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New York Federation of Jewish Philanthropies Buys $1,000,000 in Israel Bonds

The Board of Trustees of the Federation of Jewish Philanthropies of New York voted unanimously to extend a loan to the State of Israel through the purchase of $1,000,000 of Israel Bonds, it was announced today by Samuel J. Silberman, President of the Federation. Mr. Silberman explained that the Israel Bond purchase was made from Federation’s building fund reserves raised in its City of Life campaign.