More than 500 West Coast supporters of the 17-year-old Israel Histadrut Foundation celebrated the 10th anniversary of the reunification of Jerusalem and applauded the report that the Foundation’s cumulative total commitment to Israel is nearing the $48 million mark at a Beverly Hills luncheon yesterday. The jointly-sponsored Foundation-Pioneer Women event heard the founder-president, Dr. Sol Stein, of New York, announce that with the help of the newly-established Canadian branch the Foundation has raised $47,537,000 in charitable bequests, testamentary trusts, annuity programs and other long-term commitments for Israel.
A principal focus of the program is the Histadrut Annuity Trust campaign to provide home mortgage funds for Israeli veterans and newly-married couples, a program which earns contributors a 9.5 to 18.5 percent lifetime dividend, depending on age, and “a 100 percent return in satisfaction,” Stein said.
Thus far in the current fiscal year beginning last Oct. 1, the national foundation raised $3.5 million, of which $1,261,726 or 36 percent came from the Greater Los Angeles area.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
