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Jewish Future Promise

The Jewish Future Promise, originally Jewish Future Pledge, is a charitable campaign modeled after The Giving Pledge, to encourage American Jews to designate at least 50% of their charitable giving to Jewish- or Israel-related causes. Over 80,000 people has signed the pledge since its inception in May 2020.

History

Co-creators Michael Leven and Amy Holtz launched the pledge in May 2020, modeled after The Giving Pledge, to encourage American Jews to designate at least 50% of their charitable giving to Jewish- or Israel-related causes.[1] According to Leven and Holtz, Americans will donate $68 trillion in wealth over the next generation, 20% of which will be given by Jewish donors. The pledge's aim is for at least half of that 20%, or more than $600 billion, to go to Jewish causes,[2][3] compared to the estimated 11% of donations that do now.[4] The Pledge partnered with the Jewish Federations of North America, Jewish National Fund, and Jewish fraternity Alpha Epsilon Pi[5] to integrate the pledge into traditional vehicles of Jewish philanthropy.[3] The Pledge partnered with Morgan Stanley to create a donor-advised fund.[5]

In 2023, the Pledge launched the Jewish Youth Pledge for people aged 13-24 to commit to being active members of the Jewish community.[6]

On February 8, 2024, the Pledge changed its named to the Jewish Future Promise.[7]

Signatories

As of October 2023, more than 25,000 donors, including individuals, family foundations, and families, had pledged $2.4 billion as part of the pledge.[4] By February 2024, there were almost 50,000 signatories.[7] According to Leven, by October 2024, there were over 80,000 signatories.[8]

Notable signers of the pledge include businessman Charles Bronfman, The Home Depot founder Bernie Marcus, philanthropist Julie Platt,[1] advocate Morton Klein,[4] activist Noa Tishby,[2] comedian Modi Rosenfeld, and lawyer Alan Dershowitz.[7]

References

  1. ^ a b Oster, Marcy (2020-05-14). "New Jewish giving pledge takes a page from Gates and Buffett initiative". Jewish Telegraphic Agency. Retrieved 9 October 2023.
  2. ^ a b "Noa Tishby Becomes The 11,000th Person To Sign The Jewish Future Pledge". Boulder Jewish News. 2022-12-19. Retrieved 9 October 2023.
  3. ^ a b Chernikoff, Helen (2021-02-02). "Donor-advised funds are the future of the Jewish Future Pledge". eJewishPhilanthropy. Retrieved 9 October 2023.
  4. ^ a b c Cohen, Haley (2023-10-04). "Jewish Future Pledge gets 25,000th pledge, amounting to $2.4 billion to Jewish causes". eJewishPhilanthrophy. Retrieved 9 October 2023.
  5. ^ a b Rudee, Eliana (2020-10-12). "Jewish Future Pledge partners with Morgan Stanley, asking donors to plan ahead". Jewish News Syndicate. Retrieved 9 October 2023.
  6. ^ Putney, Fran (2023-05-10). "Jewish Future Pledge Spawns Youth Pledge Initiative". Atlanta Jewish Times. Retrieved 9 October 2023.
  7. ^ a b c "The Jewish Future Pledge becomes The Jewish Future Promise". Jewish News Syndicate. 2024-02-08. Retrieved 28 February 2024.
  8. ^ Leven, Michael (2024-10-31). "The power of promise: The Jewish community's response to uncertain times". Jewish News Syndicate. Retrieved 10 December 2024.