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Adolph Ochs Increases Hebrew Union College Gift to Half Million

July 5, 1929
See Original Daily Bulletin From This Date

The campaign for a $5,000,000 Endowment Fund for the Hebrew Union College has passed the $4,000,000 mark by the increase of the contribution of Mr. and Mrs. Adolph S. Ochs from $200,000 to $500,000, it was announced here by Dr. Julian Morgenstern, president of the College. The passing of the $4,000,000 mark by July 1, assures the gift of $500,000 made by Julius Rosenwald, on condition that $3,500,000 be raised besides his subscription. Four individual half-million dollar contributions have been received, from Mr. Rosenwald, the Guggenheim family, the Schiff and Warburg family, and Mr. and Mrs. Ochs, all of New York City. The total to date is now $4,119,382.76.

Dr. Morgenstern stated he is confident that the amount still needed to reach the goal of $5,000,000 will soon be forthcoming, as many have promised contributions but have not yet determined the amount.

Mr. Ochs is chairman of the Endowment Fund campaign.

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