As we begin a new Jewish and academic year at Yeshiva University, we simultaneously embark on the next chapter in YU’s remarkable history. These are exciting times for this unique and wonderful university and I want to share with you our progress to date in assuring YU’s well-being, and our plans for the future. At its recent meeting, the University Board of Trustees endorsed a Roadmap for Sustainable Excellence that will guide us as we meet the challenges of 21st century higher education.
Our mission is not in question, but we must accomplish it within our means. We have confronted challenges that put pressure on the financial health of YU. In the simplest terms, over the past distressed economic times, we struggled to build the university we needed. We invested in our University, but as the economy turned we experienced operating deficits that cannot continue.
Change surrounds us. Young people learn differently than they did a generation ago. New views of the world, new technologies and modes of communication, the impact of social media, all change our students’ experience and how they learn. Twentieth century education does not embrace a twenty-first century world. To advance our mission requires that we use our resources wisely and focus our energies to retool how that mission is achieved. The challenge must be addressed in terms of the processes and content of education, the infrastructure needed and its costs, and the resources we have and must access. It is our mandate to ensure that Yeshiva University continues to thrive for generations to come. So, we embrace change and eagerly address all challenges as they arise. The Roadmap for Sustainable Excellence charts our course. Read the rest of this entry…
President Joel, Student Leaders, Vice Presidents and Deans Accept ALS Ice Bucket Challenge
With a bucket of ice cold water poured over his head, Yeshiva University President Richard M. Joel officially accepted the Ice Bucket Challenge, a worldwide phenomenon that has helped raise awareness and tens of millions of dollars to fight amyotrophic lateral sclerosis (ALS), a life-threatening neurodegenerative disorder.
President Joel took on the challenge, and made a donation to ALS research, after receiving several nominations from students, alumni and Rabbis Yair Hindin and Zalman Teitelbaum at Albert Einstein College of Medicine. He also issued his own challenge Read the rest of this entry…
President Joel and Rabbi Penner Address Undergraduate Torah Studies Students on Wilf Campus
Undergraduate Torah Studies on the Wilf Campus officially kicked off on Monday, August 25 with an opening kennus to mark the beginning of a new zman at the Yeshiva University.
The kennus,which took place in the Lamport Auditorium, featured remarks from President Richard M. Joel and Rabbi Menachem Penner, Max and Marion Grill Dean of YU-affiliated Rabbi Isaac Elchanan Theological Seminary (RIETS), all connected to the themes of ahavat Yisrael and the upcoming month of Elul. In attendance were students, Roshei Yeshiva, faculty, and Chairman of the Board of Trustees Dr. Henry Kressel.
“On the one hand, the zman already started because this morning the beitmidrash was louder than ever before,” said Rabbi Penner. “But to establish something kodesh, we must have this special kennus.” Read the rest of this entry…
President Richard M. Joel Addresses Thousands at Community-Wide Rally in Support of Israel
More than 10,000 people gathered to show their support for Israel and its right to self-defense at a rally Monday afternoon, July 28, in Manhattan at Dag Hammerskjold Plaza outside the United Nations. The rally attracted throngs of passionate Israel supporters of all ages and backgrounds from across the region, including hundreds of children who traveled several hours by bus from their summer camps in Pennsylvania and upstate New York to be there.
Amid a sea of blue and white, participants waved Israeli and American flags and brandished signs proclaiming solidarity with Israel and condemning Hamas as a terrorist organization. Several dignitaries, politicians and religious leaders addressed the crowd, including Yeshiva University President Richard M. Joel. Read the rest of this entry…
Jacob “Jake” Harman Appointed Vice President of Business Affairs and Chief Financial Officer of Yeshiva University
Yeshiva University President Richard M. Joel has announced the appointment of Jacob “Jake” Harman as the new Vice President of Business Affairs and Chief Financial Officer, effective July 10, 2014.
