Facebook Inc. founder and Chief Executive Mark Zuckerberg and his wife topped a list of the biggest U.S. philanthropic donors in 2013, giving away nearly $1 billion, the Chronicle of Philanthropy said on Monday. The top 50 U.S. donors gave $7.7 billion last year, up 4 percent from the previous year, helped by a surge…
Mayor Bloomberg, the recipient of the first Genesis Prize / Getty Images You know that Jewish charity that gave a $1 million prize to Michael Bloomberg, who can hardly count his billions? A feature in last week’s New Yorker sheds some light on the Russian oligarchs behind the award. For instance: In the early 2000s,…
Outside it felt like the Arctic tundra, but on January 23, inside Tribeca’s Capitale, it was hot, hot, hot and festive as some 700 young 20’-30’ish Jewish philanthropists sipped Generositinis — the evening’s signature drink. They mobbed the sushi bar, and made repeat trips to the decadent “I’ll –start-my- diet-tomorrow”candy table groaning under the weight…
For many Jewish progressive organizations, the beginning of 2014 has been marked by a scramble to find new sources of funding, as America’s largest backer of liberal Jewish groups changed its funding guidelines. The Nathan Cummings Foundation, which has been giving nearly $6 million annually to Jewish causes, will no longer fund organizations through a…
(JTA) — In 1992, Edgar Bronfman was preparing to leave North America for Paris for his first meeting with then-French President Francois Mitterand at the Elysee Palace when at the last minute Bronfman decided he wanted to take an unexpected meeting in Geneva instead. So he asked Serge Cwajgenbaum, Bronfman’s right-hand man in Europe, to…
(JTA) — In the coming days, many eulogies will attempt to capture the magnitude of the loss suffered this week by the Jewish community. Really, though, all you need are eight words: Edgar Bronfman was a prince of his people. There are other machers who devote much of their time and money to Jewish causes. But…
Billionaire businessman and philanthropist Edgar Bronfman, the chairman of the Seagram Company and long-serving president of the World Jewish Congress, died at his New York home on Saturday aged 84. Montreal-born Bronfman took control of the Seagram empire from his father, Samuel Bronfman who had founded the liquor company in 1924. He then expanded its…
A Jewish family foundation that allocates $30 million per year is narrowing its focus to two issues: inequality and climate change. The Nathan Cummings Foundation has given $5 million -$6 million annually to Jewish organizations, primarily through its Jewish life program. Simon Greer, the foundation’s executive director, told JTA the new focus is the culmination…
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