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Israel’s ravaged kibbutzes have become museums of the macabre. Their former residents want to go home..
GAZA ENVELOPE, Israel (JTA) — For Ido Felus, returning to his home in Kfar Aza is not a choice but an imperative that has guided every decision he has made — including what to study in college — since Oct. 7.
“If we don’t come back, the terrorists will have won,” Felus, 24, told the Jewish Telegraphic Agency from outside his home, the corner house in a row of ravaged one-story structures in the devastated kibbutz. Before the attack, he planned to study psychology, but he is now pursuing a business degree, with one ambition only.
“I am making it my life’s mission to rehabilitate this place. It should also be Israel’s most important mission. This area should no longer be peripheral — it should be the center of everything. Israel’s high-tech scene should relocate here,” Felus said.
According to Felus, many of the kibbutz’s younger generation — especially those who are single — feel the same way. “Even those who at first said they can’t come back are now saying they can’t not come back,” he said.
Last week, as the 100-day mark since the attack neared, the first residents of Kfar Aza returned home. Ayelet Cohen and Shachar Shnurman, whose home was one of the few to remain intact during the onslaught, said they were tired of being refugees. Despite the noise of war happening over the border, the middle-aged couple said they were able to sleep much more soundly in the kibbutz.
“In Tel Aviv there is the noise from cars. Here it’s no different than it was in 2014 [during the war with Hamas]. The kibbutz is destroyed, but in terms of the noise, the echoes of the explosions from Gaza is the music we know,” Schnurman told the Israeli news website Ynet. “Some people tell us, good for you, but others say we’ve gone crazy. I can’t disagree with them.”
A month after the war broke out, destruction and rubble dominated the once-arcadian kibbutz. Two months later, the landscape remains starkly unchanged. A notable difference, however, is the volume of visitors, which has risen dramatically, turning the area into a museum of the macabre.
Celebrities and influencers including Jerry Seinfeld, Debra Messing, Montana Tucker, Scooter Braun, Michael Rapaport, Caroline D’Amore, Gregg Sulkin and Emily Austin have all headed to Israel to meet with hostage families and visit the sites of the Oct. 7 massacres. (Screenshots via Instagram, design by Jackie Hajdenberg)
For months, the visitors included volunteers with Zaka, the nonprofit that searching for and evacuating bodies and body parts as well as cleaning out burned vehicles, all according to the dictates of Jewish law. But after almost three months of daily work, Zaka said it has now finished its activities in the Gaza envelope, its spokesman, Moti Bukchin told JTA. Now, the organization is only being called to work in very specific cases, for example, if new rains reveal previously undiscovered body parts or blood.
Still, in every direction, groups of people can be seen milling around, wandering shell-shocked through the debris or listening to their guides — often former residents of the Kibbutz like Felus — recount the horrors they experienced on Oct. 7. Many of them are part of a growing cadre of solidarity mission participants from Jewish communities in the United States, sometimes including celebrities and social media influencers; the area remains a closed military zone, off-limits to civilian Israelis and under ongoing rocket fire from Gaza.
Samuel Hayek, the chairman of JNF-UK, was part of a tour of the decimated kibbutz led by Felus.
“There is only one word to describe what seeing this in real life is like: Devastating,” he said. “We will be there, as we have for years, to strengthen the periphery until their lives and their neighborhoods are restored.”
JNF-UK executive director Yonatan Galon told JTA that for the past decade, the organization has spent roughly $5 to $8 million annually on infrastructure, education, and welfare initiatives across southern Israeli communities. The group’s contributions span a wide range, including the development of leadership programs, parks, promenades, student villages and senior citizen centers in several Gaza border communities such as Nahal Oz, Kerem Shalom, Sderot and Nir Oz.
Six and a half miles away in Beeri, the largest and wealthiest of the Gaza border kibbutzim and in many ways the most brutally assaulted, the destruction immediately appears to be even more extreme in its scope than at Kfar Aza. With half of the houses destroyed beyond repair, the estimated cost of restoring Beeri is just under $80 million, according to estimates by the Tkuma, or Revival, Administration, the new body tasked with rehabilitating and developing the Gaza periphery. The government has allocated $4.8 billion to the administration to handle the affected communities’ short-, mid- and long-term needs.
