The Satell Family Foundation Trust was established two decades ago, in 1993, as a private 501(c) foundation. It was incorporated by Ed Satell as a not-for-profit foundation dedicated to the greater good, in recognition of the benefits of freedom and opportunity made possible by the sacrifice and contribution of those who came before him.
As Founder & CEO of Progressive Business Publications, Ed has provided jobs for many and a strong business model of success. He is dedicated to a tradition of giving back in proactive, targeted ways that create qualitative opportunities for developing young people as well as support selected institutions in communities he is part of. The family foundation allows him to sponsor numerous impactful heritage projects in five key areas, as he believes everyone should be proud of their heritage and traditions.
Several projects and support areas focus on the plight of disadvantaged children in Israel. These include the Jaffa Institute, now 30 years old, whose mission reaches about 4,000 underprivileged Arab and Israeli children a day, creating safe havens in a difficult world and providing schooling and other services; the Yemin Orde Youth Village. A thriving home for more than 500 children, most orphans; and the Ofanim Program which sends educational resources and teachers to the most marginalized children and teen agers in the Israeli countryside.
Under the heading of educational institutions and programs for young people of promise, the Foundation partnered with the Jewish Federation of Greater Philadelphia to create and now sponsors the Satell Teen Fellowship for Leadership Skills and Social Activism, a select year-long training program for the best and brightest high school students in the Philadelphia region.
To benefit the broader cultural and civic community, the Foundation was a founding sponsor of the National Museum of American Jewish History on Independence Mall, and has supported the National Liberty Museum since its inception.
Vital research projects in Israel include six initiatives at one of the top ten research institutions in the world, the Technion Institute outside Haifa: The Satell Family Foundation Nitrogen Hydrogen Alternative Fuels Reaction Research Laboratory and Project, The Satell Program in Stem Cell Science, the Satell Fellow in Stem Cell Research, The Ed Satell Doctoral Fellows Club Partnership, and the Richard D. Satell Cancer Research Projects.
Finally, the Foundation established the Satell Family Growth and Development Fund at Temple Sholom, Broomall, Pa, sponsors education missions to Israel through the American Israel Education Fund, and supports Hillel Houses at both Franklin& Marshall College and the University of Connecticut.
Like the business not-for-profit entity, the Progressive Business Publications Charitable Trust, also established in 1993, the Satell Family Foundation contributes long-term support to key nonprofits and provides hands-on involvement and/or oversight. Requests for grants are not encouraged and the foundation does not accept contributions from the government or other private sources.