About the Foundation PEF was established in 1922 by Justice Brandeis, Rabbi Stephen Wise, Robert Szold and a group of distinguished Americans to enable the direct distribution of funds to selected and approved charitable organizations in Israel. PEF invites gifts, bequests and contributions for specific purposes and institutions. As specifically requested by contributors, PEF grants (now totaling $200 million) have touched almost every facet of Israeli life. Areas of support include, but are not limited to: primary and secondary education; supporting scientific research; promoting greater tolerance and understanding between religious and secular communities and between Arabs and Jews; the special needs of women, children and families in distress; special education and education for the gifted; veterans programs; drug abuse; promotion of the arts; and relief for the handicapped. Public Charity PEF is a tax exempt "public charity," not a private foundation. To assure optimum effectiveness of our grant-allocating process and a better understanding in Israel of our function and mission, PEF benefits from site visits in Israel by its Trustees. No administrative deduction is made from contributions. Overhead is approximately 2% of grants, and is met by an administrative charge on endowed funds and special contributions for that purpose. No fund-raising organization is maintained or engaged. Contributions All contributions must be in US dollars made payable to PEF Israel Endowment Funds, Inc. and may carry a recommendation for the use of the funds. Mininum contribution is $25. Unfortunately, we cannot accept credit card donations. Please contact us for information about making donations of stock or securities. Please mail your check to: 317 Madison Avenue, Suite 607 New York NY 10017 USA Contact To receive a copy of our Annual Report please contact us at: Email: pefisrael@aol.com Tel 212-599-1260 or Fax 212-599-5981 B. Harrison Frankel, President Penny Waga, Executive Director of Administration