As at Kfar Aza, Beeri is bustling, but not just with people on guided tours. Some young adults have moved in to tend to the kibbutz in their neighbors’ absence. Farmers have returned to plant wheat in the hope that the harvest will be ready by the time the kibbutz is rebuilt. Busloads of employees of Beeri’s famous printing press arrive every day for work from their hotel near the Dead Sea — a daily commute of three-and-a-half hours. According to Uri Jelin, whose grandfather was one of the kibbutz’s founders, their desire to return to work stems more from the need to cope with their pain than from a commitment to sustaining Beeri’s economy.
The remains of the destruction caused by Hamas terrorists when they infiltrated Kibbutz Be’eri on October 7, 2023, near the Israeli-Gaza border, southern Israel, as seen on Jan. 4, 2024. (Chaim Goldberg/Flash90)
On Oct. 7, Ben Suchman, the CEO of the press, was on the phone with his mother when a terrorist entered her safe room. He heard the terrorist ask his mother to remove her ring, but it wouldn’t budge. The phone went silent. Days later, authorities handed the ring over to Suchman. His mother was dead.
Jelin pointed to a house that appears to have sustained no apparent damage. “You see this house? It looks innocent, yes? It is anything but. This is where the terrorists enjoyed themselves the most.” Jelin recounts what took place inside the house but asks that the details not be repeated, out of respect for the people who once lived there.
The intact house and close to 200 others like it are becoming a sticking point for plans to rebuild Beeri. Days earlier, officials from the fund for property tax compensation surveyed the houses and determined that many did not meet the criteria for demolition. But residents don’t want to move back into homes that were the sites of extreme violence, even if they are structurally sound.
“How can we talk about coming back when people are refusing to live in houses that their neighbors were murdered in?” said the kibbutz’s secretary, Gili Molcho. The plan, Molcho said, was to establish a request for proposals in the coming weeks for architects to design the village’s reconstruction in a way that helps mitigate the trauma.
Even in exile, the kibbutz makes all decisions as a collective. An offer to move into three new buildings in Jerusalem was turned down. Instead, members of the kibbutz voted to stay in their Dead Sea hotel until new dwellings would be ready in a temporary kibbutz adjacent to Hatzerim, close to Beersheba. Construction was already underway, and the kibbutz anticipated relocating there in six months, with plans to stay for at least an additional two years before returning to Beeri. But as Molcho was quick to point out, “the most certain thing we can say is that there is no certainty.”
An internal survey showed that virtually no Beeri residents — less than 1% — said they never wanted to return to Beeri, Molcho said. Twenty percent said they would return the minute they were given the green light while the rest said it would depend on various factors, the foremost being the security situation. Young families have expressed their refusal to return to an “Oct. 6” Beeri, he said, where “every week or two they launch a couple of missiles from Gaza and we have sirens and go into safe rooms.”
The older generation, along with the sandwich generation beneath them, will return under such conditions, having grown accustomed to them over nearly two decades. Those cohorts were pressing to move back to the areas of Beeri that remain intact as soon as possible, he said. But, he added, “no one got used to living with terrorist infiltrations,” which constituted a clear red line.
“I strongly believe that if there will be quiet over there [in Gaza] Beeri will return and thrive and be bigger and better than before,” Molcho said.
After his tour of Kfar Aza and Beeri, Hayek continued on to Carmei Gat, a new neighborhood in the southern Israeli town of Kiryat Gat, where JNF-UK has donated 13 apartments to residents of Nir Oz who were imminently set to move in. Like Beeri, one of the priorities for Nir Oz, which endured some of the worst of the Hamas attack with a quarter of its community either murdered or kidnapped, was to remain together. Carmei Gat, offering 130 available apartments, was one of the few places that could accommodate this need.
Samuel Hayek, chairman of JNF-UK, stands in an apartment in a new neighborhood, Carmei Gat, that his organization has rented for displaced residents of Kibbutz Nir Oz, January 2024. (Deborah Danan)
“I came to check that the safe rooms lock,” Hayek said, before touring a penthouse apartment. The apartments, initially earmarked for Ukrainian refugees fleeing the war with Russia, were repurposed for the victims of Oct. 7.
“Making this decision was a no-brainer. These people went through a holocaust. We need to do everything to help them,” he said.
The modern apartments had been furnished with thoughtful touches that even extended to milk in the fridge and pictures of bucolic kibbutz scenes, but they still resembled furniture-shop showrooms. They were a far cry from the homey bungalows of Nir Oz, which even in the residents’ absence still brim with character.
