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Response from Yeshiva University to NYT Hit Piece Questioning Use of Gov. Funds

By 01/15/2023 3:33 PMNo CommentsBy YidInfo Staff

Yeshiva University has responded to claims made by local lawmakers and the media that the school is not entitled to the millions of dollars in government assistance it received.

To be eligible for more than $230 million in public money, YU “misrepresented” itself as a secular institution, according to three state senators.

They wrote a letter, signed by State Sens. Brad Hoylman, chair of the judiciary committee, Liz Krueger, chair of the finance committee, and Toby Ann Stavisky, chair of the committee on higher education, and asked Y.U. account for funds obtained by the institution through a public financing and construction agency in 2009 and 2001 for campus renovations.

According to the letter, the institution agreed that the money would not be used to build places of “sectarian religious education or religious worship.”

Was Yeshiva University Entitled to $230 Million in Public Funds? is the heading of an article that appeared in The NY Times on Thursday.

The following is an excerpt from the article: “…a group of high-ranking state lawmakers said it appeared that the flagship Modern Jewish Orthodox school might have misrepresented itself as a secular institution on at least two occasions to qualify for more than $230 million in public funds to build and renovate its facilities and restructure its pre-existing debts.”

 

 

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bobby bracros

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