KKL-JNF approves its largest budget ever

February 16, 2014 20:11


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

Keren Kayemeth LeIsrael-Jewish National Fund (KKL-JNF) has approved its largest ever budget in its 113-year history, allocating NIS 987 million for the year 2014. Including donations, development budgets and matching budgets the total volume will reach up to NIS 1.29 billion for the year, the organization said.

About 30 percent of the budget goes to fixed costs such as firetrucks, security, wages, property taxes and maintenance, according to KKL-JNF. The total operational budget for 2014 will be about NIS 586m., or 60% of the budget, and the remaining 10% will go to exogenous purposes.

The budget is 7% higher than that of 2013 and 35% higher than 2010, jumps that KKL-JNF attributes to investments in efficiency plans and programs to increase revenue.

Related Content

Breaking news
July 21, 2018
Gaza borders communities resume everyday life