Adelson
Donates $25 Million to Birthright Israel, Reinforces Economy
Sheldon
G. Adelson - a modern day Jewish hero.
Will he also invest in Israeli start-ups?
By
Joel
Leyden
Israel News Agency
Jerusalem
----- February 6 .... Dr. Miriam and Sheldon G. Adelson have donated $25 million
dollars to the Taglit-Birthright Israel program (BRI). The generous gift will
double to at least 20,000 the number of free summer trips to Israel offered by
Birthright Israel this summer.
The
Adelson Family recently donated $25 million to Yad
Vashem, the Holocaust Martyrs' and Heroes' Remembrance Authority. Sheldon
Adelson and his wife, Miriam, made the gift to Yad Vashem in a ceremony that was
attended by Nobel Peace Laureate Elie Wiesel, Israel Prime Minister Ehud Olmert
and Education Minister Yuli Tamir.
The donation will enable Yad Vashem to
expand its international activities in the area of Holocaust education, will fund
the uploading to the Internet of its main databases, and will help to pay for
maintaining the New Holocaust History Museum.
Adelson,
73, considered the wealthiest Jew in the world, was born to a poor immigrant family
in Boston and earned his fortune developing hotel, convention and gambling properties
in Las Vegas and China. His wife, Dr. Miriam Adelson, a former Israeli, is a physician
who specializes in treating chemical dependencies.
Last
month, Forbes Magazine ranked Adelson as the fifth-richest man in the world, with
an estimated fortune exceeding $20 billion. Forbes pointed out that Adelson's
fortune was increasing at the rate of $1 million per hour. In other words, the
donation to Yad Vashem represents Adelson's income for a single day. Adelson is
a long-standing contributor to Jewish and Israeli institutions as well as to medical
research foundations. He is a member of the board of directors of the United States
Holocaust Memorial Museum in Washington, D.C.
In
speaking to the Israel News Agency, representatives of Birthright stated
that the gift represents a potent boost to Jewish awareness. When asked how would
the Adelson gift translate
to Aliya and Israel's infrastructure, a spokesperson pointed out the enormous
impact the Birthright Israel gift would have on Israel's tourism industry.
The
Birthright
Israel program has already generated more than USD 220 million in tourism
revenue, and the summer 2007 trip is predicted to generate over USD 36.5 million
for the industry.
Birthright
Israel has supplied 236,000 work days to Israelis, participants have spent 331,000
nights in hotels in Israel, around $7.6 million on bus journeys, $18 million in
restaurants all over Israel, $7.4 million on entry into tourist sites, and upwards
of $30 million in souvenirs in Israel.
The
perspectives appear to be very different from both sides of the Atlantic, with
the Americans seeking to secure greater Jewish awareness and the Israelis focusing
on Aliya and the creation of jobs. In Israel, we see one out of three children
suffering in poverty and an economy which has been shredded by wars and terrorism.
Israelis see the Birthright participants as potential immigrants who can contribute
to Israel's long term growth. As there is now little tax incentive put forward
by the Israel government to invest in Israel companies and start-ups, unemployment
continues to hover around 20 percent and badly needed outsourcing goes to low
cost labor countries such as India and China.
But
whether one lives in America or Israel, there is no dispute regarding the generosity
of the Adelson gift to the Jewish world.
Taglit
- Birthright Israel is funded by the Government of Israel , private philanthropists
and Jewish communities around the world. The USD 25 million gift is contingent
upon BRI’s other funding partners maintaining their annual collective commitment
of USD 51 million.
The
Adelson Family Charitable Foundation gift of $25 million, is in addition to a
grant made by the Foundation to Birthright Israel in December to fund 2,000 additional
spaces for the winter session, and brings the Foundation's total contribution
this year to $30 million.
The
Adelson Foundation anticipates making similar gifts to Birthright Israel in future
years.
