Jewish National Fund
The Jewish National Fund was founded at the Fifth Zionist Congress in Basel in 1901 with the support of Theodor Herzl. It was based on the proposal of a Jewish mathematician, Zvi Hermann Schapira. In its early years, the organization was headed by the Jewish industrialist Johann Kremenezky. Early land acquisitions were secured in Judea and the Lower Galilee. In 1909, the Jewish National Fund played a central role in the founding of Tel Aviv.