Divest This!
09 October '10
Now here’s an interesting little press release that came past the Divest This desk over the last 24 hours:
The board of directors of Bikur Cholim-Machzikay Hadath ("BCMH") Congregation in Seattle Washington, which is celebrating its 120th year as a congregation in Seattle, voted Tuesday evening, October 5, 2010, to require that a minimum of twenty five (25%) percent of its endowment fund invest in Israeli investments, products or services. This vote was specifically passed to proactively support investment in Israel especially in times when the general public is boycotting Israeli products to support the "Palestinian cause".
It is the opinion of the board of directors that it must set the example to other synagogues and Jewish organizations to encourage other Jewish institutions to "invest in Israel" both by giving moral support and financial support.
(Read full post)
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