It’s hard to remember a “good year” in Jewish philanthropy, because needs always seem to outstrip even the most abundant resources. But this past year surely has been one of the most trying in recent memory. The global recession and the collapse of Bernard Madoff’s financial investments delivered a one-two punch with enough strength and velocity to leave the community battered and stunned.Read More
I don’t have a crystal ball, but when I am asked what I think about the future of Jewish philanthropy, I am in the unique position of not having to guess. Working at the Slingshot Fund affords me the opportunity to spend every day with next-generation funders, who are working together to explore their Jewish identities, interests and commitments. Their work has given me a glimpse into the future and has already begun to shape the way Jewish philanthropy looks today. For the next-generation funders of Slingshot, the Jewish world looks very different than it did for previous generations of Jews in America.Read More
With Bernard Madoff safely in jail, and the economy technically in recovery, Jewish not-for-profits should now be optimistic about the future. The losses created by the collapse of Madoff’s pyramid scheme, though brutal to a handful of major donors and foundations that had invested heavily in his funds, were one-time losses. A year later, one would expect to see the Jewish not-for-profit sector as a whole regroup.Read More
At the end of last year, as the Madoff scandal and the economic crisis rocked the Jewish philanthropic world, a sense of near panic erupted within the Jewish community. It turns out that the big revelation was not that we were suddenly faced with a drastic reduction of communal resources; it was that there was a whole sector of Jewish organizations demonstrating that we could, in fact, do more with less.Read More