Jewish Federation of South Palm Beach Receives $10 Million Gift
The Jewish Federation of South Palm Beach County has announced a $10 million endowment gift from Boca Raton philanthropists and Giving Pledge signatories Toby and Leon Cooperman.
Interest from the gift will support the Federation's new 650,000-square-foot, state-of-the-art continuing care retirement community for four hundred and fifty seniors on 23.5 acres of the 100-acre federation campus and also provide ongoing support to PJ Library of South Palm Beach County. The residence, to be named the Toby and Leon Cooperman Sinai Residences of Boca Raton, provides access to a continuum of care, with two hundred and thirty-four independent living apartment homes, forty-eight assisted living apartments, sixty skilled nursing suites and twenty-four memory support studio suites.
"Toby and Leon's vision and generosity have raised the bar with their shining example of extraordinary compassion and commitment to our Jewish community and our people," said Federation board chair Anne Jacobson. "We are grateful for their confidence in our Federation's thirty-seven-year record of galvanizing this community to provide resources for vital programs and services when and where they are most needed. The Cooperman endowment, through our Jacobson Jewish Community Foundation, will have tremendous impact today, and be part of their legacy for generations to come. We are honored that they have chosen our community as their home."
