NEW YORK (Jul. 15)
The Jewish Restitution Successor Organization, recognized under American law as the group entitled to receive funds left on deposit in this country during World War II by German Jews who died in the Nazi holocaust without heirs, has received an award of $500, 000 from the United States Foreign Claims Settlement Commission, it was announced by the JRSO here today.
Of the total, $50,000 has been earmarked for Protestant and Catholic relief organizations. The remainder will be allocated by the JRSO board for relief and rehabilitation purposes of Jewish Nazi victims. In accordance with the terms of the award, the funds must be expended only in the United States, and no part of the monies can be used for administrative purposes.
The $500,000 award is the first given by the Foreign Claims Settlement Commission under the General War Claims Bill enacted by Congress last October. The bill dealt with claims against funds, stocks and other assets of German nationals seized by the U.S.A. during the war.
JRSO officials said today that a meeting of its constituent organizations will be held soon for allocation of the funds. Among the JRSO’s constituents are the American Jewish Congress, World Jewish Congress, American Jewish Committee, Council of Jews from Germany, the Jewish Agency and the Joint Distribution Committee. The JDC and the Jewish Agency are the operating agencies of the JRSO.