World of American donations to the Jewish State revolutionized

[Jefferson23]

New generation of US philanthropists continues to donate some $2 billion a year to Israel, but they are no longer willing to sign a check and leave it at that. How does raising big funds work? Where does the money go? And how does the issue of the settlements affect donations?

Yitzhak Benhorin
Published: 02.07.14

Billionaire Charles Bronfman, one of the biggest benefactors of the Jewish people and Israel, has announced on the website of his philanthropic fund ACBP that he is terminating his charity activity in the year 2016.

Bronfman makes donations to the Hebrew University, Tel Aviv University, and the Israel Museum, endorses activities to promote Israeli-Palestinian ties, was one of the founders of Birthright, as well as many other ventures.


But the man with the big heart and deep pockets is 82 years of age. He concludes a chapter in his life and the lives of philanthropists – "the kings of Israel", if you will – who have reached an age that requires sealing books and passing control to the next generation. So what is happening in the arena in which billionaires drive much of the Zionist-social activities? The money is still there, green turns blue-and-white, but the shades are a little different.

Jeff Solomon, president of the Andrea and Charles Bronfman Philanthropies, told Ynet that it is a natural process: "Bronfman's children have philanthropic foundations of their own and the family will continue to make donations." According to Solomon, "there is a new generation of philanthropists. Who would have imagined a generation ago that there would be more than 700 organizations that bring Israel two billion dollars every year?" he added.

http://www.ynetnews.com/articles/0,7340,L-4485880,00.html