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<strong>AFHU</strong> NEWS<br />
Vol. 25 / Fall 2020<br />
KNOWLEDGE<br />
MOVES<br />
US
PAGE 2<br />
Letter from
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY<br />
<strong>AFHU</strong> NEWS VOL. 25 PAGE 3<br />
Leadership<br />
Dear Friend,<br />
We are happy to share with you this issue of <strong>AFHU</strong><br />
<strong>News</strong>, which highlights the ways in which American<br />
Friends of the Hebrew University (<strong>AFHU</strong>) and the<br />
Hebrew University of Jerusalem (HU) have adapted<br />
to working through the challenges posed by the<br />
coronavirus pandemic as well as the university’s<br />
ongoing efforts to defeat COVID-19.<br />
Inside, you’ll find an update on the university’s<br />
adoption of distance learning, as well as news on<br />
the establishment of Israel’s first National Biosafety<br />
Level 3 lab (BSL3) at the Hebrew University, the<br />
only civilian facility of its kind in the country. HU’s<br />
BSL3 will allow researchers from across Israel to<br />
safely conduct experiments that will help to defeat<br />
COVID-19, while providing a home for future research<br />
on other contagious illnesses.<br />
As <strong>AFHU</strong> adapts to the changing landscape caused<br />
by the pandemic, we have partnered with our<br />
colleagues at the Hebrew University to offer an array<br />
of interesting webinars to keep American friends<br />
connected with Jerusalem. <strong>AFHU</strong> staff have been<br />
busy transforming traditional events like the Bel Air<br />
Affaire and the 50th Anniversary New York Torch<br />
of Learning Gala into virtual gatherings, and <strong>AFHU</strong><br />
LEAD, our program designed to develop the next<br />
generation of community leaders, has also adapted<br />
to the changing circumstances, with much of their<br />
training and team-building events moving online.<br />
We have lots of interesting updates in this issue,<br />
so please be sure to share this digital issue of <strong>AFHU</strong><br />
<strong>News</strong> with friends, and don’t forget to click on the<br />
links that will take you to videos and more information<br />
at www.afhu.org.<br />
Beth Asnien McCoy<br />
Chief Executive Officer<br />
Clive Kabatznik<br />
President
PAGE 4
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY<br />
<strong>AFHU</strong> NEWS VOL. 25 PAGE 5<br />
<strong>AFHU</strong> National<br />
Leadership<br />
PRESIDENT<br />
Clive Kabatznik<br />
CHAIR OF THE BOARD<br />
Marc O. Mayer<br />
VICE CHAIRS OF THE BOARD<br />
Frances R. Katz<br />
Richard S. Ziman<br />
VICE PRESIDENTS<br />
Kenneth L. Stein<br />
Ronald M. Zimmerman<br />
TREASURER<br />
Joshua M. Olshin<br />
ASSISTANT TREASURER<br />
Frances R. Katz<br />
HONORARY VICE<br />
PRESIDENTS<br />
Ernest Bogen<br />
Rita Bogen<br />
Michael G. Jesselson<br />
Herbert L. Sachs<br />
Charles A. Stillman<br />
Stanley R. Zax<br />
HONORARY DIRECTORS<br />
Diane Belfer<br />
Charles H. Goodman<br />
Brindell Gottlieb<br />
Marvin Jubas<br />
Brad Karp<br />
HONORARY CHAIRS<br />
OF THE BOARD<br />
Stanley M. Bogen<br />
Michael S. Kurtz<br />
George A. Schieren<br />
Daniel I. Schlessinger<br />
Ira Lee Sorkin<br />
HONORARY PRESIDENTS<br />
Stanley M. Bogen<br />
Marc O. Mayer<br />
George A. Schieren<br />
Daniel I. Schlessinger<br />
Ira Lee Sorkin<br />
NATIONAL CAMPAIGN CHAIR<br />
James Matanky<br />
SECRETARY<br />
Pamela N. Emmerich<br />
ASSISTANT SECRETARY<br />
Richard D. Weinberg<br />
HONORARY VICE CHAIR<br />
OF THE BOARD<br />
Lawrence E. Glick
PAGE 6<br />
8<br />
Spotlights<br />
10<br />
COVID-19 Research<br />
11<br />
New Employee<br />
Spotlight: Jeremy<br />
Benjamin<br />
20<br />
Alumni Spotlights<br />
26<br />
Updates from HU<br />
28<br />
Research Updates<br />
Contents
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY<br />
<strong>AFHU</strong> NEWS VOL. 25 PAGE 7<br />
12<br />
Webinar Recaps<br />
15<br />
Coronavirus Research<br />
Fund<br />
18<br />
Einstein Project<br />
32<br />
Planned Giving<br />
34<br />
Predictable Income in<br />
Difficult Times<br />
38<br />
Regional Offices
PAGE 8<br />
SPOTLIGH
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY<br />
<strong>AFHU</strong> NEWS VOL. 25 PAGE 9<br />
TS
PAGE 10<br />
COVID-19 Research<br />
Since COVID-19’s appearance earlier this year, the<br />
Hebrew University has joined research institutions<br />
worldwide in a full-throttled, wide-ranging response to<br />
the coronavirus pandemic. Early on, HU researchers<br />
developed a more rapid testing regimen for the<br />
coronavirus by developing a diagnostic method<br />
proven to work 10 times faster than the current<br />
standard, making it possible to scan 10,000 samples<br />
simultaneously. Now, HU scientists are working to<br />
develop antibodies for diagnosis, treatment, and<br />
vaccination and investigating ways to harness the<br />
immune system to better combat viral infection.<br />
In order to determine the effectiveness of any<br />
treatment, experimental models for the infection<br />
and the disease are required, as are state-of-the-art<br />
experimental systems and facilities that allow safe<br />
research. To meet this urgent need, HU is currently<br />
constructing the only civilian Biosafety Level 3 lab<br />
(BSL3) in Israel, allowing researchers from across the<br />
country to conduct experiments on COVID-19, safely<br />
research other highly contagious illnesses, and help<br />
prevent future pandemics.<br />
The Hebrew University is in a unique position to<br />
continue providing innovative breakthroughs to<br />
current and future global health challenges. From<br />
the start of the pandemic, our interdisciplinary<br />
teams of computational scientists, cutting-edge<br />
experimentalists, and clinicians have been working<br />
on non-traditional approaches to treat COVID-19,<br />
leveraging their immediate access to patients, a<br />
newly established sample bank, and in-depth expertise<br />
in virus biology and genomic and computational<br />
technologies. Scientists at the Faculty of Medicine,<br />
the Rachel and Selim Benin School of Computer<br />
Science & Engineering, and the Edmond and Lily Safra<br />
Center for Brain Sciences (ELSC) are working with<br />
Hebrew University affiliated medical centers to meet<br />
patient and research needs surrounding COVID-19,<br />
and to build the infrastructure needed to help prevent<br />
future pandemics.<br />
While the BSL3 is under construction, HU scientists<br />
are investigating the possible use of an existing<br />
tuberculosis drug in limiting the spread of the<br />
coronavirus, reviewing the effectiveness of a<br />
cholesterol drug in lessening the deletous effects<br />
of COVID-19, and investigating whether a lockdown<br />
is effective in preventing the rapid spread of the<br />
coronavirus, to name just a few of the HU team’s<br />
pandemic-related research projects. Information about<br />
COVID-19 is constantly changing, and HU researchers<br />
are constantly seeking new insights and new<br />
treatments to end the pandemic. Be sure to check<br />
HU and COVID-19 regularly for the latest coronavirus<br />
research news from the Hebrew University.
