BOCA RATON – A charity that teaches children about racial and religious tolerance needs $60,000 by Aug. 15 or it likely will close, its executive director said Wednesday.

The moribund economy has pushed LEAH, the League for Educational Awareness of the Holocaust, into the worst crisis in its 13-year history, director Stephen Spiegel said. The Boca Raton-based organization’s $300,000 budget is $150,000 short because many of the donors on whom it depends no longer have money to offer.

That means that the grants and activities for schools in Broward and Palm Beach counties will be severely curtailed or eliminated.