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Synagogues are joining the ‘effective altruism’ movement. Will the Sam Bankman-Fried scandal stop them?
(JTA) — A few years ago, Adam Azari was frustrated over how little he could do to alleviate suffering in the world with his modest income as a writer and caretaker for people with disabilities.
He kept thinking about a set of statistics and ideas he had encountered during his graduate studies in philosophy. For example, he remembered reading that for the price of training a guide dog for the blind in the United States, one could prevent hundreds of cases of blindness in the developing world.
This hyper-rational way of thinking about doing good was called effective altruism, and it was growing into a movement, known as E.A. for short. Some proponents were even opting to pursue lucrative careers in finance and tech that they otherwise might not have chosen so they would have more money to give away.
Azari, meanwhile, had become a believer who was stuck on the sidelines. Then, one day, he had what he calls a “personal eureka moment.” Azari would return to his roots as the son of a Reform rabbi in Tel Aviv and spread the word of E.A. across the Jewish denomination and among its millions of followers.
“It suddenly hit me that the Reform movement has this crazy untapped potential to save thousands and thousands of lives by simply informing Jews about effective giving,” he recalled.
He badgered his father, Rabbi Meir Azari, and, for a moment, thought of becoming a rabbi himself. But he abandoned the idea and focused on pitching E.A. to the Reform movement’s international arm, the World Union for Progressive Judaism. Azari found an ally in WUPJ’s president, Rabbi Sergio Bergman, and the organization soon decided to sponsor his efforts, paying him a salary for his work.
Over the past year, Azari’s Jewish Effective Giving Initiative has presented to about 100 rabbis and secured pledges from 37 Reform congregations to donate at least $3,000 to charities rated as the most impactful by E.A. advocates and which aid poor people in the developing world. Per E.A. calculations, it costs $3,000 to $5,000 to save a single life.
“Progressive Judaism inspires us to carry out tikkun olam, our concrete action to make the world better and repair its injustices,” Bergman said. “With this call we not only do what the heart dictates in values, but also do it effectively to be efficient and responsible for saving a life.”
This charitable philosophy appears to be gaining traction in the Jewish world just as one of the figures most associated with it, who happens to be Jewish, has become engulfed in scandal.
Sam Bankman-Fried built a cryptocurrency empire worth billions, amassing a fortune he pledged to give away to causes such as artificial intelligence, combatting biohazards and climate change, all selected on criteria developed by the proponents of effective altruism.
A few weeks ago, Bankman-Fried’s fortune evaporated amid suspicions of financial misconduct and revelations of improper oversight at his company, FTX, a cryptocurrency exchange that was worth as much as $32 billion before a run of withdrawals ultimately left it illiquid. The situation has drawn comparisons to the implosion of Bernie Madoff’s Ponzi scheme, and authorities investigating the situation have said Bankman-Fried could face criminal penalties over his role.
In the wake of FTX’s collapse, Bankman-Fried has suggested that his embrace of E.A. was insincere, a tactic to bolster his reputation.
But Azari and the organizer of another initiative, a growing reading and discussion group called Effective Altruism for Jews, are undaunted and don’t believe the scandal should taint the underlying principles of the movement.
“Whether you call it E.A. or just directly donating to global health and development, it doesn’t matter,” Azari said. “The basic idea is to support these wonderful charities, and I don’t think the FTX scandal changes any of that. Malaria nets, vitamin A supplements and vaccine distribution are still super cost-effective, evidence-based ways of helping others.”
Azari added that he has had several meetings with rabbis since the news about Bankman-Fried broke and that no one has asked him about it.
“I don’t think people are making the connection,” he said. “And to me, there is no connection between us and FTX.”
When talking to rabbis about why E.A. would make a good fit with their congregation’s charitable mission, Azari cites the Jewish value of tikkun olam, a mandate to “repair the world” often used to implore people to care for others. He explains that donating to charities with a proven track record is a concrete way to fulfill a Jewish responsibility.
That kind of thinking proved attractive to Steven Pinker, the prominent Harvard psychologist, who has endorsed Azari’s initiative. In a recorded discussion with Azari and others last year, Pinker recalled his Reform upbringing, which included Hebrew school, summer camp and synagogue services.
“The thing I remember most is how much of my so-called religious education was like a university course in moral philosophy,” Pinker said. “We chewed over moral dilemmas.”
As an adult, Pinker returned to Jewish teachings on charity and, in particular, those of the medieval philosopher Maimonides, examining these ideas through the lens of E.A. He began to wonder about the implications of Maimonides’ focus on evaluating charity based on the motives of the donor. That focus, he concluded, doesn’t always lead to the best outcomes for the beneficiary.
