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December 26, 1980 - Image 17

Resource type:
Text
Publication:
The Detroit Jewish News, 1980-12-26

Disclaimer: Computer generated plain text may have errors. Read more about this.

THE DETROIT JEWISH NEWS

UJA Trying to Encourage Early Payment of Pledges

Representatives of the 14 which supports programs
largest Jewish communities and services through the
in the nation met in Detroit Jewish Agency in Israel.
The national cash chair-
recently with United
Jewish Appeal National man pointed out that the
Cash Chairman Edgar L. continuing uneven flow of
Cadden to explore ways to cash from communities in
improve the flow of cash 1980 has once again created
the need for a record level of
Begin Guest
cash transmittals to UJA in
December. While calling on
of David Frost
all communities to respond
LONDON — Israel's to this immediate critical
Prime Minister Menahem need, he urged a basic re-
Begin was the guest of vision in community collec-
avid Frost in a recent tion procedures in 1981 and
-nterview on British televi- thereafter, to produce the
sion. The interview covered vitally needed steady flow.
such topics as the Palesti-
Irving Kessler, executive
nian refugee problem and vice president of the United
Begin's - leadership Israel Appeal (UIA), the
capabilities.
UJA constituent agency
"The problem of the refu- transmitting cash to the
gees ought to be solved in Jewish Agency, outlined
the same humane way in cuts in the Agency staff,
which similar problems had possible additional re-
been solved after the war in ductions in youth services,
he rest of the world," Begin and a general slowdown in
aid.
settlement programs that
"It is regrettable that have resulted from the un-
the 21 sovereign Arab even flow of cash.
states, which possess all
Kessler emphasized
the financial and mate- that high inflation con-
rial resources needed to tinues to devalue pledges
resettle the Palestinian until they are actually
refugees, have refused to collected and transmit-
do so because they prefer ted to Israel.
to keep the problem boil-
"Every dollar being sent
ing against us."
to Israel," he said, "is worth
Frost asked Begin far less than its value two
whether because of his ina- years ago in terms of what it
bility to compromise over will buy."
the West Bank, he might be
UIA Comptroller Harold
"the wrong man to lead Is- Goldberg added that the
rael now." The prime minis- delay in collecting and
ter replied that it was not up transmitting cash has
to him to _answer such a forced the Jewish Agency to
question, that it was up to the limits of its borrowing
the people of Israel.
capacity in order to con-
tinue essential services.
Benevolence is allied to
few vices; selfishness to
"The indebtedness of the
fewer virtues.
Jewish Agency is now at

$650 million," Goldberg
stated. "That is $50 million
more than it was just two
years ago."
According to Cadden,
cash received by the na-
tional UJA in November,
December and January
now accounts for more
than 70 percent of the
total received annually.
This forces overseas
agencies which depend
on cash during the lean
months to borrow in
order to meet expenses.
The interest rate for these
short term loans can go
as high as 30 percent an-
nually.
The most effective alter-
native to this situation,
Cadden suggested, would be
for all communities to fol-
low the lead of several of the
"Big 14" by transmitting
annual allocations to UJA
in proportionate monthly
amounts, rather than in one
or two lump sum payments.
This would greatly alleviate
the Jewish Agency's cash
flow position.
Another problem dis-
cussed was the timing of the
actual payment of pledges
by contributors to the local
federations.
"On the average, 60 per-
cent of all pledges are nor-
mally collected in the year
they are pledged," Cadden
reported. "The remaining
balance usually comes in
during the following year. If
we can accelerate the
pledge-year level to .70 per-
cent, we will add another
$50 million annually avail-
able for allocation. That's a
lot of money that won't have
to be borrowed."
Cadden also asked

Friday, December 26, 1980 17

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communities with sub-
stantial past due ac-
counts to carry out ag-
gressive programs for
collecting these pledges.
The Detroit delegation, as
host community, closed the
meeting by resolving to
recommend that their fed-
eration join the growing
number sending cash to Na-
tional UJA in even monthly
amounts.

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