BREAKING NEWS

Bnei Akiva 'goes public' as part of fund-raising campaign

OCTOBER 9, 2011 20:21

The Bnei Akiva religious-Zionist youth movement announced today that it will be conducting a “share issue” as part of a fund-raising campaign for the organization in order to plug a NIS 2 million shortfall in its 2011 budget. “Investors” will be able to purchase a share in the movement for $1,000 dollars in return for which they will be able to join the Bnei Akiva board of shareholders. Dividends will be realized in more Bnei Akiva emissaries, more participants, and “more Zionist education around the world.”

The first shareholders meeting of the formerly socialist movement will be held next Monday during Succot, and Bnei Akiva expressed the hope that at least 50 investors will have taken the plunge by that time. Daniel Goldman, Chairman of the Board of World Bnei Akiva, stressed the importance of learning from the business world about how to involve those who participate in the movement in its decision making process.

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