New York – Billionaire Distributes Funds To Chabad Shuluchim.

New York – The Bogolubov Simcha Fund, established with an initial $10 million by Ukrainian billionaire, Mr. Gennady Bogolubov, has begun disbursing grants to Chabad-Lubavitch representatives for family related expenses.

The announcement was a welcome surprise to Chabad Shluchim whose personal economics have rarely been the object of philanthropic largesse.

“Supporting Shluchim has typically meant supporting their activities. To have someone address their personal needs is unusual, and tells Shluchim that their dedication and selflessness are appreciated,” said Rabbi Moshe Kotlarsky, Vice Chairman of Merkos—the education division of Lubavitch whose offices are managing the disbursement of the funds.

Chabad-Lubavitch representatives stand out in a crowd, if not because of their black fedoras, then because of what seems like a genetic predisposition for a never waning drive that spurs them on to relentless, creative activity. But if there’s one ambition that prospective Shluchim must lay to rest before making the lifelong commitment to Jewish outreach, it’s probably related to fantasies about finding their faces among Forbes 500 Richest.

In fact, many Shluchim struggle month-to-month to make the bank. Large families are typical, and the costs of sending children to out-of-town yeshivas when there is no adequate one locally, can be staggering given the modest incomes that are the norm for most Shluchim. Add to that the costs of making weddings—sometimes more than one a year, bar mitzvahs and other life-cycle events, and budgetary shortfalls are a stressful fact of life for many a Chabad representative. The Fund became effective November 11. To date it has disbursed grants to 220 Shluchim.[lubavitch.com]