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Entrepreneurial Philanthropy, the New Charity

On a chilly autumn morning in late October, in a rooftop sukkahatop New York's Abraham Joshua Heschel School, a small group ofrabbis, Hebrew teachers and millionaire investors joined hands tomark what their leader called a "defining point in American Jewishphilanthropy": an $18 million fund to help create new Jewish dayschools around the country, paid for by a "partnership" among a dozenof America's richest Jewish families.

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