Talmudic Scholars' Fund Raises Record Sum Through Seminary Student Campaign
Translated & summarized from JDN by baba
The story in 5 lines · by baba
- The "Olam HaTorah Fund" raised a record 41.5 million shekels in one year.
- A unique campaign involved seminary students contacting family and friends.
- The fund operates on an annual budget to support Torah scholars.
- The initiative was founded by Rabbis Moshe Hillel Hirsch and Dov Landau.
- All donations go directly to existing yeshivas and kollels.
The "Olam HaTorah Fund" (World of Torah Fund) has successfully raised approximately 41.5 million shekels in a single year, a record amount for this type of campaign. The initiative, established to support Torah scholars during times of crisis, exceeded all expectations. The campaign's success was largely attributed to a unique fundraising effort involving seminary students who contacted family and friends, a strategy inspired by a similar event in the United States.
Initially, the idea of involving seminary students faced skepticism due to tight timelines and existing commitments. However, Reuven Wolf, a key figure in the fund, emphasized the urgent need, framing it as a matter of life and death, which galvanized support. The students' personal appeals proved highly effective, reaching deeply into the Orthodox community and yielding results far exceeding initial projections.
The "Olam HaTorah Fund" operates on an annual budget, distinguishing it from other campaigns that often span multiple years. This annual focus necessitated software adjustments to handle the rapid influx of donations. The previous annual record for a campaign of this nature was around 24 million shekels.
The fund was founded by Rabbi Moshe Hillel Hirsch and Rabbi Dov Landau during a period of severe budget cuts for yeshivas and kollels. Their initial efforts involved traveling to the United States to solicit donations from major philanthropists, focusing on intimate gatherings with large donors. This approach aimed to cultivate the next generation of Torah supporters.
Notable donors like Reuven Wolf and Shimon Glick have dedicated significant resources to the fund. Wolf, in particular, has shifted his focus from his business to supporting Torah institutions. The fund's efforts have reportedly channeled hundreds of millions of dollars into the Torah world, attracting new donors, including the Safra family, who redirected some of their philanthropy towards yeshivas.
The fund emphasizes that 100% of donations go directly to supporting existing yeshivas and kollel scholars, with all operational and promotional expenses covered separately by major donors like Reuven Wolf. This strict allocation ensures that every shekel contributes to the sustenance of Torah study.
Read the original at JDN