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Permanent Scholarships Created Through a $10,000 Endowment Gift

January 23, 1981
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Permanent scholarships at the University of Oklahoma for Students from Denmark, Finland, Norway and Sweden have be been created in the name of the late Theodore Greenberg through a $100,000 endowment gift to the Thanks to Scandinavia Foundation, it was announced here by the Foundation. The gift was made by his son, Alan Greenberg, general partner and chief executive officer of the Wall Street firm of Bear, Stearns & Company. The late Theodore Greenberg, an Oklahoman, was long active in charitable and educational causes there.

The Thanks to Scandinavia Foundation was created in 1963 to provide educational opportunities in American universities for young Scandinavians, to express appreciation for their countries’ rescue of their Jewish populations during the Holocaust and to perpetuate their example of responsible human conduct at great personal and national risk.

In accepting the gift at a reception given jointly by the four countries’ Consuls General at New York, Foundation president Richard Netter noted that it has expended over $1 million on scholarships since its inception and now seeks to create an equal permanent endowment to perpetuate its work.

Alan Greenberg is a member of the governing council of the Securities Industry Association and the board of governors of the American Stock Exchange. Long active in philanthropy, he has received significant awards from the American Jewish Committee, B’nai B’rith, Federation of Jewish Philanthropies, National Conference of Christians and Jews and the United Jewish Appeal.

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