“We are excited to make this announcement as Jake brings to YU a deep skill-set with more than 35 years of experience and expertise as a seasoned well-rounded financial executive,” said President Joel. “We are confident that Jake will provide new energy, focus, and commitment to YU’s finance operations at this important juncture in the University’s development of a long-term sustainable business model.” Read the rest of this entry…
Newly Graduated, Yeshiva University Alumni Find Career, Graduate School Success
As undergraduates, Yeshiva University students learn to balance a rich and vibrant range of academic, extracurricular and spiritual pursuits, dedicating themselves to rigorous Torah and secular study while discovering their passions, championing their beliefs and forming lasting friendships. So it’s no surprise that after commencement, they hit the ground running: more than 90 percent of YU graduates were employed, in graduate school, or both within 6 months of graduation, according to the most recent survey by YU’s Career Center.
“The fact that for the last six years, we’ve been at or above that 90 percent rate is impressive,” said Marc Goldman, executive director of the Career Center. “In particular, full time employment has risen even higher than in past years, with more than 85 percent of those employed working in full time positions—that number rises to more than 90 percent when you look at those who aren’t also in graduate school.”
In recent days, you have likely seen various articles about Yeshiva University’s investment performance, debt, and endowment. We stated we will not engage with the media further in this regard, but we believe it is important that you, as critical partners in Yeshiva’s present and future, know some key facts about Yeshiva’s financial situation, investment performance and policies.
Yeshiva University Students, Alumni Recognized in Jewish Week’s “36 Under 36″
Yeshiva University students and alumni continue to play a major role in shaping the Jewish community. In The New York Jewish Week’s 7th annual “36 Under 36” edition, several young social justice activists, educators and innovators from YU are recognized for their significant contributions to Jewish life:
“Despite the fact that I can never aspire to being counted as one of the 36 under 36, I am very proud and excited that Yeshiva University can count on so many of its graduates from so many of its different schools to direct their attention to making a difference in the Jewish world,” said President Richard M. Joel. “It’s a tribute to them and to the mandate to matter that is at the core of our mission.”
Seth Moskowitz Appointed Vice President for Institutional Advancement
Yeshiva University President Richard M. Joel has announced the appointment of Seth Moskowitz as vice president for institutional advancement. Moskowitz, who brings more than 35 years of management and fundraising experience with non-profit, political and communal organizations, succeeds Daniel Forman, who is assuming a new role with the University as senior philanthropic advisor, after 19 years spent leading advancement for YU.
“As a consummate professional, a man of deep Jewish passion, and a person with deep commitments both to education, the Jewish community and to the land of Israel, we are excited to invite Seth into the Yeshiva University family,” said President Joel. Read the rest of this entry…
Montefiore Health System and Yeshiva University Come to Historic Agreement for Future of Albert Einstein College of Medicine; Agreement Enhances and Strengthens Shared Missions in a More Sustainable Model
Montefiore Health System and Yeshiva University have come to an historic agreement to build upon a longstanding, 50-year relationship that has trained generations of physicians and medical researchers. A new entity will be jointly formed by Montefiore and Yeshiva, with Montefiore assuming greater responsibility for the day-to-day operations and financial management of Albert Einstein College of Medicine and with Yeshiva remaining the degree-granting institution with a key role in the educational aspects of the entity. Montefiore has agreed to assume significant governance and financial responsibility for the new Einstein entity.
“This agreement marks an important milestone for the future of each of our institutions as well as for healthcare as a whole,” said Steven M. Safyer, M.D., president and CEO, Montefiore. “We look forward to further strengthening Einstein as a major research institution that spans the scope from bench science to healthcare delivery transformation.”
The agreement enhances and strengthens the organizations’ shared missions of research, teaching, patient care and community service and will ensure Einstein remains a leading medical school.
“We are undertaking this historic process of transforming our relationship with Montefiore and Einstein to match the extraordinary opportunities and challenges in the healthcare environment of the 21st century,” said Richard M. Joel, president, Yeshiva University. Read the rest of this entry…