Earlier this month, the United Jewish Appeal-Federation of New York (UJA-Federation) held its annual benefit, in what is best described as feeling more like a family occasion than a stuffy fundraiser. According to Bloomberg Luxury, “A large and generous crowd gathered at the New York Hilton and raised more than $26 million, up from $23 million last year and the biggest sum in its history.” It was also the largest crowd the event has attracted, with 1,700 attendees up from 1,500 at last year’s event.
The UJA-Federation is a “central force for communal planning and philanthropy in the New York Jewish Community.” The Federation has close to 60,000 donors that work collectively to bolster pertinent humanitarian efforts, improve education, and strengthen Jewish communities globally. The funds raised from the UJA-Federation’s recent benefit will go towards the $140 million that the organization will spend assisting the poor, elderly, and children in New York, as well as for education and community-building this year.
As Bloomberg Luxury explains, “For the Jewish financial-services community, the UJA-Federation of New York benefit is as much a family occasion as any bar mitzvah or wedding,” of the lighthearted, festive gathering. Because the Federation is as much a philanthropic powerhouse as it is a family, the event had a very personal feeling. Prominent attendees included hedge fund managers Dan Loeb and John Paulson, chairman of Goldman Sachs Group Inc. Lloyd Blankfein, David Solomon, Daniel Och, UJA-Federation’s Financial Services chairman Robert Kapito, and many others.
For more information about UJA-Federation’s annual benefit, and its commitment to charity, visit the organization’s official website.