update deskSchools & Higher Education

Venture capitalist to support Israeli academic institutions with million-dollar donations

“Liberal colleges in America are flawed institutions doing a poor job of preparing students for the real world,” said philanthropist David Magerman.

The campus of the Jerusalem College of Technology. Credit: JCT.
The campus of the Jerusalem College of Technology. Credit: JCT.

David Magerman, a Jewish philanthropist and managing partner at Differential Ventures, is giving $1 million a piece to Tel Aviv University, Bar-Ilan University, the Technion-Israel Institute of Technology and the Jerusalem College of Technology. He said he plans more fiscal support to help students integrate into science and technology degree programs at Israeli academic institutions.

“My plan is to redirect my philanthropic efforts going forward largely to Israel,” he said in an interview with Fox News Digital. “I don’t see much value generated by giving to American universities.”

The University of Pennsylvania and Stanford University graduate added, “I think that liberal colleges in America are flawed institutions that are doing a poor job of preparing students for the real world.”

Magerman called on Jewish donors to stop funding Ivy League schools and rejected the idea that these institutions were capable of reform.

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