July 28, 2011
Adelsons give $5 million matching grant to Birthright
Philanthropists Sheldon and Miriam Adelson are giving a $5 million matching grant to Taglit-Birthright Israel.
The grant, which was announced Monday, aims to encourage new donors by doubling their gifts in an ongoing attempt to transition from large philanthropic to grass-roots funding.
Since 2007, the Adelsons have donated more than $100 million to the organization, which sends young Jewish adults aged 18 to 26 on free 10-day trips to Israel.
Earlier this year, the Israeli government announced a three-year commitment of $100 million in matching funds for Birthright.