Yeshiva University Gets A Big Gift From a Couple Keen On Jewish Education

Yeshiva University in New York recently received a $25 million gift from couple Mordecai and Monique Katz to launch The Mordecai D. and Monique C. Katz School of Graduate and Professional Studies. The Katz School will offer a range of degrees in fields including marketing, data science, and cybersecurity. Programs will involve both face-to-face and online learning options.

Mordecai Katz is a former aerospace executive and Monique is a retired radiologist and graduate of the Yeshiva University-affiliated Albert Einstein College of Medicine. Mordecai is a vice chairman of Yeshiva's board of trustees and Monique serves as vice chairman of Yeshiva's Stern College for Women. These board memberships at are part of a larger commitment by this couple to Jewish institutions, particularly Jewish academic institutions, both in the United States and abroad in Israel.

Recent grantmaking out of the couple's M. D. Katz Foundation primarily involves Jewish outfits. In the 2015 tax year, Yeshiva University received a grant of over $2 million from the couple via their foundation.  Bar-Ilan University, the second largest institution of higher learning in Israel, is another important grantee. Mordecai chairs the board of Bar-Ilan and received an honorary degree from the school. The unversity received more than $500,000 from the couple in a recent fiscal year. The school recently completed the Mordecai and Monique Katz Interdisciplinary Studies Building on its new North campus. The couple's philanthropy also helped bring about the Mordecai and Monique Katz Information Technology Building.

Other Katz Foundation grantees include Frisch Yeshiva High School in Paramus, New Jersey, SAR Academy Scholarship Fund, and Beit Rabban Day School, among others. SAR Academy is a school in Riverdale, New York.

Given this philanthropic history, their large $25 million to Yeshiva University, the "oldest and most comprehensive educational institution under Jewish auspices in America," makes sense. Billionaire David Gottesman and family are another important patron of Yeshiva. This support is especially critical, as in recent years the university has been in fiscal trouble.

Related: The Gottesmans: A Billionaire Family That Supports Jewish Orgs