Owl Creek Asset Management’s Jeffrey Altman donates $300,000 in support of ELEM’s mission to help at-risk youth throughout Israel
New York, NY – July 26, 2024 –
Founded in 1996, ELEM’s Outreach Van Program has 15 specially equipped vans staffed by ELEM professionals and volunteers that currently operate in 24 communities. The staff of the outreach vans travel to meet youth and young adults on their turf, providing mentorship, support, and guidance to help them to acquire the services they need to get “off the streets and on to life.” More than 12,000 at-risk youth receive assistance from ELEM each year, many of whom have come back to volunteer with our outreach vans once they are back on their feet.
“Jeff’s philanthropy and advocacy both today and at numerous times over the past two decades have been key to the ongoing success and expansion of our programs, said Liora Attias-Hadar, ELEM’s Chief Executive Officer. “These additional vans were desperately needed by the ELEM team to reach and assist as many youths as possible after the horrific events of October 7th. Mr. Altman’s longtime commitment, exemplified through this support at the Ray of Hope Gala in NYC, has been instrumental in upholding ELEM’s life-saving initiatives. This incredibly generous gift raised Mr. Altman’s cumulative support to ELEM to over $900,000 since his first contribution in 2003.”