“What ultimately ought to count in tzedakah, in charity, is, are you making people better off?” he said.
Also on the panel with Azari and Pinker was the man credited with authoring the foundational texts upon which E.A. is built. Peter Singer, who is also Jewish and whose grandfather died in the Holocaust, teaches bioethics at Princeton. Starting in the 1970s, Singer wrote a series of books in which he argues for a utilitarian approach to ethics, namely, that we should forgo luxuries and spend our money to save lives. The extremes to which he has taken his thinking include suggesting that parents of newborn babies with severe disabilities be permitted to kill them.
From Bankman-Fried to Singer, the list of Jews who have either promoted E.A. or lead its institutions is long. With their estimated fortune of $11.3 billion, Facebook co-founder Dustin Moskovitz and his wife Cari Tuna have eclipsed Bankman-Fried as the wealthiest Jews in the field. There’s also popular philosopher Sam Harris and New York Times columnist Ezra Klein, who have each dedicated episodes of their podcast to the topic.
The website LessWrong, which defines itself as “a community blog devoted to refining the art of rationality,” is seen as an important early influence; it was founded by Eliezer Yudkowsky, an artificial intelligence researcher who grew up in a Modern Orthodox household but does not identify religiously as a Jew anymore. Two other Jews, Holden Karnofsky and Elie Hassenfeld, left the hedge fund world to establish GiveWell, a group whose research is considered the premier authority on which charities are deserving of E.A. donations.
The prevalence of Jews in the movement caught the attention of E.A. enthusiast Ben Schifman, an environmental lawyer for the federal government in Washington, D.C. About two years ago, Schifman proposed creating a group for like-minded individuals in hope of helping grow the movement. In an online post, he laid out the history of Jewish involvement and wrote a brief introduction to the topic of Judaism and charity.
Today, Schifmam runs a group called Effective Altruism for Jews, whose main program is an eight-week fellowship involving a reading and discussion group with designated facilitators. Schifman said about 70 people spread across 10 cohorts are currently participating. There’s also a Shabbat dinner program to bring people together for informal meetings with funding available for hosts.
Participants discuss how ideas that are popular in E.A. might relate to Jewish traditions and concepts, and also brainstorm ways to popularize the movement in the wider Jewish community, according to Schifman.
“There’s a lot of low-hanging fruit with regards to the Jewish community and sharing some of the ideas of Effective Altruism, like through giving circles at synagogues or, during the holidays, offering charities that are effective,” Schifman said in an interview that took place before the Bankman-Fried scandal broke.
Asked to discuss the mood in the community following the collapse of Bankman-Fried’s company and an affiliated charity, FTX Future Fund, Schifman provided a brief statement expressing continued confidence in his project.
He said, “While we’re shocked by the news and our hearts go out to all those affected, as an organization EA for Jews isn’t funded by FTX Future Fund or otherwise connected to FTX. We don’t expect our work will be impacted.”
Even if Schifman and Azari are right that their movement is robust enough to withstand the downfall of a leading evangelist, a debate remains about what impact E.A. can or should have on philanthropy itself.
Andres Spokoiny, president and CEO of the Jewish Funders Network, wrote about the question with skepticism in an article published more than two years ago. He argued against “uncritically importing the values and assumptions” of effective altruists, whose emphasis on the “cold light of reason” struck him as detached from human nature.
In a recent interview, Spokoiny echoed similar concerns, noting that applying pure rationality to all charitable giving would mean the end of cherished programs such as PJ Library, which supplies children’s books for free to Jewish families, that may not directly save lives but do contribute to a community’s culture and sense of identity.
He also worries that too strong a focus on evidence of impact would steer money away from new ideas.
“Risky, creative ideas don’t tend to emerge from rational needs assessments,” he said. “It requires a transformative vision that goes beyond that.”
But Spokoiny also sounded more open to E.A. and said that as long as it does not try to replace traditional modes of philanthropy, it could be a useful tool of analysis for donors.
“If donors want to apply some of E.A. principles to their work, I’d say that is a good idea,” he said. “I am still waiting to see if this will be a fad or buzzword or something that will be incorporated into the practice of philanthropy.”
