 It came in response to the Balfour Declaration of 1917, which stated that “his Majesty's government views with favour the establishment in Palestine of a national home for the Jewish people” - turning the ages-old dream of the return to Zion into a politically feasible goal.Keren Hayesod established fundraising organizations around the world.Early leaders included Chaim Weizmann, Albert Einstein and Ze’ev Jabotinsky.