Tycoon Harold Grinspoon Vows To Give Away Half His Wealth

Harold Grinspoon, a real estate entrepreneur and philanthropist, signed the Giving Pledge to donate more than half his fortune to charitable causes.

Grinspoon, whose nonprofit foundation funds a range of Jewish causes and organizations, joined the pledge started in 2010 by billionaires Warren Buffet and Bill and Melinda Gates. In 2011, he told The New York Times that he was worth “over $500 million.”

“The sense of mission and accomplishment that I get through my philanthropy energizes me every day,” Grinspoon, 85, said in a statement released Tuesday by the Harold Grinspoon Foundation. “I am honored to join the Giving Pledge and encourage others to join as well.”

In addition to funding half the PJ Library’s budget, the Harold Grinspoon Foundation donates to the Jewish Federations of North America, the Foundation for Jewish Camp, the Birthright Israel Foundation and several other Jewish organizations.

Grinspoon brings the number of Giving Pledge signers to 137, including billionaire Jews such as former New York City Mayor Michael Bloomberg, Facebook founder Mark Zuckerberg and Oracle Corp. founder Larry Ellison.

“In the 21st century, I believe that for Judaism to continue to have an impact on families and society, Jewish living and learning must be actively cultivated,” Grinspoon said in his statement. “That is why I am committing nearly all my assets to my Foundation to pursue this goal.”

Author

Your Comments

The Forward welcomes reader comments in order to promote thoughtful discussion on issues of importance to the Jewish community. All readers can browse the comments, and all Forward subscribers can add to the conversation. In the interest of maintaining a civil forum, The Forward requires 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 and will be deleted. Egregious commenters or repeat offenders will be banned from commenting. 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 Forward reserves the right to remove comments for any reason.

Recommend this article

Tycoon Harold Grinspoon Vows To Give Away Half His Wealth

Thank you!

This article has been sent!

Close