Dorot Foundation to Spend Down Endowment, Close by 2034 Amid Democratic Challenges
The Dorot Foundation, a social justice-focused grantmaker, has announced plans to spend down its $158 million endowment and close by 2034. This decision is driven by what the foundation describes as 'urgent challenges' facing the Jewish community and threats to democracy in the United States and Israel. Jeanie Ungerleider, the foundation's president, emphasized the need to fully utilize resources in response to these challenges. The foundation, established in 1972, has historically supported Jewish history, education, and pluralism, and has been a significant funder of archaeological projects and cultural institutions. The Dorot Fellowship in Israel, a flagship program, will also conclude as part of the foundation's closure. 
