Source: The UJA Federation of Greater Toronto
The Anne & Max Tanenbaum Community Hebrew Academy of Toronto (TanenbaumCHAT) and UJA Federation of Greater Toronto are excited to announce a total of $15 million in gifts – from two exceptionally generous donors – that will help ensure the affordability of TanenbaumCHAT and enhance the future of Jewish education in the GTA for the next generation.
The donations, comprised of a $10 million Jesin-Neuberger Foundation Gift; and a $5 million gift from an anonymous donor; together with additional fundraising, will result in a dramatic reduction in tuition from nearly $28,000 to $18,500 beginning in the 2017-18 school year and will maintain tuition under $19,000 for each of the next five years. This tuition reduction plan is an audacious step forward in realizing UJA’s strategic plan for day school affordability, and is a joint initiative of TanenbaumCHAT and UJA Federation of Greater Toronto.
“UJA’s strategic plan calls for bold moves to ensure the affordability of Jewish education and we are proud of this huge step,” said Adam Minsky, President & CEO, UJA Federation of Greater Toronto. “These visionary gifts will provide assistance to the many families who stretch to pay tuition and will enable hundreds of students to benefit from an exceptional Jewish high school education, strengthening our community for generations to come. This initiative underscores the value we place on Jewish education, as well as UJA’s commitment to providing as many families as possible with the opportunity to choose Jewish for their children.”
Read the entire article at the Jewish Toronto website.