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY<br />
<strong>AFHU</strong> NEWS VOL. 25 PAGE 11<br />
New Employee Spotlight:<br />
Jeremy Benjamin<br />
American Friends of the Hebrew University recently<br />
welcomed Mr. Jeremy Benjamin as the Pacific<br />
Northwest Region’s new Executive Director. With<br />
more than 20 years of non-profit experience,<br />
Jeremy’s background mirrors the Hebrew University’s<br />
breadth of interests. He has supported academic<br />
and community institutions covering topics from<br />
archaeology, classics, and Jewish studies to addiction<br />
medicine, social determinants of health, traumatic<br />
brain injury, stem cell research, and nearly everything<br />
in between. Jeremy is looking forward to bringing<br />
his creativity and the skills he has honed over the<br />
years at Stanford University Medical Center, San<br />
Francisco General Hospital Foundation, Sutter Health,<br />
San Francisco State University, and the Jewish<br />
Community Federation of San Francisco to his work<br />
at <strong>AFHU</strong>. Jeremy received dual graduate degrees<br />
from the Hornstein Program at Brandeis University in<br />
Jewish Community Service and Management and has<br />
a degree in Geography (he used to be a cartographer)<br />
from University of Delaware.<br />
A San Franciscan since 2001, you can often find<br />
Jeremy with his wife Jenny and two teenage children<br />
Sylvia and Gabriel walking along Ocean Beach or in<br />
Golden Gate Park, just a few blocks from their home<br />
in San Francisco’s Sunset neighborhood.
PAGE 12<br />
Webinar Recaps<br />
New challenges demand new solutions. As the United<br />
States and the world have adapted to living and<br />
working during a pandemic, the Hebrew University of<br />
Jerusalem has adopted new ways to teach remotely,<br />
and American Friends of the Hebrew University<br />
has adopted new ways to stay connected with<br />
American friends.<br />
<strong>AFHU</strong> staff across the country have acclimated<br />
to the new circumstances, maintaining office<br />
functions remotely, creating online Zoom meetings<br />
with supporters, coordinating one-on-one meetings<br />
between major donors and HU professors, planning<br />
virtual parlor meetings, and creating content to inform<br />
and engage our physically-distancing <strong>AFHU</strong> family.<br />
Webinars have proven to be an engaging way to<br />
connect American Friends with the Hebrew University.<br />
<strong>AFHU</strong>/HU webinars have covered a wide variety of<br />
topics, including:<br />
Jewish Life in Germany: Then and Now: An<br />
exploration of how the Holocaust experience colors<br />
our world: the past, through German Jewish life;<br />
and the present, through the experience of Israeli<br />
scientists in Germany.<br />
Coronavirus and the Future of Immunotherapy<br />
with Professor Isaiah T. (Shy) Arkin, Arthur Lejwa<br />
Professor of Structural Biochemistry at the Hebrew<br />
University of Jerusalem and the former Vice-President<br />
for Research and Development at the University.<br />
<strong>AFHU</strong> offers webinar topics as varied as the<br />
academic disciplines found at the Hebrew University<br />
of Jerusalem. There’s always something entertaining<br />
and informative on the <strong>AFHU</strong> YouTube channel, so<br />
be sure to subscribe to stay informed of the latest<br />
research and insights from the Hebrew University of<br />
Jerusalem and check out our events page.<br />
What Does it Take to be a Champion? An<br />
orthopedic surgeon and acclaimed author, an Olympic<br />
athlete, and a successful entrepreneur discuss how<br />
they came to be leaders in their respective fields.<br />
Developing New Diagnostic Tests for COVID-19:<br />
Technological Innovation in Times of Crisis: A<br />
discussion on the development of new diagnostic<br />
tests for COVID-19 with Dr. Naomi Habib, Assistant<br />
Professor at the Edmond and Lily Safra Center for<br />
Brain Sciences at the Hebrew University and the<br />
Goren-Kasam Lecturer in Brain Sciences.
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY<br />
<strong>AFHU</strong> NEWS VOL. 25 PAGE 13<br />
LEAD<br />
Despite the many obstacles posed by the COVID-19<br />
pandemic, <strong>AFHU</strong>’s leadership empowerment and<br />
development program, LEAD, continues to thrive.<br />
<strong>AFHU</strong> LEAD was developed to identify, cultivate,<br />
and mentor the next generation of leaders for<br />
American Friends of the Hebrew University<br />
by engaging with seasoned facilitators and<br />
brilliant Hebrew University researchers.<br />
Currently, the first LEAD cohort is scheduled to<br />
travel to the Hebrew University in May 2021 for the<br />
Board of Governors meeting, where they will have<br />
the opportunity to experience Israel’s dynamism and<br />
innovative spirit. When their program participation<br />
concludes, the cohort will participate in a “graduation”<br />
celebration during <strong>AFHU</strong>’s September 2021 Board of<br />
Directors meeting in Washington, D.C.<br />
When the program launched in January 2020,<br />
COVID-19 was a small cloud on the horizon. While<br />
original plans included in-person gatherings and a<br />
week-long group sojourn to Israel, <strong>AFHU</strong> Leadership<br />
Development Director Laura Abrams along with<br />
program mentors quickly adapted programming to<br />
virtual experiences. LEAD’s 15 dedicated participants<br />
have remained active and engaged during these<br />
challenging times.<br />
Webinars focusing on change management,<br />
innovation, and nurturing vision have prepared<br />
participants to become future <strong>AFHU</strong> leaders, and<br />
events like online happy hours have helped to continue<br />
building the comradery. Although focused on longerterm<br />
leadership development, the program has<br />
already proven a success, with members of the next<br />
generation of <strong>AFHU</strong> leaders already engaged with<br />
regional boards.
