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      <GeneralExplanation>
        <Identifier>FORM 990, PART VI, SECTION B, LINE 11</Identifier>
        <Explanation>990 PROVIDED TO APPROPRIATE COMMITTEE FOR REVIEW</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 12C</ReturnReference>
        <Explanation>ALL NEW MEMBERS MUST REPORT POTENTIAL CONFLICTS OF INTEREST WITHIN 60 DAYS OF APPOINTMENT FOR REVIEW BY THE CHAIRPERSON OF THE BOARD AND THE CHAIRPERSON OF THE EXECUTIVE. ALL MEMBERS MUST SUBMIT AN ANNUAL DISCLOSURE STATING COMPLIANCE WITH THE WRITTEN POLICIES.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION B, LINE 15</ReturnReference>
        <Explanation>THIS POLICY ON THE PROCESS FOR DETERMINING COMPENSATION OF THE JEWISH AGENCY FOR ISRAEL (JAFI) APPLIES TO THE FOLLOWING PERSONS EMPLOYED BY JAFI AS PER TWO SEPARATE GROUPS: GROUP 1, THE CHAIRMAN OF THE EXECUTIVE, THE TREASURER, DIRECTOR GENERAL, THE COMPTROLLER. GROUP 2 THE OTHER OFFICERS AND KEY EMPLOYEES , CHIEF FINANCIAL OFFICER, DEPUTY DIRECTOR GENERAL, DIRECTOR GENERALS OF THE OPERATING DEPARTMENTS, ,LEGAL-COUNSEL AND SECRETARY-GENERAL. 1. REVIEW AND APPROVAL POLICY FOR GROUP 1 THE COMPENSATION OF THE PERSON HAS BEEN DETERMINED IN THE PAST AS BEING THE SIMILAR( BUT NOT IDENTICAL)SALARY AS COMPARABLE DEFINED GOVERNMENT OFFICIALS. THE SALARY IS DETERMINED BY A COMPENSATION COORDINATOR WHO IS AN INDEPENDENT PERSON WHO DOES NOT REPORT TO ANY OF THE MEMBERS OF THIS GROUP. POLICY FOR GROUP 2 THE COMPENSATION OF THE PERSON IS APPROVED BY A COMPENSATION COMMITTEE FOR SENIOR OFFICERS HEADED BY THE GENERAL DIRECTOR WHO DOES NOT REPORT TO ANY OF THE MEMBERS OF THIS GROUP. FOR EACH GROUP OF OFFICERS THERE IS A PRE-DEFINED SALARY SCALE .EACH SUCH SENIOR OFFICER SIGNS A PERSONAL AGREEMENT UNDER THE COLLECTIVE AGREEMENT FOR SENIOR OFFICERS. 2. USE OF DATA AS TO COMPARABLE COMPENSATION THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS OR AS DETERMINED. 3. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS OF THE COMPENSATIONS COMMITTEE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>ALL POLICIES ARE AVAILABLE UPON REQUEST</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>FORM 990, PAGE 12, PART XII, LINE 2C</ReturnReference>
        <Explanation>THE ORGANIZATION DID NOT CHANGE THE PROCESS THIS YEAR.</Explanation>
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          <City>JERUSALEM</City>
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          <City>JERUSALEM</City>
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        </AddressForeign>
        <PrimaryActivities>EMPLOYMENT AGENCY</PrimaryActivities>
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          <City>JERUSALEM</City>
          <Country>IS</Country>
        </AddressForeign>
        <PrimaryActivities>PROJECT OUTSOURCING</PrimaryActivities>
        <LegalDomicileForeignCountry>IS</LegalDomicileForeignCountry>
        <TotalIncome>4348000</TotalIncome>
        <EOYAssets>1731000</EOYAssets>
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          <City>TEL AVIV</City>
          <Country>IS</Country>
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        <PrimaryActivities>DEBT COLLECTION</PrimaryActivities>
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        <TotalIncome>3030000</TotalIncome>
        <EOYAssets>3925000</EOYAssets>
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          <AddressLine1>3 HAASKAN STREET JERUSALEM ISRAEL</AddressLine1>
          <City>JERUSALEM</City>
          <Country>IS</Country>
        </AddressForeign>
        <PrimaryActivities>LONG TERM STAY FACILITATOR</PrimaryActivities>
        <LegalDomicileForeignCountry>IS</LegalDomicileForeignCountry>
        <TotalIncome>41555000</TotalIncome>
        <EOYAssets>13116000</EOYAssets>
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        </DirectControllingEntityName>
