David Wissotzky, son of the founder of the Wissotzky Tea Company, Kalonimus Ze’ev Wissotzky, donated 100,000 rubles from a special fund he established to create an educational institution in memory of his father. This fund was later used for the establishment of the Technion. He committed to donate an additional 100,000 rubles after five years. Ahad Ha’am, who was a friend of Kalonimus Wissotzky, was involved in the negotiations and managed to include a clause in the agreement ensuring the institution’s Jewish character.