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That makes it one of the top 40 foundations by asset size in the nation, according to Foundation Centers list of the largest grant-making foundations. "[27], On October 25, 2009, Jeffry Picower died at his Palm Beach home. Barbara immediately got the SuperMajority idea because she was already thinking that way., The manner in which JPB backed SuperMajority, in concert with other funders, is illustrative of Picowers highly personalized operating style. Already a member? It also appears to have so far prevented Jeffry Picowers estate from fully endowing The JPB Foundation, meaning hundreds of millions of dollars more could flow to the foundation in the future. The fund is housed at Rockefeller Philanthropy Advisors and has commitments from JPB, Ford, Packard, Schusterman and an anonymous donor, each giving $10 million a year over five years. Bhargava is now a distinguished lecturer of urban studies at the City University of New York and serves on JPBs board. What brought the organizations together was a shared interest in reducing demand for energy and reducing poverty. There is something to be said about achieving whatever you set out to, such as fundraising, but also speaking up when something isn't OK., Its worth keeping in mind that the JPB Foundation is still quite young and it remains a work in progressled by a strong-willed living donor whos shown a willingness to break the mold to achieve impact, but also a keen desire to learn and improve. Mrs. Picower told the operator she was with her housekeeper and that she was putting the operator on speaker phone so that they could try to get her husband out of the pool. The JPB Foundation had $1.1 billion in assets as of the end of 2012, tax records show. [35] Barbara Picower currently serves as the President and Director of the JPB Foundation. [3][4] He was the largest beneficiary of Madoff's Ponzi scheme, and his widow agreed to have his estate settle the claims against it by Madoff trustee Irving Picard for $7.2 billion, the largest single forfeiture in American judicial history. This sounds like it may be heavy-handed, but we appreciate the humbleness of the foundation despite their enormous assets.. Originating and distributing research and knowledge to inform stakeholders actions. Some Madoff investors are continuing to go after her in court, recently filing a lawsuit against Picower in federal court in Florida, claiming that Jeffry Picower controlled the Madoff Ponzi scheme and is responsible for all the $18 billion or so of losses associated with it. Its not that none of the groups had worked together, but our relationships hadnt been deeplimited to specific projects. They added: Certain powerful funders have great things to say about her because she will financially back efforts they want to see thrive.. Picower wasnt new to philanthropy when she started JPB. The foundation's assets were managed by his longtime friend, Bernard Madoff. Barbara Picower President April C. Freilich Chief Operating Officer and Senior Vice President Gerald C. McNamara Chief Investment Officer Dana Bourland Senior Vice President, Environment & Strategic Initiatives Betsy Krebs Vice President, Poverty. . In turn, those directors have a small staffone program officer for each sub-program area, and another senior program executive overseeing the medical research grantmaking. A rescue vehicle's sirens can be heard two minutes and 15 seconds into the call. A legal effort to stop the settlement by some Madoff investors who wanted to sue Picower directly appeared to delay her plans to start a new foundation, but tax records show that by 2011 The JPB Foundation was up and running with a $100 million endowment. Jeffry Picowers net worth at his death in 2011 suggests his estate still has hundreds of millions of dollars left to give to the JPB Foundation. 10/29/09 2:00 pm. Do Not Sell or Share My Personal Information. 24/7 coverage of breaking news and live events. Major support from JPB has also gone for movement-building groups that top foundations often avoid, like the Center for Popular Democracy, the Movement Strategy Center and the Peoples Action Institute. I would love to see more of that among foundations., Betsy Krebs said that, all told, JPB is involved in more than 15 funder collaboratives. The facility, located on Vassar Street near Main Street on the northeast corner of the MIT campus, is made possible with the help of a $50 million gift from the Picower Foundation of Palm Beach, Fla., a private foundation created by Barbara and Jeffry M. Picower. 