Funding Innovation

By Felicia Herman

Jewish Communal Service Association of North America (JCSA), Spring 2009

The economic climate of severe recession has seen the cutting back of many funds devoted to innovation in the Jewish community as funders have instead focused their efforts on basic human services and reliable brand names. The author argues that not only should funders continue to fund innovation in the current climate but that innovation is even more important now than ever before. She cites numerous successful examples of recent innovations in the Jewish community, noting that millions of people have been touched by relatively small investments owing to the ingenuity, hard work, and dedication of Jewish entrepreneurs and their supporters. By funding and giving autonomy to creative individuals who are willing to take risks, funders can help create new organizations or renovate existing ones with only modest grants. Such investments can have resounding impacts on the future of the Jewish community, during this economic crisis and beyond it.

Topic: Innovation, Philanthropy and Fundraising, Development, Economy, Fundraising and Philanthropy, Jewish Organizations

Name of Publication: Journal of Jewish Communal Service

Editor: Gail Naron

Volume/Issue: Vol.84/no.1/2

Page Number(s): 45-61

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Genre: Article

Coverage: United States

Language: English

Copyright Holder: Publisher

Copyright Information: Download for personal use, freely distribute link

Bibliographic Information:
Herman, Felicia. Funding Innovation. Journal of Jewish Communal Service. Jewish Communal Service Association of North America (JCSA). Spring 2009: 45-61.


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