Regals Foundation

OVERVIEW: The Regals Foundation primarily funds grantmaking related to Jewish causes, favoring Hasidic organizations in New York.

IP TAKE: The foundation keeps a low public profile, which limits information available on its grantmaking priorities and activities. Hasidic organizations in New York may find it worthwhile to reach out with ideas and questions about grantmaking opportunities.

PROFILE: Founded in 1997, the Regals Foundation is steered by financier David Slager. David runs Regals Capital Management in New York City and is a director of Oramed Pharmaceuticals. The foundation does not maintain a website, limiting information available on its grantmaking. According to tax filings, the Regals Foundation primarily funds grantmaking related to Jewish causes, including education and temples.

Grants for Jewish Causes

David Slager and his wife, Lara, are founding supporters of Chabad on Campus UK. Slager became connected to Chabad House at Oxford University as a law student. They also underwrote the $5 million Machne Israel Early Childhood Initiative, helping bolster Chabad-run preschools in the New York area. Other recent grantees include the International Bris Association, the Brooklyn Holistic Synagogue, Chabad of Hyde Park and the Ramaz School Scholarship Fund.

Important Grant Details

This funder made over $900,000 in grants in a recent year. Grants range from $300 to $170,000. In a recent fiscal year, the foundation gave away around $374,000. This funder supports Jewish causes exclusively, with many grants going to Hasidic and Lubavtich organizations in New York City.

The foundation keeps a low profile but does appear to be open to contact.

PEOPLE:

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CONTACT:

David Slager
c/o Regals Management LP, 152 W. 57th St.
New York, NY 10019
(212) 256-8402