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— The settlement of a lawsuit focused on control of the San Francisco-area’s $600 million Koret Foundation will result in the founder’s widow and its longtime president leaving the foundation’s board. Under the settlement, Susan Koret, widow of founder Joseph Koret, is retiring from the board immediately. Tad Taube, a foundation trustee for the past 37 years, will retire on…
The longtime president of the Koret Foundation, Tad Taube, is being sued by the widow of foundation founder Joe Koret for treating the institution as his “personal piggy bank.” Susan Koret alleges in a lawsuit filed Tuesday in San Francisco Superior Court that Taube used the San Francisco-based foundation to promote his own causes and…
Jewish philanthropist Tad Taube will be stepping down this year from his longtime post as president of the Koret Foundation. 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…
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