Two days after Yeshiva Bais Hatorah in Lakewood, NJ, was forced to close due to a financial shortfall, the close to 400 students of the yeshiva largely remain stranded and without a school. Matzav.com has learned that the school administration, led by its executive director, Rabbi Binyomin Heinemann, is working tirelessly to raise the funds necessary to reopen the school as soon as possible. This possibility is partially dependent on how many students find other schools in the interim, but, at this point, local schools in Lakewood have limited, if any, ability to accept new students.
Bais HaTorah is short approximately $500,000 and thus received a p’sak this past Sunday – the day it was supposed to open for the new school year – that it may not open until the money is raised to cover the 14-week delay in salary payments.
Parents of the school today gathered at the home of Rav Matisyahu Salomon, mashgiach of Beth Medrash Govoha who is a grandparent of the school and has guided the school since its founding, to try to find a solution for the hundreds of students who are as of yet without a school.
The boys’ elementary school, now entering its 12th year, occupies a campus on Swarthmore Avenue in Lakewood’s Industrial Park. If the school administration is unable to raise the necessary monies shortly, the school building will be sold to pay for the mortgage and the salaries of the 17 rabbeim and other employees.