Days after Hayek’s visit, the residents of Nir Oz finally left their hotel in Eilat to move into the new apartments. A week after settling into his apartment, Jonathan Dekel-Chen has yet to acclimate to his new surroundings. “It was most definitely time for us to move on to a place where we could properly grieve, to the degree that we can grieve, because this is an ongoing saga,” Dekel-Chen, an American-born professor at the Hebrew University, told JTA.
Dekel-Chen’s son, Sagui, JNF-UK’s national project coordinator, is being held as a hostage in Gaza. Sagui’s wife, who just gave birth to the couple’s third child, is also living in a JNF-UK apartment. Sagui’s mother, Dekel-Chen’s ex-wife, was also injured and taken captive on Oct. 7, but managed to escape at the last moment.
“There are still weeks to go before we all really figure out again, individually and families, how we navigate this very new space with none of our actual property,” Dekel-Chen said.
Kibbutz Beeri as seen in January 2024, three months after it was the site of a Hamas massacre. (Deborah Danan)
He described the community’s adjustment to its new environment as an “out-of-body” experience.
“It’s foreign to everything we know. It’s foreign in terms of the landscape, it’s foreign in terms of living, you know, on multiple floors. We are used to living in nature and with the colors of nature, the feel of nature at our doorstep,” he said. “When I look out now, in my home, I’m on the fourth floor of a building, and all I can see are cars, asphalt, concrete and metal.”
Initially, the Nir Oz community had planned to stay in Carmei Gat for less than a year while a new community would be constructed for them, similar to the one being built for Beeri near Hatzerim. They had planned to relocate there for one to two years before contemplating a permanent move. But according to Dekel-Chen, that step was scrapped because none of the residents wanted to live in two temporary homes.
Right now, few members of the kibbutz are able to provide a definitive answer about making a permanent return to Nir Oz in the future. Most of those with younger children told JTA outright that they wouldn’t consider it. But where the community eventually ends up and whether it will be one place or several remains an open question, Dekel-Chen said. A tentative agreement had been drawn up with two or three kibbutzim that could accommodate large groups of Nir Oz members.
The mailboxes at Kibbutz Nir Oz are marked red for those who were murdered on Oct. 7, black for those taken hostage. (Deborah Danan)
Part of their eventual resettlement would rely on a negotiated deal with the Tkuma Administration, he said. The administration “thought everybody was going back to Nir Oz, but clearly that’s not going to happen. Young families and many of the older folks absolutely have no intention of ever going back there,” he said.
The contours of the administration’s ultimate efforts remain unknown. If the administration fails to support people who refused to move back to their original towns, it would be a “national outrage,” Dekel-Chen said.
For its part, the agency told JTA it would help those who did not wish to return to Nir Oz and likewise, in the meantime, if individuals decided to move out of Carmei Gat, it would continue to assist them with the financial and other aid they are currently receiving, including rent and furnishings. But the administration said it had no plans to build new settlements or expand existing ones for the Nir Oz community and maintained that based on conversations it had with residents, most wanted to eventually return.
Meanwhile, the approach to memorializing the massacres in each village has also become a point of debate, both within each community and outside. Tkuma said it was working with the Ministry of Heritage as well as local representatives from each village to find ways to honor the victims and preserve the memory of Oct. 7. Molcho envisioned transforming a small corner of the kibbutz into a commemoration area, but nothing more.
Uri Jelin stands atop wreckage at Kibbutz Beeri, founded by his grandfather, in January 2024. (Deborah Danan)
“Our goal is to restore this place for normal living as much as possible, and not turn it into a memorial site,” he said.
Felus had a different take, believing that the entire 100-yard strip of Kfar Aza known as the “younger generation” zone, where not a single house survived, should be cordoned off and preserved in its current state of ruin as a historical testament for future generations. He said he understood the potential trauma that such a memorial might evoke for some — in part because it’s one he experiences all the time.
“All I do is remember. Every step I take in this kibbutz I think, this friend was murdered here, that one was taken hostage there,” he said. “There’s no getting away from it anyway.”
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The post Israel’s ravaged kibbutzes have become museums of the macabre. Their former residents want to go home.. appeared first on Jewish Telegraphic Agency.
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Vast Majority of US Jews Reject Jewish Voice for Peace, Other Anti-Zionist Groups, Polling Data Shows
Pro-Hamas protesters led by Jewish Voice for Peace (JVP) demonstrate outside the New York Stock Exchange on Oct. 14, 2024. Photo: Derek French via Reuters Connect
A new poll released on Wednesday underscores how far removed Jewish Voice for Peace (JVP) and other anti-Zionist organizations that claim to represent Jews are from mainstream Jewish views on Israel, Zionism, and the ongoing conflict with the Palestinians.
