Release
UAlbany Center For Jewish
Studies Honors Philanthropist Michael Steinhardt
Contact: Karl Luntta (518) 437-4980
ALBANY, N.Y. (September 17, 2004) -- The University
at Albany will award philanthropist Michael
Steinhardt the Medallion of the University,
the institution's highest honor, at the 2004
Center for Jewish Studies celebration on Sept.
22 at The Riverview in Hastings-on-Hudson, New
York. The award recognizes Steinhardt's distinguished
leadership in the Jewish community, extraordinary
commitment to perpetuating Jewish life and innovative
approaches to education.
UAlbany Interim President John R. Ryan will
present Steinhardt with the Medallion of the
University in recognition of his distinguished
leadership in the Jewish community, extraordinary
commitment to perpetuating Jewish life and innovative
approaches to education.
"Honoring Michael Steinhardt marks an
important moment in the development of the Center
for Jewish Studies at the University at Albany,"
Ryan said. "His interests and passions
bridge the worlds of the private sector and
the study and promotion of Jewish life and culture.
We're pleased to welcome him to the celebration
and to our University community."
"This is a great opportunity to celebrate
one of the most spectacular Jewish leaders of
our day,� said Center for Jewish Studies Director
Mark A. Raider. �Mr. Steinhardt continues the
tradition of philanthropic leadership that has
been a hallmark of American Jewish life since
Jews first set foot on America�s shores 350
years ago.�
"I am delighted to show my support for
the Center for Jewish Studies at UAlbany,� said
Steinhardt. �As the only initiative of its kind
in New York public higher education, the Center
plugs a significant gap in Jewish studies at
the college level. I applaud UAlbany�s leadership
and efforts to make this first-rate Jewish studies
program available to all New Yorkers.�
Steinhardt, who will address the gathering,
will be joined by Israel Singer, chairman of
the World Jewish Congress and chair of the event�s
honorary committee.
A celebrated money manager turned philanthropist,
Steinhardt is dedicated to creating a renaissance
in American Jewish life. After graduating from
the Wharton School of Business in 1960, he began
his financial career as a research associate
and securities analyst. In 1967 he formed the
highly successful hedge fund company Steinhardt
Partners L.P. In 1995, he stunned the financial
world by announcing that he would close the
fund to devote his time and fortune to causes
of the Jewish world.
Today Steinhardt coordinates his philanthropic
activities through numerous initiatives, including
the Jewish Life Network,
which seeks to revitalize American Jewish life
through projects that nurture Jewish identity;
the Partnership for Excellence
in Jewish Education, which expands Jewish
day school opportunities for children in North
America; Makor, a social and cultural center
on New York City�s Upper West Side; Synagogue
Transformation and Renewal (STAR), a
program to help North American synagogues meet
the spiritual, educational and social needs
of every member of the Jewish community; Birthright
Israel, an initiative to ensure all young
Jews a first-time living and learning experience
in Israel; Spark: Partnership
for Service, a national initiative dedicated
to community service and volunteering as an
important expression of Jewish identity; and
the Jewish Early Childhood
Education Partnership, to promote the
importance of high quality Jewish childhood
education. Steinhardt also supports Hillel,
the Foundation for Jewish Campus Life, through
which he created the Steinhardt Jewish Campus
Services Corps, the world�s only paid fellowship
program of young Jews dedicated to one year
of service in the Jewish campus community.
Steinhardt is also the principal supporter
of New York University�s Steinhardt School of
Education. Other recipients of his philanthropy
include the University of Pennsylvania, Brandeis
University, Tel Aviv University, and the Israel
Museum. Steinhardt is a member of the new ownership
group of Israel�s leading bank, Bank Hapoalim,
and is one of the principal investors behind
The New York Sun, New York�s newest daily newspaper.
In 2001, Steinhardt published his memoirs,
No Bull: My Life In and
Out of the Markets (John Wiley &
Sons).
UAlbany, home to 17,000 students, hosts the
ninth largest concentration of Jewish students
on any college campus in the country. The Center
for Jewish Studies draws on an advisory board
comprising Capital Region leaders as well as
alumni and supporters from across the state.
To date, the Center has raised more than $1
million in private sector pledges and gifts
toward its endowment and the establishment of
a new professorship in European Jewish Studies,
with expertise in the Holocaust. The center
is dedicated to establishing the University
at Albany as a flagship of Jewish studies for
public higher education in the Northeast and
the nation.
Past honorees of the Center are Edgar M. Bronfman
Sr., president of the World Jewish Congress;
Itamar Rabinovich, president of Tel Aviv University
and former ambassador from Israel to the United
States; Abe Foxman, national director of the
Anti-Defamation League; and President Aharon
Barak of the Supreme Court of the State of Israel.
Reservations for the ceremony, which includes
a 6 p.m. reception followed by dinner, are available
to the community on a first come, first served
basis. Complimentary bus transportation to and
from the event will originate from the UAlbany
campus. For reservations, schedules and more
information contact Assistant Director Yoel
Hirschfeld of the Center for Jewish Studies,
(518) 591-8514.
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