The Changing World of Jewish Philanthropy
This week, The Forward has produced their annual special section, Giving.
Here’s a snapshot of some of the stories you might find interesting:
Across the Jewish not-for-profit world, organizations have watched the turbulence on Wall Street with trepidation. A growing pessimism is palpable among Jewish not-for-profits, as donors see their portfolios dwindle and organizations brace for cuts they feel they cannot make…
Even now, many in the philanthropic world say the signs are ominous but unclear. But a growing pessimism is palpable among Jewish not-for-profits, as donors see their portfolios dwindle and organizations brace for cuts they feel they cannot make.
But the spirit of 90 Oak isn’t just about cutting costs; it’s really about sharing ideas and even communities, and we’re just starting to realize the potential here. In many ways, the denizens of the fourth floor are a microcosm of Jewish Boston. We’re observant and secular, kids just out of college and people with kids in college. A few of us aren’t Jewish at all and virtually everyone here belongs to at least one outside group in the local Jewish community.
…today’s landscape requires foresight to address the needs of the older generation, while being mindful of the philanthropic passions of the next.
Like almost everyone, Jewish foundations are taking a hit these days as investments continue to lose value and endowments dwindle. While it is still too early to gauge exactly how much money has been lost and what will happen from here, Jewish foundations are beginning to re-evaluate their portfolios and strategize how to go about giving money during a time of great need.
You can find much more on The Forward’s site.