The Jewish National Fund was founded in 1901 to buy and develop land in Ottoman Palestine (later British Mandate for Palestine, and subsequently Israel and the Palestinian territories) for Jewish settlement. The JNF is a quasi-governmental, non-profit organization. By 2007, it owned 13% of the total land in Israel. Since its inception, the JNF has planted over 240 million trees in Israel. It has also built 180 dams and reservoirs, developed 250,000 acres (1,000 km2) of land and established more than 1,000 parks.
In 2002, the JNF was awarded the Israel Prize for lifetime achievement and special contribution to society and the State of Israel.