Sunday, May 11, 2014

5 11 2014








To
  • phochfelder@bccny.com
  • mkuflik@bccny.com
  • janegail.orringer@yahoo.com
  • ggoldstein@whitneygroup.com
  • Eric Coopersmith
  • rhorowitz@aish.com
  • aaron@wolfsongroup.com
  • shytman@sympatico.ca
  • adanhytman@sympatico.ca
  • brabinowitz@aish.com
  • yblackman@thejerusalemkollel.com
  • ajs@shechtel1.com
  • eshore@aish.com
  • csampson@aish.com
  • ajacobs@aish.com
  • Daniel Stein














Dear All,
At this point you are all aware of the proceedings between Rabbi Greenman and myself. The fact that this has reached this point is difficult for me to comprehend. Never did I expect such viciousness and egregiousness to occur! I am appealing to you again to intervene and stop this madness from continuing.

Following is some more information attesting to the fact that Yitz was desperate for a potential scapegoat to justify the dwindling accounts of Aish NY. Over the last five years or so, Aish NY has consistently run a deficit , spending more than they brought in, tapping into their savings account to sustain operations. It became far easier to blame everything on me than to take personal responsibility for the situation. Yitz's mantra of "How is it possible for Jacob to be so rich?" can go only so far. At the end of the day, there is a paper trail and one needs to only go through all the documentation to see that as I stated before, we were fortunate to purchase real estate over 15 years ago, that B"H appreciated tremendously in value. Virtually all our net income can be traced to real estate appreciation.
______________________________________________________________

On Friday, November 1, 2013 2:16 PM Rabbi Greenman wrote to my wife:

"In the recent past, ie the last 5 years my fundraising has sunken [or so i thought] and our accounts started dwindling and I wondered why.  I never questioned your husband of stealing our money but rather I questioned myself.  Believing that Hashem had stopped bentching me, I decided to continue my avodas HaKodesh elsewhere.  Two months ago I went to a VERY large institution and approached them discreetly about working for them and bringing my staff onto theirs.  We had several in depth meetings and they were/ and still are, very interested in me leaving Aish and coming to work for them.  They had their most senior staff meet with me.  They responded unanimously that they want me to join and partially run their team.  I determined that this must be the hashgochos Hashem.  I can raise money for them and they will keep my staff [i had in mind to take your husband along with me] and the money I raise will go towards kiruv.  It pained me [and leah] greatly that I would be leaving Aish [where i've been for 30 years], but Hashem stopped bentching me [or so i thought] and therefore I needed to make a move to maximize my efforts for the klal.


I was close to signing with them and BANG all of this happened.  Now I am very reluctant to sign with them and they are wondering: "what happened with Yitz??" and I am keeping them at bay right now.  Hashgacha pratis."


Please refer to the facts that I am presenting to you. I have enclosed the list of every donation that Rabbi Greenman received since 2009 - thru mid Sept. 2013 - As you have seen in the above email, Rabbi Greenman is blaming me for his precarious plunge in donations. As can be seen from the attached lists - its ridiculous to say that I had anything to do with that. EVERY donation we received was PROPERLY RECORDED AND PROCESSED. I challenge anyone to come up with ANY discrepancy. 

Our budget was complex and an added complexity was that  our internal budget was partially based on the Jewish calendar and a budget year included trips that occurred in Jan. of the following year. That means that our budget year didnt 'close' until April of the following year - as we were still getting bills for the Jan. events thru April.
Here is a summary of Aish Connections Revenues / Expenses and comparisons to the audited financial statements:



Total Revenues Total Expenses Net Income / Loss Per Audited Financials



Budget Yr. Calendar Yr.
2009 $2,833,707.32 $3,551,673.00 -$717,965.68 -$225,671.00
2010 $3,299,059.14 $4,039,512.00 -$740,452.86 -$1,427,049.00
2011 $2,542,602.60 $4,087,000.00 -$1,544,397.40 -$1,029,636.00
2012 $1,923,897.50 $2,884,150.00 -$960,252.50 -$800,045.00
2013 – thru Sept. 2013 $1,109,520.00 $3,284,861.00 -$2,175,341.00


2013 Exp. Projected thru end of 2013








Total 2009-2012: -$3,963,068.44 -$3,482,401.00
Difference being the Budget Yr. Vs. Calendar yr. (timing of recognition of Income and Expenses)














The list of all the donations is attached (you can also get it with this link Yitz's donors $1K and up 2009 thru Sept 2013.xls - Google Drive) . It was sorted by date and than another list by the donor (look at the tabs). Please let me know if you find ANY discrepancy. I also would reiterate that the budget expenditures were always VERY carefully reviewed by Nik Davidson and David Markowitz - every expense dollar that was put on the budget was reviewed multiple times by the department heads and than by the COO and than finally by Rabbi Greenman. 


Yitz's donors $1K and up 2009 thru Sept 2013.xls - Google Drive
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Much of the decline in donations can be traced to Mr. Anonymous. Aish NY as of 2010 started to deal with his foundation head, Rabbi Charendorff, who insisted on tying donations to actual programming - not to general operations. The decline in the donations was hard to adjust to as mostly the budget was tied to salaries.


Aish NY is a very top heavy organization. The Exec. Director's salary of about $400K, the COO at $200K, Rabbi Markowitz at $150K, the other rabbis at an average of $120K each consumed far in excess of half the total budget. 

Any accountant reviewing Aish NY accounting needs to understand the relationships between the different 'departments' such as Aish NY (Connections), Aish UK, Inspire, Aish Center etc. before drawing any conclusions.

Another point that Rabbi Greenman discusses is his desire to move on to lead another organization. That's - Ohr Israel - a yeshiva in Monsey, and in fact recently funneled over 100K to them - from Aish NY budget. 

Rabbi Greenman's refusal to have an audit done, blaming me without giving me the benefit of the doubt, or even questioning me should be an indication to what is going on here.

In the court documents, Aish NY's attorneys suggests that even if I can PROVE now that I have done nothing wrong it should not change the court's view and the court should blindly rubber stamp this faulty arbitration. 

PLEASE don't let this happen. How can you? All I am asking is a fair and impartial opportunity to prove what I have said repeatedly. This arbitration was from the beginning an outright attempt to discredit and intimidate me with blatant disregard to basic halachah and mentchlichkeit, to say the least.
I am asking that this lawsuit be suspended.
Until I am heard, it is not appropriate for Rabbi Greenman to say one sidedly that this is all a "slam dunk" win for him. After 17 years of devoted service to Aish Hatorah, you owe me this minimum courtesy. 

"Lo taamod al dam rayecha".

I have started a secured blog - by invitation only - that shows some of the history of this 'arbitration' and the law suit trying to legalize the arbitration award against me. This claim is without merit. G-D willing we will get it dismissed without causing Chilul HaShem.

Jacob Fetman
646 261 0200




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