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American Histadrut Development Foundation Reports $7, 331, 790 Income

February 17, 1966
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Income of the American Histadrut Development Foundation has reached a total of $7, 331, 790 since its establishment in October 1960, William H. Sylk of Philadelphia, national chairman of the Foundation, announced here today at the concluding session of a two-day national midwinter Foundation conference.

Commitments to the Foundation, he noted, including bequests, insurance assignments, trust funds and other long-term items, are utilized for social, educational, health and welfare institutions of the Histadrut in Israel. Income to the Foundation during the past four months, he said, reached a record total of $625, 071.

Some 250 Jewish communal leaders from throughout the United States and Canada participated in the conference which heard addresses by Undersecretary of Labor John F. Henning, Israel Minister Ephraim Evron, Bernard Bloomfield, president of the Canadian Association for Labor Israel and Dr. Sol Stein, executive director of the Histadrut drive.

Dr. Stein announced that the capital fund of Histadrut’s Mutual Aid program in Israel for the next four years will amount to $52, 500, 000. Of this sum, the Histadrut campaign in the U.S. is pledged to raise $5, 000, 000 annually and the Histadrut Foundation an additional $2, 000, 000 a year. The capital funds will be used for the construction in Israel of scores of medical clinics, vocational trade schools, youth and sports centers, old-age homes and cultural institutions, he said.

Among those honored at the conference for long and dedicated service to Israel were Mrs. Emma Schaver of Detroit, Mr. and Mrs. Jacob Rifkin of Wilkes-Barre, Pa., Mr. and Mrs. Morris Newmark, and Mr. and Mrs. Samuel Feinstein of Miami Beach.

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