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 r • SAT • LSAT • GRE • GMAT 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. TEST PREPARATION CENTERS You worked hard in school. But so has everyone else who's taking the test. What you need is an edge. Our test preparation courses can be that edge. 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