NEF 2004 Annual Report - Near East Foundation

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awarded to for-profit organizations and corporations. Anti-terrorist financing rules and concerns enacted since 9/11 have created a threat of intrusive investigations, deterring many international Arab donors from supporting programs of American private voluntary organizations. Why go through the hassles when you can avoid them simply by keeping your money? NEF's overseas programs this year as last. As always since 1915, NEF's small donors rose to the occasion in 2004. When national philanthropic giving grew less than 4%, donations by individuals to NEF's annual fund increased just under 50%. And as we have tried hard to give greater visibility to our work, the number of individual donors has risen 50% — half again as many people gave gifts to support Still, it will take many years of such increases before the annual fund can sufficiently support our current efforts. A look at NEF's financial statements will show you that the organization has chosen to use its dwindling reserves to meet the costs of programs rather than abandoning those who depend upon our work. The complex current situation I have described has encouraged NEF's board and staff leadership to take some bold moves to position the organization for its second century of service. A restructuring of how we administer our work is underway with the goal of making NEF more streamlined, more cost effective, and better fit for the current environments in which we operate. All in all, our intention is to maintain our focus on our mission while enhancing our ability to accomplish it. Over the next months you will get more details about the changes we have begun to make. I think you will be pleased to find that this venerable 90-year-old foundation remains a youthful trendsetter and agile risk taker, adjusting to the world as it is now. We thank you for your continuing faith in NEF and your continuing support. You are helping us create bright spots in places that often look dreary! Sincerely, Ryan A. LaHurd, Ph.D. President © 2004 The Near East Foundation
Moving into our 90th year, the Near East Foundation is showing--as it always has-- our ability to be flexible, adapt to changing circumstances, and still stay true to our core mission. In 1915, a group of New Yorkers saw a tragedy unfolding in the Middle East, which they determined to ameliorate. In a week they raised the first $100,000 of what would become a hugely successful undertaking: the feeding, clothing and educating of more than one million Armenians. Today, another tragedy is unfolding in the Middle East: wars in Iraq and Afghanistan, combined with the growing feeling here that the Muslim world “hates us.” If we at the Near East Foundation believed this, we would be unable to do the work we do. On the contrary, everywhere we go, everywhere we work, we find people eager to partner with us to improve their lives, and those of their families and fellow citizens. We concentrate on people—not technology or bureaucracy or systems. Our 90 years of experience in the region gives us the cultural knowledge to succeed; and we make a difference not only in the lives of individuals, but over the region as a whole. Our reputation with governments, other agencies, and our collaborating partners at the grassroots is unsurpassed. Join us as we begin to celebrate 90 years of accomplishment in the most interesting and rewarding work that I have ever experienced. In my decades of association with the Near East Foundation as a member of the staff, board of directors, and now as chair of the board, it is my honor to invite you to read this year’s annual report. Best regards, Linda Jacobs Board Chair © 2004 The Near East Foundation
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Mr. and Mrs. Vartkess Balian Mr. an
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INSTITUTIONAL DONORS Abbey of our L
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DONORS TO THE THE SPECIAL FUNDRAISI
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Ms. Barbara Massey Ms. Molly McDowe
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Linda K. Jacobs Board Chair Geoffre
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NEF 2004 Annual Report - Near East Foundation

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