Fund-raising Functions of Keren Hayesod and Jewish National Fund Defined
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Fund-raising Functions of Keren Hayesod and Jewish National Fund Defined

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The Keren Hayesod will now be the “sole fund of the World Zionist Organization” to launch appeals in Israel and in communities abroad, according to a resolution adopted by the World Zionist Congress here prior to its conclusion last week.

The resolution declares that the Keren Hayesod “shall have priority in all matters connected with appeals and the raising of funds for Israel.” The Zionist Actions Committee, according to the resolution, will assign to the Jewish National Fund as land redemption agency an allocation from the total income of the Keren Hayesod. The J.N.F. however, retains its right to its traditional collections. A special committee composed of representatives of both funds in equal numbers will define the nature, timing and form of such traditional collections.

In case this committee should fail to reach agreement, final decision will be made by the Actions Committee. The Actions Committee will facilitate the maximum expansion of these traditional collections and abolish the ceiling limitation on the J.N.F.’s traditional income in certain countries. The functions of the Jewish National Fund in Israel, under full autonomy, will be “the acquisition of land in all its forms, land development of every type, afforestation and such other development activities as may be decided by the Actions Committee.”

Appeals in each country will be conducted in the future as in the past, under the respective accepted name in that country “and the Keren Hayesod, as the financial instrument of the Zionist Executive and the Jewish Agency, shall direct from Jerusalem all activities in connection with such appeals.” Funds raised by the Keren Hayesod will be budgeted by the Congress or Actions Committee.

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