Birthright is cutting its budget by $35 million Birthright Israel is cutting its budget by $35 million for 2009.
Golan, however, said that Birthright will most likely not be affected by the financial troubles of the company of its largest private benefactor, Sheldon Adelson’s Las Vegas Sands company. The casino company is on the verge of bankruptcy, according to Bloomberg News.
Adelson gave some $60 million to Birthright Israel in 2006 and 2007. In 2008, he pledged $30 million to the organization to be paid out over the next two years. The money will pay for 6,000 trips, Golan said.
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