NEW YORK (Mar. 8)
The American Committee for the Weizmann Institute of Science has announced through its president Abraham Feinberg, that $500, 000 have been turned over to the Endowment Fund of the John F. Kennedy Memorial Fellowships established recently at the Institute in Rehovot. This sum represents the proceeds from the 18th Annual Weizmann Dinner which was addressed by President Lyndon B. Johnson in New York last month.
Mr. Feinberg said that Israel will participate in the Kennedy Endowment Fund to the extent of IL 3, 000, 000, of which one million pounds will be made available by the Israeli Government, Honorary chairman of the Israeli Committee for the Kennedy Fellowships Fund is Israel’s President Zalman Shazar, and the chairman is Mr. Abba Eban, Deputy Prime Minister of Israel and president of the Weizmann Institute. The Kennedy Fellowships are open to qualified scientists in all parts of the world who wish to pursue their research and studies at the Weizmann Institute.
The American Committee also announced that Mr. Harry Frankel has assumed the chairmanship of its Special Projects Committee which directs a variety of fundraising projects based on bequests and legacies, in support of different phases of the Weizmann Institute’s work. Included in the Special Projects program is a national life insurance plan through which participating individuals and organizations can help assure the permanency of the Institute’s scientific work without any loss or diminution of the donors’ assets or estates.