PAGE 14<br />
Bel Air Affaire<br />
2020 Bel Air Affaire Scholarship Campaign<br />
COVID-19 upended many things in 2020, but it could<br />
not stop the Bel Air Affaire. While the pandemic<br />
prevented the celebration from occurring in-person,<br />
the Bel Air Affaire continued as a virtual event,<br />
raising money to support COVID-19 research<br />
scholarships.<br />
Hebrew University President Professor Asher Cohen<br />
opened the program with an overview of HU’s<br />
evolution from its early days as a pioneering project<br />
of 20th century Zionists into a globally revered 21st<br />
century university equipped to meet modern-day<br />
challenges, including the coronavirus pandemic.<br />
Professor Isaiah T. (Shy) Arkin, the Arthur Lejwa<br />
Professor of Structural Biochemistry at the Hebrew<br />
University of Jerusalem, and the former Vice-<br />
President for Research and Development at the<br />
University, followed President Cohen with comments<br />
focused on the university’s work in detecting<br />
viral infection.<br />
The Hebrew University has mobilized its expertise<br />
and resources in the global fight against COVID-19.<br />
HU students from multiple disciplines are playing<br />
an important role in the university’s commitment<br />
to defeat the coronavirus. These students need<br />
your help to continue their efforts to defeat the<br />
coronavirus and forestall future pandemics.<br />
Thanks to Bel Air Affaire Co-Chairs Joyce Brandman,<br />
Renae Jacobs-Anson, and Helen Jacobs-Lepor for<br />
this successful virtual event, and thanks to <strong>AFHU</strong><br />
Western Region officers: President Mark R. Genender;<br />
Chairman Richard S. Ziman; and Vice-Chairs Patricia<br />
L. Glaser and Mark S. Vidergauz, for their work in<br />
helping to make the event a success.<br />
Professor Dina Ben-Yehuda — the first woman to<br />
head the Hebrew University Faculty of Medicine —<br />
discussed the multi-pronged attack HU researchers<br />
have taken against the virus and shared information<br />
on the vital role HU medical students played in<br />
visiting kidney dialysis patients during lockdown,<br />
helping with medication deliveries to housebound<br />
seniors, and working with the IDF to gather statistics<br />
on the effects of the pandemic in Israel. Finally,<br />
medical graduate students Roni Ben-Ami and Josh<br />
Moss shared their experiences during the pandemic<br />
and spoke of the importance of scholarships in their<br />
continuing education. A full video of the event is<br />
available here.
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY<br />
<strong>AFHU</strong> NEWS VOL. 25 PAGE 15<br />
Coronavirus Research Fund<br />
Anonymous Donor Pledges $6.9M to the Coronavirus Research Fund<br />
A $6.9 million pledge to the Coronavirus Research<br />
Fund from an anonymous donor, provided through<br />
<strong>AFHU</strong> and secured by Los Angeles-based board<br />
member Patricia Glaser, will assist the massive,<br />
multidisciplinary response to COVID-19 at the Hebrew<br />
University. The generous gift will enable the purchase<br />
of essential equipment, including a high-resolution<br />
microscope, mass spectrometer, and a robotic<br />
drug screening system, funding a project aimed at<br />
investigating the full structure of the virus.<br />
The research project facilitated by Ms. Glaser focuses<br />
on identifying parts of the SARS-CoV-2 structure that<br />
can trigger an immune response that will stop the<br />
viral infection. “While most labs around the world<br />
are focusing on the ‘spike’ protein of the virus, our<br />
scientists are taking a broader, and more innovative<br />
approach,” said Asher Cohen, president of the Hebrew<br />
University of Jerusalem. “They are investigating the<br />
full structure of the virus. To do that we need a stateof-the-art<br />
computational facility, advanced imaging<br />
systems, and robotic systems to handle many samples<br />
in parallel. We are grateful to our U.S. partners who<br />
are helping equip our researchers. This much-needed<br />
infrastructure will greatly advance computational<br />
medicine in the post-coronavirus era.”<br />
Deconstructing the virus employs researchers at<br />
the university’s Faculty of Medicine, the Rachel<br />
and Selim Benin School of Computer Science and<br />
Engineering, the Edmond and Lily Safra Center for<br />
Brain Sciences, the Faculty of Sciences, and Hebrew<br />
University’s affiliated medical centers. It is a part<br />
of HU’s broad program response to the pandemic,<br />
which also includes academics in microbiology,<br />
immunology, epidemiology, nanotechnology, computer<br />
science, chemistry, and physics in ongoing efforts to<br />
defeat the virus, along with academics in the social<br />
sciences, who are studying the impact of social<br />
isolation and addressing the economic effects of the<br />
crisis. “Hebrew University researchers — faculty and<br />
students alike — are working relentlessly in this fight<br />
and have already produced significant breakthroughs,<br />
such as a new testing model, new delivery methods<br />
for medicine, and diagnostic insights,” said Clive<br />
Kabatznik, <strong>AFHU</strong>’s Board President. “These<br />
magnanimous gifts, which we hope to increase via<br />
matching funds, present a promising start. However,<br />
much more support is needed to fully mobilize our<br />
scientific resources to control the virus and to meet<br />
the future challenges we will undoubtedly face.”<br />
To date, donors in the United States have pledged<br />
more than $10 million to support HU scientists in their<br />
fight against the coronavirus pandemic, which has<br />
infected more than 29 million people worldwide.
PAGE 16<br />
An Important Tool in<br />
Educating Israeli Dentists<br />
Renowned throughout Israel and proud of its global<br />
reputation for achievement, excellence, and innovative<br />
oral health research, the Hebrew University-Hadassah<br />
Faculty of Dental Medicine was founded in 1953 as<br />
a joint initiative of the Hebrew University, Hadassah,<br />
and the Alpha Omega International Dental Fraternity.<br />
Located on the university’s Ein Kerem campus,<br />
the Faculty offers a comprehensive approach to<br />
dentistry, involving the training of dentists and dental<br />
auxiliary professionals, extensive community outreach<br />
programs, and innovative research into dental diseases,<br />
application of new dental technologies, and craniofacial<br />
research. The new equipment is an important tool in<br />
furthering the faculty’s efforts to provide the highest<br />
standard of training for students.<br />
Smiles abounded when the Robert I. Schattner<br />
Foundation made a recent gift of $ 1 million in support<br />
of the Hebrew University-Hadassah Faculty of Dental<br />
Medicine. The generous gift will support the annual<br />
purchase of six new dental chairs over the next five<br />
years, providing the dental facility with state -of-theart<br />
equipment and enabling the Faculty of Dental<br />
Medicine to maintain the highest standards of dental<br />
education in Israel.<br />
Established in 1992 by Dr. Robert I. Schattner (z”l)<br />
(pictured, above), inventor of the OTC oral analgesic<br />
Chloraseptic, and headed by President and Chairman<br />
Mr. Sidney Bresler (pictured, right), the Robert I.<br />
Schattner Foundation continues Dr. Schattner’s<br />
lifelong commitment to education, access to dental<br />
health, and building a better world. As the Foundation’s<br />
website states: The overriding goal of the foundation<br />
is simple and straightforward – “to make grants where<br />
they will do the most good and where our gifts will<br />
make a real difference.”
