JNF Accused of Squandering Your Generosity
Jewish National Fund denies Channel 10 report that it has wasted funds from its swollen coffers.
The coffers of the Jewish National Fund hold 4 billion shekels ($1.15 billion) in liquid assets, the “Hamakor” (“The Source”) investigative news program on Channel 10 revealed Wednesday. According to the report, in 2009-2013 the JNF, which controls 13 percent of the land in Israel, or 2.5 million dunams (some 620,000 acres), received almost 6 million shekels for administering its land, a sum that represents over 90 percent of its income.
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