Keshet 2024
Year in Review
Keshet 2024
A Year in Review
Letter from the Chair and CEO
2024 was undoubtedly one of the most challenging years in the history of Israel’s civil society. Despite these hard times, both nationally and internationally, Keshet realized its vision and solidified its status as a national asset for strengthening society and advancing philanthropy in Israel.
This year, we have witnessed significant achievements alongside critical moments that underscored the importance of our work – from supporting social welfare organizations to expanding donor networks in Israel and worldwide. We are proud to be part of the civic fabric of hope and generosity that strengthens the foundations of Israeli society.
The following report highlights a year of intensive activity, accomplishments, and a forward-focused outlook. Above all, it reflects our donor’s and partner’s generosity and dedication to building a stronger Israel.
We want to express our gratitude to everyone who has supported, invested, and believed in our mission.
With great respect,
Maya Liquornik, Keshet Chair
Maya Natan, Keshet CEO
Maya Liquornik
Keshet Chair
Maya Natan
Keshet CEO
Keshet in Numbers
420
Million NIS
in grants given to over 1,200
non-profits
5
Years
910
Million NIS
in total assets received
8%
Average return
on managed capital
155
Donors
Keshet in Numbers
420
Million NIS in grants given
to over 1,200 non-profits
5
Years
910
Million NIS
in total assets received
8%
Average return
on managed capital
155
Donors
Significant Growth in
2024
New donors
0
New thematic funds and collaborations
0
Family foundations
0
Over
million NIS new assets
0
Over
million NIS in grants
0
Social Impact
Grants by field 2024
Total grants by five-year area
War grants by field
2023
- Civilian support centers – 16%
- Army gear – 13%
- Mental health – 12%
- Rehabilitating the south – 10%
- Other – 9%
- Food – 9%
- Refugees – 7%
- Hostage Families – 7%
- Hospitals – 7%
- Rescue services – 4%
- Education – 4%
- Culture – 1%
- Public relations – 1%
- Commemoration – 0%
- Orphans – 0%
2024
- Education – 24%
- Mental health – 22%
- Other – 14%
- Hostage Families – 7%
- Culture – 6%
- Rescue services – 5%
- Orphans – 5%
- Commemoration – 4%
- Public relations – 4%
- Refugees – 4%
- Civilian support centers – 3%
- Army gear – 1%
- Rehabilitating the south – 1%
Social Impact
Grants by field 2024
Total grants by five-year area
War grants by field
2023
- Civilian support centers – 16%
- Army gear – 13%
- Mental health – 12%
- Rehabilitating the south – 10%
- Other – 9%
- Food – 9%
- Refugees – 7%
- Hostage Families – 7%
- Hospitals – 7%
- Rescue services – 4%
- Education – 4%
- Culture – 1%
- Public relations – 1%
- Commemoration – 0%
- Orphans – 0%
2024
- Education – 24%
- Mental health – 22%
- Other – 14%
- Hostage Families – 7%
- Culture – 6%
- Rescue services – 5%
- Orphans – 5%
- Commemoration – 4%
- Public relations – 4%
- Refugees – 4%
- Civilian support centers – 3%
- Army gear – 1%
- Rehabilitating the south – 1%
The last quarter of 2023 marked a historic turning point, with an unprecedented volume of donations surpassing the total amount granted in assets throughout the year.
By the second quarter of 2024, a new trend emerged: many donors expanded their support beyond urgent needs, investing in new areas related to the war, as well as to their traditional core focus areas.
99% of Keshet donors continue to grow their personal giving funds over the years, making Keshet not just a convenient and professional tool but also a catalyst for philanthropic giving.
On average 30 new donors open accounts at Keshet each year.
Lior Krengel, CEO of Israeli Children's Fund:
“Keshet’s flexibility and creativity allowed us to focus on our primary mission and quickly establish a support system for 470 orphans from October 7. The combination of a smart financial platform and professional guidance enabled us to develop a long-term model that will support these children for the next 25 years. In addition, working with Keshet opened doors for us and created immediate trust with key organizations.”
99% of Keshet donors continue to grow their personal giving funds over the years, making Keshet not just a convenient and professional tool but also a catalyst for philanthropic giving.
On average 30 new donors open accounts at Keshet each year.
Lior Krengel, CEO of Israeli Children's Fund:
“Keshet’s flexibility and creativity allowed us to focus on our primary mission and quickly establish a support system for 470 orphans from October 7. The combination of a smart financial platform and professional guidance enabled us to develop a long-term model that will support these children for the next 25 years. In addition, working with Keshet opened doors for us and created immediate trust with key organizations.”
Not Just a DAF
Keshet is transforming and expanding its product portfolio.
1
DAF | Personal Giving Funds
Professional Management for Family Philanthropy
Fred and Sima Simon: “Beyond the friendly, incredibly correct, and just solution that Keshet provides to maximize the impact of our donations, we are so impressed time and again by the professional and customer service-oriented team that is always available for us and works from a place of passion and commitment to their mission.”
