Please ensure Javascript is enabled for purposes of website accessibility
Sanctions on Russian Oligarch Donors Hit Israel Institutions
gvw_ap_news
By Associated Press
Published 2 years ago on
April 27, 2022

Share

 

Billionaire Moshe Kantor has severed his longstanding ties to Tel Aviv University — joining a growing list of Russian Jewish oligarchs who have scaled back their philanthropic activities after coming under international sanctions for their ties to President Vladimir Putin.

The sanctions have shaken up the world of Jewish philanthropy, which relies heavily on deep-pocketed donors like Kantor, and forced a number of prominent organizations to abruptly end partnerships with their benefactors since Russia invaded Ukraine on Feb. 24.

Kantor, a Russian fertilizer magnate who also holds British citizenship, served as the longtime president of the European Jewish Congress, emerging as an outspoken fighter against antisemitism. He founded or led a number of other important Jewish causes, including the World Holocaust Forum, served on the council of Israel’s national Holocaust memorial Yad Vashem and helped inaugurate the Kantor Center for the Study of Contemporary European Jewry at Tel Aviv University.

But after the United Kingdom imposed sanctions on Kantor early this month, he abruptly stepped down from the European Jewish Congress after 15 years at the helm. Tel Aviv University confirmed this week that Kantor’s name had been removed from the Jewish studies center, just days before it was to release its annual report on global antisemitism.

A statement issued through a spokeswoman said that Kantor had asked to suspend ties with a number of organizations on his own initiative.

“Dr. Kantor voluntarily stepped back with immediate effect from active involvement in the European Jewish Congress, the World Holocaust Forum Foundation and the Kantor Center in order not to distract from the important work of these organization,” the statement said.

Kantor, whose net worth is estimated by Forbes to be $4.6 billion, joins a number of wealthy Russian-Jewish businessmen to be sanctioned by the West over their purported ties to Putin.

Yad Vashem last month said it was suspending a reported donation of tens of millions of dollars from Roman Abramovich, owner of the Chelsea Football Club, after he was sanctioned by the U.K. and European Union. It cited “recent developments.”

Three other oligarchs who have been sanctioned by the West — Mikhail Fridman, Petr Aven and German Khan — abruptly resigned from the Genesis Philanthropy Group last month. In an email sent to its supporters, the group said the men had left “in order to assure the ability of GPG to stay true to its mission.” It made no mention of the sanctions.

The group funds projects to strengthen Jewish communities and causes around the world. The three men were also involved in the founding of the Genesis Prize — an annual award established with a $100 million endowment that recognizes a person for professional achievements and commitment to Jewish values.

Past winners of the $1 million prize have included actor Michael Douglas, filmmaker Steven Spielberg and former New York City Mayor Michael Bloomberg. This year’s laureate is Albert Bourla, the chief executive of drug maker Pfizer, who is expected to come to Jerusalem in June for an award ceremony.

The oligarchs have claimed the sanctions are unfair. Some, such as Fridman, have even spoken out against the Russian war against Ukraine, while Abramovich has tried to position himself as a would-be peacemaker between the warring countries.

Ariel Muzicant, the interim president of the European Jewish Congress, said the organization was shocked by the sanctions against Kantor, who he said “has dedicated his life to the fight against antisemitism, Holocaust commemoration and the security of Europe’s Jewish communities.”

“It is very sad and disturbing that Dr. Kantor, who has unparalleled contribution to the fight against antisemitism and the flourishing of Jewish life in Europe for over 15 years, has been sanctioned with no evidence-based merit, causing great damage to many people and organizations,” he said.

Many Jewish oligarchs have close ties with Israel, spending time in the country and even holding citizenship. That has created a delicate situation for the country, which was established as a safe haven for Jews but also has close ties with the West, especially the U.S.

Israeli leaders have said they will not allow the country to be used to circumvent international sanctions, though some oligarchs have reportedly been spending increased time in Israel. Abramovich, who took Israeli citizenship in 2018, has recently been spotted at Israel’s international airport, for instance.

Jennifer Laszlo Mizrahi, a Jewish American philanthropist, said the troubles of the oligarchs have created “an enormous challenge for the nonprofits that rely on their goodwill.”

She likened the crisis to the period after the downfall of financier Bernie Madoff, who squandered the fortunes of many Jewish charities in a massive ponzi scheme in the late 2000s. She said that many charitable groups, suddenly robbed of funding sources, were forced to close, consolidate or lay off workers.

Mizrahi said a discussion among professionals in the philanthropic world over the origins of donor money “is going on in a very big way.”

But she said that given the controversial origins of so many fortunes over the decades, going back to industrialists like Henry Ford or Andrew Carnegie, she believes it is more important to make sure that charitable funds are distributed effectively. She said it is especially critical that the recipients of charitable programs play a role in their decisions.

