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Behind the Aegis

(54,854 posts)
Fri Jan 27, 2023, 03:04 AM Jan 2023

(Jewish Group)Half of America's 25 most generous philanthropists are Jews. Few give to Jewish causes

Half of America’s 25 most generous philanthropists are Jews. Few give much to Jewish causes.

Jews made up nearly half of America’s biggest philanthropic donors last year, according to a calculation by Forbes of who gave the most money away in 2022.

In a year that saw their fortunes take a hit amid declines in the stock market, America’s 25 “most generous givers” donated a collective $27 billion, up from $20 billion in 2021, for a lifetime total of $196 billion, according to Forbes. They included 12 billionaires with Jewish backgrounds — a dramatic overrepresentation when compared to the proportion of Jews in the overall U.S. population.

The Jews on the list include financier George Soros, who gave away at least $300 million to racial justice and humanitarian work in Ukraine and other causes; businessman and former New York City mayor Michael Bloomberg with $1.7 billion in donations to charter schools, clean energy, and fighting heart disease; and Meta CEO Mark Zuckerberg, whose charity donated more than $900 million, with much of the money going to fund research into artificial intelligence and genomics at universities.

One thing that stands out about these Jewish philanthropists is that almost none focuses giving on the Jewish community. Only Lynn and Stacy Schusterman of the Tulsa oil dynasty, who are paired together on the list, are prominent donors to Jewish causes.

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