Adelson is also known for his philanthropy and has done many good things with his wealth. A great push for Newt. Philanthropy
Adelson donated over $25 million to the M.I.S. Hebrew Academy in Las Vegas to build a high school. In 2005, Adelson and his wife contributed $250,000 each (thus the total contribution from the couple was $500,000) to the second inauguration of President George W. Bush.[12][13][14] In 2006 Adelson contributed $25 million to the Yad Vashem Holocaust Martyrs’ and Heroes’ Remembrance Authority.[15] Since 2007 the Adelson Family Foundation has made contributions totalling $100 million to Birthright Israel, which finances Jewish youth trips to Israel.[16]
Adelson also has funded the Boston based Dr. Miriam and Sheldon G. Adelson Medical Research Foundation. AMRF is a private foundation committed to a model of open and highly integrated collaboration among outstanding investigators who participate in goal-directed basic and clinical research to prevent, reduce or eliminate disabling and life-threatening illness.[17] This foundation initiated the Adelson Program in Neural Repair and Rehabilitation (APNRR) with $7.5 million donated to collaborating researchers at 10 universities.[18]
[edit] Politics
In 2010, Adelson donated $1,000,000 to Newt Gingrich’s organization, American Solutions for Winning the Future.[19]
In 2011, Adelson is expected to donate an additional $20,000,000 to pro-Gingrich organizations in an effort to bolster Gingrich’s bid for the U.S. Presidency.[20]
Adelson sound like my kind of guy! I guess I don’t understand the left’s harangue against rich people. Money can do good if placed in the right spots!
Wow. wouldn’t you just love to have that kind of money to give to your favorite causes and people you support.
Way to go!