We all know that we are supposed to give tzedakah and maaser, but so often it seems like a daunting task to make any impact with the few dollars we can afford. Moshe Hecht describes how crowdfunding can insp... ire people to give more, give people a sense of belonging, and create real change for the people and organizations it benefits. Filmed at the William Breman Jewish Heritage and Holocaust Museum in Atlanta, Georgia in cooperation with the Jewish Federation of Greater Atlanta.See lessSee more
The Rest is Commentary
The baby is growing up. After more than a decade, modern crowdfunding is fast becoming an effective and dynamic method to raise funds-and rally the masses. And while it is still some years away from total global domination, we can't deny it: If we're not running a crowdfunding campaign or giving to a crowdfunding campaign, we're talking about it.
The Rabbis developed an elaborate system of tithing produce, mostly to provide livelihood for priests and Levites. The main biblical passages regarding the tithing of produce are: Numbers 18:21-32 and Deuteronomy 14:22-7 and 26:12. Biblical scholars have seen the differences in these sources concerning the recipients of the tithe as due to the social background of two separate sources, each having its own applications.
The economy has recovered from the worst of the Great Recession, a new president has been inaugurated, and equity crowdfunding is growing, all of which are reshaping the investment landscape. Another factor is brewing that will drastically change the world of capital over the upcoming decades: the ascendance of the millennials.