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$3,000,000 Left to Charity by Mrs. Warburg; Last Will Made Public

September 23, 1958
See Original Daily Bulletin From This Date
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More than $3,000,000, or approximately one-third of her tentatively estimated gross estate, was left by the late Mrs. Frieda Schiff Warburg to charities, it became known today when her last will was made public. Mrs. Warburg widow of the late Felix M. Warburg, died September 14 at her home at Meadow Farm, New York.

After making specific monetary provisions for her children, grandchildren, great grandchildren, other relatives, friends and household servants, the will provides gifts totalling $470,000 for numerous charitable and educational institutions here and abroad, and in addition leaves the sum of $2,500,000 as well as her home in Palm Beach, Fla., to the Felix M. and Frieda Schiff Warburg Foundation, a charitable corporation created by her and her late husband, which has supported a large variety of philanthropic and educational causes over many years.

The charitable beneficiaries named in the will, other than the Foundation, and the amounts of their legacies, are as follows: Federation of Jewish Philanthropies of New York, $100,000, Joint Distribution Committee, $50, 000; Negro educational welfare and/or service institutions, to be selected by the executors, $50,000; Jewish Theological Seminary of America, $50,000; Hebrew Union College-Jewish Institute of Religion; $25,000; United Hospital Fund, $20,000; Visiting Nurse Service of New York, $20,000.

Also the Hebrew University Association for the use of Hebrew University-Hadassah Medical School, $20,000; American Friends of the Hebrew University, for the general purposes of the Hebrew University, $20,000; America-Israel Cultural Foundation, $20,000; Hadassah, for Youth Aliyah work, $10,000; Young Men’s and Young Women’s Hebrew Association in New York City, $10,000; National Jewish Welfare Board, $10,000; The Solomon and Betty Loeb Memorial Home for Convalescents, formerly at Eastview, Westchester County, $10,000; White Plains Hospital Association, $10,000; and other Westchester County charities to be selected by the executors, $10,000. A number of other organizations received lesser sums.

GAVE SEVERAL MILLION DOLLARS TO INSTITUTIONS DURING HER LIFETIME

Mrs. Warburg’s will also records the following gifts to some of the above institutions made during her life:

1. Endowment fund of $500,000 created by her, known as the Jacob H. Schiff Menorial, the income of which is used for the Visiting Nurse Service of New York.

2. Endowment fund of $500,000 created by her and her late husband for the benefit of Federation of Jewish Philanthropies of New York.

3. Endowment fund of $500,000 created by her and her late husband in the names of his parents, Moritz and Charlotte Warburg, the income of which is used for the benefit of the Institute of Jewish Studies at the Hebrew University.

4. Fund of $100,000 given by her to Hebrew University in memory of her mother Mrs. Jacob H. Schiff.

5. Fund of $100,000 given to the Hebrew University in memory of the late Dr. Judah L. Magnes to provide fellowships enabling students, doctors and research workers resident in Israel to continue their studies and training in other land.

6. Revolving fund of $500,000 given by Mrs. Warburg on her 75th birthday for the erection of housing for immigrants to Israel.

Mrs. Warburg’s lifetime philanthropies have been estimated at several million dollars. Among her recent gifts were a donation to the Metropolitan Opera Association, Inc. for the Lincoln Center Project of $150,000; a fund of $100,000 to be used in the field of geriatrics, of which $50,000 was given to the White Plains-Scarsdale branch of the National Council of Jewish Women for the Senior Citizens Center in White Plains; $30,000 was given to the Educational Alliance for the construction of the Aged. Residents Lodge at the new camp of the Educational Alliance, and $20,000 was given to the Jewish Association for Neighborhood Centers for a Day Center for the Aged.

Mrs. Warburg also recently gave approximately 150 acres of her estate, Woodlands in White Plains, to Union Free School District No. 8 of the Town of Greenburgh, which is already conducting an elementary school on the property. The area is now known as the Werburg Campus. Mrs. Warburg’s home at 1109 Fifth Avenue, New York, had been given to the Jewish Theological Seminary of America for the Jewish Museum.

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