An annual gift for Palestine reconstruction work of $24,000, without a time limit for the annual contribution, has been announced by Grigori Benenson, New York financier and well-known Zioninst. Morris Rothenberg, chairman of the Board of Directors of the United Palestine Appeal, in making public Mr. Beneson’s contribution, stated that the gift will be made yearly without regard to the recurring yearly campaigns or appeals for funds.
Through the years, Mr. Benenson’s unconditional gift will accumulate into very large sums. This gift constitutes an innovation in philanthropic work, and is regarded by the United Palestine Appeal as the most important step thus far made to reduce the cost of campaign collections, Mr. Rothenberg said.
Mr. Benenson’s decision was communicated to Col. Frederick H. Kisch, chairman of the Palestine Zionist Executive, who is at present in this country, and is regarded as showing a recognition of the need for continuous development in connection with the Zionist effort for the reconstruction of Palestine.
Mr. Benenson, who has for many years been a substantial contributor to Zionist funds, was formerly one of the leading industrialists in Russia, and settled in New York after the war. He came into prominence through the acquisition of one of the largest buildings in the city, at 165 Broadway, which now bears his name.
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