Friday, July 25, 2014
Alan "Ace" Greenberg, Leading NY Philanthropist, UJA-Federation of New York Supporter, Dies
Alan “Ace” Greenberg, the former head of Bear Stearns, who raised hundreds of millions for the UJA-Federation of New York over his decades of involvement with the organization, and who instilled the importance of giving to charity in his employees, died Friday at age 86.
“There’s probably no single philanthropist who was more closely identified with UJA-Federation than Ace,” said Eric S. Goldstein, CEO of UJA-Federation of New York. “He was a philanthropic giant for us who through force of personality and conviction inspired people to give incredibly generously.”
Greenberg's philanthropy also extended to the office, where senior managing directors at Bear Stearns were required to donate 4 percent of their after-tax compensation to any philanthropic organizations of their choice....