This week, I spoke to Keshet CEO Maya Natan about Israel’s philanthropic efforts and how it helps citizens and corporations donate money and assets.
Keshet is a donor-advised fund that offers a wide range of services to facilitate philanthropic giving, including advisory, operational, and strategic services. In 2024, it reached NIS 880 million ($270 million) of assets managed, and helped 155 donors grant NIS 420 million to more than 1,100 Israeli organizations.
Our conversation explores the significant role of the civic sector in Israel following the events of October 7, highlighting how NGOs and philanthropy stepped up to support the nation during a time of crisis.
We also discuss the unprecedented financial contributions made to address urgent community needs and the impact of these efforts on the country’s recovery.
Some takeaways:
The civic sector was crucial in supporting Israel post-October 7th.
Individuals and NGOs filled the gaps left by the government.
Philanthropy recognized the urgent need for support in Israel.
There was a significant increase in financial contributions to NGOs.
The response from the community was unprecedented in scale.
Organizations mobilized quickly to address national needs.
Collaboration between NGOs and individuals was vital.
