 It is a registered corporation of the State of Israel.One of Israel’s three “National Institutions,” Keren Hayesod works in coordination with the Government of Israel and the Jewish Agency for Israel to further the national priorities of the State of Israel.Keren Hayesod was established at the World Zionist Congress in London on July 7–24, 1920, to provide the Zionist movement with resources needed for the Jews to establish a Jewish state in Palestine.