Neve was founded in 1970 by Rabbi Dovid Refson, the British-born alumnus of the Gateshead Yeshiva and Yeshivas Knesses Chizkiyahu. After his marriage, he entered the kollel at the Harry Fischel Institute in Jerusalem and began delivering "shiurim" to American students. Deciding to open his own yeshiva, he placed an advertisement in "The Jerusalem Post" and was surprised when three young women showed up. "I thought yeshivah meant for boys, but apparently, in some places, yeshivah can mean a girls' school as well", he said. The staff "adapted" to the new reality, and Neve was born. Soon after, Rabbi Moshe Chalkowski came on board as principal.