Vol. LXXXVIII No. 15 Omaha, NE
Celebrating 88 Years of Service to Nebraska and Western Iowa
22 Kislev, 5769
December 19, 2008
Livingston Foundation celebrates 60 years of giving generously by SUZANNE RICHARDS SINGER As the Trustees of the Milton S. and Corinne Livingston Foundation look back on its 60-year history, another 60th year observance comes to mind. On the occasion of a testimonial dinner for Milton Livingston’s 60th birthday in 1951, the businessman/civic leader/ philanthropist told a story that had inspired him. It was a tale of the Klondike gold rush and the prospectors who trudged through Alaska’s biting cold and blinding snowstorms in search of the elusive “yellow dust.” Cabins were built at strategic points for their refuge, and outside the cabin was a wood pile to provide logs so the travelers could keep the cabin warm during their stay. There was one unwritten obligation -- each man was expected to replace the logs he had used and then to build the wood pile a little higher than he had found it. Livingston went on to say that “during my life I have tried to emulate those hardy pioneers and build the wood pile just a little higher than it was when I found it.” And indeed he did. Ensures Legacy Continues His generosity during his lifetime was legendary, and to be certain that it would continue into the future he created the Milton S. and Corrine Livingston Foundation in 1948. When he died in
Coming on board the Livingston Foundation earlier this year were Bob Belgrade, seated left, as a trustee, and attorney Howard Epstein, executive director. Other trustees include Jerry Hoberman, standing, Suzanne Richards Singer, Murray Newman and Bob Kully. The Foundation’s newest member is Jennifer Meyerson. 1969, he left the bulk of his estate, approximately four million dollars, to his Foundation. According to Robert Kully, the Livingstons’ great-nephew and President of the Livingston Board of Trustees since 1991, the Foundation has an amazing
Teens win big in Bible Quiz by LOIS EPSTEIN The first place winner in the 23rd Annual Senator Edward Zorinsky B’nai B’rith Bible Quiz Contest was Effie Tsabari, daughter of Eitan and Eadie Tsabari. Held last week in the Jewish Community Center auditorium, it was filled with excited teenagers and adults. Effie, a senior at Westside High School, won a $600 scholarship that can be used for college tuition or an approved trip to Israel or an approved camp or educational program sponsored by a Jewish organization. Coming in second place and winning a $350 scholarship, was Ygal Schuller, son of Dan and Yaffa Schuller. A third place scholarship of $250 was won by Aaron Prulick, son of Ira and Sheila Prulick. Adeev Potash, son of Alan and Amy Potash, came in fourth, winning a $125 scholarship. Continued on page 2
Winners of the 2008 Bible Quiz are: Adeev Potash, left, Effie Tsabari, Ygal Schuller, and Aaron Priluck.
Inside Opinion Page see page 8
history. Well over 12 million dollars has been contributed to philanthropic causes since 1970, the earliest year for which records are available. Livingston was a visionary who saw the need for the Jewish Community Center, located at 20th and Dodge, to move “out
west.” Along with his Foundation, he personally made available to the Jewish Federation a site on 96th and Western. However, in 1971, several years after his death, the JCC building committee felt that the site was too small for the future needs of Omaha’s Jewish community. Knowing how important this move was to Livingston, and wishing to see the project come to fruition, the Foundation then purchased the property on 132nd Street. Creates Challenge Grant In addition to the land, David E. Beber, executive director, announced that “The Livingston Foundation will give a sum equal to 25 percent of all monies contributed by the community at large to construct the JCC building and equip it ... the Trustees make the pledge as a challenge to the community ... we hope this offer will be an incentive to Omaha Jewry ... to prove it wants a new Center.” That challenge resulted in the community reaching its goal, and a gift from the Foundation of $795,500 for the new JCC, in addition to the $317,000 it paid for the land. When an appeal was made in 1998 for the Jewish Community Center’s Campus Building Fund, the Livingston Foundation announced a pledge of $1.5 million for the creation of a permanent endowment fund for the maintenance Continued on page 2
Madoff scandal rocks Jewish philanthropic world by JACOB BERKMAN Madoff as a benefactor, NEW YORK (JTA) -- Tthe announced on its website securities fraud of Bernard Sunday that it would immediMadoff has rocked the Jewish ately need to raise $1.8 million nonprofit world and the to make up for recent losses. worst may be yet to come. Editor’s note: The Jewish Madoff, the founder of Federation Foundation has no Bernard L. Madoff exposure, it was announced at Investment Securities LLC, Monday night’s Federation was arrested Dec. 11 after meeting. admitting to his board that a According to Marty Ricks, hedge fund he ran was essenexecutive director, “Our tially a $50 billion Ponzi Foundation has never invested scheme. any funds with the Madoff At least two foundations firm. Similarly, our investment have been forced to close advisor, Fund Evaluation because they had invested Group of Cincinnati, assures their funds with Madoff. us that none of the 50+ funds The Robert I. Lappin in which our fund managers Foundation in Salem, MA, have invested have any assets announced it would shut with or any other connection down after losing $8 million to Madoff.” - all of its money. The foun- The New York Post did not mince words with its Dec. 16 Madoff served as treasurer of dation’s four staff members cover shot of Bernard Madoff. Yeshiva University and chairwere terminated Dec. 12 and all programs were sus- man of its Sy Syms School of Business until he resigned pended. And the Chais Family Foundation, which gives last week. Another trustee -- philanthropist and investor out some $12.5 million each year to Jewish causes in J. Ezra Merkin, who played a role in managing Y.U. Israel, the former Soviet Union and Eastern Europe, funds -- also stepped down. Though Y.U. chancellor announced its closing Dec. 14. Richard Joel declined to comment, sources close to the At least one nonprofit is calling out for help in the institution say $100 million of Y.U.’s endowment was wake of Madoff’s collapse. The Gift of Life Foundation, invested with Merkin in Madoff funds. a Jewish bone marrow registry that relied heavily on Continued on page 4
This Week: Omahans support Gilad Shalit: Page 3 See Front Page Stories & More at: www.jewishomaha.org, click on ‘Jewish Press’
Press announces holiday closings, new editorial calendar: Page 2
Coming Next Week: Senior Living Figuring out how to celebrate Hanukkah: Page 6
JFS, Temple send delegate to Jewish Deaf Congress: Page 12