“The best solution is not to say I won’t take the money from A, B, C or D individual,” she said. Instead, she said the goal should be to use the money “in the best way to make the world a better place.”

But Anshel Pfeffer, a columnist with the Haaretz daily, wrote recently that the oligarchs have “polluted institutions with their dirty money.”

He said the war in Ukraine is a “ rude awakening to the breadth and depth of the effect of the oligarch class on the organizational climate of the Jewish world.”

RELATED TOPICS:

DON'T MISS

Fresno Oops? Garbage Hike Protest Vote Delayed by Error

DON'T MISS

Trump’s Potential VP Pick Boasts About Executing Puppy

DON'T MISS

Trita Parsi: Blind Support for Israel Erodes Western Democracies

DON'T MISS

Fresno Trash Hauler’s Response to Overpayments: We Followed the City’s Rules

DON'T MISS

Which Six QBs Were Selected in the Top 12 of the NFL Draft?

DON'T MISS

Nuggets Close to Sweeping Lakers After Game 3 Win

DON'T MISS

Jose Ramirez: ‘I Want to Make a Statement and Put on a Show’

DON'T MISS

‘IDEA’ Is the Latest Career-Oriented Campus on Fresno Unified’s Drawing Board

DON'T MISS

Yoshinobu Yamamoto’s 6 Shutout Innings Help Dodgers Finish Sweep, Defeat Nats 2-1

DON'T MISS

The 49ers Add Florida Receiver Ricky Pearsall With the 30th Draft Pick

UP NEXT

Egypt Sends Delegation to Israel, Its Latest Effort to Broker a Cease-Fire Between Israel and Hamas

UP NEXT

USC Scraps Graduation Ceremony Amid Concerns Over Potential Disruptions from Protests

UP NEXT

Lawyer Says Iran Rapper Famous for Songs After 2022 Killing of Mahsa Amini Sentenced to Death

UP NEXT

Hamas Official: We’ll Put Down Arms if an Independent Palestine Is Created

UP NEXT

Ex-State Department Official: Israeli Military Gets Preferential Treatment on Abuses

UP NEXT

Police Tangle With Students in Texas and California as Wave of Campus Protest Against Gaza War Grows

UP NEXT

Ukraine Uses Long-Range Missiles Secretly Provided by US to Hit Russian-Held Areas, Officials Say

UP NEXT

Tent Compound Rises in Southern Gaza as Israel Prepares for Rafah Offensive

UP NEXT

A Far-Right German EU Lawmaker’s Aide Is Arrested on Suspicion of Spying for China

UP NEXT

Israel’s Military Intelligence Chief Resigns Over Failure to Prevent Hamas Attack on Oct. 7

Fresno Trash Hauler’s Response to Overpayments: We Followed the City’s Rules

54 mins ago

Which Six QBs Were Selected in the Top 12 of the NFL Draft?

1 hour ago

Nuggets Close to Sweeping Lakers After Game 3 Win

1 hour ago

Jose Ramirez: ‘I Want to Make a Statement and Put on a Show’

2 hours ago

‘IDEA’ Is the Latest Career-Oriented Campus on Fresno Unified’s Drawing Board

Local Education /

2 hours ago

Yoshinobu Yamamoto’s 6 Shutout Innings Help Dodgers Finish Sweep, Defeat Nats 2-1

3 hours ago

The 49ers Add Florida Receiver Ricky Pearsall With the 30th Draft Pick

3 hours ago

Political Stunt, Egg on His Face, Personal Vendetta. Who’s Fresno DA Talking About?

3 hours ago

Blockchain Expert Unravels Misconceptions and Realities of Bitcoin Documentaries

Did Fresno Trustees Violate Brown Act in Superintendent Search Decisions?

Local Education /

5 hours ago

Fresno Oops? Garbage Hike Protest Vote Delayed by Error

A mistake by the city of Fresno in the process to approve residential garbage rates will delay a vote. When a city government proposes rate ...

4 mins ago

4 mins ago

Fresno Oops? Garbage Hike Protest Vote Delayed by Error

17 mins ago

Trump’s Potential VP Pick Boasts About Executing Puppy

29 mins ago

Trita Parsi: Blind Support for Israel Erodes Western Democracies

54 mins ago

Fresno Trash Hauler’s Response to Overpayments: We Followed the City’s Rules

1 hour ago

Which Six QBs Were Selected in the Top 12 of the NFL Draft?

1 hour ago

Nuggets Close to Sweeping Lakers After Game 3 Win

2 hours ago

Jose Ramirez: ‘I Want to Make a Statement and Put on a Show’

Local Education /
2 hours ago

‘IDEA’ Is the Latest Career-Oriented Campus on Fresno Unified’s Drawing Board

MENU

CONNECT WITH US

Search

Send this to a friend