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New York Democrat Comptroller Candidate’s Plan to Divest From Israel Is Imprudent, Republican Opponent Says
Joseph Hernandez, Republican candidate for New York State Comptroller, speaking with voters. Photo: Hernandez campaign
The plan of a Democratic candidate for New York comptroller to divest the state of its holdings in Israel bonds violates the fiduciary duties of an office which oversees the management of hundreds of billions of dollars in pension funds and other assets, his Republican opponent, Joseph Hernandez, told The Algemeiner during an exclusive interview on Monday.
Hernandez, a Cuban refugee whose family fled the Castro regime, explained that the proposal, promised by former Kansas state Rep. Raj Goyle (who moved to New York after a failed bid for US Congress in 2010), would amount to an endorsement of the boycott, divestment, and sanctions (BDS) movement against Israel while alienating a country widely regarded as arguably the most reliable US ally.
Israel bonds, he added, are one of the safest assets a government could own. He has promised to invest $1 billion in them if he is elected.
“From a purely financial perspective, these are good investments. You would put your own money in this for sure, and you shouldn’t apply politics to the equation,” he said. “Imagine if we stopped investing the bonds of other foreign countries or vice versa because of disagreements over policy. That’s just bad decision making.”
“The economic rationale for investing in Israeli bonds is impeccable,” Hernandez continued. “Israel has an exploding technology sector producing giant leaps in artificial intelligence and the next generation of health care and biotech. We should be partnering with them in these areas, beyond the bonds. I think the relationship, from an investment perspective, should be broader. As the fiduciary and ultimately as the sole trustee of the New York State pension fund, I will seek ways not only to increase investment on the bonds side but also to collaborate on bringing the next generation of technologies to New York and promote a new era of job growth in the state.”
In New York City specifically, records show that Israel bonds, historically yielding approximately 5 percent annually, have outperformed many alternatives.
As for the state overall, Israeli firms pour billions of dollars and tens of thousands of jobs into the local economy, and business experts have warned that a push for divestment could lead Israeli-associated and Jewish-owned companies to leave.
A study released by the United States-Israel Business Alliance in October revealed that, based on 2024 data, 590 Israeli-founded companies directly created 27,471 jobs in New York City that year and indirectly created over 50,000 jobs when accounting for related factors, such as buying and shipping local products.
These firms generated $8.1 billion in total earnings, adding an estimated $12.4 billion in value to the city’s economy and $17.9 billion in total gross economic output.
As for the entire state, the report, titled the “2025 New York – Israel Economic Impact Report,” found that 648 Israeli-founded companies generated $8.6 billion in total earnings and $19.5 billion in gross economic output, contributing a striking $13.3 billion in added value to the economy. These businesses also directly created 28,524 jobs and a total of 57,145 when accounting for related factors.
From financial tech leaders like Fireblocks to cybersecurity powerhouse Wiz, Israeli entrepreneurs have become indispensable to the innovation ecosystem. The number of Israeli-founded “unicorns,” privately held companies with a valuation of at least $1 billion, operating in New York City has quadrupled since 2019, increasing from five to 20.
However, anti-Israel activists in the US have been pushing for state and local governments, in addition to businesses, universities, and various cultural forums to divest all assets from Israel-linked entities in accordance with the BDS movement.
The BDS movement seeks to isolate Israel on the international stage as the first step toward its elimination. Leaders of the movement have repeatedly stated their goal is to destroy the world’s only Jewish state.
Goyle’s plan would enact the divestment component of BDS by aiming to limit Israel’s capacity to issue bonds for the purpose of borrowing money, a core function of government which raises capital for expenditures such as roads and bridges while contributing to economic health, market stabilization, and a high credit rating.
The New York Post reported last month that Goyle wants to fully divest $338 million in foreign assets, including Israel bonds, from New York’s retirement fund.
“I’m here to tell you that when I am comptroller, we will not renew the foreign bond portfolio of the state comptroller’s office and that includes Israel bonds,” Goyle told a gathering of supporters of the left-wing Working Families Party. “We will not send a blank check for [Israeli Prime Minister] Benjamin Netanyahu’s war crimes in Gaza.”
The state comptroller’s office manages pensions for state and municipal workers and runs the Common Retirement Fund, one of the largest pension funds in the country with a $291 billion investment portfolio. It currently holds about $337.5 million in Israel bonds.
“I live in New York, the largest Jewish population outside of Israel. I see what this community contributes to America and to our society,” he said. “The relationship that we have is unbreakable and it is one we should continue to invest in both socially, politically, and financially.”
Across the political spectrum, Israel bonds are widely considered wise investments.
“They’re stable, they’re guaranteed, they’ve never had a problem, and it’s a good investment,” state Assemblyman David Weprin, a Democrat and former chair of the New York City Council Finance Committee, told the Post.
