The Goodwill Fund will hold a press conference at 4:00 P.M. on June 30, 2015 regarding the work of the fund. Goodwill Fund directors, LJC chair Faina Kukliansky and director of International Jewish Affairs for the American Jewish Committee Rabbi Andrew Baker (USA) will deliver reports at the press conference.
The conference will be held at the Amberton Hotel located at L. Stuokos-Gucevičiaus street No. 1 in Vilnius. The public enterprise the Goodwill Fund for Distributing Compensation for Real Estate Property of Jewish Religious Organizations was established at the end of 2011 after the Law on the Goodwill Compensation of Real Estate Property of Jewish Religious Organizations drafted on the initiative of the Lithuanian Government was passed into law.
The fund was established by the Lithuanian Jewish Heritage Fund (Lietuvos žydų paveldo fondas) with the cooperation of the LJC and the World Jewish Restitution Organization. Under the law adopted, the state budget will pay out compensation of 128 million litas (3,450,000 euros) annually until 2023 to be used for financing Lithuanian Jewish religious, cultural, health, sport, educational and academic projects in Lithuania.