442 m2 on private land with a sunny deep garden with garden house in the back. For those who do have the opportunity to meet with the JPB Foundation, there are a few basics to know. It is one of the things about JPB that makes us unusual., But Picowers highly personalized leadership style has also attracted criticism. September 10, 2014. God Bless Your Family. Picower's estate will also probably have plenty of money left over to fund a new charitable foundation It appears that Barbara, 67, will resume her life as a philanthropic heavyweight 8 Beds. At the time, it did not seem like Barbara Picower was rushing to hand over $7.2 billion. SuperMajority came out of the priorities and ideas of a group of organizers that have a history of working together, said Poo. 875 Third Avenue, 29th Floor, New York, NY 10022. The 67-year-old former New York attorney was found dead at the bottom of the pool at his oceanside mansion in Palm Beach on Sunday. Soon after the lawsuit was filed, in October 2009, Jeffry Picower died at the age of 67 in the swimming pool of his Palm Beach mansion while Barbara Picower was reading a book nearby. The JPB Foundation has invested in a Blackstone real estate fund, tax records show. Can Nonprofits Convince Them Its Worthwhile? Madoff is a liar and a thief, but he may have also provided Jeffry Picower with one of the largest zero-interest margin loans in history. The JPB Foundation was established in 2011, after Picower and the estate of her late husband, Jeffry Picower, reached a settlement with the U.S. Attorney in Manhattan to benefit the victims of Bernie Madoffs Ponzi scheme by returning $7.2 billion he earned through investments with Madoff. One of Picowers most gratifying efforts in the foundations environment portfolio is a multi-organization initiative called Energy Efficiency for All that she described as a forced marriage between NRDC, National Housing Trust and the Energy Foundation aimed at increasing energy efficiency in low-income communities. The Picower Foundation was forced to close in 2009 after the Madoff scandal broke out. Scaling and replicating. Annual IP membership required. The reports received from some of them showed major issues, but money continues to flow. Barbara Picower runs one of the largest foundations in the U.S. Barbara is the President and Board Chair of the JPB Foundation. Within two weeks, the $125 million deposit had purportedly grown to $164 million because of a dramatic gain on the securities held in the accountall of which supposedly had been purchased three months earlier Five months later, Mr. Picower withdrew his original $125 million, leaving $81 million in the account. Most foundations dont have a living donor who is as involved as I am, Picower said. He and his wife ran the Jeffry M. & Barbara Picower Foundation a not-for-profit foundation with over $614 million assets under management. But JPB is an example of encouraging, not forcing, collaboration. GABRIELLE H. PICOWER; BARBARA : PICOWER, individually and as Executor of the : Estate of Jeffry M. Picower, and as Trustee for the : Picower Foundation and for the Trust f/b/o Gabriel : H. Picower, : : Plaintiffs, : : against : : A & G GOLDMAN PARTNERSHIP; and : PAMELA GOLDMAN : : Defendants. Toward this end, The JPB Foundation directs its giving to three program areas promoting opportunities for people in poverty, advancing medical research, and enabling a healthy environmentin which, through sustained focus over time, it can make a significant difference. The center is scheduled to open in 2005. We view work that supports the grassroots to be one of the best levers for building a just and equitable society, so much so that strengthening the field of environmental justice is now a fourth area of the environmental program.. The meetings are structured so that nonprofit groups really run the show. Authorities say Picower's wife, Barbara, discovered the body. In a New York Times article detailing the settlement, the largest single forfeiture in U.S. judicial history, Barbara Picower said, I am absolutely confident that my husband, Jeffry, was in no way complicit in Madoffs fraud, saying that she intended to use the bulk of her remaining inheritance from him to continue the couples philanthropic work. That has led to more collaboration, without JPB telling the organizations what to do. at a press conference Bharara declined to exonerate, largest zero-interest margin loans in history. She and her house keeper were able to pull the man accused of making more than $7 billion off of the infamous Madoff ponzi schemes from . Encouraging collaboration. But the former JPB employee says that this approach has had downsides. Of course, grantees say nice things because she has so much power over them, but make no mistake, she is the queen and everyone knows she acts like one, that person said. Barbara Picower had agreed in a civil settlement in December to turn over this massive amount of money, but other Madoff investors who had been deemed ineligible to share in the prize had appealed a judges decision to approve the settlement, which barred them from getting a chance to sue Barbara Picower themselves. By registering you agree to the terms and conditions. Barbara Picower President, The JPB Foundation Barbara Picower is the President and Chair of the Board of Directors of The JPB Foundation, a charitable institution founded in 2011 from the proceeds of the estate of her late husband, Jeffry M. Picower. JPB's program areas include poverty, specifically in the areas of health and chronic