Adelson Foundation Explained

Adelson Foundation
Founder:Sheldon and Miriam Adelson
Location City:Los Angeles, California
Location Country:United States
Area Served:United States and Israel
Focus:Healthcare, Holocaust and anti-Semitism awareness, Israel advocacy and defense, Israel programs, Israel studies, Jewish and Zionist identity and education, media and culture, welfare
Method:Donations and grants
Endowment:$143 million [1]
Homepage:adelsonfoundation.org

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

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]

As of 2014, the foundation had donated $200 million to Birthright Israel and $50 million to Yad Vashem, and had begun supporting the Israeli American Council.[7]

The foundation funds the Maccabee Task Force, which claims to combat antisemitism on college and university campuses in the United States.[8]

Notes and References

  1. Web site: The Top Donors of 2012. The Chronicle of Philanthropy. 29 September 2013.
  2. Web site: The Adelson Family Foundation - welcome. 29 September 2013.
  3. Web site: Adelson Medical Research Foundation main page. 29 September 2013. 22 September 2013. https://web.archive.org/web/20130922015745/http://www.adelsonfoundation.org/amrfphil.html. dead.
  4. News: Maria Di Mento. No. 9: Sheldon and Miriam Adelson. 29 September 2013. February 10, 2013.
  5. Web site: Birthright Israel | A Free Trip to Israel | Taglit - Birthright Israel.
  6. News: Benari. Elad. Adelson Foundation Gives Taglit An Extra $5 Million Boost. December 5, 2011. Arutz Sheva. January 12, 2011.
  7. News: Musleah . Rahel . Miriam Adelson . 30 November 2023 . . 2014-10-22.
  8. News: Billionaire launches pro-Israel campus task force. August 23, 2016. i24news. August 21, 2016.