"When giving is combined with strategic thinking, its impact is multiplied. That’s what we’ve found in our partnership with Keshet."
2
FISCAL | A Professional Infrastructure for Philanthropic Foundations
Streamlined Operations for Grantmaking in Israel
3
PARTNER | Platform for Collaboration
Creating Strategic Collaborations between Donors
"Over the past year, I have had the privilege of seeing the light even in darkness, thanks to both well-established and new organizations that made a responsible and brave choice to join forces and collaborate for the sake of orphans, widows, families, and communities across Israel. In the complex reality we operate in, we could not have done this without the support and professional guidance of our partners. Keshet has provided us with a stable and meaningful professional space to build creative long-term solutions, allowing us to shape and influence the field of orphan care in Israel."
"The public endowment, a key tool in Western philanthropy, is being rediscovered in Israel and holds immense potential for Israeli society. Keshet is at the forefront of a new vision for public endowment - transforming it from a traditional legal mechanism into a dynamic and advanced philanthropic tool. The endowment’s unique flexibility and adaptability, including alignment with family visions, make it an ideal platform for those seeking to make a significant impact on Israeli society."
4
TRUST | Public Trust
Professional Management of Endowments
under development
Not Just a DAF
Keshet is transforming and expanding its product portfolio.
1
DAF | Personal Giving Funds
Professional Management for Family Philanthropy
Fred and Sima Simon: “Beyond the friendly, incredibly correct, and just solution that Keshet provides to maximize the impact of our donations, we are so impressed time and again by the professional and customer service-oriented team that is always available for us and works from a place of passion and commitment to their mission.”
2
FISCAL | A Professional Infrastructure for Philanthropic Foundations
Streamlined Operations for Grantmaking in Israel.
"When giving is combined with strategic thinking, its impact is multiplied. That’s what we’ve found in our partnership with Keshet."
3
PARTNER | Platform for Collaboration
Creating Strategic Collaborations between Donors
"Over the past year, I have had the privilege of seeing the light even in darkness, thanks to both well-established and new organizations that made a responsible and brave choice to join forces and collaborate for the sake of orphans, widows, families, and communities across Israel. In the complex reality we operate in, we could not have done this without the support and professional guidance of our partners. Keshet has provided us with a stable and meaningful professional space to build creative long-term solutions, allowing us to shape and influence the field of orphan care in Israel."
4
TRUST | Public Trust
Professional Management of Endowments
under development
"The public endowment, a key tool in Western philanthropy, is being rediscovered in Israel and holds immense potential for Israeli society. Keshet is at the forefront of a new vision for public endowment - transforming it from a traditional legal mechanism into a dynamic and advanced philanthropic tool. The endowment’s unique flexibility and adaptability, including alignment with family visions, make it an ideal platform for those seeking to make a significant impact on Israeli society."
Did you know?
This year, Keshet was included in donors’ wills as a bequest of assets to the next generation.
Did you know?
This year, Keshet was included in donors’ wills as a bequest of assets to the next generation.
Every Unicorn Needs a Rainbow (‘Keshet’)
Maximizing Impact in the Tech World
Keshet accelerates and expands philanthropic giving among entrepreneurs and investors in the tech industry by optimizing donation timing around liquidity events and offering efficient, simple solutions for donating non-cash assets. We understand the complexities of tech assets and know how to maximize the value of donations.
Optimizing donation timing during exits
Donating private shares at the optimal moment in a sale transaction maximizes benefits for both donors and society.
Leveraging secondary market transactions
Unique solutions that enable smart donation of shares within secondary transactions while maintaining investment flexibility.
Managing donations from venture capital funds
Expertise in donating VC fund rights, allowing investors to increase their social impact.
Financial advantage
Donating these assets provides full exemption from capital gains tax and a 35% tax deduction on the donation’s value.
Track record
Over 50% of Keshet donors are leading entrepreneurs and investors in Israel’s tech industry, leveraging our expertise to maximize their social impact.
Rachel Diamant – Founder, Emendo Biotherapeutics
“With an exit at the end of December, timing was critical. Keshet enabled me to establish a fund within days, maximize my tax benefits, and focus on social impact instead of bureaucracy. This is exactly the speed and efficiency we expect in the tech world.”
Ram Amar – Founder, Rewind.earth, Serial Climate-Tech Entrepreneur
“Keshet allowed us to time our donation optimally around
business success and maximize positive impact through learning,
deep engagement, and long-term planning.”
Every Unicorn Needs a Rainbow (‘Keshet’)
Maximizing Impact in the Tech World
Keshet accelerates and expands philanthropic giving among entrepreneurs and investors in the tech industry by optimizing donation timing around liquidity events and offering efficient, simple solutions for donating non-cash assets. We understand the complexities of tech assets and know how to maximize the value of donations.
Optimizing donation timing during exits
Donating private shares at the optimal moment in a sale transaction maximizes benefits for both donors and society.
