From a political perspective, I oppose all foreign aid per se. I support giving loans to foreign countries but not gifts. However, regarding Judaism, it doesn't view the nation of Israel or the Jewish people as superior to other nations or people. The Orthodox Jewish interpretation is that Jews were simply chosen to have a collective spiritual vocation. Conservative Judaism interprets chosenness a special burden rather than an entitlement to privileges. Reform Judaism states that all Jews, whether they are in the traditional land of Israel or not, are chosen, and like Conservative Judaism, it interprets chosenness as a special obligation on Jews rather than to them:
http://en.wikipedia.org/wiki/Jews_as..._denominations