From Alma Mater to Alta Mama: A 1 Billion Shekel Reality Check
By Yaron Ben-Zvi
In a jaw-dropping move, a Columbia University graduate has shifted the philanthropic landscape with a $260 million donation to Bar-Ilan University in Israel. This unprecedented gift, the largest ever received by the university and the second largest in Israeli history, highlights a growing disillusionment among Jewish philanthropists with their traditional U.S. grantees. It marks a bold pivot towards supporting Israel and Jewish causes, leaving many to question the loyalty and values of their previous beneficiaries
A Bold Vision for Israel
The anonymous donor’s generous contribution will be funneled into advancing science and technology at Bar-Ilan University. This includes recruiting leading researchers, constructing cutting-edge laboratories, and fostering global research collaborations. The aim? To fortify Israel’s technological prowess and ensure its continued leadership on the world stage
The Pivot Strategy Unveiled
This monumental donation epitomizes "The Pivot," where Jewish philanthropists redirect their support from U.S. institutions to impactful projects in Israel. It's not about abandoning your past giving entirely, but rather strategically reorienting it to maximize impact for causes that align with your evolving values. Here's how you can embrace the Pivot Strategy on a spectrum, from a gentle nudge to a full-blown redirection:
The Tentative Dip: Explore and Experiment
Start Small: Feeling a slight disconnect with your current giving but unsure where to pivot? Dedicate a small portion of your philanthropic budget to explore new possibilities. Research impactful organizations in Israel tackling issues that resonate with you. You might discover a cause that sparks a deeper connection.
The Partial Pivot: A Diversification of Giving
Hedge Your Bets: Don't feel ready to completely overhaul your giving strategy? The Partial Pivot allows you to diversify your philanthropic portfolio. Maintain your existing commitments while allocating a portion of your new donations to innovative Israeli initiatives. This way, you support both established causes and emerging needs.
领英推荐
The Full-Tilt Pivot: A Bold Realignment
Ready for a Change? If you're confident that your current giving doesn't fully reflect your values anymore, the Full-Tilt Pivot allows for a more dramatic shift. Redirect a significant portion, or even all, of your philanthropic support towards impactful causes in Israel. This could involve partnering with organizations specializing in areas like scientific research, economic development, or innovation.
The Beauty of the Pivot Spectrum
The beauty of The Pivot Strategy lies in its flexibility. Regardless of your current philanthropic approach, there's an entry point for you. Explore, experiment, and ultimately choose the level of pivot that best aligns with your evolving values and desire for impactful giving.
The Impact
This strategic redirection not only addresses urgent needs but also strengthens the long-term resilience and growth of Israeli society. By channeling their resources towards Israel, philanthropists can ensure their donations make a profound and lasting difference.
#JewishPhilanthropy #StrategicGiving #IsraelInnovation #ValuesBasedPhilanthropy
Please note: The views expressed in this article are the author's own and do not necessarily reflect the views of any other organization or individual.