Tad Taube To Step Down From Koret Foundation

Philanthropist Leaves After 3 Decades at Helm


Published March 24, 2014.
  • Print
  • Share Share

Jewish philanthropist Tad Taube will be stepping down this year from his longtime post as president of the Koret Foundation.

Tad Taube
Tad Taube

Taube, who has been Koret’s president since 1982, announced last week that he will not run for re-election when his current term expires in June. But he will stay on until a new president is chosen sometime before the end of the year, and afterward will remain on the board of the San Francisco-based foundation.

The search for a new president will begin right away. Taube said his successor likely will be chosen from among current board members but would not speculate on who might succeed him.

“My involvement as president of the Koret Foundation has consumed huge amounts of my time in the public arena,” Taube told J. “Because I serve as the representative of the foundation in the global community, I have to make myself available at events for organizations we support, and offer access for organizations seeking Koret support. It’s the hidden part of my responsibility and it takes the lion’s share of time.”

This is not retirement for Taube. He continues to preside over the Taube Family Foundation and the Taube Foundation for Jewish Life and Culture, the principal private funder of the new Museum of the History of Polish Jews. The Warsaw museum is set to open to the public in October. That museum and the mission to revive Jewish life in Poland are a burning passion for Taube.

“The museum is probably the most important Jewish project in the world today,” Taube said. “It’s a landmark of Jewish history, culture and the contributions of the Jewish people to Western culture. It is definitely for me my most important legacy.”

Taube also presides over a donor-advised fund at his alma mater, Stanford University; the fund has built many institutions on that campus over the years, including the Taube Center for Jewish Studies. He also has interests in professional and collegiate sports, as well as in mentoring Silicon Valley biotech start-ups.

The Koret Foundation, launched by its founders Joseph and Stephanie Koret, has an endowment of nearly $500 million. With Joseph Koret’s death in 1982, Taube assumed the presidency of the foundation. Over the years, the foundation has donated $500 million to a variety of causes, including efforts to improve civic, academic and Jewish life in the Bay Area, Israel, Poland and beyond, including major funding for the Taube Koret Campus for Jewish Life in Palo Alto.

“I’ve known Tad for many years and watched him take more and more opportunities to do good,” said Bay Area philanthropist Roselyne “Cissie” Swig, who will join Taube at the grand opening of the Warsaw museum this fall. “His accomplishments are a great addition to this community. Wherever you look, he left his mark, and those marks are very sustainable. Even though he is stepping down his imprimatur will not be gone.”

The Jewish Daily Forward welcomes reader comments in order to promote thoughtful discussion on issues of importance to the Jewish community. In the interest of maintaining a civil forum, The Jewish Daily Forwardrequires that all commenters be appropriately respectful toward our writers, other commenters and the subjects of the articles. Vigorous debate and reasoned critique are welcome; name-calling and personal invective are not. While we generally do not seek to edit or actively moderate comments, our spam filter prevents most links and certain key words from being posted and The Jewish Daily Forward reserves the right to remove comments for any reason.

Find us on Facebook!
  • The Workmen's Circle is hosting New York’s first Jewish street fair on Sunday. Bring on the nouveau deli!
  • Novelist Sayed Kashua finds it hard to write about the heartbreak of Gaza from the plush confines of Debra Winger's Manhattan pad. Tough to argue with that, whichever side of the conflict you are on.
  • "I’ve never bought illegal drugs, but I imagine a small-time drug deal to feel a bit like buying hummus underground in Brooklyn."
  • We try to show things that get less exposed to the public here. We don’t look to document things that are nice or that people would like. We don’t try to show this place as a beautiful place.”
  • A new Gallup poll shows that only 25% of Americans under 35 support the war in #Gaza. Does this statistic worry you?
  • “You will stomp us into the dirt,” is how her mother responded to Anya Ulinich’s new tragicomic graphic novel. Paul Berger has a more open view of ‘Lena Finkle’s Magic Barrel." What do you think?
  • PHOTOS: Hundreds of protesters marched through lower Manhattan yesterday demanding an end to American support for Israel’s operation in #Gaza.
  • Does #Hamas have to lose for there to be peace? Read the latest analysis by J.J. Goldberg.
  • This is what the rockets over Israel and Gaza look like from space:
  • "Israel should not let captives languish or corpses rot. It should do everything in its power to recover people and bodies. Jewish law places a premium on pidyon shvuyim, “the redemption of captives,” and proper burial. But not when the price will lead to more death and more kidnappings." Do you agree?
  • Slate.com's Allison Benedikt wrote that Taglit-Birthright Israel is partly to blame for the death of American IDF volunteer Max Steinberg. This is why she's wrong:
  • Israeli soldiers want you to buy them socks. And snacks. And backpacks. And underwear. And pizza. So claim dozens of fundraising campaigns launched by American Jewish and Israeli charities since the start of the current wave of crisis and conflict in Israel and Gaza.
  • The sign reads: “Dogs are allowed in this establishment but Zionists are not under any circumstances.”
  • Is Twitter Israel's new worst enemy?
  • More than 50 former Israeli soldiers have refused to serve in the current ground operation in #Gaza.
  • from-cache

Would you like to receive updates about new stories?

We will not share your e-mail address or other personal information.

Already subscribed? Manage your subscription.