Liberty University in Virginia has announced plans to invest $5 million of its endowment fund in Israel, a show of support for the Jewish State which faces an anti-Semitic campaign to boycott it. Thank Liberty University for standing with Israel!
Liberty University has a long history of supporting Israel and once again it has taken a stance to help Israel fight the anti-Israel boycott movement.
The Universityâs investment in Israel will go to a healthcare fund focused on venture capital that is run by a US manager with an Israeli office, the Richmond Times reported.
âLiberty is glad to be part of supporting the only democracy thatâs a close ally of the United States that is in such turmoil right now,â university president Jerry Falwell Jr. said.
Libertyâs investment committee has approved devoting up to $10 million to $20 million in Israel, dependent upon finding other good such as the defense industry, technology and medicine.
The idea was to rebuke calls for universities to divest from Israel.
Falwell Jr. pointed to what he said was a long history of Liberty University supporting Israel, dating back to his fatherâs time at the helm.
The Liberty student government voted in 2015 to amend its constitution to prohibit legislation that supports âBoycott, Divestment and Sanctionsâ against Israel, according to the university.
The anti-Israel BDS (Boycott, Divestment, Sanctions) movement promotes financial, academic and cultural boycotts against Israel, ostensibly as a nonviolent struggle against the so-called âIsraeli occupation.â
Thank Liberty University for fighting for Israel and standing up to the BDS movement!