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY<br />
<strong>AFHU</strong> NEWS VOL. 25 PAGE 17<br />
Brad and Sheryl Schwartz Donate $1<br />
Million to Fund High-Level Safety Lab for<br />
Coronavirus Research<br />
Brad and Sheryl Schwartz of Great Falls, Virginia, have<br />
donated $1 million to help build a top-level bio-safety<br />
lab, the first of its kind dedicated to non-governmental<br />
research in Israel. The lab will assist researchers at<br />
the Hebrew University of Jerusalem in deconstructing<br />
the virus that causes COVID-19.<br />
The $1 million gift from the Schwartzes is a major<br />
first step toward funding a biocontainment level 3<br />
(BSL3) national laboratory, which will enable directcontact<br />
research with the live virus, rather than virus<br />
components used in current labs. The projected<br />
cost for this lab, which will feature low air pressure,<br />
filtration systems, custom protective gear and an<br />
animal research wing is over $5 million.<br />
Brad and Sheryl Schwartz are longtime supporters<br />
of <strong>AFHU</strong>’s mission on behalf of Hebrew University<br />
and leaders in technology and innovation. They are<br />
founders of Blue Canopy, a large data analytics<br />
and cybersecurity services firm, which in 2017 was<br />
acquired by Jacobs Engineering. A former U.S. Air<br />
Force officer, Brad served as group Executive Vice<br />
President/COO for BearingPoint and regional Vice<br />
President with Oracle Corporation and both Brad and<br />
Sheryl held top-level positions at KPMG Consulting.<br />
Sheryl began her career as a CPA for KPMG where<br />
she supported a variety of publicly and privately held<br />
companies both in an audit capacity as well as due<br />
diligence and advisory roles in acquisition and public<br />
offerings. She serves as the Vice President of the<br />
Mid-Atlantic Region of <strong>AFHU</strong> and is a member of its<br />
national Board of Directors.<br />
“In addition to its world-class learning environment,<br />
Hebrew University is one of the world’s leading<br />
institutions in converting scientific research into<br />
practical applications for the world,” said Brad.<br />
Sheryl adds, “By building a BSL3 facility, Hebrew<br />
University will be able to continue engaging in<br />
cutting-edge research to develop solutions to<br />
lethal or infectious diseases such as SARS-CoV-2.<br />
This is important for the biotech industry, Israel, and<br />
the world.”<br />
The Hebrew University’s broad program in response<br />
to the pandemic marshals academics in microbiology,<br />
immunology, epidemiology, nanotechnology, computer<br />
science, chemistry and physics in the race for a<br />
vaccine, treatments and knowledge to stem the<br />
disease, which has already infected more than 24<br />
million people worldwide.
PAGE 18<br />
Einstein: Visualize the Impossible<br />
Brings Genius to Life<br />
“We see ourselves failing at critical challenges. And we<br />
come from a line of ancestors that stretch back FOUR<br />
BILLION - with a B - years. Every link in that chain<br />
of life did what they had to do to endure and flourish<br />
against hardship we couldn’t possibly even imagine. …I<br />
look to Einstein, and I see the strength, the imagination,<br />
and the conviction that is called for now.” — Anne<br />
Druyan, Writer/Director/Producer, Cosmos television<br />
series, and Advisory Board member to Einstein:<br />
Visualize the Impossible.<br />
We live in a moment of extraordinary challenges —<br />
requiring vision, creativity, and leadership to tackle the<br />
urgent global challenges that face us. From science<br />
and technology to culture and humanitarianism, there<br />
is no more inspirational symbol of transformational<br />
thinking than Albert Einstein.<br />
As we commemorate the 100th anniversary of Albert<br />
Einstein’s Nobel Prize in physics, a coalition led by<br />
the Hebrew University of Jerusalem, owner of the<br />
Einstein Archive and brand, is producing Einstein:<br />
Visualize the Impossible, a digital engagement platform<br />
celebrating the life, genius, and impact of Albert<br />
Einstein. The project is designed to inspire the next<br />
generation of scientific innovators and celebrate radical<br />
thinking and vision to uncover answers to the world’s<br />
greatest mysteries.<br />
The digital platform will launch in 2021 with immersive<br />
experiences built to connect Einstein’s scientific<br />
achievements and humanitarian values with the technological<br />
applications defining the twenty-first century and beyond.
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY<br />
<strong>AFHU</strong> NEWS VOL. 25 PAGE 19<br />
Platform features include:<br />
• Einstein’s Chalkboard: The Einstein Archive will come<br />
to life as digital experiences visualizing stories and<br />
artifacts related to the world’s most famous scientist.<br />
• Thought Leadership Hub: A series of conversations,<br />
podcasts, webcasts, livestream interviews, and written<br />
content will engage students, teachers, parents,<br />
business professionals, and broad audiences with<br />
leading thinkers and innovators on subjects ranging<br />
from the future of scientific discovery, technological<br />
innovation, culture, the humanities, and world peace.<br />
• Interactive Theories: AI-driven technologies will<br />
enable direct conversations and engagement with<br />
the avatar of Albert Einstein through the lens of his<br />
most famous theories (Relativity, Photoelectric Effect,<br />
and beyond).<br />
• Learning Center: Learning capsules (gamification,<br />
science experiments, equation solving, and customized<br />
lessons for all ages from Einstein himself) will engage<br />
students with Einstein’s theories in the context of<br />
twenty-first century STEM education.<br />
The Hebrew University is proud to share the life and<br />
legacy of Albert Einstein on the anniversary of his<br />
Nobel Prize. Einstein was a founder of the Hebrew<br />
University, and he delivered the first scientific<br />
lecture there on Mount Scopus in 1923. He willed<br />
his personal archives and rights to his works to the<br />
university following his death in 1955. The Einstein<br />
Archives, located in Jerusalem, includes Einstein’s<br />
scientific and nonscientific writings, the famous E=mc 2<br />
formula, books from his various libraries, photographs,<br />
and volumes of essays and papers that illuminate<br />
the life, work, and universe of the world’s most<br />
famous scientist.<br />
Be sure to follow Einstein: Visualize the Impossible<br />
to find out the latest on the exhibit, view Victoria<br />
Taylor’s LinkedIn interview with Anne Druyan, and<br />
read Keith A. Spencer’s Salon article with Avi Loeb.
