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Miriam Adelson slashed her philanthropy as casinos closed due to Covid. Now, her business empire is recuperating

(JTA) – The casino company controlled by Jewish megadonor Miriam Adelson is paying its shareholders dividends again, potentially paving the way to a rebound for the family’s foundation.
The Adelson Family Foundation — founded by Adelson and her late husband, Sheldon Adelson — has been a prolific giver to Jewish organizations, including Birthright Israel. The couple was also active in politics, supporting Republican campaigns. But after the casino industry flat-lined early in the pandemic, Adelson donations to charitable and political causes declined.
Assets held in the family’s charitable trust dropped from more than $200 million before the pandemic to $37 million in 2021 as it distributed money to the foundation and other causes without being replenished, according to records filed with the IRS.
The foundation’s grantmaking dropped to $80 million in 2021 from $100 million the year before and $117 million in 2019, according to IRS records. The foundation had only about $6 million in reserves at the end of 2021. More recent numbers are not yet available.
The dip in giving has had a significant impact. The Birthright program, for example, saw its funding from the Adelson Family Foundation cut by half in each of the past two years, with a corresponding drop in free trips for young Jews to Israel.
Now, Adelson’s business prospects appear to be improving. Her Las Vegas Sands Corp. announced that it would pay dividends to shareholders for the first time in more than three years as the company begins to recover from the pandemic-related downturn in global travel and hospitality. Adelson’s own personal payout is expected to be about $87 million for the quarter, a substantial sum but still a fraction of what she and her husband were regularly collecting before the pandemic.
It’s unknown whether or when the cash infusion will spell a restoration of funding for the various organizations that have seen a drop in support from Adelson over a period of several years, which has included Sheldon Adelson’s death at 87 more than two years ago. Adelson’s representatives said she is not giving interviews at the moment; Michael Bohnen, president of the Adelson Family Foundation, declined to comment.
The list of organizations that have been buoyed by Adelson’s support is long and varied. It includes right-wing advocacy groups like the Maccabee Task Force Foundation, which operates on college campuses; the Israeli-American Council and Zionist Organization of America; U.S. fundraising groups benefiting the Israeli military; the Yad Vashem Holocaust museum and memorial in Jerusalem; and the Adelson Family Campus, a large Jewish day school in Las Vegas, where Adelson lives.
Jonathan Sarna, a professor of American Jewish history at Brandeis University, said he is confident in the Adelson family’s commitment to the charities it has supported. “The Adelson family has played a pivotal role in Birthright Israel and in the organization of the large community of Israelis in the U.S. through IAC,” he said. “They have also contributed to countless other Jewish philanthropic endeavors, including Jewish day schools and the Jewish community of Las Vegas. I have no doubt that the family will continue its tradition of philanthropic generosity.”
Andrés Spokoiny, president and CEO of the Jewish Funders Network, said the Jewish philanthropic world doesn’t rise or fall because of any one donor, even a philanthropist as prolific as Adelson. “The funding landscape is diverse and there is no sense of dependence on a single donor,” he said.
The Adelson name is also big in Republican politics: The couple broke a record for the most donations in an election cycle in 2020, with almost $173 million in campaign contributions. But the 2022 midterm election saw the newly widowed Adelson give only a fraction of that, with no contribution at all to the Republican Jewish Coalition, whose top patron became WhatsApp founder Jan Koum, who gave a $1.35 million donation to RJC’s Super PAC.
The reinstatement of dividends was made possible by increased visitation to Sands casinos in Macao and Singapore in recent months, which generated revenues of $2.5 billion for the second quarter, double what they were a year ago. Executives at the company said business still hasn’t returned to pre-pandemic levels, suggesting room for further growth.
“In Macao, we were pleased to see the ongoing recovery now underway in all gaming and nongaming segments progress during the quarter,” Sands Chairman and CEO Rob Goldstein said during a conference call on July 19 with investors. “We remain deeply enthusiastic about the opportunity to continue our investments to enhance Macao’s tourism appeal to travelers from throughout the region, including to foreign visitors to Macao.”
As a result of Sands’ profitability, the company is paying shareholders a dividend of 20 cents per share. Adelson’s roughly 57% stake is valued at more than $35 billion, placing her among the 40 richest people in the world according to Forbes.
Under Miriam Adelson, Sands has been lobbying to legalize gambling in Texas and is pursuing a bid for one of three licenses to operate a casino in New York.
Sheldon Adelson, who founded Las Vegas Sands and served as its CEO as it grew into an international gambling and resort empire, died in January 2021, living long enough to see Sands revenues plummet because of Covid-related lockdowns. The following year, the company, now controlled solely by Miriam, sold its marquee Las Vegas properties, The Venetian and the Sands Expo and Convention Center, for $6.5 billion in a bet on its Asian casinos and resorts.
It’s not the first time the Adelson empire has faced and recovered from economic headwinds. Adelson had begun expanding in Asia ahead of the 2008 financial crisis, borrowing heavily to finance the construction of new casinos and hotels. The company had lost billions as a result of the timing and the Adelsons paused much of their giving for a few years.
Whether Miriam Adelson desires to shift philanthropic priorities following the death of her husband remains unknown. The 77-year-old, an immigrant to the United States from Israel and a naturalized American citizen, earlier this year criticized the judicial reform being pursued by the government of Israeli Prime Minister Benjamin Netanyahu, which was notable because of the Adelsons’ long-standing support for Netanyahu.
Compared to her husband, Miriam has kept out of the public spotlight, with a significant exception in 2018, when Donald Trump awarded her the Presidential Medal of Freedom, the nation’s top civilian honor. A profile of her in the Guardian shortly afterward suggested that she had been far more influential in the couple’s activities than many realized.
“Everybody says it’s Sheldon, but it’s Miriam,” Michael Cherry, a board member of the Las Vegas addiction recovery clinic that the Adelsons founded, was quoted as saying.
Together with her husband, Miriam was the largest donor to Trump’s 2016 presidential bid. But she has not yet announced support for Trump this time around as he seeks to win the Republican nomination and get reelected in 2024. Earlier this year, Trump’s rival, Florida Governor Ron DeSantis, was reportedly courting Adelson and other Jewish conservative donors. DeSantis and Adelson were seen seated together at a dinner in Jerusalem. But Adelson has reportedly said that she does not plan to make an endorsement in the primary.
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Germany’s Halt to Arms Exports to Israel Is Response to Gaza Expansion Plans, Chancellor Says

