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Histadrut Foundation Reaches $60m Mark

August 14, 1979
See Original Daily Bulletin From This Date

The Israel Hisradrut Foundation (IHF) which mobilizes support for the Histadrut institution in Israel, has announced that it has reached a milestone of $60 million in its cumulative total of long-term commitments through its deferred giving programs, such as bequests and trusts. To celebrate that occasion and the upcoming 60th anniversary of Histadrut in Israel, Dr. Sal Stein, national IHF president, announced that 1979-80 has been designated as the “Sixty Million Dollar Year” of the IHF in America with a goal of $70 million to be reached by Chanukah, 1980, the 60th anniversary of Histadrut in Israel.

Stein, who made this announcement at a meeting of the national staff of the IHF, warned that the galloping rate of inflation in Israel and the economic distress felt in many sectors of the Jewish State makes it imperative to continue the flow of capital to Israel.

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