NET WORTH: $5 billion
SOURCE OF WEALTH: Millennium Management
JEWISH FUNDING AREAS: Religious Institutions, Education
OVERVIEW: Israel Englander has a passion for giving to Jewish groups, mainly in his native New York. He's supported a number of congregations in Brooklyn and other areas of New York. He also funds Jewish schools, both higher education institutions like Yeshiva University, as well as grade schools. Besides his family foundation, Englander has moved philanthropy through a donor advised fund at Fidelity Charitable Gift Fund, making it tough to get a full picture of this funder's work.
BACKGROUND: The son of Jewish immigrants who survived the Holocaust, Israel Englander grew up in Brooklyn in an Orthodox Jewish family, and graduated from NYU with a degree in finance. Trading stocks since high school, he went to work on Wall Street, briefly enrolled in NYU's MBA program, and eventually founded Millennium Management. Millennium started with $35 million in 1990, and now manages assets of more than $33 billion.
FUNDING PROFILE: Israel Englander via his Englander Foundation funds a number of local congregations. Many of these are in his native Brooklyn, and have included Congregation Yetev Lev, Congregation Shaarei Zion of Bobov, Congregation Bais Usher, Congregation Kehilath Jeshurun and Congregation Beth Medrash Govoha. Englander has given especially large support to Yetev Lev and Shaarei Zion of Bobov. Other congregations in Miami Beach, Providence, Rhode Island and other cities have been supported too.
Apart from religious institutions, Englander also funds Jewish educational institutions. He used to be on the board of Yeshiva University and has given millions to the university. He has supported schools like Yeshiva Bais Binyomin in Stamford, Connecticut, Yeshiva Heichal Hatorah, Bais Yakov Academy in Brooklyn, and Mesivtha Tifereth Jerusalem, one of the oldest yeshivot in New York City.
Englander has also supported outfits like UJA Federation of New York, The Jewish Museum, and medical outfit Ahavas Chesed Fund.
LOOKING FORWARD: Expect Englander's support of Jewish organizations to continue its New York City focus. For a complete look at this funder's philanthropy, read our Wall Street Profile of Israel Englander.
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The Englander Foundation does not provide a clear avenue of contact but below is an address:
740 Park Avenue
New York, New York, 10021