The American Jewish Philanthropic Complex by Berman Lila Corwin;

Author:Berman, Lila Corwin;
Language: eng
Format: epub
Publisher: Princeton University Press
Published: 2020-07-27T00:00:00+00:00

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Throughout the 1970s, federations across the country expanded their endowments, with an unprecedented total of sixty federations reporting significant endowment-building activity. In just two years, from 1975 to 1977, the sum holdings across all federations’ endowments increased by almost $100 million, reaching $276 million. Yet despite these gains, reports from the late 1970s betray the impatience that federation endowment boosters felt. Writing to Sugarman in 1977, the executive director of Cleveland’s federation speculated that if only other cities would follow its embrace of endowment and stop clinging to the old revolving door, money-in and money-out model, then “the national total [of Jewish endowment dollars] would already be about $1 billion.” Compounding leaders’ frustration over not adequately capturing Jewish philanthropic capital was fear that other entities, whether private foundations, other Jewish or non-Jewish charitable institutions, or for-profit institutions, would compete for that wealth.6

FIGURE 7.1. Family at Temple Beth El, Cedarhurst, Long Island, June 8, 1977, Subgroup III: United Jewish Appeal-Federation Joint Campaign, Public Relations Series, Photographs Subseries, Box 714110. Courtesy of the American Jewish Historical Society at the Center for Jewish History, New York, NY.

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