1901 December 30, (19 Tevet 5662) JEWISH NATIONAL FUND (Keren Kayemet L'Yisrael) (Switzerland-Eretz Israel)
Was created at the 5th Zionist Congress in Basel. Conceived of by Dr. H. Schapira, it was dedicated to purchasing and reclaiming land in order to create a national homeland. The land was bought and leased to settlers for a period of forty-nine years. This was in accordance with Jewish law in which land is leased only until Jubilee (forty-nine years) and then returned to its original owner. Today the JNF is actively involved in afforestation, water reserves, and the environment, as well as education.