The community committee owned a lot of real estate in Jerusalem. They owned a plot of land at the
Mount of Olives for burial of their members, residential buildings for housing, and shops in Jerusalem. In the
Old City, they included:
Beit Gebul Almana, houses purchased for the poor,
Beit Tamhui,
Talmud Torahs for poor children, and the courtyards around four Sephardic synagogues, one in the name of
Yohanan ben Zakkai, and the
Misgav Ladach. They also owned properties in the New City, such as houses by the Tora sanctuary in
Mishkenot Sha'ananim, as well as many other houses in
Yemin Moshe,
Ibn Israel,
Beit Israel,
Mahane Yehuda,
Zikhron Moshe,
Rehavia,
Shemaa,
Kfar Shiloh, and
Shimon HaTzadik. By the 1930s, about 530 people lived in apartments provided by the council. A large number of wealthy Jews entrusted large endowments to the community board, the largest of which was Sima Balilius of
Calcutta's, who, in 1926, left 80,000
lira to the Yohanan ben Zakkai synagogue, along with dedicated funds for the purchase of four buildings for apartment complexes. Large endowments were also given by
Haim Aharon Valero and Raphael Aharon Gabay, as well as from the Sephardic orphanage of the Borochoff and Wissachharoff families. The Committee continued to manage the Misgav Ladach even after the establishment of the
State of Israel and built a new building for it in
Katamon despite opposition from the
Ministry of Health. It operated as a private hospital without public support. The building was initially built with donations from wealthy Sephardi benefactors, such as Nissim Gaon and Leon Taman. The hospital went into debt and was sold to
Kupat Holim Meuhedet; the liquidation of the hospital lasted many years and a lot of its endowment was sold to recuperate costs. == References ==