Olim Fund of the Land of Israel

The Need: God is calling His Jewish people home to Israel, the Land of their everlasting inheritance. New olim (immigrants) are arriving in ever-increasing numbers to a nation entrenched in a long-standing war against terrorism that has greatly impacted the economy with resulting record levels of inflation, cost of living and unemployment. While the government provides financial assistance for new olim for several months, these benefits soon run out, and sadly, many olim are left without work and often with no other means of support. Thus, unable to survive under these dire circumstances, many give up and return from whence they came. Some, however, have no place to which to return and have fallen into the lowest levels of survival existence.

Survival Assistance: The Olim Fund was founded to provide short-term survival assistance to meet emergency needs of new olim. Such assistance may include, but is not limited to, providing for food, shelter, utilities, medical and dental assistance, and school tuition and other related school expenses. The Fund is specifically not intended to provide long term support and is ideally focused on providing assistance on a one time basis to any given family or individual.

Eligibility: Any immigrant citizen of Israel, regardless of religious belief or affiliation, is eligible to receive assistance from the Fund. Priority will be given to widows and orphans and as determined by the Fund's Board of Directors, on the basis of:

1. Relative need as compared with other requests for assistance.
2. Length of time in the Land, with the most recent olim receiving the highest priority.

Organization: The Olim Fund of the Land of Israel is a joint activity of the Word of Life Association of Roswell, Georgia (a tax free entity) and an official Israel "Amutah" (tax free entity) comprised of Israeli citizens. These Israeli citizens constitute the Board of Directors of the Fund. All overhead expenses of the Fund are absorbed externally to the Fund's operation; therefore, all donations to the Fund are distributed, in their entirety, to olim.

Outreach: The Olim Fund has the singular purpose of acting as a conduit for individuals who desire to help meet the survival-level needs of olim. Representatives of the Fund are strictly forbidden from evangelistic activities of any sort whatsoever during any and all of their activities on behalf of the Fund.

The Board of Directors are:

1. Tamara Silverman; Director - Letter from Tamara Silverman Jan 2013
2. Michael Gertsman
3. Rachmiel Silverman
4. Donna Fischer: Advisory board

Note: No individual involved in the management or administration of the Fund receives any salary or other remuneration from the Fund.

Fund Operations:
1.  Typically, the Board of Directors receives requests for financial assistance from a number of informal fund representatives who are located throughout Israel.  These requests detail each individual need as a basis for the Board of Directors’ consideration.
 
2.  Tax-exempt donations are sent payable to:

Word of Life Association
155 Corinth Court
Roswell, Georgia 30075
For: Olim

3.  The Word of Life Association sends all received donations once each month to the Board of Directors in Israel.

4.  The Board of Directors meets monthly to determine how all funds received are to be distributed.  The funds are then distributed to olim as so determined by the Board of Directors.

Reports:
1.  The Fund  sends a detailed monthly report via e-mail to all donors. November 2002 Report - January 2003 Report - February 2003 Report - March 2003 Report - April 2003 Report - May 2003 Report - June 2003 Report - July 2003 Report - August 2003 Report - September Report - October Report - November Report - December 2003 Report - January 2004 Report - February 2004 Report - March 2004 Report - April 2004 Report - May 2004 Report - June 2004 Report - July 2004 - August 2004 - October 2004 - December 2004 - January 2005 - February 2005 - June 2005 - July 2005 - August 2005 - September 2005 - October 2005 - November 2005- December 2005 - January 2006 - February 2006 - March 2006 - April 2006 - May 2006 - June 2006 - July 2006 - August 2006 - September 2006 - October 2006 - November 2006 - December 2006 - January 2007 - February 2007 - March 2007 - April 2007 - May/June 2007 - July 2007 - August 2007 - September 2007 - December 2007 - January 2008 - February 2008 - March 2008 - April 2008 - May 2008 - June 2008 - July 2008 - September 2008 - December 2008 - January 2009 - February-March 2009 - Sept-Oct 2009 - November 2009 - Dec 2009-Jan 2010 - February 2010 - March-April 2010 - May-June 2010 - July-August 2010 - Oct-Nov 2010 - December 2010 - Jan-Feb 2011 - Mar-Apr 2011 - May-June 2011 - July-August 2011 - January 2012 - January 2013

2.  The Word of Life Association sends annual IRS tax information forms to all donors for income tax purposes.

Contact:
For further information, please contact the Fund via e-mail at: olimfund@gmail.com

Or, via post at: Olim, P.O. Box 2111, Tiberias, Israel

Copyright 2011 by Raymond Robert Fischer