Huge Profits Casts Shadow over Holocaust Survivors Organization
By Christoph Schult and Andreas Wassermann

Through the sale of property Nazis stole from Jews in eastern Germany that was later signed over to the organization, the Jewish Claims Conference has made a profit of about 1.5 billion euros. But not all of that money has been given to Holocaust survivors. Criticism of the powerful organization is growing in Israel and many are calling for greater transparency.

The building at Sophienstrasse 26 is plain and functional. The guard in the lobby and the access control system are the only clues that this building in Frankfurt’s Westend neighborhood houses more than just ordinary offices. In fact, it is the German headquarters of one of the world’s most influential Jewish organizations, the Jewish Claims Conference (JCC).