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Establish Education Fund for Jewish Students

April 15, 1926
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(Jewish Daily Bulletin)

A gift of $15,000 to the Jewish People’s Institute to be known as the Albert Stein Scholarship Fund for Higher Education, was announced today by Philip A. Seman, general director of the organization. The gift was made by Mr. Stein’s widow and is to be a memorial to the interest he took during his lifetime in social service.

Seven hundred and fifty dollars of the income of the gift will be presented to the Chicago Jewish student found most deserving of the honor. After the scholarship has once been awarded, the student will receive the annuity until he has completed his education, even if it should extend over a longer period than the usual four year college course. The recipient of the scholarship may attend any school in the United States, the only qualification being that the student shall be a resident of Chicago.

The scholarships will be awarded by a committee of five, of which Mr. Seman will be the chairman. The scholarship will be considered to be in the nature of a loan to be repaid within a reasonable number of years after graduation.

The first scholarship will be awarded so that its recipient may start school work this fall.

Work was started yesterday morning on the $200,000 west side branch of the Jewish People’s Institute in Chicago.

The new institution will have an auditorium seating 800, with a well-equipped stage. It will also have a large gymnasium.

The institute will have a swimming pool, 26×60, a billiard room and a library. It will have locker accommodations for approximately 4,000. It will have complete school equipment with chemistry and physics laboratories, a lunchroom and club rooms.

On top of the building will be a roof garden.

The new branch will be opened about April 1, 1927. Jacob M. Loeb is president of the institute.

Plans for the erection of a synagogue were adopted by the officers and the board of directors of the Y. M. H. A. congregation of Galveston, Texas. The synagogue, when completed, will cost in the neighborhood of $40,000.

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