"The Birthright Israel program is one of the best ideas our time has seen because
it has the greatest potential to maintain Jewish continuity in the face of growing
assimilation," said Adelson. "By founding the Birthright Israel program,
Michael Steinhardt and Charles Bronfman have given one of the greatest gifts to
the Jewish people in our generation. We applaud their creativity and generosity,
and we are privileged and honored to provide the resources to enhance the program
and solidify its future."
Dr.
Miriam Adelson, a physician and Israel native, said: "Israel has an important
role in Jewish life worldwide, and I am honored to be able to help thousands of
young Jews to personally experience the Jewish homeland. The program's success
has convinced us that our donation would be well utilized."
Michael
Bohnen, who recently joined the Foundation as its President, said he was pleased
that Birthright Israel is his first involvement in the Adelsons' philanthropic
efforts. He said, "The Adelsons found that the mission of Birthright Israel is
consistent with their own: to affect a profound transformation in Jewish life
by building a personal connection and commitment to Jewish community and the State
of Israel."
BRI
provides free, first-time, peer group, educational trips to Israel for Jewish
young adults ages 18-26. Since its launch in 2000, the program has brought 120,000
eligible Jewish young adults from 51 countries around the world to the Jewish
state. BRI estimates that in any given year, 80,000-100,000 Jews around the world
are eligible for the birthright Israel gift. The long-term goal is to provide
trips to at least half of eligible Jews annually. The extra capacity provided
by the gift will eliminate the long waiting lists that were necessary the last
two years.
The
participants come to Israel for an intensive 10-day stay, during which time they
visit historical and national sites, as well as meet with Israel peers – young
people serving, for the most part, in elite units of the Israel Defense Forces.
Birthright
Israel states: "The goal of the Taglit-birthright Israel is to forge a bond
between young Jews living in the Diaspora and the State of Israel, as well as
strengthen their Jewish identity. The alumni of the program form a global support
network for the State of Israel on college campuses and communities."
BRI
Co-founding Chairman, Michael H. Steinhardt said, "The Birthright Israel venture
has proven to be one of the most successful educational projects in the Jewish
world. This extraordinary gift moves us closer to making a trip to Israel a standard
rite of passage for every young Jew."
The
only question that we have here in Israel is what will happen when the Birthright
honeymoon visit to Israel's beaches, palm trees and historic, religious sites
lands back in JFK airport?
The
Anglo community in Israel witnesses hundreds of Jewish families arriving to Tel
Aviv, Jerusalem, Ra'anana and Haifa with the same number leaving the country on
almost a daily basis. There are just too few jobs to keep these American immigrants
in Israel.
"I
just returned from the Birthright trip in June over the summer," said one
Birthright Israel participant.
"I had a fantastic time. Part of my experience
connected me to Israel. I am an active supporter and feel that it is essential
Jews all around the world support Israel in this time. One of the ways that I
have found is through an Israel based pharamceutical company called www.magendavidmeds.com
that sells medication to Canada and the USA at 40%-70% less than domestic pharmacies.
That aside it is an amazing way to help support the Israel economy whilest receiving
something in return (your meds). Birthright Israel is a fantastic program that
gave me a connection to Israel, alonging to return soon and a social responsibility.
I hope that I have done that feeling justice by advocating this site and that
anyone who reads this will feel some personal responsibility in supporting Israel
and it's economy."
Jewish
awareness is critically important, but so is maintaining the security and growth
of the Jewish democratic state.
Israel needs investment. Israel needs the
creation of jobs. Jewish awareness alone will not defend our homes and our children
from terror missile attacks coming from Hamas, Islamic Jihad, Hezbollah, al-Qaeda,
Syria, Lebanon and Iran.
The
Adelson Family deserves our most sincere gratitude. We only pray that these Birthright
Israel visits transcend into immigration, stemming Israel's brain drain and creating
an Israel for which many are still able to visit in another 20 years.
Related
sites: The
Jewish Agency