Adelson Foundation

The Adelson Foundation is an American private charitable foundation founded by business magnate Sheldon and Miriam Adelson. The organization is based in Los Angeles.

Adelson Foundation
FounderSheldon and Miriam Adelson
FocusHealthcare, Holocaust and Anti-Semitism Awareness, Israel Advocacy and Defense, Israel Programs, Israel Studies on Campus, Jewish and Zionist Identity & Education, Media and Culture, Welfare
Location
  • Los Angeles, California, United States
Area served
United States and Israel
MethodDonations and grants
Endowment$143 million As of 2012[1]
Websiteadelsonfoundation.org

Background

The foundation is divided into two branches, including the Adelson Family Foundation, which was established in 2007, and the Adelson Medical Research Foundation. The former works to strengthen the State of Israel and the Jewish people,[2] while the latter focuses on healthcare.[3]

Noteworthy donations of the organization include: $50 million to the Dr. Miriam and Sheldon G. Adelson Educational Campus, another $67 million in total was donated to their Medical Research Foundation, and $33 million to the Birthright Israel Foundation, and $13 million toward paying for the promotional trips to Israel, Jerusalem and the Golan Heights that the nonprofit organizes for young Jewish people.[4][5]

In addition, the couple have pledged $3 million to Hebrew SeniorLife for housing facilities and a program to bring together older people and elementary-school students for education programs; $2 million to Gateways: Access to Jewish Education for programs for children with special needs; and $1 million to the Chelsea Jewish Foundation for specialized housing for patients with amyotrophic lateral sclerosis and multiple sclerosis. Those pledges will be paid over five years,[4] and since 2007, the Adelson Family Foundation has made contributions totalling $140 million to Birthright Israel, which finances Jewish youth trips to Israel.[6]

The Adelson Foundation gives $200 million annually to Jewish and Israeli causes, the largest by far of any existing private foundation with that aim.[4]

The foundation funds the Maccabee Task Force, which claims to combat alleged antisemitism on college and university campuses in the United States.[7]

References
  1. "The Top Donors of 2012". The Chronicle of Philanthropy. Retrieved 29 September 2013.
  2. "The Adelson Family Foundation - welcome". Retrieved 29 September 2013.
  3. "Adelson Medical Research Foundation main page". Retrieved 29 September 2013.
  4. Maria Di Mento (February 10, 2013). "No. 9: Sheldon and Miriam Adelson". Retrieved 29 September 2013.
  5. https://www.birthrightisrael.com/itinerary/classic
  6. Benari, Elad (January 12, 2011). "Adelson Foundation Gives Taglit An Extra $5 Million Boost". Arutz Sheva. Retrieved December 5, 2011.
  7. "Billionaire launches pro-Israel campus task force". i24news. August 21, 2016. Retrieved August 23, 2016.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.