NEW YORK (Aug. 2)
Two of the largest gifts made to date to Bar-llan University in Israel — both by New York businessmen — both earmarked for the university’s new school of economics and business, have been announced.
The donors are S. Daniel Abraham, who made a gift of $2 million, and Jerome Stern, who gave $1 million. They are founding chairmen of the new school which will stress American methods of management and business administration in training future executives and administrators for both the public and private sectors in Israel. University officials said that an additional $500,000 has been raised toward the new school’s $10 million goal. Groundbreaking for the school took place in June on the university campus in Ramat Gan, a Tel Aviv suburb. Construction is expected to be completed by late 1985.