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What is the financial viability of TT?

April 26, 2017financial TT viability

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What is the financial viability of TT?

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• Talmud Torah School is backed by the Talmud Torah Society. The Society raised funds in 1997 to buy the land and build the current school building all without a mortgage. • Through strong fundraising and skillful financial guidance, the Society has accumulated a building fund. This fund is to be used for future needs and serves as a guarantor of short term financial issues. • Talmud Torah is an annual recipient of the largest support from the Jewish Federation of Edmonton. • Talmud Torah receives financing from Alberta Education through the Edmonton Public School Board. • Talmud Torah has 12 restricted scholarship funds that were donated by families that deeply cared about the perpetual viability of the school. The funds are all directed with specific educational goals in mind. • Once every two years, the Talmud Torah Society has the right to conduct a casino through the auspices of Alberta Gaming.