Saturday, January 19, 2008

JEWISH PHILANTHROPY FACTS

Gary Tobin and Aryeh Weinberg recently published “A Study of
Jewish Foundations” for the Institute for Jewish and Community
Research. Their study was based on the foundations’ most recently
filed tax returns (either 2004 or 2005.)

For Definitional purposes, a “Jewish Foundation” is a foundation
established by a Jew without taking into account the individual’s
level of practice or identity.

Of the 100 largest foundations in the United States, eight were
founded by Jews.

Total assets of Jewish foundations is about $17 billion.

There are two Jewish foundations with assets of more than
$2 billion, the Annenberg Foundation and the Harry and
Jeanette Weinberg Foundation.

In either 2004 or 2005 (depending on which was their most
recently filed tax return), Jewish foundations made grants
totaling $1.2 billion.

Most Jewish foundations gave most of their grants and a majority
of their dollars to non-Jewish causes and institutions:
21% of total dollars went to Jewish organizations
79% of total dollars went to non-Jewish organizations.

40% gave their largest grant to Jewish organizations
60% gave their largest grant to non-Jewish organizations

The Annenberg Foundation is the largest Jewish foundation
with total assets of $2.6 billion. It awarded grants totaling
$256,384,000 of which 0% went to Jewish organizations.

The Harry and Jeanette Weinberg Foundation is the second
largest Jewish foundation with total asset of $2 billion. It
awarded grants totaling $98,674,000 of which 52% went to
Jewish organizations. It gave more in total dollars to
Jewish organizations than any other Jewish foundation.

The Avi Chai Foundation has total assets of $649 million. It
awarded grants totaling $38,774,000 of which 98% went to
Jewish organizations.

The Ronald S. Lauder Foundation has total assets of $67 million.
It awarded grants of $2,915,000 million of which 100% went to
Jewish organizations.

The Steinhardt Philanthropies have total assets of $15 million. It
awarded grants of $15,076,000 of which 58% went to Jewish organizations.

The Andrea and Charles Bronfman Philanthropies have total assets
of $17 million. It awarded grants of $882,000 of which 92% went
to Jewish organizations.

The Soros Fund Charitable Foundation has total assets of $96 million.
It awarded grants of $4,258,000 of which 1% went to Jewish organizations.

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