All the net proceeds of the concert at Ramat Gan will go to The Fund for Reconciliation Tolerance and Peace, which will in turn make grants to the qualified Palestinian and Israeli peace organizations. The Parents Circle is one such organization, and there are many more.

The Fund is a newly created public benefit corporation formed to support those Palestinian and Israeli peace organizations whose members have paid a price in the conflict and yet remain committed to peace. The Fund obtained its initial funding from Leonard Cohen’s concert.

Robert Kory, Cohen’s manager, elaborates: “Leonard decided that if he was going to play in Israel, he wanted the money to stay here. We’ve met so many Israelis and Palestinians in doing this who are committed to peace.”