Larry Ellison was estimated to be worth $43 billion in 2013. He is Jewish. (TOI) |
I bring this up in light of an oped by Jay Ruderman in JTA entitled: What
Billionaires Owe the Jewish Community. It
begins with the following line: In the past decade, a new class of Jewish
mega-givers has emerged, reshaping the Jewish philanthropic landscape.
Jay goes on to say that there is no current method of accountability
for where this money goes: Who gets it and how much. And that although philanthropists can give their donation to
whomever they choose, they nevertheless have a responsibility as Jews to give
money to those organizations that can help ensure the continuity of the Jewish
people. And that there ought to be some sort of system that would offer
transparency and accountability. It would be set up by them and for them. Not
to limit how much they give or to whom. But to give them a better sense of responsibility.
I’m not sure they would agree to that. Indeed they are
entitled to determine for themselves where they choose to give an how much. We
each have our own priorities in life. Everybody has their pet charity. So agreeing to such
transparency is unlikely. Nobody likes people looking over their shoulders. But I agree with the sentiment that it would serve the Jewish community well if there was transparency in philanthropic giving.
There are lots of legitimate charities in the world that
deserve the large donations they get from these mega-givers. Surely feeding the
hungry is a worthwhile cause, no matter where they are or what their religion - or lack of it - is. So too is funding research to end various diseases like cancer, ALS, and Alzheimer’s. All worthwhile causes that deserve their support.
But
as Jews, I would hope that these Jewish billionaires feel a responsibility to perpetuate their Jewish heritage, too. No matter how religious or irreligious they are. Even if they
are atheists hopefully they still feel that they are part of a people. That they
belong to an exclusive club called ‘the Jewish people’ with its rich and glorious
history. That even though persecuted throughout that history, they have managed
to survive and flourish. And achieve great things in both the religious sphere
and in the world at large. This is the ‘club’ to which they belong to which they ought to have a
sense of responsibility to perpetuate.
As former Presidential adviser, Jay Lefkowitz put it when asked why he was observant, ‘I’m a Jet’. The Jets were a fictional gang in the play West Side Story. What he of course meant is that he had pride in belonging. Even if he had problems with some of Jewish theology.
As former Presidential adviser, Jay Lefkowitz put it when asked why he was observant, ‘I’m a Jet’. The Jets were a fictional gang in the play West Side Story. What he of course meant is that he had pride in belonging. Even if he had problems with some of Jewish theology.
My hope is that even a Jewish billionaire like Facebook
founder Mark Zuckerberg, who has stated that he is an atheist, still feels
like a ‘Jet’. And that some of his billions go to persevere and perpetuate his ‘gang’.
When you have several billion dollars to give away, there
should not be any problem supporting any institution you want. My hope is that these Jewish billionaires can be persuaded to divert some of that money be Jewish institutions whose goal is to preserve
and perpetuate the Jewish people.
The most productive institutions in this
regard are the religious days schools. Although they are by no means the only
ones that do that, my firm believe is that Jewish education is the key to the
Jewish future. Without it, short of Divine intervention Judaism would die. What better proof of that is
there than the Pew Survey from last year. It showed that the only demographic in
all of American Jewry that was growing, was the one where Jewish education was an integral part of it. Those denominations that could not convince parents to send their children to their religious schools are hemorrhaging Jews in increasingly accelerated numbers. They assimilate out of a Judaism they know very little about – or even
care to.
Imagine if each of those 165 Jewish billionaires would give 1 billion
each towards Jewish education.That could potentially solve the tuition crisis
all by itself. Some of that money would go towards operational expenses and
some of it would go towards endowment funds that could distribute significant sums
money to all of the day schools perpetually.
There is not a doubt in my mind about the serious financial crises Jewish
education now faces. As I have said many times (more than I can count) Jewish
educational expenses are breaking the backs of most parents. Schools that offer a quality Jewish education cost a lot of money to operate. Good teachers demand
good salaries. Good programs are expensive.
The cost per child to be educated
in those schools is beyond the ability of
most parents with a typical family of 3 or 4 children (or more) to pay. The
vast majority of parents are on at least a partial scholarship. Even some parents with six figure
incomes today are struggling to meet their tuition obligations. Not to mention
the fact that most parents do not make six figure incomes. Fund raising by
school boards help. But very often a school falls short of its budget
requirements. And then go into debt just to meet their financial obligations,
most of which go to the dedicated teachers that work there.
There has to be a way to convince these Jewish billionaires to start supporting Jewish education in ways that they do other projects. How often do I hear about a billionaire donating
money to an alma mater, like Harvard. Harvard is indeed a very worthwhile
institution to support. And I understand the concept of Hakoras HaTov - the gratitude someone
wants to show to an alma mater.
But Harvard is one the most well
endowed universities in the world. And yet a day school in New Jersey, a Yeshiva high school in Detroit, and a
Yeshiva in Chicago each have to struggle just to pay their bills… and often they fall short. All while parents are struggling to meet their tuition obligations. Even
the ones on scholarship assistance!
My message to those mega giving philanthropists that care
about perpetuating their heritage is the following. Is it not worth considering
putting more of your money into institutions that do that? …where it is most
needed? …instead of simply padding an existing endowment fund of a Harvard, Yale,
or Princeton?