The Children’s Lodge Budget

Dr. Weintraub and FAR have developed a yearly budget to cover the costs for The Children’s Lodge and he asks that the project be started with a three-year commitment in order to ensure a good start and several years to maintain its viability. The total needed is $1,100,000. The complete budget can be found below.

Year One

Project director                           $35,000

Travel to Israel                            $15,000
and Per Diem

Stipend for Dr. Weintraub         $15,000

Total                                              $65,000

Year Two

Project director                           $35,000

Travel to Israel
and Per Diem                             $15,000

Stipend for Dr. Weintraub         $15,000

Total                                             $65,000

Year Three

Project director                          $35,000

Travel to Israel
and Per Diem                            $15,000

Stipend for Dr. Weintraub       $15,000

Total                                            $65,000

Three Year Total                      $195,000

FAR administrative costs
for three years @10%             $19,500

Project Contingency Fund      $75,000

Grand Total                               $289,500

Projected Jerusalem Budget for Three Years                

Rent                                           $75,000

Initial furnishing                      $75,000
and equipment

Salaries for                               $300,000
Personnel

Maintenance                            $165,000
and upkeep 

Transportation                         $165,000

Estimated repair and
renovation of Children’s
Lodge for our purposes         $30,500

Total                                          $810,000

Total Project Budget

Three Years                 $1,100,000