disease . Gerald McNamara, a former Goldman Sachs managing director who was a trustee of The Picower Foundation when it was investing with Madoff, is chief investment officer of The JPB Foundation. It also has invested in several mutual funds, including the Dodge & Cox International Stock Fund and the TCW Emerging Markets Income Fund. Barbara agreed to forfeit $7.2 billion to help repay victims defrauded by Madoff. However, in 2011, Barbara Picower launched the JPB Foundation using funds that were left from her late husband's estate. Developing effective programs with high potential to expand impact. Guided by our values, JPB utilizes the following to steer our grantmaking: Through its Board of Directors, Advisory Committees, President and Chair Barbara Picower, and dedicated staff, The JPB Foundation works to honor the great philanthropic ambitions of its benefactor, Jeffry M. Picower today and for the future. Barbara Picower is listed as president of the Manhattan-based foundation. She started talking to Cecile Richards. Check out IPs directory of philanthropy and fundraising consultants. JPB pursues a consortium model that it says is an innovative approach to medical research. Browse the listings for your next project. Do you rely on The Times of Israel for accurate and insightful news on Israel and the Jewish world? The Picowers had always been big supporters of cutting edge brain researchJeffry Picower had Parkinsons diseaseand some of the prominent researchers they funded, which included a consortium of labs headed by a Nobel laureate, abandoned government grants all together after receiving the Picowers support. Turn on desktop notifications for breaking stories about interest? [13] Researchers there, led by Kevin J. Tracey, made a potentially valuable discovery, with possible applications in the treatment of rheumatoid arthritis, Crohn's disease, and multiple sclerosis. You may opt-out by, Why Canadians Are Buying Up U.S. Utilities, Security Deals Generating High Interest--And Multiples, Growth, Infrastructure Challenges Set Stage For Fewer, Larger US Utilities, Little Hope For IPO Recovery In First Quarter, Robo Advisors A Hot Ticket As Rules Change. But, then a lawsuit filed on behalf of Madoff victims asserted that Jeffry knew or should have known about the fraud, The New York Times reported in 2009. A Contact Us link leads to a page with the street address in Manhattan, and in any case, discourages grantseekers from getting in touch: We do not accept unsolicited proposals.. On September 22, 2022 we will celebrate the 20th anniversary of The Picower Institute for Learning and Memory with an Exhibition Symposium a day-long hybrid event highlighting "Two Decades of Discovery & Impact" since the launch of the Institute by a transformational gift from Barbara . Friehling faced a maximum sentence of 114 years in prison, but unlike Madoff has agreed to cooperate with the government. Supporting bottom-up efforts to catalyze change is one key to JPBs approach, including a $250-milion collaboration on gender equity. Asia Pacific +65 6212 1000. [12], After Physician Computer Network, Inc., went bankrupt, Picower, the chairman of the board and 45% shareholder, had to give $21 million to other shareholders in 2000[12] after it was discovered that company executives had falsified financial statements. "Barbara Picower has done the right thing," Bharara said. Bob Greenstein, president of the Center on Budget and Policy Priorities, said, Barbara started with a question about whether the organizations respective state offices could find opportunities to collaborate. JPB and Packard share a lot of grantees, such as CBPP and Planned Parenthood. On the environment, I had been blind to many of the connections between poverty and the environment. Last month Barbara Picower, the widow of the biggest beneficiary of the Madoff Ponzi scheme, was said to be upset because the transfer of $7.2 billion she had agreed to fork over to some of Madoffs victims had been delayed. [12], In 1991, Picower and Anthony Cerami established a charity, the Picower Institute for Medical Research,[12] with an initial endowment of $10 million. The house on the Fairfield estate can`t be seen from the road, though a smaller stone cottage is visible. [16], Alaris Medical Systems, 65% owned by Picower, was taken over by Cardinal Health in 2004 for $1.6 billion. Forbes reported in 2014 that tax records for the JPB Foundation, which Barbara founded in 2011, showed that $1.2 billion in contributions came from the Jeffry Picower estate. She said JPB aims to be different. Residential Address: Palm Beach, Fl. The lawsuit brought by the bankruptcy trustee named Picower, his wife Barbara and the Picower Foundation, which gave generously to charities. Are Grantees Getting Fed Up. When Irving Picard, the court-appointed trustee of Madoffs bogus investment firm, sued Jeffry and Barbara Picower in 2009 demanding the return of $7.2 billion of withdrawals alleging they knew or should have known about the fraud, the Picowers showed little urgency to get the victims this money. The foundation primarily focuses on education. Irving Picard, the trustee of Madoffs bogus investment firm, sued Jeffry Picower in 2009 to retrieve the $7.2 billion in distributions he received from Bernard L. Madoff Investment Securities, saying that Jeffry Picower knew or should have known he was profiting from a massive fraud. 