Union For Traditional Judaism - Financial Difficulties

Financial Difficulties

The Union for Traditional Judaism filed for bankruptcy in 2010 following a decrease in donations. It emerged from bankruptcy in January 2011, but had to sell its headquarters building in Teaneck, NJ in order to pay its debts. The building was purchased by Congregation Netivot Shalom, which had been UTJ's Teaneck congregation. Netivot Shalom subsequently broke from the UTJ.

Read more about this topic:  Union For Traditional Judaism

Famous quotes containing the words financial and/or difficulties:

    A theory of the middle class: that it is not to be determined by its financial situation but rather by its relation to government. That is, one could shade down from an actual ruling or governing class to a class hopelessly out of relation to government, thinking of gov’t as beyond its control, of itself as wholly controlled by gov’t. Somewhere in between and in gradations is the group that has the sense that gov’t exists for it, and shapes its consciousness accordingly.
    Lionel Trilling (1905–1975)

    The intellectual life may be kept clean and healthful, if man will live the life of nature, and not import into his mind difficulties which are none of his.
    Ralph Waldo Emerson (1803–1882)