Goyle is not the only New York Democrat advocating a rupture in the state’s financial relationship with Israel. New York City Mayor Zohran Mamdani, who entered office last month, has been an outspoken supporter of the BDS movement.
Mamdani, a far-left democratic socialist who has made anti-Israel activism a cornerstone of his political career, has repeatedly accused Israel of “apartheid” and refused to recognize its right to exist as a Jewish state.
Such positions have raised alarm bells among not only New York’s Jewish community but also Israeli business owners and investors, who fear a hostile climate under Mamdani’s leadership.
His election came after former New York City Comptroller Brad Lander refused last year to renew some Israel bonds in the city’s pension fund, which is a separate entity. The office of then-Mayor Eric Adams accused Lander of pushing a political agenda by moving to withdraw millions of dollars in city pension funds from bonds issued by the Jewish state.
On Monday, Hernandez pledged to be beholden to New York’s taxpayers and not fringe ideological groups.
“There’s a reason that this is an independent elected role,” he concluded. “It’s supposed to be a role that doesn’t take political filters or use politics for decision making. This is about fiduciary duty and what it is in the best interest of the taxpayers, and I intend to execute to that effect.”
Both Goyle and Hernandez are vying to unseat incumbent state Comptroller Tom DiNapoli, a Democrat.
Follow Dion J. Pierre @DionJPierre.
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After 3-hour White House meeting, Trump says he ‘insisted’ to Netanyahu that Iran talks should continue
(JTA) — Israeli President Benjamin Netanyahu met with President Donald Trump at the White House on Wednesday in an effort to push the U.S. leader to widen negotiation with Iran to include Israeli security priorities.
“Nothing definitive” came out of the highly anticipated meeting between the leaders, which lasted roughly three hours, Trump wrote in a post on Truth Social immediately afterwards. But he signaled that he had resisted a push to end direct talks with Iran.
“There was nothing definitive reached other than I insisted that negotiations with Iran continue to see whether or not a Deal can be consummated. If it can, I let the Prime Minister know that will be a preference. If it cannot, we will just have to see what the outcome will be,” wrote Trump.
Prior to boarding a flight on his way to Washington D.C. on Tuesday, Netanyahu told reporters that his meeting with Trump would center “first and foremost” on negotiations with Iran.
“I will present to the president our views on the principles in the negotiations, the important principles, and in my opinion they are important not only to Israel — but to everyone in the world who wants peace and security in the Middle East,” Netanyahu told reporters.
During Wednesday’s meeting, which was closed to the press, Netanyahu was expected to push Trump to widen negotiations with Iran beyond its nuclear program, including imposing restrictions on Iran’s ballistic missile program and ending Iranian support for Hamas and Hezbollah.
The talks Wednesday were also expected to center on developments in the ceasefire in Gaza, with Netanyahu officially joining the Board of Peace during a meeting with Secretary of State Marco Rubio earlier in the day.
Met with U.S. Secretary of State @marcorubio at Blair House in Washington.
Ahead of my meeting at the White House with President Trump, I signed Israel’s accession as a member of the “Board of Peace.”
We will continue strengthening the unbreakable alliance between Israel and… pic.twitter.com/CJ4Lw92WdX
— Benjamin Netanyahu – בנימין נתניהו (@netanyahu) February 11, 2026
Netanyahu’s visit Wednesday was his sixth to the United States since the beginning of Trump’s term. Trump surprised him at an earlier meeting by announcing that he planned to open direct talks with Iran, which has vowed to destroy Israel.
The visit shortly followed talks in Oman on Friday between Iran’s foreign minister and Trump administration officials on reaching a potential nuclear deal. Those talks came a month after Iranian leaders ordered a crackdown on civil protesters in which an estimated 30,000 Iranians or more were murdered.
On Tuesday, Trump told Axios that he was “thinking” about sending another aircraft carrier strike group to the Gulf where he has already assembled a large military buildup, adding, “Either we will make a deal or we will have to do something very tough like last time.”
Iran has said it will retaliate if the United States strikes to curb its nuclear program, sparking concern of a war. Last June, the United States struck three nuclear sites in Iran amid the country’s 12-day war with Israel, damaging but not destroying them.
In an interview Tuesday with Fox Business Network’s Larry Kudlow, Trump said that a good deal with Iran would mean “no nuclear weapons, no missiles.”
