Stichting Individuele Verzekeringsaanspraken Sjoa (SIVS – Holocaust Foundation for Individual Insurance Claims) was founded on 9 November 1999. The purpose of the Foundation is to determine to what extent a person is entitled to a payment in respect of an insurance of an insured person affected by the war who was persecuted for being Jewish. This insurance must have been taken out with an insurer who is a member of the Verbond van Verzekeraars (Dutch Association of Insurers). The purpose of the Foundation is to award someone a payment, depending on the evaluation of the Board of Directors.