Bayan Institutions to Increase Torah Scholars' Stipends by 20%
Translated & summarized from JDN by baba
The story in 5 lines · by baba
- Bayan Institutions will raise Torah scholars' stipends by 20%.
- The increase is funded by a special donation from a philanthropist.
- The announcement was made during Simchat Torah celebrations.
- This follows a previous 25% stipend increase two years ago.
- Additional support includes holiday grants and family event aid.
The Rozhin-Bayan Institutions Center announced a significant increase in monthly stipends for Torah scholars, raising them by 20%. This initiative, revealed during the Simchat Torah celebrations, aims to bolster those dedicated to Torah study amidst growing financial pressures and perceived threats to the world of Torah learning.
The funding for this increase comes from a special donation by a prominent philanthropist and supporter of Torah scholars. The announcement was made by Binyamin Hershler, CEO of the Rozhin-Bayan Institutions Center, to the Rebbe of Bayan, and was met with great enthusiasm by the institution's administration and the community of scholars.
This new measure builds upon previous efforts by the center to support scholars and their families. Two years prior, the center had already raised the stipends by 25%. Additionally, the institutions provide regular holiday grants, approximately equivalent to an extra monthly stipend, during the months of Nisan and Tishrei to help with holiday expenses.
Beyond regular stipends and holiday grants, the center offers specific financial assistance for significant family events. This includes a 4,000 shekel grant for a Bar Mitzvah celebration and support for new parents, such as covering costs for a postpartum recovery room and baby supplies.
The Rozhin-Bayan Institutions emphasize that this comprehensive support system is part of a broader philosophy to strengthen the world of Torah by supporting its scholars and their families. They stated that in a time when Torah learning faces challenges, their goal is to reinforce and expand its influence.
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