“We’ll see what happens. I think they want to make a deal,” said Trump. “I think they’d be foolish if they didn’t. We took out their nuclear power last time, and we’ll have to see if we take out more this time.”
The post After 3-hour White House meeting, Trump says he ‘insisted’ to Netanyahu that Iran talks should continue appeared first on The Forward.
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Nazi Symbols Appear at Northwestern University as School Seeks to Turn Page on Campus Antisemitism Crisis
Illustrative: Signs cover the fence at a pro-Palestinian encampment at Northwestern University in Evanston, Ill. on April 28, 2024. Photo: Max Herman via Reuters Connect
Northwestern University said on Monday that it has identified the non-student who graffitied Nazi insignia on the campus earlier this month, pledging to file criminal charges against the suspect through the local police department.
The Schutzstaffel (SS) symbol representing the notorious paramilitary group under Adolf Hitler and the Nazi Party in Germany was spray-painted on Northwestern’s campus in Evanston, Illinois. The SS played a central role in the Nazis’ systematic killing of 6 million Jews during the Holocaust.
After the symbol’s discovery, students reported others like it on the north side of campus even as university maintenance staff rushed to repair the first defacement.
“Despicable and hateful graffiti were found on several signs of our Evanston campus, and the university immediately removed or painted over them,” the university told a local outlet, The Evanston RoundTable, in a statement on Feb. 6. “Northwestern has launched an investigation to identify the individual responsible for this vandalism, utilizing camera footage, forensics, and other methods. Based on that investigation, we have identified a suspect who we belief is unaffiliated with Northwestern.”
It added, “The university is working with local law enforcement on next steps, including potential criminal charges.”
On Feb. 10, The Northwestern Daily reported that the Evanston Police Department is involved in the investigation. “The department takes reports of hate-based incidents seriously and continues to pursue investigative leads,” a spokesperson for the department said.
Northwestern University has been the site of dozens of antisemitic incidents and the center of the federal government’s efforts to combat campus antisemitism.
During the 2023-2o24 academic year, former university president Michael Schill reached a shocking and unprecedented agreement with pro-Hamas organizers of an illegal encampment, agreeing to establish a new scholarship for Palestinian undergraduates, contact potential employers of students who caused recent campus disruptions to insist on their being hired, and create a segregated dormitory hall to be occupied exclusively by Middle Eastern and North African (MENA) and Muslim students. The university — where protesters shouted “Kill the Jews!” — also agreed to form a new investment committee that would consider adopting the boycott, divestment, and sanctions (BDS) movement against Israel.
In late November, Northwestern University agreed to pay $75 million and end the controversial agreement in exchange for the US federal government’s releasing $790 million in grants it impounded in April over accusations of antisemitism and reverse discrimination.
“As part of this agreement with the federal government, the university has terminated the Deering Meadow Agreement and will reverse all policies that have been implemented or are being implemented in adherence to it,” the university said in a statement which stressed that it also halted plans for the segregated dormitory. “The university remains committed to fostering inclusive spaces and will continue to support student belonging and engagement through existing campus facilities and organizations, while partnering with alumni to explore off-campus, privately owned locations that could further support community connection and programming.”
Northwestern had previously touted its progress on addressing the campus antisemitism crisis in April, saying that it had addressed alleged failures highlighted by lawmakers and Jewish civil rights activists.
“The university administration took this criticism to heart and spent much of last summer revising our rules and policies to make our university safe for all of our students, regardless of their religion, race, national origin, sexual orientation, or political viewpoint,” the university said at the time. “Among the updated policies is our Demonstration Policy, which includes new requirements and guidance on how, when, and where members of the community may protest or otherwise engage in expressive activity.”
The university added that it also adopted the International Holocaust Remembrance Alliance (IHRA) definition of antisemitism, a reference tool which aids officials in determining what constitutes antisemitism, and begun holding “mandatory antisemitism training” sessions which “all students, faculty, and staff” must attend.
“This included a live training for all new students in September and a 17-minute training module for all enrolled students, produced in collaboration with the Jewish United Fund,” it continued. “Antisemitism trainings will continue as a permanent part of our broader training in civil rights and Title IX.”
Other initiatives rolled out by the university include an Advisory Council to the President on Jewish Life, dinners for Jewish students hosted by administrative officials, and educational events which raise awareness of rising antisemitism in the US and around the world. Additionally, Northwestern said that it imposed disciplinary sanctions against several students and one staff member whose conduct violated the new “Demonstration and/or Display Policies” which safeguard peaceful assembly on the campus.
Follow Dion J. Pierre @DionJPierre.