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        <AddressForeign>
          <AddressLine1>2 PINSKER STREET JERUSALEM ISRAEL</AddressLine1>
          <City>JERUSALEM</City>
          <Country>IS</Country>
        </AddressForeign>
        <PrimaryActivities>RESEARCH INSTITUTE</PrimaryActivities>
        <LegalDomicileForeignCountry>IS</LegalDomicileForeignCountry>
        <TotalIncome>1536000</TotalIncome>
        <EOYAssets>684000</EOYAssets>
        <DirectControllingEntityName>
          <BusinessNameLine1>THE JEWISH AGENCY FOR ISRAEL</BusinessNameLine1>
        </DirectControllingEntityName>
      </Form990ScheduleRPartI>
      <Form990ScheduleRPartI>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>JEWISH AGENCY - AMERICAN SECTION INC</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>633 THIRD AVE - 21ST FLR</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10017</ZIPCode>
        </AddressUS>
        <EIN>131919802</EIN>
        <PrimaryActivities>CULTURE</PrimaryActivities>
        <LegalDomicileState>NY</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>THE JEWISH AGENCY FOR ISRAEL</BusinessNameLine1>
        </DirectControllingEntityName>
      </Form990ScheduleRPartI>
      <Form990ScheduleRPartI>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>JEWISH AGENCY FOR ISRAEL - FRANCE</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressForeign>
          <AddressLine1>140 BOULEVARD MALESHERBES PARIS F</AddressLine1>
          <City>PARIS</City>
          <Country>FR</Country>
        </AddressForeign>
        <PrimaryActivities>CULTURE</PrimaryActivities>
        <LegalDomicileForeignCountry>FR</LegalDomicileForeignCountry>
      </Form990ScheduleRPartI>
      <Form990ScheduleRPartI>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>YOUTH VILLAGE KIRYAT YEARIM LTD (A FOREIGN CORPORATION)</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressForeign>
          <AddressLine1>KIRYAT YEARIM ISRAEL</AddressLine1>
          <City>KIRYAT YEARIM</City>
          <ProvinceOrState>ISRAEL</ProvinceOrState>
          <Country>IS</Country>
        </AddressForeign>
        <PrimaryActivities>YOUTH VILLAGE</PrimaryActivities>
        <LegalDomicileForeignCountry>IS</LegalDomicileForeignCountry>
        <TotalIncome>4384000</TotalIncome>
        <EOYAssets>1629000</EOYAssets>
        <DirectControllingEntityName>
          <BusinessNameLine1>THE JEWISH AGENCY FOR ISRAEL</BusinessNameLine1>
        </DirectControllingEntityName>
      </Form990ScheduleRPartI>
      <Form990ScheduleRPartI>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>DAROMA IDAN HANEGEV (A FOREIGN CORPORATION)</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressForeign>
          <AddressLine1>48 KING GEORGE STREET JERUSALEM I</AddressLine1>
          <City>JERUSALEM</City>
          <ProvinceOrState>ISRAEL</ProvinceOrState>
          <Country>IS</Country>
        </AddressForeign>
        <PrimaryActivities>DORMANT</PrimaryActivities>
        <LegalDomicileForeignCountry>IS</LegalDomicileForeignCountry>
        <TotalIncome>0</TotalIncome>
        <EOYAssets>735000</EOYAssets>
        <DirectControllingEntityName>
          <BusinessNameLine1>THE JEWISH AGENCY FOR ISRAEL</BusinessNameLine1>
        </DirectControllingEntityName>
      </Form990ScheduleRPartI>
      <Form990ScheduleRPartI>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>YOUTH VILLAGE RAMAT HADASSAH SZOLD LTD (FOREIGN CORPORATION)</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressForeign>
          <AddressLine1>KIRYAT TIVON ISRAEL</AddressLine1>
          <City>JERUSALEM</City>
          <ProvinceOrState>ISRAEL</ProvinceOrState>
          <Country>IS</Country>
        </AddressForeign>
        <PrimaryActivities>YOUTH VILLAGE</PrimaryActivities>
        <LegalDomicileForeignCountry>IS</LegalDomicileForeignCountry>
        <TotalIncome>7510000</TotalIncome>
