Search JTA's historical archive dating back to 1923

Rebrew University Announces Six-year Fund-raising Plan

March 31, 1953
See Original Daily Bulletin From This Date
Advertisement

The Hebrew University plans to raise $12,000,000 and 12,000,000 pounds within the next six years for necessary expansion of its plant, Prof. Benjamin Mazar, newly elected president of the University, announced here today. His announcement was made at a press conference addressed by himself, George S. Wise, new chairman of the Board, and Dr. Werser Senator, re-elected executive vice-president of the institution.

Prof. Mazar also announced that Dr. Nahum Goldmann and Berl Locker, cochairmen of the Jewish Agency executive, have been elected to the University’s Board of Governors. He thanked both the Agency, which has contributed 250,000 pounds toward the University’s budget, and Israel Government leaders–including Premier David Ben Gurion and Minister of Education Ben Zion Dinur–for their interest in the institution.

Dr. Wise also expressed gratitude for the helpful attitude of the Agency and the Israel Government and pledged that Jews everywhere, particularly the American Friends of the University, would contribute their share toward building up the University. He praised the leadership and scholarship of the new president.

Dr. Senator revealed that the University’s current budget is 3,500,000 pounds, 70 percent of which is covered by government and organizational contributions and by student fees. The remaining 30 percent, he stressed, must be found from other sources. He also disclosed that the University would immediately start on the development of the Eliezer Kaplan School of Economy, Social Sciences and Administration, which it hopes to expand to the status of a faculty within a few years.

Following the press conference, Dr. Wise pointed out that of the total of 12,000,000 pounds and $12,000,000 to be raised throughout the world for the University’s building program, only $7,000,000 need be raised in the United States. This sum, Dr. Wise said, was not excessive and must be raised in the U.S. to insure the success of the program.

He reported that plans for the University’s building program would be completed within a few months, after which a fund-raising campaign would be launched in the U.S. This drive, he underlined, will be conducted with the approval of the Jewish Agency and the Israel Government and will be conducted in full coordination with the major fund campaigns, such as the United Jewish Appeal, Israel bond organization and the welfare funds.

Recommended from JTA

Advertisement