The tough economic climate is hitting deep into the usually well-insulated non-profit sector. Part of the explanation of this is that many endowments that should have stayed conservative in the management of their funds got far too aggressive with their investments - and lost large amounts of money.
Lasday: For right now, CAJE will not close its doors
By Jacob Berkman
Over the past several weeks, I have heard a number of rumors that CAJE, the Coalition for the Advancement of Jewish Education, could possibly be closing its doors. Among other things this would mean that CAJE, the organization that is the primary resource for secondary school and religious school educators, might not hold its annual conference this summer....more