A Gift That Won’t Run Dry

Ben-Gurion University announced a $400 million gift from the Dr. Howard and Lottie Marcus estate.  Their legacy gift is believed to be the largest bequest for an Israeli university and the largest donation ever made to any Israeli institution. The funds from the former San Diego residents will be used to establish a permanent Ben-Gurion of the Negev endowment, more than doubling the size of its current portfolio.   The Marcuses were refugees from Hitler’s Europe and early investors with Warren Buffett, of Berkshire Hathaway fame. (Source: Wall Street Journal, Seth M. Siegel, June 23, 2016)

Leave a reply