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The decision at the time of the purchase of the camp was to assume debt. Though the amounts involved were substantial,
the project was undertaken after significant review by the founders and professional financial advisers. The debt was
determined to be supportable by the size and scope of camp activities.
The annual operating budget is approximately $2,000,000.
The unique nature of the camp's operations supports the conviction that Camp Mountain Chai can operate without annual
subsidies from individuals or from the major Jewish funding agencies. The combination of the summer camp and the year-round
retreat center allows the camp to amortize operating expenses over a full year. Although we will seek funds for the very
generous camp scholarships program, operationally, the camp corporation can develop revenue equal to its operating costs.
Despite this, the burden of servicing the debt and repaying the loans is a challenge. Repayment and debt service prevent
the camp from reinvesting in the growth of the campus and increased programming. When successfully completed, this campaign
will permit the camp to retire all unfunded debt, invest in capital expenditures and expand the number of children it can accept.
Campaign Goals
Camp Mountain Chai's Campaign is a drive to:
- Retire the debt associated with the initial purchase of the camp site in 2004; and
- Revitalize existing structures and build new and critical infrastructure.
Camp Mountain Chai is an IRS designated 501 (c) 3 non-profit organization, tax ID#91-2150831.
Donations and support are tax deductible to the full extent of the law.
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