Modern day Israel. The start-up nation. Glistening, bustling, cultural epicenter of the Middle East. Israel is home to some of the hottest and innovative tech companies on the planet. It is no secret that many of these companies have been sold for billions of dollars (Waze, Viber, etc.). And if not billions? Millions or hundreds of millions. If you were to ask the average American about Israel’s economic standing, the answer would probably be along the lines of: “Israel is a top 10 country in terms of economic output and financial wellbeing.” While that would be true from a governmental standpoint, unfortunately many average Israeli citizens are in the exact opposite financial situation (and the term “many” here is a massive understatement).
We recently made note of the fact that the overall poverty rate in Israel is at a shocking 31.9% rate. The statistics in numbers? 2.624 million Israelis (out of a total of a little over 8 million Israeli citizens) live from paycheck to paycheck, which includes a whopping 1 million children.
Sure, there is poverty everywhere in the world. However, with all of the advances we have made as a human race over the past hundred years or so, you would think that poverty levels would decrease. Poverty levels are in fact decreasing in other first world countries, however in Israel, unfortunately they are increasing. Only four years ago (2011), the poverty rate stood at 28%. The trend is real and it’s not going away.
What We Can Do About It
Due to this, our organization has seen a surge in families coming to us for much needed relief. And luckily, our organization has found a solution. Feed Israel’s hungry children, help them advance scholastically and break the cycle of poverty. Yad Ezra V’Shulamit feeds over 500 children a hot meal daily, helps them with their homework and prepares them for a better future. If we can reach the children below the poverty line and change their reality now, it will give them a chance for a normal future.
Many people believe the Israeli start-ups, technological entrepreneurs, and venture capital investments will ‘trickle down’ to the poor and provide relief. That has not yet happened and likely will never happen. Israel’s world economic image certainly doesn’t paint an accurate picture of the reality on the ground. It is up to us to help these struggling families break out of their current fiscal situation.
Please consider making a donation to our charitable organization to help feed Israel’s hungry families.