German Chancellor Friedrich Merz attends a cabinet meeting at the Chancellery in Berlin, Germany, Aug. 6, 2025. Photo: REUTERS/Liesa Johannssen
Germany’s decision to curb arms exports to Israel comes in response to Israel’s plan to expand its operations in the Gaza Strip, Chancellor Friedrich Merz said on Sunday in an interview with public broadcaster ARD.
“We cannot deliver weapons into a conflict that is now being pursued exclusively by military means,” Merz said. “We want to help diplomatically, and we are doing so.”
The worsening humanitarian crisis in Gaza and Israel’s plans to expand military control over the enclave have pushed Germany to take this historically fraught step.
The chancellor said in the interview that the expansion of Israel’s operations in Gaza could claim hundreds of thousands of civilian lives and would require the evacuation of the entire city of Gaza.
“Where are these people supposed to go?” Merz said. “We can’t do that, we won’t do that, and I will not do that.”
Nevertheless, the principles of Germany’s Israel policy remain unchanged, the chancellor said.
“Germany has stood firmly by Israel’s side for 80 years. That will not change,” Merz said.
Germany is Israel’s second-biggest weapons supplier after the US and has long been one of its staunchest supporters, principally because of its historical guilt for the Nazi Holocaust – a policy known as the “Staatsraison.”
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Newsom Calls Trump’s $1 Billion UCLA Settlement Offer Extortion, Says California Won’t Bow

California Governor Gavin Newsom speaks at a press conference, accompanied by members of the Texas Democratic legislators, at the governor’s mansion in Sacramento, California, U.S., August 8, 2025. Photo: REUTERS/Carlos Barria
California Governor Gavin Newsom said on Saturday that a $1 billion settlement offer by President Donald Trump’s administration for UCLA amounted to political extortion to which the state will not bow.
The University of California says it is reviewing a $1 billion settlement offer by the Trump administration for UCLA after the government froze hundreds of millions of dollars in funding over pro-Palestinian protests.
UCLA, which is part of the University of California system, said this week the government froze $584 million in funding. Trump has threatened to cut federal funds for universities over anti-Israel student protests.
“Donald Trump has weaponized the DOJ (Department of Justice) to kneecap America’s #1 public university system — freezing medical & science funding until @UCLA pays his $1 billion ransom,” the office of Newsom, a Democrat, said in a post.
“California won’t bow to Trump’s disgusting political extortion,” it added.
“This isn’t about protecting Jewish students – it’s a billion-dollar political shakedown from the pay-to-play president.”
The government alleges universities, including UCLA, allowed antisemitism during the protests and in doing so violated Jewish and Israeli students’ civil rights. The White House had no immediate comment beyond the offer.
Experts have raised free speech and academic freedom concerns over the Republican president’s threats. The University of California says paying such a large settlement would “completely devastate” the institution.
Large demonstrations took place at UCLA last year. Last week, UCLA agreed to pay over $6 million to settle a lawsuit by some students and a professor who alleged antisemitism. It was also sued this year over a 2024 violent mob attack on pro-Palestinian protesters.
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Trump Nominates State Dept Spokeswoman Bruce as US Deputy Representative to UN

FILE PHOTO: U.S. State Department spokesperson Tammy Bruce speaks during her first press briefing at the State Department in Washington, D.C., U.S., March 6, 2025. Photo: REUTERS/Kevin Lamarque/File Photo
President Donald Trump said on Saturday he was nominating State Department spokesperson Tammy Bruce as the next US deputy representative to the United Nations.
Bruce has been the State Department spokesperson since Trump took office in January.
In a post on social media in which Trump announced her nomination, the president said she did a “fantastic job” as State Department spokesperson. Bruce will need to be confirmed for the role by the US Senate, where Trump’s Republican Party holds a majority.
During press briefings, she has defended the Trump administration’s foreign policy decisions ranging from an immigration crackdown and visa revocations to US responses to Russia’s war in Ukraine and Israel’s war in Gaza, including a widely condemned armed private aid operation in the Palestinian territory.
Bruce was previously a political contributor and commentator on Fox News for over 20 years.
She has also authored books like “Fear Itself: Exposing the Left’s Mind-Killing Agenda” that criticized liberals and left-leaning viewpoints.
In a post after Trump’s announcement, Bruce thanked him and suggested that the role was a “few weeks” away. Neither Trump nor Bruce mentioned an exact timeline in their online posts.
“Now I’m blessed that in the next few weeks my commitment to advancing America First leadership and values continues on the global stage in this new post,” Bruce wrote on X.
Trump has picked former White House national security adviser Mike Waltz to be his U.N. envoy. Waltz’s Senate confirmation for that role, wherein he will be Bruce’s boss, is still due.
Waltz was Trump’s national security adviser until he was ousted on May 1 after he was caught up in a March scandal involving a Signal chat among top Trump national security aides on military strikes in Yemen. Trump then nominated Waltz as his U.N. ambassador.