Topics: Successor Organization
Goodwill Fund
Although the Claims Conference became the successor to unclaimed Jewish properties under German law, it established the Goodwill Fund in 1994 in order to enable former Jewish original owners and their heirs to receive a payment even after the German deadline of 1992. Through the Goodwill Fund, certain former owners and heirs could apply for […]
Asset Recovery and Pending Claims
Compensation/Sales The Successor Organization generated revenue of approximately €8.9 million from sales and compensation in 2020. Furthermore, the CC received rental income prior to the sale of properties of approximately €86,500. Expenses relating to the maintenance of property pending sale were approximately €71,200. As of the end of 2020, the CC had filed 124,891 claims […]
Process
Realization of Income The major forms of recovery of the Successor Organization are as follows: (a) SalesIncome from restituted property is realized through the sale of properties. Guidelines approved by the Board of Directors are in place governing the sales of property (including the requirement of an independent appraisal by a licensed appraiser for any […]
The Successor Organization
In 1990, the new democratic government of East Germany introduced legislation to restitute property that had been nationalized by the former East German Communist regime. Even before the reunification of East and West Germany was finalized, the Claims Conference was able to achieve in intense negotiations that this legislation included the restitution of Jewish property […]
Recoveries By Claims Conference Successor Organization for Which It Has Received Funds January 1, 1993 – April 30, 2008
This post is for historical informational purposes only. Please do not refer to this post for information pertaining to current Claims Conference programs. Visit What We Do for current program guidelines and information. Thank you. October 12, 2009 Further to a statement issued by the Claims Conference on April 22, 2008, the following is a list of assets […]
