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Can Jewish giving weather the transfer from one generation to the next?


URL: http://www.jewishjournal.com/nation/article/can_jewish_giving_weather_the_transfer_from_one_generation_to_the_next_2011

Last week’s news that one of the country’s largest Jewish foundations will close in two years, its assets to be divided among the foundations of its founder’s heirs, is shining a spotlight on a major question in the Jewish philanthropic world: How will Jewish philanthropic giving weather the transfer of assets from one generation to the next? The San Francisco-based Richard and Rhoda Goldman Fund, which has given out about $700 million since it was started by Richard Goldman in 1951, with most of the gifts benefiting environmental, health and Jewish causes, will close at the end of 2012, the San Francisco Chronicle reported.

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