        <EOYAssets>6283000</EOYAssets>
      </Form990ScheduleRPartI>
      <Form990ScheduleRPartI>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>AMIGOUR ASSET MANAGEMENT LTD (FOREIGN CORPORATION)</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressForeign>
          <AddressLine1>12 KAPLAN ST TEL AVIV ISRAEL</AddressLine1>
          <City>TEL AVIV</City>
          <ProvinceOrState>ISRAEL</ProvinceOrState>
          <Country>IS</Country>
        </AddressForeign>
        <EIN>300189203</EIN>
        <PrimaryActivities>SPECIAL HOUSING</PrimaryActivities>
        <LegalDomicileForeignCountry>IS</LegalDomicileForeignCountry>
        <TotalIncome>22473000</TotalIncome>
        <EOYAssets>31000000</EOYAssets>
      </Form990ScheduleRPartI>
      <Form990ScheduleRPartI>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>AMIGOUR 2000 LTD</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressForeign>
          <AddressLine1>12 BET HADFUS JERUSALEM ISRAEL</AddressLine1>
          <City>TEL AVIV</City>
          <ProvinceOrState>ISRAEL</ProvinceOrState>
          <Country>IS</Country>
        </AddressForeign>
        <PrimaryActivities>PROJECTS</PrimaryActivities>
        <LegalDomicileForeignCountry>IS</LegalDomicileForeignCountry>
        <TotalIncome>999000</TotalIncome>
        <EOYAssets>1694000</EOYAssets>
      </Form990ScheduleRPartI>
      <Form990ScheduleRPartI>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>JEWISH AGENCY INTERNATIONAL DEVELOPMENT LLC</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>NEW YORK</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10017</ZIPCode>
        </AddressUS>
        <EIN>300643709</EIN>
        <LegalDomicileState>NY</LegalDomicileState>
        <TotalIncome>0</TotalIncome>
        <EOYAssets>758842</EOYAssets>
        <DirectControllingEntityName>
          <BusinessNameLine1>THE JEWISH AGENCY FOR ISRAEL</BusinessNameLine1>
        </DirectControllingEntityName>
      </Form990ScheduleRPartI>
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>ISRAEL ALIYAH CENTER INC</BusinessNameLine1>
        </NameOfRelatedOrg>
        <AddressUS>
          <AddressLine1>633 THIRD AVE</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10017</ZIPCode>
        </AddressUS>
        <EIN>132548749</EIN>
        <LegalDomicileState>NY</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>100</BusinessNameLine1>
        </DirectControllingEntityName>
        <TypeOfEntity>C</TypeOfEntity>
        <PercentageOwnership>1.00000</PercentageOwnership>
      </Form990ScheduleRPartIV>
      <ReceiptOfIntAnnRentsRoyalties>0</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>0</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>0</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>0</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>0</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>0</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>0</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>0</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>0</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>0</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>0</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>0</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>0</SharingOfFacilities>
      <SharingOfPaidEmployees>0</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>1</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>0</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>0</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>0</OtherTransferFromOtherOrg>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>WORLD ZIONIST ORGANIZATION</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>O</TransactionType>
        <AmountInvolved>22446000</AmountInvolved>
      </TransactionsRelatedOrgsTable>
    </IRS990ScheduleR>
  </ReturnData>
</Return>