Elite Philanthropy in Israel

The paper presents the findings of a study on elite philanthropy in Israel. The study aimed to describe and analyze the scope of elite philanthropy, which has been affected by the growth and relative stability of the Israeli economy. The study also aimed to shed light on the demographic characteristics of elite philanthropists, their motives for giving, preferred target populations and areas of interest for donations, the value of donations, and the channels and mechanisms through which donations are made. The findings revealed that the average percentage of donations out of the philanthropists’ total earnings was not lower than the percentage found among philanthropists in other Western countries. In the paper, we clarify the meaning of elite philanthropy in the context of Israeli society and the role of elite philanthropists in promoting social programs. We discuss the philanthropists’ sense of obligation to “give back” to the society which enabled them to become wealthy.