NET WORTH: $4 billion
SOURCE OF WEALTH: Broadcom
JEWISH FUNDING AREAS: Education, Community, Spirituality, Tolerance & Diversity
OVERVIEW: Henry Samueli and his wife, Susan, established the Samueli Foundation. One of the Samueli Foundation's four funding priority areas is Jewish Culture and Values. The foundation states that it is particularly interested in supporting Jewish education, spirituality, heritage, and community identity, as well as combating antisemitism.
BACKGROUND: Henry Samueli graduated from UCLA, receiving a BS, MS, and PhD in electrical engineering from the school. He's one of the cofounders of the Broadcom semiconductor company, and the outspoken owner of the Anaheim Ducks NHL hockey team. In February 2016, Avago Technologies acquired Broadcom Corp. for $37 billion in cash and stock.
FUNDING PROFILE: The Samueli Foundation's funding priorities are Education, Youth Services, Integrative Health, and Jewish Culture and Values. The foundation unfortunately no longer accepts unsolicited LOIs, and is run by Samueli, his wife, Susan, and a small staff. In a recent tax year, the foundation gave a little over $500,000.
Recent grantmaking in the Jewish community takes a backseat to the other focus areas of Samueli’s foundation. In a recent tax year, support went to American Support for Israel, Friends of Yemen Orde, UCLA Hillel, and the Jewish Federation & Family Services Orange County (the geographic region that receives the majority of Samueli’s domestic granting).
LOOKING FORWARD: Overall, the Samueli Foundation's grantmaking in the Jewish community is but one small component of a large puzzle, but expect steady, modest sums to continue to support select Jewish organizations, particularly in the Orange County region of Southern California.
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