Casino Magnate Pledges $5 Million To Birthright Israel

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Philanthropists Sheldon and Miriam Adelson are giving a $5 million matching grant to Taglit-Birthright Israel.

The grant, which was announced Monday, aims to encourage new donors by doubling their gifts in an ongoing attempt to transition from large philanthropic to grass-roots funding.

Since 2007, the Adelsons have donated more than $100 million to the organization, which sends young Jewish adults aged 18 to 26 on free 10-day trips to Israel. Sheldon Adelson is CEO of Las Vegas Sands Corporation. 

Earlier this year, the Israeli government announced a three-year commitment of $100 million in matching funds for Birthright.

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