Winner of the Genesis Prize 2016, violinist Itzhak Perlman announced now the major recipients of his prize money. The Genesis Prize is an award created by a trio of Russian Jewish philanthropists. The basic prize money of $1 million has been doubled to $2 million by a $1 million contribution from tycoon and philanthropist Roman Abramovich. An additional $1 million comes from a funds program administered by the Jewish Funders Network, bringing the total amount to $3 million.
Perlman said that he would donate $850,000 to organizations in Israel that connect people with disabilities with the classical arts. The Tel Aviv Conservatory will receive $250,000 for a new Perlman-Genesis String Project. Perlman also will fund the Chicago Center in the city of Lod, a community center for Jews and Arabs in a disadvantaged neighbourhood as well as organizations in North America.