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News Brief

July 20, 2005
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The Claims Conference distributed more than $1 billion in 2004, the largest single-year payout in its history. The figure was announced on Tuesday at the annual meeting of the group’s board of directors in New York. Of the sum, more than 70 percent, or $778 million, went to Holocaust survivors. An additional $121 million went to heirs of property, and $45 million went to account holders or their heirs through the Swiss banks settlement. More than 10 percent of the funds went to organizations in 41 countries that care for Jewish Holocaust victims or do Holocaust research and education.

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