Wexner Foundation

Last updated

The Wexner Foundation
Formation1983;42 years ago (1983)
Headquarters New Albany, Ohio, United States
President
B. Elka Abrahamson
Revenue$15,181,043 [1] (2015)
Expenses$15,288,406 [1] (2015)
Website wexnerfoundation.org
Leslie Wexner receives the Woodrow Wilson Award for Corporate Citizenship. Leslie Wexner receives woodrow wilson award.JPG
Leslie Wexner receives the Woodrow Wilson Award for Corporate Citizenship.

The Wexner Foundation is an American philanthropic organization which focuses on developing Jewish professional and volunteer leaders in North America and public leaders in Israel. Founded by Les Wexner, CEO of Limited Brands, in 1983, [2] its headquarters are located in New Albany, Ohio, with additional offices in New York City and Jerusalem. [3] In addition to their offered leadership programs, the Wexner Foundation supports other Jewish charities as well.

Contents

History

In the early 1980s, Leslie Wexner founded two separate organizations designed to foster strong leadership in Israel's public sector, and Jewish professional and volunteer leadership in North America. The Wexner Heritage Program was created to strengthen volunteer leaders. The Wexner Graduate Fellowship was created for emerging professional Jewish leaders and in 2006 was renamed The Wexner Graduate Fellowship/Davidson Scholars Program when the William Davidson Foundation joined as a partner. The Wexner Israel Fellowship was created for mid-career Israeli public officials. In the 1990s, Abigail Wexner joined her husband in charting the Wexner philanthropic vision and their roles as chairmen. In 2003, the two foundations merged, and since then The Wexner Foundation has run its programs as a unified organization under the couple's leadership. The Foundation has also added new programs to expand upon its mission of strengthening Jewish leaders. Since 2013, The Wexner Foundation has launched five additional programs: Wexner Service Corps (2013), Wexner Field Fellowship (2013), Wexner Senior Leaders (2014-2023), Wexner Davidson Fellowship (2024) and Wexner Resilient Leaders (2025). Since 2023, three programs have ended – Wexner Graduate Fellowship/Davidson Scholars Program, Wexner Israel Fellows, and Wexner Senior Leaders.

The first of the foundation's core programs was founded in 1985. Leslie Wexner and Rabbi Herbert A. Friedman, the former CEO of the National United Jewish Appeal, established the Wexner Heritage Program. This program's mission statement, according to the Wexner Foundation website, is "to educate Jewish communal leaders in the history, thought, traditions, and contemporary challenges of the Jewish people."

In 1988, the Wexner Graduate Fellowship Program was founded by the Wexner Foundation. It awards scholarships to 20 exceptional individuals in North America who wish to obtain degrees in Jewish education, Jewish leadership, rabbinical studies, or cantorate studies. The mission of this program is "to encourage promising candidates to successfully meet the challenges of professional Jewish leadership in the North American Jewish community." In 2006, the Wexner Foundation brought in the William Davidson Foundation as a partner and the program was renamed the Wexner Graduate Fellowship/Davidson Scholars Program. The program ended in 2023.

The Wexner Israel Fellowship Program was created in 1989 and ended in 2024. It was a partnership between the Wexner Foundation and Harvard University's John F. Kennedy School of Government. The program annually selected up to 10 Israeli public officials and/or nonprofit leaders to participate in leadership seminars while they pursued a mid-career Master of Public Administration (MPA) degree at the Kennedy School. The goal of this program, according to the Wexner Foundation website, is "to provide Israel's next generation of public leaders with advanced training in public management and leadership development, thus enhancing the quality of democracy and the institutional vitality of Israel's public sector."

The Wexner Foundation headquarters are located in New Albany, Ohio with an office in Jerusalem, Israel. The president of the Wexner Foundation is Rabbi B. Elka Abrahamson.

In October 2023, the Wexner Foundation announced the severance of its ties with Harvard University due to dissatisfaction with how the university responded to antisemitism and Jewish concerns on campus after the October 7, 2023 Hamas massacre in the surprise attack on Israel.

Controversy

In October 2018, Israeli reporter Erel Segal reported that $2.3 million had been transferred to Ehud Barak for unknown work between 2004 and 2006 by the Wexner Foundation, which had described the money transfer as payment for research. [4] On October 29 Maariv (through its Israeli radio station) reported that Barak had been given the funds while he was a private citizen and the fund transfer is under investigation. [5] However, on November 6 a call for investigation by the attorney general of Israel had been filed. [6] The following day, it was reported that contrary to initial claims, the Wexner funds had been transferred to Barak while he may not have been a private person. [7]

Jeffrey Epstein, the American financier and convicted sex offender, was a trustee of the foundation from 1992 to 2007. [8] Epstein, according to The New York Times, held "an unusually strong hold on Mr. Wexner," [9] and "[h]eld the title of President of the Wexner family financial office." [10] Still, an 18-page independent review conducted by the law firm Kegler, Brown — like Wexner's entities also based in Columbus, Ohio — stated that "Epstein played no meaningful role in the Foundation’s budget, finances or accounting processes" and that "(he) played no role in the operation of the Foundation’s fellowships or other programs." [10]

See also

References

  1. 1 2 "Wexner Foundation" (PDF). Foundation Center. October 26, 2016. Retrieved January 2, 2018.
  2. "Wexner Foundation". Inside Philanthropy. March 31, 2023. Retrieved May 17, 2023.
  3. "Our Team - The Wexner Foundation". The Wexner Foundation. Retrieved May 17, 2023.
  4. "Barak Owes Israelis an Explanation for $2.3 Million Payment". Haaretz. November 30, 2018.
  5. "103FM - אראל סג"ל - בעקבות החשיפה: "הנציבות בודקת את הכסף לאהוד ברק"". 103FM - האזנה לרדיו און ליין.
  6. "תלונה ליועמ"ש: חקור את הכספים שקיבל אהוד ברק מקרן וקסנר". November 6, 2018.
  7. "103FM - אראל סג"ל - "אם לא נקבל תשובות נחפש אותן בארה"ב"". 103FM - האזנה לרדיו און ליין.
  8. Dolsten, Josefin (February 27, 2020). "Review finds Jeffrey Epstein 'played no meaningful role' in Wexner Foundation". Times of Israel . Archived from the original on December 30, 2022. Retrieved December 30, 2022.
  9. Steel, Emily; Eder, Steve; Maheshwari, Sapna; Goldstein, Matthew (July 26, 2019). "How Jeffrey Epstein Used the Billionaire Behind Victoria's Secret for Wealth and Women". The New York Times.
  10. 1 2 https://www.wexnerfoundation.org/Media/News/Wexner%20Foundation%20Report%20Following%20Independent%20Review%5b4%5d.pdf [ dead link ]