Why Is Goldman Sachs Funding the Settlers of Hebron?

Why Is Goldman Sachs Funding the Settlers of Hebron?

Even though the firm’s Charitable Gift Fund consistently gives to right-wing Israeli groups or their U.S. fronts, the Hebron aid is a standout, as the showcase city for the worst of the Israeli occupation.

In 2012 the Goldman Sachs Charitable Gift Fund granted $18,000 to one of the most violent and discriminatory communities in the West Bank – the Jewish community in Hebron. Hebron is a perpetual nightmare. About 700 Jews live in tiny fortified urban settlements at the center of a city inhabited by 180,000 Palestinians.

The settlers of Hebron are known for violence. There are multiple videos online in which they yell “Death to Arabs!” and paint hateful Hebrew graffiti on the doors of Palestinian stores. Their children rampage through Palestinian markets, kick over tables with goods, and wreak havoc. Hebron settlers are also known to attack Israeli soldiers on the rare occasions they’ve attempt to curb the settlers’ violent activities. In parts of downtown Hebron Palestinian residents installed nets and metal grates over the streets to catch the garbage that settlers routinely throw from their windows.

Hebron is the showcase city for human rights organizations to bring tourists to when they want demonstrate the worst of the Israeli occupation. The largely abandoned historic center of Hebron is known as “The Ghost Town.” The Israeli Defense Forces have welded the doors of Arab shops shut and prevent Palestinians from entering much of the area.

Here IDF soldiers segregate the roads and force Palestinians to use a narrow, unpaved and rough pedestrian passageways while their Jewish neighbors walk on the main street. Here the Jewish community worships the terrorist Baruch Goldstein, an American-born physician, who entered the Ibrahimi Mosque at Abraham’s tomb in Hebron in February 1994 and massacred 29 Palestinian worshippers and wounded 120, before being beaten to death with a fire extinguisher.

So why did Goldman Sachs Charitable Gift Fund, a foundation connected to the world’s most powerful investment bank and run by Goldman Sachs’ top executives, donate $18,000 to the Brooklyn-based Hebron Fund that bankrolls this humanitarian nightmare?

On their IRS tax records, Goldman Sachs Charitable Gift Fund declared the purpose of the gift was “International Humanitarian Program” to needy Hebron families. With revenues of $2,250,000 the Hebron Fund can deliver from hunger quite a few of the 700 Jewish settlers of the city.
Grants to the Hebron Fund are not an isolated occurrence. There is a clear pattern in the Fund’s giving to Israel rightwing groups or their American fronts. In 2012-2013 they gave $708,000 to the American-Israel Education Foundation, AIPAC’s educational arm; $15,000 to the American Jewish International Relations Institute, a right wing organization which “monitors, tracks, and combats anti-Israel voting patterns at the United Nations”; and $6,100 to the American Friends of the Likud Party.
Though the case of granting money to the Jewish community of Hebron is particularly striking, we should see the funding of the Hebron settlement as only one example in the context of hundreds of millions of dollars backing the full range of West Bank settlements.
The Jewish community of Hebron is one of many that violate international law by settling on occupied land. The Geneva Conventions prohibits a state from transferring its own civilian population into territory it has occupied. As long as Israel chooses not to annex the West Bank, it cannot transfer its population there. And yet, between 2009-2013, American nonprofits funneled $220 million dollars to Israeli settlements to fund everything from yeshivas’ air conditioners to financial aid to families of Jewish terrorists.

Most American administrations since 1967 have had a clear position on Israeli settlements: they oppose them. In 2011, when the U.S. vetoed the UN Security Council’s resolution condemning Israeli settlements in Palestinian territory, UN Ambassador Susan Rice, said the decision “should not be misunderstood to mean we support settlement activity.” In response, Israel’s close allies Britain, France and Germany put out a joint statement explaining they had voted for the resolution “because our views on settlements, including east Jerusalem, are clear: they are illegal under international law, an obstacle to peace, and constitute a threat to a two-state solution. All settlement activity, including in east Jerusalem, should cease immediately.”

Moreover, some eighty percent of American Jews support a two-state solution and it’s clear to all that settlements undermine it. So when Goldman Sachs gives money to the Jewish community of Hebron, not only does it operate in violation of international law, against the policies of the Obama administration, it also breaks with the American Jewish consensus.

So why did Goldman Sachs Charitable Gift Fund grant $18,000 to the Hebron Fund?

The op-ed was originally published in Haaretz.

One Comment

  1. Merle Lefkoff April 11, 2016 at 3:27 pm - Reply

    Dumb question! Because they’re a Jewish financial firm and they’re all Zionists. If you want to find post-Zionist American Jews, go to JVP. The BDS movement is hopefully giving GS nightmares.

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