A tract of land was purchased with the funds of the American Zion Commonwealth, and Keren Hayesod acquired equipment.[4] The founders were joined by former kibbutz residents, a number of people from the Co-operative in Merhavia, as well as many settlers from Petah Tikva.The houses and dairy barns built with the funds of the Commonwealth were of concrete and had shingled roofs, thus earning the settlers of Balfouria the sobriquet "the millionaires".In 1939, the lands of the moshav were transferred to the Jewish National Fund and leasing agreements were signed with Keren Hayesod.North-east of the moshav are an ancient tell and springs - remnants of the Valley's swamps - that were declared a 45-dunam nature reserve, in 1979.