PAGE 20<br />
Alumni Spotlight: Sarah Siegel<br />
When you meet Sarah Siegel, even virtually, you<br />
immediately feel her enthusiasm for the Hebrew<br />
University of Jerusalem (HU). Her excitement<br />
penetrates the screen as she shares how a year at<br />
HU changed her life.<br />
Studying at HU always intrigued Sarah. Her mother<br />
of blessed memory studied at the university in 1950,<br />
and while growing up, Sarah remembers hearing<br />
her mother’s stories of her time in Jerusalem. Sarah<br />
gained her own affinity for Israel through visits to the<br />
country as a child and teen to see her father’s (z”l)<br />
family, a number of whom had made aliyah in 1947.<br />
Spending the year at HU cemented her adoration.<br />
In July 1985, Sarah set off for the most memorable<br />
experience of her life. Even on her way from the<br />
airport to Hebrew University, Sarah knew, “It was<br />
the start of the most marvelous year.” Her time in<br />
Israel allowed her to explore and discover the person<br />
she would become. At age 20, she was considering<br />
life as an observant Jew while trying to define her<br />
sexual orientation. Going to Shabbat dinners with her<br />
friend Cathy Milch provided the chance to engage in<br />
dialogue about Judaism. Being at HU also encouraged<br />
Sarah to partake in an HU-sponsored Sea to Sea hike<br />
(from the Mediterranean Sea to the Sea of Galilee)<br />
and to taste strong Turkish coffee, once. As Sarah<br />
recalls, “I also learned life skills and thought if I can<br />
survive here in a foreign country, why not move to<br />
Chicago after I graduate from Ann Arbor, even though<br />
I don’t have any family or know anybody there? The<br />
year abroad at Hebrew U. really provided me with a lot<br />
of self-confidence.”
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY<br />
<strong>AFHU</strong> NEWS VOL. 25 PAGE 21<br />
Learning at Hebrew University had left such an<br />
impression on Sarah’s mother that Sarah remembers<br />
how her mother, who wasn’t fluent in Hebrew,<br />
“wanted her children someday to be able to study<br />
in Hebrew at HU, rather than in the English version<br />
of a class taught by Martin Buber as she had had to<br />
do.” Having attended a Jewish Day School and taken<br />
Hebrew in college, Sarah found Hebrew University’s<br />
Ulpan challenging even so. Ultimately, the program<br />
enabled her to fulfill her mother’s wish: Sarah took<br />
several classes in Hebrew. A Comparative Literature<br />
major, Sarah loved studying Hebrew short stories with<br />
native Hebrew speakers and fondly remembers an<br />
English Department class, “Jerusalem in Literature.”<br />
“We read Mark Twain’s Innocents Abroad and William<br />
Blake’s poetry, and viewed his artwork. I get emotional<br />
just thinking about it. Blake was a beautiful pick.”<br />
While at HU, Sarah also joined the editorial committee<br />
of the English Department’s literary magazine at the<br />
time, “Omphalos.”<br />
Sarah claims she wasn’t a top student while at HU,<br />
not being a native Hebrew speaker and being busy,<br />
cementing her identity. She spoke of failed romances<br />
with men and unrequited crushes on women that<br />
distracted her from her studies, but now understands<br />
that it was all part of the experience. Despite language<br />
and love struggles, Sarah’s time at HU enabled her to<br />
determine her senior thesis topic, featuring four Israeli<br />
and American authors Amos Oz, Shulamith Haraven,<br />
Flannery O’Connor, and Ann Beattie. HU’s library had<br />
ample materials permitting Sarah to research them.<br />
A year later, she would graduate from the University<br />
of Michigan (UM) with High Honors based on the<br />
quality of her honors thesis, and open about her<br />
lesbian identity.<br />
Sarah’s connection to Hebrew University has<br />
continued throughout the years. She remains in touch<br />
with dear friends who attended HU with her and, in<br />
2002, she joined an alumni trip to the university with<br />
her mother. The trip enabled Sarah and her mother to<br />
experience HU together as students. The pair learned<br />
from honeybee researchers at the Robert H. Smith<br />
Faculty of Agriculture, Food, and Environment, met<br />
IDF students in elite programs, and saw lectures on<br />
myriad topics from leading faculty. The trip further<br />
deepened Sarah’s love for the university.<br />
While Sarah is a proud alumna of UM, she feels<br />
a stronger emotional relationship with Hebrew<br />
University. Earlier this year, Sarah and her wife Pat<br />
Hewitt, both of whom are actively Jewish, donated to<br />
support LGBTQ student scholarships at HU. They said<br />
they felt compelled to give to HU because “We care<br />
about Israel....And at Hebrew U., for Sarah, everything<br />
was so vivid and poignant.”<br />
Sarah further explained, “Students of any nationality<br />
ought to be rewarded at Hebrew U. for being openly<br />
lesbian, gay, bisexual, transgender, or queer. Students<br />
should just be able to focus on their studies. As a<br />
college student, I didn’t have a lot of money and I<br />
want these students not to have worry about money<br />
for tuition.”<br />
Giving to Hebrew University provided Sarah and<br />
her wife Pat the unique opportunity to support<br />
a meaningful cause at a beloved institution.<br />
Reflecting on the “most memorable year of my life,”<br />
Sarah also encourages college students to study<br />
abroad at Hebrew University to have a marvelous<br />
experience, too.
