JERUSALEM (Apr. 5)
The Pincus Fund for Jewish Education in the Diaspora has begun to operate. Max Fisher, chairman of the Jewish Agency Board of Governors announced here. A meeting of the Fund’s board was held here last week with Fisher attending.
The Board mapped out broad guidelines for the use of its moneys–interest earned from a capital of $5 million. The priorities, officials said, will be teacher training, educational materials and research, and establishment and expansion of educational institutions. The Fund will not support the regular budgets of ongoing programs. Local participation in projects is a prerequisite for support from the Fund.
Priority will be given to requests from less well-served communities–in South America, Europe, the Moslem countries and remote Jewish communities. The late Louis Pincus developed the idea of an education fund shortly before his death in 1972 and the fund was later set up bearing his name. The participants in it are the Israel government, the Jewish Agency, the World Zionist Organization and the Joint Distribution Committee. Fisher is board chairman and Moshe Krone of the WZO-Executive is vice-chairman.