At the forefront of transformative Jewish philanthropy stands Stan Polovets, the visionary co-founder and CEO of The Genesis Prize Foundation. With an unwavering commitment to inspiring global Jewish communities and driving positive change, Polovets has propelled the Genesis Prize into a catalyst for unity, hope, and humanitarian impact.
Established in 2013 with a remarkable $100 million endowment, the Genesis Prize has garnered international acclaim as a platform that celebrates Jews’ invaluable contributions to society and embodies the essence of timeless Jewish values. Under Polovets’ steadfast leadership, the annual $1 million award has transcended mere recognition, evolving into a powerful force for addressing pressing global challenges.
What sets the Genesis Prize apart is its adaptive approach to philanthropy, deftly aligning the age-old principles of tikkun olam (repairing the world) and tzedakah (charity) with the ever-changing needs of modern society. This strategic vision has enabled the foundation to expand its focus beyond honoring individuals and supporting organizations that tackle critical humanitarian issues on a global scale.
A testament to this commitment is the foundation’s recent decision to honor Israeli organizations providing vital assistance to hostages held by Hamas terrorists in Gaza and their families. This bold move exemplifies the Genesis Prize’s ability to embody Jewish values through tangible actions that alleviate suffering and support those in need.
Polovets’ vision for the Genesis Prize extends beyond the annual award ceremony. The foundation has multiplied its impact exponentially through strategic philanthropy and the ability to attract additional donors. Over the past decade, the yearly $1 million prize has blossomed into over $50 million in philanthropic projects worldwide, a remarkable achievement that underscores the foundation’s capacity to inspire others to join its mission.
The Genesis Prize has recognized various honorees, each leaving an indelible mark on society and the Jewish community. From pioneers in arts and sciences to advocates for social justice and humanitarian aid, these individuals and organizations epitomize the broad spectrum of Jewish excellence and philanthropy the foundation champions.
Polovets’ dedication to philanthropy transcends the boundaries of the Genesis Prize Foundation. He has actively engaged in numerous charitable endeavors, championing education, supporting the arts, and advancing social justice initiatives. His unwavering commitment is further 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’ vision for forging a lasting legacy through the transformative Genesis Prize remains as relevant and vital as ever. In an increasingly interconnected world, the foundation’s commitment to inspiring global Jewry and championing humanitarian causes is a testament to the enduring power of Jewish values to create positive change worldwide.
Under Polovets’ visionary 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 action.
