Management

-414

Total

-414

General

Overhead reduction

541

Program reduction

350

Total

891

Grand Total

 

-

 

 

 

 

 

Appendices

 

Appendix A: Reduction in core income

 

U.S. dollars in thousands

Core income

 

UJC Collective

-18,000

Overbudgeting of KH income

-6,300

Other core income

-2,000

Management fees of pass-through donations

-500

GOI participation effect on income

1,200

WZO agreement effect on income

300

Total

-25,300

 

Appendix B: Additional needs

 

U.S. dollars in thousands

Expenses

 

Additional financial expenses resulting from deteriorated cash flow position

2,000

Reserve to cover written commitments not met by designated funds

7,000

GOI participation effect on expenses

-300

Delay in full implementation of structural change

2,000

Management fees of designated donations

1,000

Total

11,700

 


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