Another Jewish social service agency has replaced FEGS as New York City’s largest social service group. The Jewish Board of Family and Children’s Services, or JBFCS, is taking over $75 million worth of government and other contracts formerly filled by the Federation Employment Guidance Services, which shocked many in the nonprofit and Jewish community when…
The overseas aid and development group American Jewish World Service plans to lay off its community organizing staff two years after announcing a new focus on political advocacy to support its mission. Stuart Schear, the group’s vice president for communications, said that while AJWS was able to raise millions of dollars targeted for overseas aid,…
FEGS, the giant Jewish social service agency, filed for bankruptcy in the Eastern District of New York on March 18, the latest step in the months-long collapse of the massive charity. The Chapter 11 filing comes nearly two months after FEGS admitted it would close amid mounting financial problems. Concurrent with the filing, FEGS announced…
The Jewish social services behemoth FEGS Health & Human Services will soon file for bankruptcy, the Forward has learned. That filling could come as early as March 18, according to someone with knowledge of the decision, who asked not to be named because of the confidential nature of the process. FEGS did not respond to…
The Jewish social service charity FEGS dumped increasingly large sums into a for-profit subsidiary in the years prior to its mysterious downfall in January, the Forward has learned. The AllSector Technology Group, a for-profit corporation owned by FEGS, was meant to earn money for FEGS. Instead, in 2011, FEGS began paying out massive sums to…
Funding for the Department of Homeland Security passed by Congress Tuesday includes $13 million for security at religious and other nonprofit institutions. The Orthodox Union, Jewish Federations of North America and Agudath Israel of America applauded the passage of the funding bill, which still needs to be signed into law by President Barack Obama. The…
Illustration by Forward staff Earlier this week, the Forward ran my story on a small New York accounting firm that audits a ton of Jewish charities — including two that have faced recent scandals. A tipster called today to tell me about a third scandal-wracked Loeb & Troper client: YAI, a tremendous New York charity…
Two New York Jewish charities rocked by scandal in recent months have something in common: They were both audited by the accounting firm Loeb & Troper. For years, this small, Manhattan-based firm audited the financial reports of FEGS, which announced in January it would close after uncovering a previously undetected $19 million deficit. The firm…
100% of profits support our journalism
