Financials

Tikva's operating budget in 2008 was $12 million. This budget, however, provided only the bare necessities required for a stable, healthy, and productive life for our children. In light of the current worldwide economic crisis, we have substantially slashed our budget across all categories.  Even so, in order to continue providing basic programming, education, shelter and social services for close to 1000 children in Ukraine and essential educational and supportive services to over 350 graduates living in Israel in 2010, and to keep pace with escalating rates of Ukrainian inflation (in the double digits in 2008), we estimate that we will need a minimum of approximately $7 million.

Our staff already stretches every dollar as far as it will go. They negotiate for every cost and take every measure to maximize precious resources. They would like to be able to promise our children the same thing they wish for their own - a bright future with limitless possibilities for success. They cannot make these possibilities available without a team behind them to ensure the money will be there, not only for necessities and additional boys and girls, but also for new computers and printers, software and reference books, athletic gear, karate and music lessons, camping excursions and holidays, vocational training and language tutoring.