Commissioned by The Jewish Majority, a nonprofit founded by a researcher whose aim is to monitor and accurately report Jewish opinion on the most consequential issues affecting the community, the poll found that the vast majority of American Jews believe that anti-Zionist movements and anti-Israel university protests are antisemitic.
The findings also showed that Jews across the US overwhelmingly oppose the views and tactics of JVP, a prominent anti-Israel group which has helped organize widespread demonstrations against the Jewish state during the war in Gaza.
Founded in 1996 at the University of California, Berkeley, JVP describes itself as “the largest progressive Jewish anti-Zionist organization in the world.” It was infamously one of the first organizations to blame Israel following the Palestinian terrorist group Hamas’s invasion of and massacre across southern Israel on Oct. 7, 2023, the deadliest single day for Jews since the Holocaust.
“Israeli apartheid and occupation — and the United States complicity in that oppression — are the source of all this violence,” JVP said as Israelis were still counting their dead and missing.
American Jews who responded to The Jewish Majority’s poll overwhelmingly reject this line of thinking. Seventy percent said they believe that anti-Zionism of any stripe is antisemitic; 85 percent believe that Hamas, whom JVP described as “the oppressed,” is a genocidal group; and 79 percent support vocally pro-Israel groups such as the Anti-Defamation League (ADL), an organization JVP has defamed as “not a credible source on antisemitism and racism.”
Additionally, JVP’s methods of protest are unpopular among American Jews, The Jewish Majority added, noting that 75 percent disapprove of “blocking traffic” and only 18 percent approve of protesters’ wearing masks to conceal their identities. Sixty percent also disagree with staging protests outside the homes of public officials, a common JVP tactic.
“Plain and simple, Jewish Voice for Peace is an extremist group that does not represent the views of the overwhelming majority of American Jews,” Jonathan Schulman, The Jewish Majority’s executive director, said in a statement accompanying the poll results. “American Jews share a strong and consistent stance against anti-Zionists as well as a deep concern over rising antisemitism and the tactics used by organizations like JVP.”
He continued, “It is high time people see through the charade: JVP is not representative of anyone but a marginal fringe, even if a few radical Jews are involved in their movement.”
The Jewish Majority’s poll was conducted by Public Opinion Strategies.
Jewish Voice for Peace’s inner workings, messaging, and political activities were recently documented in a groundbreaking report on the group published last month by StandWithUs, a Jewish civil rights group based in Los Angeles, California.
Titled, “A Shield for Hate, Not a Voice for Peace,” the report noted that JVP has promoted a distorted history of Zionism and Israel, accusing the movement for Jewish self-determination of everything from training US police officers to violate the rights of African Americans to abusing “Jewish history.” In doing so, it has allied with extremist groups such as WithinOurLifetime — whose founder has threatened to set Jews on fire and led a movement to harass Jews on New York City’s public transportation — and Palestinian Youth Movement (PYM), which celebrated Hamas’s Oct. 7 massacre and has proclaimed that “the Zionist entity has no right to exist.”
The report also stated that JVP has collaborated with anti-Israel entities such as Samidoun, which identifies itself as a “Palestinian prisoner solidarity network,” to hold rallies. Samidoun described Hamas’s Oct. 7 atrocities in Israel as “a brave and heroic operation.” The United States and Canada each imposed sanctions on Samidoun in October, labeling the organization a “sham charity” and accusing it of fundraising for designated terrorist groups such as the Popular Front for the Liberation of Palestine (PFLP).
JVP has also compared Zionism to Nazism.
“This is Holocaust inversion — an antisemitic tactic in which the genocide Jews faced in the past is used to promote baseless hatred against Jews today,” the StandWithUs report said. “The only group benefiting from JVP’s Holocaust inversion is Hamas — a truly genocidal terrorist group. JVP has helped shield them from accountability for launching the war, ruthlessly militarizing civilian areas across Gaza, stealing humanitarian aid, and rejecting nearly every proposed ceasefire and hostage release deal.”
In June 2024, the Anti-Defamation League filed a complaint with the US Federal Election Commission (FEC) accusing the political fundraising arm of JVP of transgressing federal election law by misrepresenting its spending and receiving unlawful donations from corporate entities, citing “discrepancies” in the organization’s income and expense reports.
