The list can continue to grow upon newly approved employee submissions, including the original five if an employee requests them, and the charities are no longer listed under the heading of 'Israel/Gaza.' The new 15-charity list includes 14 Israeli aid organizations and UNRWA USA National Committee, a nonprofit that works with the United Nations to support Palestinian refugees.

In response, the company took down the original list of five companies a day later and then, late in the afternoon on Friday, shared a new list of approved charities that were all employee-submitted.

Frustrated staffers believed the firm was not being supportive enough of Israeli needs, and a Slack channel with dozens of members was formed to discuss it. Several employees told Insider the lack of Israel-specific charities and the heading on the Google doc sparked internal complaints at the 2,000-person firm. The email also called for employees to submit their own organizations to qualify for the double match upon approval by Two Sigma's third-party reviewer, and the original five organizations were listed on a companywide Google doc under the heading 'Israel/Gaza.' These organizations were pre-approved by a third party for employees to receive a double match of any donations they made, meaning a $100 employee donation would result in a $200 donation from the company. This story is available exclusively to Business InsiderĪnd start reading now. Account icon An icon in the shape of a person's head and shoulders.

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