The Jim Joseph Foundation made a $3 million challenge grant to the Yeshivat Chovevei Torah Rabbinical School the 5-year-old foundation's first direct grant to a rabbinical school. The money will be disbursed over a five-year period. The yeshiva will commit to matching $2.5 million of the grant on a one-to-one basis. The Jim Joseph grant is designed to permit the school to produce more pulpit and campus rabbis and Jewish educators, and to create a separate track for Jewish educators that will carry the same prestige as the pulpit track.
Founded in 2001 by Rabbi Avi Weiss, Yeshivat Chovevei Torah has carved out a niche on the left wing of Modern Orthodoxy, ordaining rabbis committed to a more open, pluralistic approach to Orthodox Judaism.
The Jim Joseph Foundation, established in 2006, manages assets of nearly $725 million that are used to promote Jewish learning for young people.