The "Hadadit" Fund

The "Hadadit" Fund (Israeli Aid Fund) is used by the Alliance to provide material aid for Messianic believers in Israel who are facing financial difficulty.

 

The Fund operates on a few levels:

1. Handing grants to families and individuals who have handed in a request for aid and received the recommendation of their congregation's leadership. Their congregation commits to contribute 20% of the approved sum.
The Fund gives preference to believers who work for their living, but are temporarily unable to cover living expenses. The grant is given with the intent that, in the future, the recipients would be able to support themselves and others financially.

2. Providing regular monthly support to congregations and Messianic organizations. Contributing to various conference expenses (e.g. Young People's Conferences, Soldiers' Conferences, Youth Conferences) and granting scholarships to students in their studies and ministry training.

3. Issuing no-interest loans to small business proprietors who want to develop their businesses, and to entrepreneurs starting up new businesses.  Applicants are required to have the recommendation of their congregation's leadership and are to hand in, among other documents, their business plan.

4. Issuing no-interest loans to local believers for payment of their professional training and studies. Applicants are required to have the recommendation of their congregation's leadership.