The Philanthropist and the Prime Minister
The spotlight on Talansky and Olmert may make fund-raising for Israeli organizations more challenging, said Seymour Reich, former president of the Conference of Presidents of Major Jewish Organizations. Jews outside Israel give about $2 billion a year to Israeli groups, said Michael Jankelowitz, spokesman for the Jerusalem-based Jewish Agency, citing Bank of Israel figures.
Potential donors will likely be “more careful and cautious and ask for more clarification of what the rules are before they give,” Reich said in a phone interview from New York”. A lot of clarity is needed here when you have people soliciting and offering funds.”