2,842 sqft lot. "Barbara Picower has done the right thing," said Preet Bharara, the top federal prosecutor in Manhattan, who is investigating Madoff accomplices. To advance opportunity in the United States through transformational initiatives that empower those living in poverty, enrich and sustain our environment, and enable pioneering medical research. In what has been called the largest such forfeiture in U.S. history, the estate of Palm Beach resident Jeffry M. Picower will return more than $7 billion to settle claims related to Picower's . Explore GrantFinder, a powerful resource for IP subscribers. They expanded too far too fast, and it seems to render them unable to perform at a larger scale. And they have deep respect for people on the ground.. The charity foundation was established in 2011 with $1.2 billion in contributions from her late husband's estate, Jeffry Picower. The Trust for Public Land honored Barbara Picower, President of The JPB Foundation, at its 2018 Gala hosted by Eva and Alexander Durst of the Durst Organization and Dan and Sheryl Tishman of the Dan and Sheryl Tishman Family Foundation Wednesday, November 14 in Manhattan. Forbes, which listed Picower at no. In addition to medical research, the JPB Foundation is focusing on poverty and the environment. Picower's wife, Barbara, and the family's housekeeper found Picower's body at the bottom of the pool at their home on South Ocean Boulevard, Palm Beach police said. Of course, many nonprofit leaders are keen to connect with this deep-pocketed foundation. Lifting the Curtain on Philanthropy Advising, "It's a False Dichotomy." Foundations May Be Backsliding on COVID-Era Flexibility. Krebs, who leads the foundations work on poverty, says that listening to the people were trying to help is a core method of learning about the subject area. Its top grantee in this program, the Center for Community Change, is well-known for its deep ties to frontline advocates and practitioners, and JPB has worked closely with the organization in developing its poverty portfolio. (Data from Candid shows that CCC has received at least $40 million from JPB.) For a long time, philanthropy wrote a check and said best of luck, Picower told me. The Palm Beach Police Department just released the tape of the call that was placed around noon on Sunday. Barbara Picower, President and Chair, JPB Foundation. [9][32] "Barbara Picower has done the right thing," US Attorney Preet Bharara said. After about two minutes on the phone the operator asks for Mrs. Picower, but there is no answer. [28] According to the Palm Beach Police Department, "An autopsy of the body of Jeffry M. Picower was performed this morning. The figure is the difference between the amount of cash that the Jewish investor put into his account with Madoff and the amount he withdrew. But William Zabel, the Picower family lawyer and executor of Jeffry Picowers estate, said there would be enough money to establish the charitable foundation headed by Barbara Picower regardless of the settlement with the Madoff trustee. Under the scheme, Madoff never invested his clients money as he was supposed to. I don't know how you make impact if youre trying to give out a thousand grants a year. Eventually, they really got into it. Barbara Picower is listed as president of the Manhattan-based foundation. Said the former JPB employee: My biggest sadness about working there was watching people in the nonprofit, political and philanthropic worlds, people I greatly admire for their work, genuflect to her and not say anything to her when witnessing her treating people so awfully. One of the earliest and largest beneficiaries of that fund is SuperMajority, led by Cecile Richards, Ai-Jen Poo of the National Domestic Workers Alliance (NDWA), and Alicia Garza of Black Lives Matter and Black Futures Lab. Paul Greengard, a professor at Rockefeller Univeristy who won the Nobel Prize for physiology or medicine in 2000, is on the JPB Foundations advisory board. With nearly $4.4 billion in assets, it is among the 25 largest foundations in the nation, and yet it is largely unknown in nonprofit circles. Its the appeal, according to Barbara Picowers camp, that has delayed plans to distribute the Picower cash to some of the victims. In 2009, Jeffrey was found dead in the swimming pool at his Palm Beach, Fla., mansion. In its poverty program area, the foundation maintains three sub-program areaseconomic justice, health equity, and democracy. While clearly moving on, Picower is not quite finished with the Madoff fight. [17][23] However, the Picower Foundation was forced to close in 2009 due to losses arising from the uncovering of Madoff's Ponzi scheme. JBPs website is sparse, lacking detailed information