The initiative will feature blitz build in New York City and will revitalize neighborhoods in the U.S., U.K., Canada, China, Australia, Indonesia, Philippines and India.
Since the Trust began awarding grants to Israel-related projects in 2010, it has committed more than $152 million to a wide range of charitable organizations in Israel.
The joint Public-Private Partnership on Peacebuilding will provide grants of up to $1 million to one to three consortia to conduct projects involving a U.S., a Norwegian, and at least one Southern/emerging power partner.
The foundation has had its funding frozen after the government announced a probe into a $250,000 grant it had given to a vocal critic of Prime Minister Narendra Modi.