A Jewish professor at Columbia University announced last night that he would leave as a bequest to the school a $500, 000 fortune which he had amassed by investing fees he received while working as a professional consultant in addition to his teaching duties. Dr. Abraham Taub, head of the pharmaceutical chemistry division at Columbia’s College of Pharmacy, unexpectedly announced the bequest at an alumni dinner in his honor.
Dr. Taub said that 20 years ago he decided to invest as a gift for the school his part-time consultant’s earnings. He estimated that the fund, which today totals about $500, 000, would amount to $1, 000, 000 in 10 to 20 years. “I knew the school could use assistance, and I felt there were better things I could do with my money than spend it,” he declared.
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