What's Happening?
The Charles and Lynn Schusterman Family Philanthropies has announced the closure of its ROI program, effective July 1, 2026, after nearly two decades of operation. The program, which has been instrumental in nurturing young Jewish change-makers through
summits and microgrants, will hold its final summit next spring. The decision to shutter the program comes as the foundation shifts its focus towards grantmaking in the U.S. and Israel, particularly in combating antisemitism and anti-Zionism. The ROI program has been a significant platform for Jewish activists, social entrepreneurs, and professionals, many of whom have become leaders in various sectors.
Why It's Important?
The closure of the ROI program marks a significant shift in the philanthropic strategy of the Schusterman Family Philanthropies. By reallocating resources towards grantmaking, the foundation aims to address pressing issues such as antisemitism and support for Israeli initiatives. This move could influence other philanthropic organizations to reassess their strategies in response to evolving global challenges. The end of the ROI program also highlights the importance of adaptability in philanthropic efforts, as the foundation seeks to maximize its impact in areas where it can add the most value.
What's Next?
As the ROI program winds down, the Schusterman Family Philanthropies plans to support its team members through the transition, with some employees moving to the grantmaking team. The foundation will continue to share insights and methodologies developed through the ROI initiative with other organizations, fostering the growth of new communities of change-makers. The final summit will focus on new challenges and opportunities, encouraging participants to leverage their collective expertise to drive social change.
