To: steve kammerer who wrote (2282 ) 10/15/2003 11:02:10 AM From: Emile Vidrine Respond to ZIONISM TAPS INTO FORD PROFITS THROUGH JEWISH-AMERICAN "ADVISERS"By shifting control of its Israel-related philanthropy to a Jewish group, Ford could blaze a new philanthropic trail that other non-Jewish charities may follow , philanthropy experts say. "If others emulate this shift, as a model it becomes even more significant than as an isolated act — and I hope it will," said Mark Charendoff, president of the Jewish Funders Network, an umbrella group of Jewish foundations ... Since 1948, Ford has granted $50 million to Israeli causes, Ford officials said. Among its recipients was the NIF, which has received $5 million since 1988. "This has an enormous effect, in that one of the world´s great philanthropic organizations has the confidence to put their portfolio of giving in Israel with us," said Peter Edelman, the New York-based chairman of the NIF board. Of the $20 million Ford is giving over five years, $1 million will go directly into NIF´s $4 million endowment, adding significant capacity directly to the grant-maker itself. The bulk of the money will go toward donor-advised awards by the new Ford-NIF fund to Israeli Arab and Jewish groups, to the tune of between $3.4 million to $3.5 million annually. Directing the new fund will be Ford´s former program officer for Israel, Aaron Back, who will be responsible for recommending the grants ..."
