The AJCongress appears ready to shut it’s doors.
Due to hefty financial losses from the Madoff scandal and other factors including the lack of a broad donor base and no real clear name recognition in similar manner to Bnai Brith Youth Organization and B’nai B’rith, The AJCongress has experienced some tough times as of late.
The AJCongress has been around for a while, 92 years to be exact, so I anticipate that they won’t just close up shop but rather look for a merger with another Jewish organization. Â AJCommittee’s name has been floated around as a good possible merger candidate.
Stay tuned as I’m sure we’ll have more news in the next few weeks as to the fate of the AJCongress.