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November 09, 1990 - Image 120

Resource type:
Text
Publication:
The Detroit Jewish News, 1990-11-09

Disclaimer: Computer generated plain text may have errors. Read more about this.

NEWS

SPEND A SPECIAL WEEKEND
AT
CROSSWINDS MALL

Moonlight Madness Sale

November 9th
6-11 PM.
Shop N Bop to the Sounds of the 50s

• LIVE BAND
• SPECIAL SALES IN EVERY STORE
• FREE POPCORN

While those in need will gain
tremendously from Harry Weinberg's
bequest, Jewish charities will gain the
most.

Michigan Youth Opera Theater
presents
Little Red Riding Hood

November 10th
1 PM.
Bring your kids to see this classic children's story come to life.
• FREE POPCORN
• FREE ADMISSION
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COME SHARE THE FESTIVITIES AT
CROSSWINDS MALL
ORCHARD LAKE ROAD AT LONE PINE
IN WEST BLOOMFIELD

Harmony ORT
presents its

HOLIDAY
ARTS & GIFTS
BAZAAR

Tuesday, November '13
11:00 a.m.-8:00 p.m.

First Center Office Plaza
26913 Northwestern Hwy.
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All proceeds to Womens American CRT, a non-profit charitable organization

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[ Advertising in The Jewish News Gets Results
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-

120 FRIDAY, NOVEMBER 9, 1990

A Tot Of Gold' For
The Jewish Community

IRA RIFKIN

Special to The Jewish News

H

arry Weinberg, the
Baltimore billionaire
who died last Sunday
and left nearly all of his pro-
digious fortune to charity,
was a man who reportedly
once said his autobiography
could begin and end with the
sentence, "Don't trust
nobody."
But in death, a different
Harry Weinberg has taken
center stage. This one
trusted others to distribute
his money wisely.
Mr. Weinberg left about $1
billion to charity, almost his
entire fortune, making the.
Weinberg Foundation the
first billion dollar Jewish
Foundation in the world.
But other than providing the
barest of guidelines, he left
it to trusted family mem-
bers, business associates and
Baltimore Jewish commun-
ity leaders to work out the
details of who will eventual-
ly get what.
One thing appears clear,
however. While those in
need will gain tremendously
from Harry Weinberg's be-
quest, Jewish charities will
undoubtedly gain the most.
A source who was close to
Mr. Weinberg said the
money is- a "blessing . . . a
pot of gold" for Jewish
causes, particularly in
Baltimore, and that as much
as 75 percent of the total
could end up helping Jewish
charitable groups.
As for the vagueness of the
guidelines, Shale D. Stiller,
the prominent Baltimore at-
torney who is legal counsel
to the foundation, said Mr.
Weinberg deliberately left
them loose so spending
priorities might easily shift
in accordance with changes
in community needs.
Mr. Weinberg died in
Honolulu, where he lived
since 1968, following an
eight-year battle with bone
cancer. He was 82. Burial
was Wednesday at
Baltimore's Hebrew Friend-
ship Cemetery, where Mr.
Weinberg owned 72 plots to
insure privacy for his and

Ira Rifkin is assistant editor of
The Baltimore Jewish. Times.

his wife, Jeanette's, final
resting place.
Other than $3 million to
his grandchildren, virtually
all of his fortune was left to
charity. (His one son, Mor-
ton, received nothing, but is
said to have received a large
settlement several years
ago.)
Mr. Weinberg created two
foundations, the Harry and
Jeanette Weinberg Founda-
tion and the Harry
Weinberg Family Founda-
tion.
The first is by far the
largest. In fact, with assets
of between $900 million and
$1 billion, it is now the 11th
largest private foundation in
the United States. It will

Mr. Weinberg left
about $1 billion to
charity, almost his
entire fortune.

distribute at least $45 mill-
ion in grants annually.
Much attention is focusing
on the question of who will
serve as executive director of
the Harry and Jeanette
Weinberg Foundation, a
position that could set the
tone of the charity, whose
direction at this point is less
than clear. The front-runner
appears to be Darrell Fried-
man, president of The Assoc-
iated: Jewish Community
Federation of Baltimore.
Mr. Friedman, who declin-
ed this week to discuss that
possibility, had become a
close friend and confidante of
Mr. Weinberg and was con-
sidered his philanthropic
guide in recent years. In-
deed, many credit Mr.
Friedman with encouraging
Mr. Weinberg to create a
legacy by leaving most of his
money to Jewish causes.
At his death, Mr.
Weinberg was listed as pres-
ident of the Harry Weinberg
Family Foundation. Mr.
Friedman is vice president.
It is believed that an exec-
utive director of the Harry
and Jeanette Weinberg
Foundation may be named
within a few weeks. If Mr.
Friedman is chosen, it is ex-
pected that he will leave his

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