Pioneering a new era of impactful Jewish philanthropy, Stan Polovets, the co-founder and CEO of The Genesis Prize Foundation, has ushered in a transformative vision that resonates across global communities. With an unwavering dedication to inspiring Jewish unity and addressing pressing humanitarian challenges, Polovets has propelled the Genesis Prize into a beacon of hope and positive change.
Established in 2013 with an impressive $100 million endowment, the Genesis Prize has garnered international acclaim as a prestigious honor that celebrates the invaluable contributions of Jews to humanity. However, under Polovets‘ visionary stewardship, the annual $1 million award has transcended mere recognition, evolving into a powerful catalyst for driving tangible impact on a global scale.
What sets the Genesis Prize apart is its ability to seamlessly integrate the timeless Jewish principles of tikkun olam (repairing the world) and tzedakah (charity) into its core mission. This strategic alignment ensures that the foundation celebrates Jewish excellence and serves as a driving force for addressing critical humanitarian issues through a lens of compassion and social responsibility.
A prime example of this approach is the foundation’s recent decision to honor Israeli organizations dedicated to supporting hostages held by Hamas terrorists in Gaza and their families. By directing the $1 million award towards these vital initiatives, the Genesis Prize underscores its commitment to embodying Jewish values through tangible actions that alleviate suffering and provide essential support to those affected by conflict and humanitarian crises.
Polovets’ vision for the Genesis Prize extends beyond the annual award ceremony. Through strategic partnerships and a commitment to attracting additional donors, the foundation has successfully amplified its impact, transforming the $1 million prize into over $50 million in philanthropic projects spanning the globe over the past decade. This remarkable achievement is a testament to the foundation’s ability to inspire others to join its mission and contribute to the greater good.
The Genesis Prize has recognized various honorees, each making unique and invaluable contributions to society and the Jewish community. From pioneers in the arts and sciences to champions of social justice and humanitarian aid, these individuals and organizations embody the broad spectrum of Jewish excellence and philanthropy the foundation seeks to celebrate and support.
Polovets’ commitment to philanthropy extends far beyond the Genesis Prize Foundation. He has actively engaged in numerous charitable endeavors, championing education, supporting the arts, and advancing social justice initiatives. His unwavering dedication is exemplified by his involvement with prestigious boards, including the Council on Foreign Relations and the New York University President’s Global Council.
Drawing from an illustrious career in the international energy industry and diverse executive roles, Stan Polovets brings a wealth of expertise and a steadfast dedication to excellence. His strategic understanding and business insights have been instrumental in driving the success of the companies he has led, including his pivotal role in the landmark $55 billion sale of oil giant TNK-BP to Rosneft.
As The Genesis Prize Foundation looks to the future, Stan Polovets’ pioneering vision for impactful Jewish philanthropy remains as relevant and vital as ever. In an increasingly interconnected world, the foundation’s commitment to inspiring global Jewry and addressing humanitarian causes is a testament to the enduring power of Jewish values to create positive change worldwide.
Under Polovets’ leadership, the Genesis Prize will continue to blaze a trail, inspiring the next generation of Jewish leaders and philanthropists while upholding its mission to celebrate Jewish achievement and contribute to the betterment of humanity through transformative and impactful initiatives.
