Mizrahi Tefahot Bank Invests Hundreds of Thousands in Youth Community Projects
Translated & summarized from Ice by baba
Mizrahi Tefahot Bank is investing hundreds of thousands of shekels in 53 youth-led social and environmental projects across Israel through its "Moving for the Community" program. The 14-year-old initiative, in partnership with the Youth Movements Council, empowers teenagers to implement their ideas for community change. The bank also runs a "Gift Menorah" project providing holiday gifts to vulnerable children and has a separate scholarship program for injured security personnel at Bar-Ilan University.
The story in 5 lines · by baba
- Mizrahi Tefahot Bank is funding 53 youth-led social and environmental projects nationwide.
- The "Moving for the Community" program is in its 14th year and is a collaboration with the Youth Movements Council.
- Hundreds of thousands of shekels are being allocated to empower teenagers to implement community change initiatives.
- The bank also supports vulnerable children through its "Gift Menorah" project.
- Partner media group offers scholarships to injured security personnel at Bar-Ilan University.
Mizrahi Tefahot Bank has allocated hundreds of thousands of shekels to support youth-led social and environmental initiatives through its "Moving for the Community" program. Now in its 14th year, the program, a collaboration with the Youth Movements Council (Matan), funded 53 projects chosen from hundreds of submissions by teenagers nationwide. The initiative aims to empower young people to transform their ideas for social change into tangible realities.
Beyond financial support, the program provides participants with hands-on experience in project planning and management, from identifying community needs to budgeting and execution. The selected projects represent diverse sectors of Israeli society, and many continue to have a lasting impact long after the funding period ends. A special committee, chaired by Bank Chairman Avi Zeldman and including bank management and Matan representatives, selects the projects annually.
The announcement event for the selected projects was attended by Bank Chairman Avi Zeldman, CEO Moshe La'ari, VP Meital Harosh, bank community relations staff, Matan Secretary-General Naftali Deri, and representatives from participating youth movements.
This initiative complements the bank's "Gift Menorah" project, where employees purchase Hanukkah gifts for at-risk children, foster children, and youth in welfare settings. Last year, gifts were distributed to children through organizations such as Or Shalom, Migdal Or, Emunah, Bat Melech, and the Association for the Advancement of Education.
Separately, the Partner media group is deepening its involvement in Israeli academia by continuing its collaboration with Bar-Ilan University. This partnership will provide scholarships to students serving in the security forces who were injured during the "Swords of Iron" war, aiming to support their rehabilitation and academic progress.