The complaint lodged a slew of charges against Jewish Voice for Peace’s political action committee (JVP PAC), including spending almost no money on candidates running for office — a political action committee’s main purpose. From 2020-2023, JVP PAC reported spending $82,956, but just a small fraction of that sum — $1,775, just over 2 percent — was spent on candidates, according to the complaint. The money went elsewhere, being paid out in one case for “legal services” provided by a company which “doesn’t appear to practice law” and other expenses.
JVP continues to have the support of powerful friends in the world of progressive philanthropy, a formidable subset of the American elite, amid these scandals and controversies.
Since 2017 it has — according to a 2023 report by the National Association of Scholars — received $480,000 from the Rockefeller Brothers Fund, a philanthropic foundation whose endowment is valued at $1.27 billion. Between 2014 and 2015 alone, JVP brought in over half a million dollars in grants from various foundations, including the Open Society Policy Center — founded by billionaire George Soros — the Kaphan Foundation, and others.
According to the recent StandWithUs report, JVP has received substantial financial assistance from organizations tied to Lebanon and Iran.
Follow Dion J. Pierre @DionJPierre.
The post Vast Majority of US Jews Reject Jewish Voice for Peace, Other Anti-Zionist Groups, Polling Data Shows first appeared on Algemeiner.com.
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Turkey’s Erdogan Demands Israel Pay Reparations for Gaza, Says Palestinian State ‘Must Not Be Delayed’
Turkey’s President Recep Tayyip Erdogan speaks during a joint statement to the media in Baghdad, Iraq, April 22, 2024. Photo: AHMAD AL-RUBAYE/Pool via REUTERS
Turkish President Recep Tayyip Erdogan on Wednesday demanded Israel pay reparations “for the harm it inflicted through its aggressive actions in Gaza” and urged the immediate establishment of a Palestinian state.
During a press conference with Indonesian President Prabowo Subianto in West Java, as part of his Asian tour to Malaysia and Pakistan, Erdogan rejected US President Donald Trump’s plan to “take over” the Gaza Strip to rebuild the war-torn enclave while relocating Palestinians elsewhere during reconstruction efforts.
Like many other Middle Eastern leaders who rejected Trump’s proposal, Erdogan also advocated for a two-state solution to the Israeli-Palestinian conflict.
“The creation of a sovereign, territorially united State of Palestine within the 1967 borders with East Jerusalem as its capital cannot be delayed any further,” he said during the press conference, as aired by the Turkish TRT Haber TV channel.
“Any step, proposal, or project that undermines this matter is illegitimate in our view, and it means more conflicts, bloodshed, and instability,” he continued.
During Israeli Prime Minister Benjamin Netanyahu’s visit to the White House last week, Trump called on Egypt, Jordan, and other Arab states to take in Palestinians from Gaza after nearly 16 months of war between Israel and Hamas.
“Until there is peace in Gaza, until the Palestinians achieve peace, peace in the region is impossible,” the Turkish president said.
With talks underway to extend the fragile Israel-Hamas ceasefire, Erdogan also demanded that Israel must pay reparations “for the harm it inflicted through its aggressive actions in Gaza.”
“The cost of Israel’s 15-month attacks in Gaza is about $100 billion,” he said. “The law dictates that the perpetrator must compensate for the damage.”
Hamas-led Palestinian terrorists started the war in Gaza when they murdered 1,200 people and kidnapped 251 hostages during their invasion of and massacre across southern Israel on Oct. 7, 2023.
Israel responded with a military campaign aimed at freeing the hostages and dismantling Hamas’s military and governing capabilities in neighboring Gaza.
Last month, both sides reached a ceasefire and hostage-release deal brokered by the US, Egypt, and Qatar.
Under phase one, Hamas agreed to release 33 Israeli hostages, eight of whom are deceased, in exchange for Israel freeing over 1,900 Palestinian prisoners, many of whom are serving multiple life sentences for terrorism-related offenses.
So far, 16 of the 33 hostages have been released during the first phase, which is set to last six weeks.
During the press conference, Erdogan also announced that Turkey and Indonesia will join forces in the reconstruction of Gaza.
Last month, Erdogan met with Hamas leader Muhammad Ismail Darwish in Ankara.
Turkey has been one of the most outspoken critics of Israel during the Gaza war, even threatening to invade the Jewish state and calling on the United Nations to use force if it cannot stop Israel’s military campaign against Hamas.
Last year, Ankara also ceased all exports and imports to and from Israel, citing the “humanitarian tragedy” in the Palestinian territories as the reason.
