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Howard L. Goldstein Passes the Torch to Andrew M. Hutter, MD, Israel Bonds’ New National and International Chairman of the Board
Dr. Hutter takes on the mantle from Goldstein, who led the Board for six years — including in 2023, a record-breaking year, when Israel Bonds surpassed $2.7 billion in worldwide investments, more than doubling its sales goals since the brutal October 7 attacks.
Edited by: TJVNews.com
Development Corporation for Israel/Israel Bonds announced yesterday that Andrew M. Hutter, MD, has been elected as the National and International Chairman of its Board of Directors, while Howard L. Goldstein has completed his term as Chairman.
Dr. Hutter has been involved with Israel Bonds for more than 20 years and has led various committees during that time. An orthopedic surgeon based in metro New Jersey, he served as chairman of that region’s Israel Bonds’ Medical Division and then as general chairman of the metro New Jersey campaign. He later co-founded the national Medical Division of Israel Bonds and has led many medical delegations to Israel on behalf of the organization. Nationally, he has served on the Israel Bonds’ Board of Directors for 15 years, most recently as vice chairman and treasurer of the board.
As the chairman and co-founder, along with Goldstein, of Israel Bonds’ Mentorship Program, Dr. Hutter was instrumental in developing the organization’s next generation of leaders. In fact, his children have also taken active roles with Israel Bonds, with his son Jared and daughter-in-law Lindsey receiving the Israel Bonds’ New Leadership L’Dor V’Dor award in 2023.
With more than four decades of leadership roles at Israel Bonds, Goldstein, a certified public accountant based in South Florida, led the Board during a year in which Israel Bonds surpassed $2.7 billion in worldwide investments — a record-breaking total in the organization’s 73-year history and more than doubling its sales goals in light of the brutal October 7 Hamas attacks. At Israel’s darkest moment, Israel Bonds immediately jumped into action, securing $1 billion in investments during the first 30 days after the October 7 massacre. This historic groundswell of investments included purchases from more than 15 U.S. state and municipal governments and institutions.
During his time as Chairman, Goldstein placed the highest priority on recruiting and grooming the successors of the organization through the New Leadership program, an objective that Dr. Hutter plans to continue to prioritize and expand. Goldstein also helped initiate Israel Bonds’ launch of the unique Shalom Bond (also known as the Double Mitzvah program), which gives purchasers the ability to double their impact by donating the bond to their not-for-profit charity of choice.
“Dr. Hutter has played a central role in expanding the impact of Israel Bonds by spearheading creative initiatives and demonstrating his visionary leadership. We are excited to see what new frontiers are ahead for Israel Bonds during his time as Chairman,” said Dani Naveh, President and CEO of Israel Bonds. “At the same time, we have the utmost gratitude for Howard Goldstein, whose inspired leadership ensured that Israel Bonds rose up to meet challenges and seize opportunities at a series of defining moments — especially during the COVID global pandemic and the war this past year.”
“Israel Bonds is the most powerful and significant way to connect the Diaspora to the State of Israel and its people,” Dr. Hutter said. “Especially at a time like the present, anything positive we can communicate about Israel, and any step we can take to create connections to Israel, is essential. These ways in which we stand for Israel are equally as important as the financial support that Israel Bonds secures for the building and development of Israel’s economy. I am honored and humbled to take up the mantle from Howard in leading this crucial mission.”
Goldstein stated, “It is my personal honor to wish Dr. Hutter a heartfelt mazel tov on his election as Chairman of the Board, and most importantly I am gratified and confident that our Board will be in such capable hands moving forward. Dr. Hutter’s leadership, which will prove indispensable at this time when Israel Bonds works toward continuing to strengthen the Jewish state, is undoubtedly more important than ever. As I look back at my tenure as Chairman of the board, I am filled with pride on accomplishing our most important mission: showing the world that we stand strong with our brothers and sisters in Israel.”
Dr. Hutter also co-founded the Israel Bonds Medical Division. Under his leadership, the Medical Division has offered a significant opportunity for medical professionals to engage with like-minded peers on behalf of Israel, through meaningful forums for networking, sharing ideas, and hearing from a diverse array of speakers. The centerpiece of the Medical Division is its biennial delegation to Israel, where participants get a firsthand look at the country’s cutting-edge advances in science and medicine.
Development Corporation for Israel (known as Israel Bonds) and its affiliates around the world have generated over $50 billion in investments since it was founded 73 years ago. Israel bonds have always been a smart investment with strong rates combined with a meaningful message, serving as a symbolic connection with Israel and the people of Israel for Jews worldwide. For more information, visit www.israelbonds.com.