PAGE 22<br />
Sarah recently retired from IBM as the manager<br />
of Learning Design, where she led a team that<br />
designs courses to help IBM employees gain skills<br />
in Leadership Development, Diversity & Inclusion,<br />
and more. One course Sarah is particularly proud<br />
of focused on global religion and culture. As she<br />
explained, “We [at IBM] were the first corporation to<br />
develop digital learning on the topic. Perhaps HU in<br />
Jerusalem was somewhere in my mind inspiring me. I<br />
wanted to ensure that IBM fostered an environment<br />
where everyone could be proud and comfortable with<br />
who they are. The knowledge that this program and<br />
the others we designed are experienced by up to<br />
350,000 IBMers around the world is really powerful.”<br />
Sarah looks forward to helping global HU students<br />
succeed, too: “We are committed to future generations’<br />
opportunities for academic- and self-discovery at<br />
Hebrew University, just like my alumna mom was<br />
committed to my experience. This is our version of l’dor<br />
v’dor [from generation to generation].”<br />
Sarah Siegel’s mom in 1950, sitting on a ruin
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY<br />
<strong>AFHU</strong> NEWS VOL. 25 PAGE 23<br />
Alumni Spotlight: Vlady Cornateanu<br />
homeland) he and his family eventually settled in Los<br />
Angeles, where he honed his business skills and built a<br />
successful career in the apparel industry as President<br />
and CEO of Addiction, a sourcing and manufacturing<br />
company for private label companies. His extensive<br />
business dealings in China led Vlady to become a<br />
facilitator for U.S. companies working in China and<br />
Chinese businesses in the U.S.<br />
For Vlady Cornateanu, it’s all about giving back. “I was<br />
born in Romania and, in those days, being pro-Israel<br />
was a crime. I was forced to leave the land of my<br />
birth, my family, and my friends. I arrived in Israel,<br />
young and alone. After serving in the army, including<br />
the Yom Kippur war, the Hebrew University welcomed<br />
me: I received a scholarship, made new friends, and<br />
received a quality and unforgettable education,”<br />
Vlady said.<br />
That is why Vlady sponsors individual scholarships at<br />
the Hebrew University of Jerusalem (HU)’s Faculty<br />
of Medicine. “Two of my sons are doctors/surgeons<br />
who have spent time studying in Israel. My third son<br />
is a cyber security research/scientist. I am proud of<br />
them and the good that they do in the world,” he said.<br />
“The scholarships help promising medical students<br />
who need financial support to fulfill their potential. It’s<br />
a way for me to give back to the Hebrew University,<br />
which made me feel part of the family and provided<br />
the scholarship I needed to pursue my studies,”<br />
he added.<br />
Vlady studied for his MA in archaeology at Hebrew<br />
University. After a brief time in Iran (his wife’s<br />
Even as he built his business career, Vlady’s passion<br />
for archaeology remained an important part of his<br />
life. Working in China allowed him to explore some<br />
fascinating sites, including a Buddhist cave in China’s<br />
Gobi Desert. The cave yielded an 8th century CE<br />
Hebrew scroll that highlights the little-known history<br />
of the Jewish presence on the famous Silk Road trade<br />
route. “I want to learn more about this merchant/<br />
explorer—this ‘Jewish Marco Polo’—and share his<br />
story,” Vlady said.<br />
Another area of archaeological interest to him is<br />
Israel’s 1st century BCE through 7th century CE<br />
synagogues and Christian churches. “There may be<br />
hundreds of these sites throughout Israel,” Vlady<br />
shared, adding, “We can use LIDAR technology<br />
(Light Detection and Ranging is a remote sensing<br />
method that uses light in the form of a pulsed laser<br />
to generate precise, three-dimensional information)<br />
to locate these remains. This shared history will be<br />
of interest to Jews and Christians in America and<br />
beyond,” Vlady said.<br />
While archaeology is a passion, Vlady remains<br />
focused on medical scholarships at HU. “This is<br />
such a worthwhile program; it does good for people<br />
everywhere. I encourage friends of the Hebrew<br />
University—in America and around the world—to<br />
join with me in supporting this worthwhile program,”<br />
he added.
PAGE 24<br />
Torch Talks<br />
Alumni Events Recap<br />
The Hebrew University Alumni Association’s Torch<br />
Talks webinar series explored a variety of topics this<br />
year. Webinars featured HU faculty, a Ph.D. student,<br />
and HU alumni on the university’s history in the<br />
city of Jerusalem, the Holocaust, and the idea of<br />
collective memory.<br />
Two classes of alumni from the One-Year Program<br />
at Hebrew University (at what is now the Rothberg<br />
International School) didn’t let the pandemic stop them<br />
from reconnecting. The classes of ’85-’86 and ’73-’74<br />
held virtual reunions over the summer, where they had<br />
the opportunity to hear from Hebrew University faculty<br />
before reminiscing about their time on campus.<br />
Capping off the summer with trivia, alumni from<br />
across the country teamed up virtually with family and<br />
friends for a fun evening that tested their knowledge<br />
on subjects like Israel, current events, pop culture,<br />
and entertainment.
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY<br />
<strong>AFHU</strong> NEWS VOL. 25 PAGE 25<br />
Legends of Tomorrow<br />
We all know it’s hard being a student during the<br />
COVID-19 pandemic. But imagine you’re a student at<br />
the Hebrew University, wondering if you’ll be able to<br />
return to your studies because you don’t know how you<br />
can afford to pay for your education.<br />
That’s why we created Legends of Tomorrow, a<br />
fundraising effort in support of HU students facing<br />
financial hardship during this time of economic<br />
uncertainty. Sara Abeba is one of those students. Sara<br />
is 28 years old, studying for a dual degree in social<br />
work and law. Her parents immigrated to Israel in the<br />
1991 Operation Solomon airlift of Ethiopian Jews, and<br />
her mother has worked as a janitor since her father’s<br />
death several years ago. Sara is the first among her six<br />
siblings to pursue a university degree which, she says,<br />
“pushes me to succeed and to be a role model.”<br />
Her scholarship has changed her life in two ways: “First<br />
is the understanding that there are people who feel<br />
it is important to give of themselves and contribute<br />
to society. This makes me aspire to reach a situation<br />
where I can help and give as much as possible. The<br />
second is economic: my family does not have the<br />
ability to support me financially and, undoubtedly, the<br />
scholarship has filled this void.”<br />
Bet on the students who’ve overcome the odds,<br />
the Hebrew University of Jerusalem students who<br />
give us all a reason to be hopeful for a better future.<br />
Learn more about how you can support HU’s<br />
Legends of Tomorrow.
PAGE 26<br />
UPDATES<br />
FROM HU
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY<br />
<strong>AFHU</strong> NEWS VOL. 25 PAGE 27
PAGE 28<br />
Research Updates<br />
HU Researchers Connect Antioxidant-Rich<br />
Foods with Colon Cancer<br />
It’s a fact that has long baffled doctors: Cancer in the<br />
small intestine is quite rare, whereas colorectal cancer,<br />
found in a smaller neighboring organ, is one of the<br />
leading causes of cancer death for people. What is it<br />
about the colon that seems to “attract” cancer?<br />
To answer this question, Professor Yinon Ben-Neriah<br />
at Hebrew University of Jerusalem (HU)’s Lautenberg<br />
Center for Immunology and Cancer Research and<br />
his team, led by Dr. Eliran Kadosh, found that cancer<br />
mutations are not necessarily bad actors. In fact,<br />
in certain micro-environments like the gut, these<br />
mutations can actually help the body to fight cancer.<br />
However, if the gut microbiome produces high levels<br />
of metabolites, like those found in certain bacteria and<br />
antioxidant-rich foods like black tea and hot cocoa,<br />
then it acts as a particularly hospitable environment to<br />
mutated genes and will accelerate the growth of bowel<br />
cancers. Their breakthrough findings were published in<br />
Nature magazine.<br />
Prof. Ben-Neriah and his team kept gut microbiomes<br />
in mind as they took a closer look at gastrointestinal<br />
cancers, and may have found the reason why only 2%<br />
of cancers take root in the small intestine, whereas 98%<br />
of cancers take place in the colon. One major difference<br />
between these two organs is their levels of gut bacteria:<br />
small intestines contain few, whereas colons contain<br />
multitudes. “Scientists are beginning to pay more and<br />
more attention to the role gut microbiomes play in our<br />
health: both their positive effects and, in this case,<br />
their sometimes-pernicious role in aiding and abetting<br />
disease,” explained Prof. Ben-Neriah.<br />
Click here to learn more.
