National Fund of the Republic of Austria for Victims of National Socialism
Encyclopedia
The National Fund of the Republic of Austria for Victims of National Socialism, , is a fund created by the Republic of Austria
Austria
Austria , officially the Republic of Austria , is a landlocked country of roughly 8.4 million people in Central Europe. It is bordered by the Czech Republic and Germany to the north, Slovakia and Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the...

 to seek to apply restitution for property confiscated by the Nazis during World War II
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...

. The fund was established in 1995.

The fund maintains databases of property, including the Art Database of the National Fund, held in the Wiener Stadtbibliothek
Wiener Stadtbibliothek
The Vienna City and State Library , founded in 1856, is located in the city of Vienna, capital of Austria. It is the official library of the City and State of Vienna and located at City Hall. It preserves 500,000 books, 2,000 newspapers and magazines, 300,000 posters, 500,000 autographs, notable...

.

General Settlement Fund

The General Settlement Fund is constituted to seek to compensate victims of Nazi persecution from all of the persecuted minorities, religious, cultural, ethnic, handicapped, and those who left Austria in order to escape persecution. The claim for compensation passes to the heirs
Beneficiary
A beneficiary in the broadest sense is a natural person or other legal entity who receives money or other benefits from a benefactor. For example: The beneficiary of a life insurance policy, is the person who receives the payment of the amount of insurance after the death of the insured...

of the original victims on their death.

Applications to the General Settlement Fund closed in May 2003. In May 2010 final payments are being received from this fund.

National Fund

The National Fund is different from the General Fund in that it has different eligibility criteria and there is, in January 2009, no deadline for filing applications.
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