(JTA) – The board of directors of the Foundation for Jewish Culture reportedly has voted to close its operations next year.
The 53-year-old foundation, a resource and advocacy group for Jewish culture and the arts in the U.S., will announce the closing this week, according to the New York Jewish Week.
The foundation currently has four staff members in New York and one in Los Angeles.
The foundation’s projected budget for this year was about $2 million, which it cannot meet, according to the Jewish Week.
The foundation has suffered from cuts to its budget from benefactor organizations, including the Jewish Federations of North America’s National Federation/Agency Alliance, whose funding of the foundation has decreased from about $700,000 a year to about $150,000, according to the Jewish Week.