Leveraging secondary market transactions
Unique solutions that enable smart donation of shares within secondary transactions while maintaining investment flexibility.
Managing donations from venture capital funds
Expertise in donating VC fund rights, allowing investors to increase their social impact.
Financial advantage
Donating these assets provides full exemption from capital gains tax and a 35% tax deduction on the donation’s value.
Track record
Over 50% of Keshet donors are leading entrepreneurs and investors in Israel’s tech industry, leveraging our expertise to maximize their social impact.
Rachel Diamant – Founder, Emendo Biotherapeutics
“With an exit at the end of December, timing was critical. Keshet enabled me to establish a fund within days, maximize my tax benefits, and focus on social impact instead of bureaucracy. This is exactly the speed and efficiency we expect in the tech world.”
Ram Amar – Founder, Rewind.earth, Serial Climate-Tech Entrepreneur
“Keshet allowed us to time our donation optimally around
business success and maximize positive impact through learning,
deep engagement, and long-term planning.”
Keshet in Action
Stories of Impact
Keshet in Action
Stories of Impact
This year, amid pain and loss, the power of Israeli generosity was on full display. An unprecedented wave of donations created vital support circles—from assisting the families of hostages to supporting women whose partners were called to reserve duty and aiding evacuees.
Our ability to efficiently and professionally connect donors with urgent needs on the ground demonstrated the power of organized philanthropy in times of national crisis. The following stories highlight how strategic partnerships between donors, organizations, and communities create a lasting, sustainable impact.
Slopes of Hope: The Story of the Sivan Weil Fund
Sivan Weil z”l served as a combat soldier in the Egoz Unit during the Swords of Iron War. He was killed in battle in Khan Younis in March 2024 at the age of 20. In his memory, his family established a fund at Keshet to support the rehabilitation of wounded soldiers through ski expeditions.
The Power of Unity: A Game-Changing Model for Supporting War Orphans
What began as 13 separate organizations has become one unified, robust support system serving over 1,000 orphans. The War Orphans Funders Forum, established in March 2024, presents a groundbreaking model that merges Keshet’s professional infrastructure with the grassroots strength of social organizations
Art, Women, and Impact: A New Model Transforming Philanthropy in Israel
Seventy women, one vision, and a quiet revolution in Israel’s art scene. ART NOW, led by Sharon Brandes and Vered Ilani, has created an innovative model that unites a committed community of women donors through Keshet’s professional platform. The result? A powerful support network that elevates high-quality art from Israel’s periphery to its cultural center.
Climate Innovation Meets Smart Philanthropy: The Keshet–PAI Partnership
As Israel faces pressing challenges, Keshet and the PAI Fund are pioneering a bold new model that merges climate expertise with strategic philanthropy. This unique partnership is driving groundbreaking initiatives to reduce greenhouse gas emissions while integrating technological solutions into the rehabilitation of northern and southern Israel.
Climate Innovation Meets Smart Philanthropy: The Keshet–PAI Partnership
As Israel faces pressing challenges, Keshet and the PAI Fund are pioneering a bold new model that merges climate expertise with strategic philanthropy. This unique partnership is driving groundbreaking initiatives to reduce greenhouse gas emissions while integrating technological solutions into the rehabilitation of northern and southern Israel.
Art, Women, and Impact: A New Model Transforming Philanthropy in Israel
Seventy women, one vision, and a quiet revolution in Israel’s art scene. ART NOW, led by Sharon Brandes and Vered Ilani, has created an innovative model that unites a committed community of women donors through Keshet’s professional platform. The result? A powerful support network that elevates high-quality art from Israel’s periphery to its cultural center.
Listening to Change
Over the Rainbow (Keshet)
Listening to Change
Over the Rainbow (Keshet)
The podcast that hosts the people shaping Israel’s future
In 2024, we launched Me’ever LaKeshet (Over the Rainbow), a podcast that spotlights the leading voices behind Israel’s strategic philanthropy. Hosted by Maya Natan, Keshet CEO, the podcast reveals the driving forces behind some of the country’s most significant social initiatives.
The first season kicks off with inspiring conversations featuring key figures such as Inbar Shashua Bar-Nir, who discusses redefining philanthropy in Israel; Gigi Levy-Weiss, who explores the integration of technology and social impact; and Maya Liquornik, who delves into the paradigm shift in giving in Israel. Each episode uncovers the human stories behind the initiatives that are shaping Israeli society.
Join us on Spotify and YouTube
Our episodes
Keshet is redefining philanthropy in Israel with a professional and ethical approach that views the social sector as a cornerstone of the stability of the State of Israel and Israeli society. Keshet – Donor Advised Fund was established to significantly increase the number of donors, enhance the volume of donations, and improve the quality of giving in Israel, thereby strengthening the activities of civil society in Israel in all its diversity.
contact us
Keshet-il.org | 09-9533895 | info@keshet-il.org