Michael Steinhardt, a billionaire philanthropist for Jewish causes, has agreed to surrender stolen antiquities valued at $70 million and to never again acquire antiquities, according to an agreement filed Dec. 6 in Manhattan Supreme Court. In return, Steinhardt, co-founder of Birthright, an organization that sends young Jews on free trips to Israel, will not face criminal charges for illegally smuggling the items.

Steinhardt, 81, is not the only billionaire to have faced scrutiny over antiquities trafficking. So too has Steve Green, the evangelical founder of the craft store Hobby Lobby, who amassed 40,000 artifacts from the Middle East for the Museum of the Bible in Washington, D.C. Green helped launch the museum and is a major benefactor.

Steinhardt has funded some of the most prestigious Jewish nonprofits. He and Charles Bronfman, a billionaire heir to the Seagram liquor fortune, co-founded Birthright Israel, which has sent more than 700,000 young Jews on free trips to Israel. Steinhardt also financed a network of Hebrew charter schools, and a natural history museum in Tel Aviv that bears his name. A gallery at the Metropolitan Museum of Art in New York is named for him, and he has given millions to New York University, which named its Steinhardt School of Culture, Education and Human Development after him.

Steinhardt said in a prepared statement issued by his attorneys that the items “wrongfully taken by others will be returned to their native countries,” The Associated Press reported.