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11 Sivan 5759 - May 26, 1999 | Mordecai Plaut, director Published Weekly
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News
Jewish Congress of Russia To Support Communal Projects

by S. Fried

As indicated by its new annual budget, the Jewish Congress of Russia plans to distribute a sum of 2.6 million dollars to various communal projects to be coordinated in Moscow.

This year's budget is similar to last year's. The financial situation of the leaders of Russian Jewish society has not been adversely affected by the current crises in Russia. Leaders of certain organizations in Moscow were actually pleased to discover that their fear of being adversely affected by the steep devaluation of the ruble did not materialize. During the last year, the ruble lost more than 70% of its value.

The Jewish Congress of Russia was founded in 1996 with the support of prominent Russian tycoons. It defrays the costs of 10% of Jewish projects in Russia. Among the contributors to the Congress are the Jewish Agency of Israel, the American Joint Distribution Committee and other organizations. 60% of the money, however, is contributed by Vladimir Gosniksi, the media millionaire, and Boris Chayat, a businessman specializing in banking and insurance.

The largest single share of the budget -- half a million dollars -- will be used to support social and welfare projects in Moscow. 45 branches of the Congress will be established throughout Russia to attend to the needs of local Jews.

During recent years, these branches distributed more than five million dollars, derived from various funds established by Russian businessmen. Money was collected through successful fundraising campaigns. In Samara, Kazan and Lavdan, in the Volga region, more than a million dollars were collected.


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