Press "Enter" to skip to content

The Hebrew University sets a $ 1b fundraising goal for 2025

The administration of the Hebrew University of Jerusalem has set a goal of $ 1 billion for donations over the next seven years. The university announced the goal during a conference of its board of governors in Jerusalem yesterday, which is being convened this week to celebrate the centenary of the laying of the cornerstone of the Hebrew University. 350 donors and partners from around the world attend the celebrations. The 2025 goal to raise the money coincides with the centenary of the completion of the construction of the Hebrew University.

The Hebrew University also announced a crowdfunding campaign, the first of its kind for an academic institution in Israel. The university's previous fundraising campaign raised $ 1 billion in 10 years, so it will have to make strenuous efforts to reach its new goal. The Hebrew University said the cost of collecting donations was 20%. Donations covered 13% of the Hebrew University's budget last year: $ 118 million from its total budget of $ 3,000 million.

Before establishing a new goal for fundraising, the Hebrew University did extensive staff work to map the needs for which it will use the money. The various faculties and research institutes of the university presented their vision to the administration of the university, which then designed their priorities. The plan, which was presented to the university's board of trustees, included a $ 250 million allocation for high technology, $ 216 million for health, $ 115 for the Tikun Olam program of the university, etc.

"Today's donations are very specific, people want to know exactly where the money they donate goes and if it is used effectively, even when a donor gives a scholarship to the student, he wants to know and know about his progress." , Advance of VP of the Hebrew University and external relations, Yossi Gal said to "Globes". Gal is a former director general of the Ministry of Foreign Affairs and Israel's ambassador to France and the Netherlands.

Commenting on the crowdfunding campaign of the Hebrew University scheduled for the next six weeks, Gal said that in the United States the practice was quite acceptable. "We believe it is necessary to do new things and expand the public interested in what the university does, it is more than money and is designed to allow more people to participate in the experience, people want to contribute to a better world. , even the smallest one, is very significant because in the end, it needs these sources to advance in science, whether it helps a student with limited capacity or helps to found a brain research institute.

"One of the things that makes me happy is that a lot of people are concerned about high quality education. Our challenge is to try to reach more and more children and grandchildren of donors. They believe in philanthropy but you are competing with other institutions in this field and with the internal needs of your community abroad. The vast majority of our donors are Jews, mostly elderly, but we are also trying to reach young people, not necessarily the children of elderly donors. "

" Balloons ": What distinguishes older donors from younger ones?

Gal: " The connection of parents With Israel it is emotional and instinctive and they have more commitment, but today Israel is a very advanced country with a good solid economy. The emotional element is less "dramatic." The most important thing for the younger generation is the contribution to academic excellence and magic words such as innovation, entrepreneurship and the great inventions that have come from the Hebrew University. "

Do you have to make a donation to an Israeli university for innovation? You can donate to MIT or Harvard.

"He is right, we see the resources that are invested in universities and research in China and also in the main universities of the USA However, the" New York Times "recently published a qualification which shows that we were in 91 -100 place in the world in prestige and reputation.Our academic excellence continues to be an important factor in obtaining donations. "

Does the State of Israel in the world affect fundraising?

Be First to Comment

    Leave a Reply

    Your email address will not be published. Required fields are marked *