The Lubavitch movement is set to turn a corner in its battle against debt with plans for two more of its schools to become state-aided.
Its senior girls’ and boys’ primary schools hope to have aided status approved by Hackney Learning Trust early next year, joining the girls’ primary, which became voluntary-aided in 2004.
Chabad Lubavitch UK chief executive, Rabbi Bentzi Sudak, said state aid would “fundamentally change the landscape for the organisation. Aside from higher educational standards for the future leaders who will graduate from our schools, aided status will significantly reduce the load, enabling us to invest more resources directly into outreach, social services and new innovations for a changing Jewish community.”
Lubavitch schools exact a heavy toll on the organisation’s finances, operating at a deficit of £820,000 in 2009, according to the movement’s accounts for that year, which were finally submitted to the Charity Commission last month, a year after they were due.
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