Name:
Richard Bassuk
AIPAC Role:
Member of AIPAC's Board of Directors
Professional Profile/Associations:
AIPAC national board member and major pro-Israel political donor. Co-Chairman and CEO of Greystone Bassuk Group, a New York-based real estate capital intermediary and advisory firm. Has arranged financing of over $4 billion for new developments and redevelopment projects throughout New York. Co-founded the Singer & Bassuk Organization in 1996 with Andy Singer, a boutique real estate finance intermediary. Previously served as President of Starrett Housing Corporation (1979–1994), a major New York real estate development and construction firm. Started at Starrett in 1973 and ran the development business, including projects in Iran before the 1979 revolution. Donated $125,000 in 2022 and 2023 to AIPAC's United Democracy Project (UDP) super PAC on behalf of The Bassuk Organization, with additional contributions of $8,000 to AIPAC Federal PAC (2023–2024).
Accountability:
As a member of AIPAC's Board of Directors, Richard Bassuk bears individual legal responsibility for the organization's conduct. Under U.S. nonprofit law, board members hold fiduciary duties to ensure organizational compliance with applicable legal standards, implement oversight systems for core activities, and respond to credible information about organizational wrongdoing. In Stern v. Lucy Webb Hayes (1974), the federal district court held that nonprofit directors who fail to supervise organizational decisions breach their fiduciary obligations. In In re Lemington Home for the Aged (3d Cir. 2015), the Third Circuit upheld $2.25 million in damages against nonprofit directors who ignored red flags and failed to exercise reasonable oversight. The information in these profiles is drawn primarily from AIPAC's most recent IRS Form 990, supplemented by publicly available sources including news reports, official announcements, and public records. As a 501(c)(4) social welfare organization, AIPAC is legally required to file Form 990 annually with the Internal Revenue Service, and these filings are public documents.
However, IRS regulations allow organizations up to eleven months after their fiscal year ends to submit these forms, meaning publicly available data typically lags by approximately one year. This inherent delay underscores why AIPAC—like most major organizations of its size and influence—should maintain a current, public-facing leadership page identifying its board members and senior executives. The absence of such transparency from AIPAC necessitates this project. We are committed to accuracy and will update these profiles as new information becomes available. If you have corrections, updates, or additional sourced information, please contact us at advocacy@dawnmena.org.