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY<br />
<strong>AFHU</strong> NEWS VOL. 25 PAGE 29<br />
Yissum Spinouts Raise $79 million in<br />
H1 2020 Despite Coronavirus Uncertainty<br />
Startups from Hebrew University raised $79 million in<br />
the first half of 2020, Yissum, the technology transfer<br />
company of HU, announced. Despite the continuing<br />
global uncertainty caused by the coronavirus, 14 Yissum<br />
spinouts raised tens of millions of dollars in early-stage<br />
funding rounds.<br />
Investments were made in companies in the<br />
cleantech, agriculture, and foodtech sectors as well<br />
as in life science, AI, and education. Even though<br />
VC investments in the U.S. and Europe were down,<br />
Memory Triggering Increases<br />
Chance of Drug Addiction Relapse<br />
Our brains are wired to retain information that relates to<br />
the context in which highly significant events occurred.<br />
This mechanism also underlies drug addiction and is<br />
the reason why hanging out in an environment or with<br />
people associated with memories of drug use often leads<br />
to relapse.<br />
How our brains create this strong association, however,<br />
is less clear. Now, new research by Professor Ami Citri<br />
and Ph.D. student Anna Terem at HU’s Edmond and<br />
Lily Safra Center for Brain Sciences and the Alexander<br />
Silberman Institute of Life Science shows that a<br />
relatively obscure brain region known as the claustrum<br />
plays a significant role in making these connections.<br />
They published their findings in a recent edition of<br />
Current Biology.<br />
the number of VC deals in Israel reached a record in<br />
the second quarter of 2020. The amount of money<br />
raised in Israel was done so by just 174 companies.<br />
“We’re proud that the innovative companies emerging<br />
from research at the Hebrew University are continuing<br />
to grow even during these challenging times,” said Dr.<br />
Itzik Goldwaser, CEO of Yissum. “The fact that $79<br />
million was raised by these early-stage companies<br />
across a number of different sectors illustrates that<br />
the technology developed and cultivated at the Hebrew<br />
University is having a global impact.”<br />
Click here to learn more.<br />
repeated associations with the rewarding treats that lie<br />
within. In time, children unconsciously learn to “want”<br />
to see the store stimulus, which is separate from their<br />
“liking” the actual candy reward. Taking a closer look<br />
at how context becomes associated with cocaine,<br />
the researchers found a group of neurons within the<br />
claustrum that lit up during cocaine use. Further, these<br />
neurons are pivotal in the formation of an incentive<br />
salience that links context with the pleasure of cocaine.<br />
Click here to learn more.<br />
The researchers’ findings fit the idea of “incentive<br />
salience,” the process that determines the desirability<br />
of an otherwise neutral stimulus. For example, a candy<br />
store façade becomes very attractive to kids after
PAGE 30<br />
HU Research Team Discovers<br />
Fruit Bat Signal System<br />
When wild Egyptian fruit bats set out at night to forage<br />
in Israel’s Hula Valley, they do so using advanced<br />
spatial memory and flexible cognitive mapping of the<br />
fruit trees and other goals scattered in their foraging<br />
area. They seldom search randomly, and their foraging<br />
patterns cannot be explained by simpler navigation<br />
mechanisms, a research team headed by Professor<br />
Ran Nathan of HU’s Movement Ecology Lab has found.<br />
The groundbreaking study, co-authored with Tel Aviv<br />
University’s Prof. Sivan Toledo, HU doctoral candidate<br />
David Shohami, and other members of Prof. Nathan’s<br />
group, was featured as the cover story for a recent<br />
issue of Science. It details the bats’ cognitive map –<br />
the animals’ mental representation of their own position<br />
relative to the surrounding environment – that helps<br />
them to move efficiently from any location to any of<br />
the many goals within their foraging area, even if the<br />
goal is out of their sight or smell range.<br />
“Up to now, the technologies we had could not be used<br />
to track small wild animals in their natural habitats with<br />
the detail required to test the existence of a cognitive<br />
map,” says Prof. Nathan.<br />
To solve the dilemma, Prof. Nathan teamed up with<br />
Prof. Toledo to develop an advanced “inverse-GPS”<br />
tracking system they called ATLAS. After a few years of<br />
development and refinement, Shohami used the system<br />
to collect a large dataset of 172 foraging Egyptian fruit<br />
bats comprising more than 18 million localizations<br />
collected over 3,449 bat-nights across 4 years.<br />
Click here to learn more.
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY<br />
<strong>AFHU</strong> NEWS VOL. 25 PAGE 31<br />
New Section of The Great Wall of China<br />
Mapped for First Time<br />
For the first time, researchers have fully mapped<br />
“Genghis Khan’s Wall,” a 737 km section of The Great<br />
Wall that resides outside of China along the Mongolian<br />
Steppe. HU archaeologist Professor Gideon Shelach-<br />
Lavi led the international research team and published<br />
their findings in a recent edition of Antiquity.<br />
The famous “Great Wall of China” consists of several<br />
fortifications, built piecemeal between the last millennia<br />
BC and the 17th century AD. Shelach-Lavi and his<br />
team studied the northern phase of this wall-building.<br />
Aptly named “The Northern Line,” this section spans<br />
737 km (458 miles) and is mostly located in Mongolia,<br />
with some sections in Russia and China, an area that<br />
used to be home to nomadic tribes that routinely<br />
raided Imperial China. The wall was built during the<br />
Medieval Period (11th-13th centuries), an era that saw<br />
the rise of Genghis Khan (more accurately translated as<br />
“Chinggis Khan”).<br />
Originally, researchers believed that this section of<br />
the wall was built to defend the local population from<br />
the Great Khan and his nomadic raiders. However,<br />
Shelach-Lavi’s findings suggest that defense was not<br />
the primary function of these fortifications.<br />
“Our analysis of the wall suggests that it was not<br />
built to defend against large invading armies or even<br />
against nomadic raids into sedentary lands. Rather that<br />
it was geared to monitor and control the movements of<br />
nomadic populations and their herds,” explained HU Prof.<br />
Shelach-Lavi.<br />
Click here to learn more.
