Jerusalem (Oct. 4)
Isaac Loeb Goldberg, one of the founders of the Zionist movement and a prominent philanthropist, who died September 14, in Zurich, Switzerland, entrusted to the Jewish National Fund a bequest of $3,750,000, it was revealed here today.
According to the terms of the bequest, the capital is to remain untouched, but a joint committee of the Hebrew University, the Zionist Executive, the Jewish National Fund and Hebrew writers is to be formed to supervise the distribution of the interest to be derived from the fund, for educational purposes in Palestine.
Goldberg, who played a prominent part in the convoking of the first World Zionist Congress in 1897, was also one of the founders of the Jewish Colonial Trust, Zionist financial institution, and Haolam, official World Zionist publication.
As a philanthropist he was noted for his large contributions to causes dear to him. It was very characteristic of him to walk out of a meeting very quietly, leaving with the chairman a check for $5,000 or more, for the activity under discussion.