Grapevine: An investment in Israeli youth

The bank’s controlling shareholder dreamed up initiatives that help add to the quality of life of people not been dealt a good hand by fate.

July 3, 2014 12:32
4 minute read.
Former South African President Nelson Mandela.

Former South African President Nelson Mandela 390. (photo credit: Reuters)

■ CHILDREN FROM low socioeconomic backgrounds often miss out on what classmates whose parents are in better financial positions can enjoy. But thousands of children whose parents can’t afford to pay for summer camps can enjoy the benefits of Bank Hapoalim summer camps and leisure days.

The bank’s controlling shareholder is philanthropist and businesswoman Shari Arison, who dreamed up and supports many initiatives that help bridge social gaps and add to the quality of life of people who have not been dealt a particularly good hand by fate. Some of the causes Arison supports are directly through the bank, as in the case of the summer camps, and some are through the Arison Family Foundation.


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