PAGE 32<br />
PLANNED<br />
GIVING
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY <strong>AFHU</strong> NEWS VOL. 25<br />
PAGE 33
PAGE 34<br />
Predictable Income<br />
in Difficult Times<br />
Neal Myerberg<br />
Planned Giving Expert<br />
The Low Interest Rate Environment<br />
Interest rates for savings, money market, and<br />
checking accounts are nearly zero. Rates for short<br />
term CDs are similarly low. Recent rates for Treasury<br />
instruments range from 0.10 % to 0.14 % for T-bills<br />
that mature from four weeks to 52 weeks.<br />
In addition, the IRS discount rate is at a historic low<br />
(0.4 % for September and October). This affects a<br />
variety of calculations including rates for charitable<br />
gift annuities. It particularly impacts rates for<br />
individuals under age 70.<br />
With interest rates this low, it may not be prudent<br />
for individuals to seek alternative income producing<br />
investments in order to generate more return if risk<br />
is, as it should be, a significant factor in making<br />
investment decisions – particularly for older<br />
individuals and retirees.<br />
Fed Chair Powell stated in August, and reiterated it<br />
again more recently, that the central bank will not<br />
feel obliged to raise interest rates even in a fullemployment<br />
economy. While raising rates has been<br />
a way historically to deal with inflation, Powell’s<br />
statement suggests a present change in philosophy.<br />
Additionally, Goldman Sachs has recently issued its<br />
prediction that the Fed will not raise interest rates<br />
until 2025.<br />
How Can a Charitable Investment<br />
Help with Income Needs?<br />
A charitable gift annuity (CGA) is a contract between<br />
you and American Friends of the Hebrew University<br />
(<strong>AFHU</strong>) which sets out fixed payments for one or<br />
two lives. CGAs are regulated by the New York State<br />
Department of Financial Services. Fixed lifetime<br />
rates for CGAs have historically been higher than<br />
prevailing interest rates. CGA rates are based on life<br />
expectancy data and are filed and approved by New<br />
York and other state regulators. CGA rates are set<br />
out in tables based upon the age of the annuitant to<br />
the nearest birthday. In addition to the fixed lifetime<br />
rate (through one or two lives), a contribution to<br />
establish a CGA entitles the donor to an income tax<br />
charitable deduction.<br />
At the outset, the gift annuity calculation includes<br />
the determination of how the annual annuity amount<br />
will be taxed. For gifts of cash, the recipient of the<br />
annuity will pay tax at rates for ordinary income for a<br />
portion of the annuity and receive the balance of the<br />
annuity amount tax-free.<br />
Because the IRS discount is at a historic low, the<br />
percentage of the annual CGA payments that are<br />
received tax-free is at a historic high. Beginning at<br />
age 70, the tax-free portion will be at least 85% of the<br />
annual annuity amount. The older the annuitant when<br />
the CGA is established, the larger the tax-free portion.<br />
Factoring in the taxable equivalent for tax-free income<br />
and adding that to the annual payment amount<br />
suggests that the rate of return from a CGA is<br />
substantially higher than the already generous fixed<br />
lifetime rate.
AMERICAN FRIENDS OF THE HEBREW UNIVERSITY<br />
<strong>AFHU</strong> NEWS VOL. 25 PAGE 35<br />
How are the Details of a Charitable<br />
Life Income Plan Determined?<br />
Whether the appropriate vehicle is a CGA or a<br />
charitable remainder trust (CRT) is best determined<br />
by a review of the goal to be achieved. If the goal<br />
is to increase returns on cash investment to a level<br />
that will provide predictable income through years<br />
of retirement, a CGA may be the best choice.<br />
Providing the charity with date/dates of birth is<br />
the first step in obtaining an accurate calculation.<br />
The calculation will provide you with the fixed lifetime<br />
rate, the amount of the charitable deduction, and the<br />
portion of your annual annuity that will be paid to you<br />
tax-free. You can request and complete a Request for<br />
Information here. You may also contact <strong>AFHU</strong> directly<br />
to obtain the table of CGA rates and visit the planned<br />
giving section of the <strong>AFHU</strong> website here.<br />
A CRT may either be established to provide for fixed<br />
payments for life/lives or for adjustable payments at<br />
a fixed rate based upon the revaluation of the CRT at<br />
the end of each calendar year. For information about<br />
the tax benefits of a CRT, you may contact <strong>AFHU</strong><br />
directly or first visit the planned giving section of the<br />
<strong>AFHU</strong> website here.<br />
For more information about charitable life income<br />
plan investments and to learn how to become a<br />
member of <strong>AFHU</strong>’s Einstein Visionaries Society,<br />
please contact Veronica Holquin at 212.607.8576<br />
or vholquin@afhu.org.<br />
If your planning may involve the use of appreciated<br />
capital gain property (e.g., stocks; mutual fund shares;<br />
works of art and other collectibles; investment real<br />
estate; secondary/vacation residences), a type of CRT<br />
may be the best choice. A contribution of capital gain<br />
property to a CRT enables you to avoid tax on the<br />
long-term capital gain at the time of contribution.<br />
Like a CGA, the rate for a CRT is fixed – but it is not<br />
based upon a table of rates. A customized calculation<br />
is required for a CRT to determine what rate may be<br />
set to enable the CRT to pass one or more IRS tests<br />
to qualify for tax-exemption. The rate for a CRT can<br />
never be lower than 5%.
PAGE 36<br />
ALBERT EINSTEIN<br />
One of the founders of<br />
the Hebrew University<br />
of Jerusalem.<br />
SUPPORT<br />
THE HEBREW UNIVERSITY.<br />
A GENIUS IDEA.<br />
By establishing a secure American Friends of the Hebrew University Gift Annuity you’ll receive great rates,<br />
an income tax charitable deduction (if you itemize), and you’ll advance revolutionary research.<br />
A F H U H E B R E W U N I V E R S I T Y<br />
G I F T A N NUI T Y R E T U R N S<br />
Age<br />
Rate<br />
Age<br />
Rate<br />
65<br />
66<br />
67<br />
68<br />
69<br />
70<br />
71<br />
72<br />
73<br />
74<br />
75<br />
76<br />
77<br />
4.7%<br />
4.7%<br />
4.8%<br />
4.9%<br />
%<br />
%<br />
%<br />
%<br />
%<br />
%<br />
%<br />
6.0%<br />
6.2%<br />
78<br />
79<br />
80<br />
81<br />
82<br />
83<br />
84<br />
85<br />
86<br />
87<br />
88<br />
89<br />
90+<br />
6.4%<br />
6.6%<br />
6.9%<br />
7.2%<br />
7.4%<br />
7.6%<br />
7.8%<br />
8.0%<br />
8.2%<br />
8.4%<br />
8.6%<br />
8.8%<br />
9.0%<br />
*<br />
Single Life Rates<br />
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PAGE 38<br />
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