Koret Foundation Donates Second $1M
to Ralston Hall Renovation
at Notre Dame de Namur University
to Honor Tad Taube
Foundation’s second capstone gift will go to the historic mansion’s renovation
For Immediate Release (4/13/2017)
Belmont, Calif. — Notre Dame de Namur University (NDNU) announced that the Koret Foundation has pledged an additional $1 million for the renovation of Ralston Hall, the campus’ historic administration building and community special event space now closed for seismic retrofitting.
The Koret Foundation’s gift to NDNU is part of its $50 million multiyear initiative to support select universities in the San Francisco Bay Area. The Foundation made the donation in honor of Tad Taube, who is retiring this year as a member of its board of directors. Taube served as president of the Koret Foundation for 32 years and was integral to its success, both in growing its assets and expanding its philanthropic reach. He will now serve as president emeritus.
“This recent gift from the Koret Foundation is the latest generous contribution in its 30-year history of giving to Notre Dame de Namur University,” said President Judith Maxwell Greig of NDNU. “I’m pleased to announce that in honor of this gift, Notre Dame de Namur University will name the beautiful fountain and grounds surrounding historic Ralston Hall for the Koret Foundation.”
“I am grateful to the Koret Foundation for its contribution to the renovation of the iconic Ralston Hall landmark and its grounds,” said the Hon. Tad Taube, founder and chairman of Taube Philanthropies and chair of the Campaign to Save Ralston Hall. “Ralston Hall is one of California’s historic treasures and it’s gratifying to see many organizations coming together to support its preservation.”
“We’re so pleased to contribute to the restoration of the structure and grounds of Ralston Hall, a building of architectural and educational importance, to honor Tad Taube, and to support the mission and vision of Notre Dame de Namur University,” said Dr. Michael J. Boskin, president of the Koret Foundation.
The Koret Foundation’s long history of giving to NDNU includes donations that helped create and name the university’s main outdoor athletic space, the Koret Field, and a previous gift of $1 million to the Ralston Hall restoration campaign. Taube Philanthropies had signaled the commencement of the Ralston Hall restoration campaign, with a challenge grant of $6 million.
Notre Dame de Namur University is a Catholic, not-for-profit, coeducational institution serving approximately 1,700 traditional-aged and adult students from diverse backgrounds. Established in 1851 by the Sisters of Notre Dame de Namur, NDNU maintains a strong commitment to access for diverse populations, academic excellence, social justice and community engagement. The university is fully accredited and offers a rich variety of undergraduate, graduate and credential programs. The historic, 50-acre campus is located on the San Francisco Peninsula in Silicon Valley. For more information, visit www.ndnu.edu.
Dino M. Hernandez, Vice President for Advancement
Notre Dame de Namur University
ABOUT KORET FOUNDATION
Based in San Francisco, the Koret Foundation supports organizations that promote a vibrant and distinctive Bay Area. Koret focuses its giving in two major areas: strengthening the Jewish community in the Bay Area, Israel and Poland, and supporting Bay Area anchor institutions. Since its founding in 1979, Koret has invested nearly $500 million to contribute to a higher quality of civic and Jewish community life. www.koretfoundation.org
ABOUT TAUBE PHILANTHROPIES
For over 30 years, Taube Philanthropies has been a leader in supporting diverse educational, cultural, and community organizations in the San Francisco Bay Area, Poland and Israel. Founded by Tad Taube in 1981, the organization works to ensure that free citizens have the full opportunity for advancement of their goals and dreams. Taube Philanthropies is committed to collaborative giving – enhancing charitable impact through partnerships and active engagement with individual donors, foundations and other charitable organizations. For more information, visit www.taubephilanthropies.org.
ABOUT TAD TAUBE
Tad Taube is one of the Bay Area’s preeminent philanthropists through his establishment and leadership of Taube Philanthropies, of which he is chairman. Committed to strengthening the Bay Area community, he has served as trustee of Notre Dame de Namur University, the University of San Francisco, and his alma mater, Stanford University, where he is founder and advisory board chair of the Taube Center for Jewish Studies, a member of the Board of Overseers of the Hoover Institution, on whose executive committee he continues to serve, was founder and past chairman of the advisory board of the Stanford Institute for Economic Policy Research, and is past chair of the Stanford Athletic Board.
Born in Krakow, Poland, in 1931, Taube has dedicated himself to the revitalization of Jewish life in Poland, including through serving as a distinguished benefactor of POLIN Museum of the History of Polish Jews in Warsaw, which celebrated its grand opening in October 2014, and through his role as San Francisco’s Honorary Consul to Poland. Taube is chairman and founder of the Woodmont Companies, a diversified real estate investment and management organization.
For Taube Philanthropies: Amy Scarlett, Fineman PR; firstname.lastname@example.org; (530) 908-3460.