The Nownahálán company

The Nownahálán company (literally “saplings”) was a Bahá’í children’s thrift fund created under ‘Abdu’l-Bahá’s approval and blessing in 1917. Established as a non-profit and charitable institution, in 1967 it was composed by 9,000 shareholders with assets amounted to $1,700,000 which were all confiscated by the Islamic revolution. Many Iranian pioneers living overseas relied on the income generated by their savings.

(The Khamsis: A Cradle of True Gold by Boris Handal)

https://bahai-library.com/pdf/h/handal_khamsis_cradle_gold.pdf