11/18/2023 0 Comments What las vegas casinos are closed![]() ![]() More recent numbers are not yet available. The foundation had only about $6 million in reserves at the end of 2021. The foundation’s grantmaking dropped to $80 million in 2021 from $100 million the year before and $117 million in 2019, according to IRS records. But after the casino industry flat-lined early in the pandemic, Adelson donations to charitable and political causes declined.Īssets held in the family’s charitable trust dropped from more than $200 million before the pandemic to $37 million in 2021 as it distributed money to the foundation and other causes without being replenished, according to records filed with the IRS. ![]() The couple was also active in politics, supporting Republican campaigns. The Adelson Family Foundation - founded by Adelson and her late husband, Sheldon Adelson - has been a prolific giver to Jewish organizations, including Birthright Israel. ( JTA ) – The casino company controlled by Jewish megadonor Miriam Adelson is paying its shareholders dividends again, potentially paving the way to a rebound for the family’s foundation. ![]()
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