Erdogan has frequently defended Hamas terrorists as “resistance fighters” against what he described as an Israeli occupation of Palestinian land. He and other Turkish leaders have repeatedly compared Israel with Nazi Germany and Israeli Prime Minister Benjamin Netanyahu with Adolf Hitler.
The post Turkey’s Erdogan Demands Israel Pay Reparations for Gaza, Says Palestinian State ‘Must Not Be Delayed’ first appeared on Algemeiner.com.
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Boston University Rejects Proposal to Divest From Israel
College students in the Boston, Massachusetts area hold dueling demonstrations amid Israel’s war with Hamas in April 2024. Photo: Vincent Ricci via Reuters Connect
Boston University has rejected the group Students for Justice in Palestine’s (SJP) call for its endowment to be divested of holdings in companies which sell armaments to the Israeli military, becoming the latest higher education institution to refuse this key tenet of the boycott, divestment, and sanctions (BDS) movement against Israel.
“The endowment is no longer the vehicle for political debate; nevertheless, I will continue to seek ways that members of our community can engage with each other on political issues of our day including the conflict in the Middle East,” university president Melissa Gilliam said on Tuesday in a statement which reported the will of the board of trustees. “Our traditions of free speech and academic freedom are critical to who we are as an institution, and so is our tradition of finding common ground to engage difficult topics while respecting the dignity of every individual.”
Gilliam’s announcement comes amid SJP’s push to hold a student government administered referendum on divestment, a policy goal the group has pursued since Hamas’s massacre across southern Israel on Oct. 7, 2023. Its hopes were dashed on Tuesday when what SJP described as “technical difficulties” caused the referendum to be postponed indefinitely. However, SJP hinted that the delay may have been caused by its failing to draw a “representative sample of BU’s undergraduate population” to the polls.
SJP’s relationship with the university is poor, according to The Daily Free Press, Boston University’s official campus newspaper. In November, the Student and Activities Office issued the group a “formal warning” following multiple violations of policies on peaceful assembly. SJP, the Free Press said, occupied an area of the Center for Computing and Data Sciences for two days and tacked anti-Zionist propaganda — which included accusations that Boston University profits from “death” — on school property inside the building despite being forewarned that doing so is verboten. Following the disciplinary action, SJP accused the university of being “discriminatory towards SJP and our events.”
American universities have largely rejected demands to divest from Israel and entities at all linked to the Jewish state, delivering a succession of blows to the pro-Hamas protest movement that students and faculty have pushed with dozens of illegal demonstrations aimed at coercing officials into enacting the policy.
Trinity College turned away BDS advocates in November, citing its “fiduciary responsibilities” and “primary objective of maintaining the endowment’s intergeneration equity.” It also noted that acceding to demands for divestment for the sake of “utilizing the endowment to exert political influence” would injure the college financially, stressing that doing so would “compromise our access to fund managers, in turn undermining the board’s ability to perform its fiduciary obligation.”
The University of Minnesota in August pointed to the same reason for spurning divestment while stressing the extent to which the Israeli-Palestinian conflict polarizes its campus community. It coupled its pronouncement with a new investment policy, a so-called “position of neutrality” which, it says, will be a guardrail protecting university business from the caprices of political opinion.
Colleges and universities will lose tens of billions of dollars collectively from their endowments if they capitulate to demands to divest from Israel, according to a report published in September by JLens, a Jewish investor network that is part of the Anti-Defamation League (ADL). Titled “The Impact of Israel Divestment on Equity Portfolios: Forecasting BDS’s Financial Toll on University Endowments,” the report presented the potential financial impact of universities adopting the BDS movement, which is widely condemned for being antisemitic.
The losses estimated by JLens are catastrophic. Adopting BDS, it said, would incinerate $33.21 billion of future returns for the 100 largest university endowments over the next 10 years, with Harvard University losing $2.5 billion and the University of Texas losing $2.2 billion. Other schools would forfeit over $1 billion, including the University of Pennsylvania, Stanford University, and Princeton University. For others, such as the University of Michigan and Dartmouth College, the damages would total in the hundreds of millions.
“This groundbreaking report approached the morally problematic BDS movement from an entirely new direction — its negative impact on portfolio returns,” New York University adjunct professor Michael Lustig said in a statement extolling the report. “JLens has done a great job in quantifying the financial effects of implementing the suggestions of this pernicious movement, and importantly, they ‘show their work’ by providing full transparency into their methodology, and properly caveat the points where assumptions must necessarily be made. This report will prove to be an important tool in helping to fight noxious BDS advocacy.”
Follow Dion J. Pierre @DionJPierre.
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