Gift from Cleveland foundation makes its way to Israel
June 17, 2013
There are a number of foundations and charities that have bases in different countries but aim to accomplish the same goals. For instance, there are likely numerous nonprofits in many nations that hope to fix to homelessness in their areas. Sometimes, these groups cross international lines to help each other achieve their dreams.
This was the case recently when Cleveland's Jack, Joseph and Morton Mandel Foundation gave a gift of $25 million to the Jerusalem-based Bezalel Academy of Arts and Design, according to Cleveland Jewish News.
"As part of our long-term relationship with Bezalel Academy, the Mandel Foundation welcomes the opportunity to assist Bezalel in building their new campus in downtown Jerusalem," foundation CEO and co-founder Morton Mandel explained, as quoted by the newspaper.
This makes up a sizeable portion of Bezalel's campaign to raise $100 million to fund the construction of a new downtown campus by 2017, the news source noted.
The foundation was created to help nonprofits operating in five specific focus areas with their funding needs. These aims include contributing to the continuity of Jewish education programs, renewing urban neighborhoods and promoting higher education.
Nonprofit organizations that hope to benefit from large grant-giving opportunities can improve their chances of being selected for awards when they use nonprofit financial management programs. These solutions can generate data-driven reports for various stakeholders.