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.
7-535: 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. 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, compared to
14-402: Is a charitable campaign, founded by Bill Gates and Warren Buffett , to encourage wealthy people to contribute a majority (i.e. more than 50%) of their wealth to philanthropic causes. As of June 2022 , the pledge has had 236 signatories from 28 countries. Most of the signatories of the pledge are billionaires , at a total of US$ 600 billion. The organization's stated goal is to inspire
21-784: The Jewish community. On February 8, 2024, the Pledge changed its named to the Jewish Future Promise. 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. By February 2024, there were almost 50,000 signers. Notable signers of the pledge include businessman Charles Bronfman , The Home Depot founder Bernie Marcus , philanthropist Julie Platt , advocate Morton Klein , activist Noa Tishby , comedian Modi Rosenfeld , and lawyer Alan Dershowitz . The Giving Pledge The Giving Pledge
28-409: The aggregate wealth of the first 40 pledgers was $ 125 billion. As of April 2011, 69 billionaires had joined the campaign and given a pledge, and by the following year, The Huffington Post reported that a total of 81 billionaires had pledged. By May 2017, 158 individuals and/or couples were listed as pledgers. Not all pledgers are billionaires. FTX founder Sam Bankman-Fried was removed from
35-581: The estimated 11% of donations that do now. The Pledge partnered with the Jewish Federations of North America , Jewish National Fund , and Jewish fraternity Alpha Epsilon Pi to integrate the pledge into traditional vehicles of Jewish philanthropy. The Pledge partnered with Morgan Stanley to create a donor-advised fund . In 2023, the Pledge launched the Jewish Youth Pledge for people aged 13-24 to commit to being active members of
42-594: The list in December 2022 following his arrest. Banker T. Denny Sanford had his name removed from the list in May 2023 following the unsealing of court documents about his possible involvement with child pornography. The Giving Pledge was cited as inspiration for the Jewish Future Pledge , a charitable campaign launched in 2020 to encourage American Jews to give at least half of their charitable giving to Jewish- or Israel-related causes. Net worth
49-566: The wealthy people of the world to give at least half of their net worth to philanthropy, either during their lifetime or upon their death. The pledge is a public gesture of an intention to give, not a legal contract. On the Giving Pledge's website, each individual or couple writes a letter explaining why they chose to give. In June 2010, the Giving Pledge campaign was formally announced and Bill Gates , Melinda French Gates , and Warren Buffett began recruiting members. As of August 2010,
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