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. From its inception in May 2020 to January 2024, it attracted almost 50,000 signers.
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]
Signers
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 signers. [7]
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
- ^ 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.
- ^ 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.
- ^ a b Chernikoff, Helen (2021-02-02). "Donor-advised funds are the future of the Jewish Future Pledge". eJewishPhilanthropy. Retrieved 9 October 2023.
- ^ 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.
- ^ 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.
- ^ Putney, Fran (2023-05-10). "Jewish Future Pledge Spawns Youth Pledge Initiative". Atlanta Jewish Times. Retrieved 9 October 2023.
- ^ a b c "The Jewish Future Pledge becomes The Jewish Future Promise". Jewish News Syndicate. 2024-02-08. Retrieved 28 February 2024.
