NET WORTH: Unknown
SOURCE OF WEALTH: Woodmont Companies
JEWISH FUNDING AREAS: Various
OVERVIEW: Giving Pledge signatory Tad Taube moves his philanthropy through several vehicles. His family foundation supports local Bay Area Jewish organizations. The Taube Foundation for Jewish Life & Culture, meanwhile, helps fund outfits around the U.S, Israel and Poland. And Taube is president emeritus of the Koret Foundation, a charity which also supports the Jewish community.
BACKGROUND: Born in Poland, Tad Taube immigrated to the United States in the summer of 1939, just weeks before the outbreak of World War II. He holds B.S. and M.S. degrees from Stanford University. After getting his master's in industrial engineering from Stanford, he joined two Lawrence Livermore National Laboratory physicists to create E-H Research Laboratories. Taube left after the company's IPO and used the proceeds to start his real estate career.
FUNDING PROFILE: Taube and Taube Philanthropies recently gave $15 million to Hebrew Union College-Jewish Institute of Religion, the Reform Movement’s headquarters in Israel to "update, enhance and beautify its Jerusalem campus." This recent gift is Taube Philanthropies’ largest grant ever to a Jewish organization. Taube has been a steady supporter of the Jewish community, experiences which are rooted in part by Taube's own personal story. As Taube explains on his foundation's website: "These philanthropies and their underlying philosophies reflect the experiences of my life, shaped to a large extent by my having had the good fortune to have been an immigrant to the United States from Poland, just weeks ahead of the Nazi terror unleashed on Poland and the world in 1939."
Taube Philanthropies consists of two separate grant-giving foundations:
TAUBE FAMILY FOUNDATION: The Taube Family Foundation (TFF) gives grants in a variety of different areas in the Bay Area. Taube, via this vehicle, and family also support local Jewish organizations. These have included Brandeis Hillel Day School, Chabad of SF, Shalom School, and Jewish Family & Children's Services SF.
TAUBE FOUNDATION FOR JEWISH LIFE & CULTURE: Established in 2003, the Taube Foundation for Jewish Life & Culture "helps ensure the survival of Jewish cultural life in the face of unprecedented global threats to the Jewish people." Core programs supported by the foundation include the Taube Center for Jewish Studies at Taube's alma mater Stanford, and The Taube Koret Campus for Jewish Life. The foundation has in fact supported a range of academic and educational programs, like The David S. Wyman Institute for Holocaust Studies, Graduate Theological Union Center for Jewish Studies, and Tam Institute for Jewish Studies at Emory University.
The foundation has also supported organizations like Addison-Penzak Jewish Community Center of Silicon Valley, Congregation Beth El, Hillel of Silicon Valley, Los Angeles Museum of the Holocaust, and Traveling Jewish Theater. Taube and his foundation is also interested in policy. Some of this work has taken place at the Hoover Institution.
The foundation also supports Israel. Grantees have included American Friends of Koret Israel Economic Development Fund (AFKIEDF), Friends of Israel Initiative, Inc., and Imagination Productions/JerusalemOnlineU.com.
The Taube Foundation for Jewish Life & Culture established the Jewish Heritage Initiative in Poland, which "nurtures the revival of Jewish life in Poland, furthers awareness of this resurgence among Jews and non-Jews, and fosters positive interest in Poland and Polish Jews among Jews worldwide." Some of this work includes collaborative exchanges between colleges and universities around the world.
KORET FOUNDATION: Tad Taube was a longtime friend and business partner of Joseph Koret, and serves as president emeritus of the Koret Foundation. This Bay Area charity also supports the Jewish community. They've combatted antisemitism through grantmaking that recently included a $450,000 grant to UC Berkeley Law for the UC Berkeley Institute for Jewish Law and Israeli Law, Economy and Society. Koret also has a history of supporting a number of Bay Area Jewish community centers.
LOOKING FORWARD: Expect money to continue streaming from Taube's foundations. As he once put it, "I don't view money as an asset to be indefinitely accumulated." This spells good news for grantseekers.