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Propose $5,000,000 Louis Marshall Memorial Fund for Theological Seminary

September 26, 1929
See Original Daily Bulletin From This Date
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The offer of $500,000 as an endowment for the Jewish Theological Seminary in memory of the late Louis Marshall was made by Julius Rosenwald with the idea that a considerable sum, say $5,000,000, be contributed by the friends and admirers of Mr. Marshall, who desire to honor his memory. Dr. Cyrus Adler, president of the Seminary, announced. With his well-known feeling aginst permanent endowments, he was of the opinion that a certain portion of the fund raised should be expendable for current important needs, Mr. Rosenwald stated.

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