Up less than 1 percent in ‘challenging environment’; some donors ‘can no longer give.’
Despite the lingering economic difficulties, the UJA-Federation of New York raised a total of $188 million in the fiscal year that ended June 30. This figure, which includes revenue from a variety of sources, represents a $7 million increase from the amount raised in 2010.
But the recession is still taking a toll on the federation’s Annual Campaign, which has remained largely flat during the past three years. In 2011, the annual campaign that ended June 30 brought in $137 million, up $1 million (less than 1 percent) from the previous year.
Charity’s annual drive raised $136 million in bad economic year; same figure as last year.
John M. Shapiro, the organization’s outgoing president, said the 2010 annual campaign actually exceeded projections by $2 million, thereby enabling UJA-Federation to provide “the dollars needed to help throughout the New York community.”