about grantees or grant amounts. Our Standards: The Thomson Reuters Trust Principles. About this event. Thank you, David Horovitz, Founding Editor of The Times of Israel, 2023 The Times of Israel , All Rights Reserved, Former financier Bernard Madoff exits Federal Court in Manhattan, New York on March 10, 2009. . For as little as $6 a month you can help support our quality journalism while enjoying The Times of Israel AD-FREE, as well as accessing exclusive content available only to Times of Israel Community members. In making large grants to grassroots groups, Picower is willing to go where many living donors wont. ", "Foundations' founder yet to donate $67-million", "Complex web benefits foundation founder", "Foundation That Relied on Madoff Fund Closes", Picowers Madoff Take Now Estimated to Be $7.2 Billion ProPublica, "Charity Picower says closes from Madoff losses", "Madoff Client Jeffry Picower Netted $5 BillionLikely More Than Madoff Himself", "Lawsuit claims Picower profits from Madoff $5 billion", "Billions Withdrawn Before Madoff Arrest", "Trustee Cites 2003 Problem in Madoff Account", "Picower, Sued by Madoff Trustee, Died of Heart Attack (Update2)", "Death of Jeffry M. Picower Ruled Accidental Drowning", "Jeffry Picower laid to rest at Long Island cemetery", "Madoff Trustee Gets 'game Changing' 7.2 Billion Settlement" - NECN, "ORDER PURSUANT TO SECTION 105(a) OF THE BANKRUPTCY CODE AND RULES 2002 AND 9019 OF THE FEDERAL RULES OF BANKRUPTCY PROCEDURE APPROVING AN AGREEMENT BY AND AMONG THE TRUSTEE AND THE PICOWER BLMIS ACCOUNT HOLDERS AND ISSUING A PERMANENT INJUNCTION", "Barbara Picower Is Back In Business As One Of The Nation's Top Philanthropists", "Foundation Stats: Guide to the Foundation Center's Research Database - Foundation Center", https://en.wikipedia.org/w/index.php?title=Jeffry_Picower&oldid=1139770059, This page was last edited on 16 February 2023, at 20:31. Barbara Picower appears to have resumed supporting some of the nations top brain researchers by building consortiums of scientists who agree to collaborate together on their research. Want to get inside funders' heads? Barbara is president and chair of the board of directors of The JPB Foundation. EFFA is now operating in 12 states and with a flourishing social impact network comprised of over 300 organizations., Shelley Poticha, a managing director at NRDC, confirmed Picowers telling of the collaboratives strained start. Picower was being sued for the $7.2 billion -- $2 billion more than the trustee in the case demanded in May. Support. The Ford Foundation has been an especially important partner. What Can We Learn from That Surprise $100 Million Gift to the San Diego Foundation? The theme of the Gala was the Trust for Public Land's 10-Minute Walk . That can feel risky in front of donors, but she has the ability to set an expectation for safety, honesty and directness because she is not micromanaging. Picower's wife Barbara told dispatchers she found him "at the bottom of their swimming pool" at their oceanfront estate shortly after noon. Homes - Celebrity - Business, Homes - Celebrity - Former Dear Barbara and Bree, We're grateful to have a way to tell you that we love you both and are so, so . After Jeffry died, he left Barbara $200 million, Reuters reported in 2009. Four years ago the estate of Jeffrey Picower agreed to return $7.2 billion to Madoffs victims. @ 26.66689543, -80.03725121 Palm Beach, Florida (FL), US The former New York lawyer and accountant owned this house. Sign in to stop seeing this, Texan who posed as Hasidic Jew and adopted 9 boys charged with sexually abusing kids, Soldiers, Israeli peace activists clash as army blocks solidarity march to Huwara, In apparent gesture to Netanyahu, Orban to move Hungarys embassy to Jerusalem, Brides joy turns to sorrow after Elan Ganeles killed driving to her wedding. [3] [4] He was the largest beneficiary of Madoff's Ponzi scheme, and his widow agreed to have his estate settle the claims against it by Madoff trustee Irving Picard for $7.2 billion, the largest . Four years ago the estate of Jeffrey Picower agreed to return $7.2 billion to Madoff's victims. For some field-building efforts, JPB is the sole funder; for others, were working as part of a larger collaborative.. Blackstone Group. The JPB Foundation, created in 2011 with an endowment bequeathed by Jeffry M. Picower, and led by Barbara Picower as President and Chair, sustains the philanthropic spirit that animated Jeffry and Barbara's history of giving. It would have been impossible for Madoff to find enough cash to completely redeem his multi-billion-dollar account. Barbara Picower is an American business executive who serves as the President of The JPB Foundation. Barbara Picower was slated to get $200 million, her only child was to get $25 million, and Jeffry Picowers longtime business assistant, April Freilich, was supposed to get $13.5 million. Our work with CCC led to new partnerships, for example, with National Employment Law Project to build economic opportunity for low-wage workers, Krebs said. To provide vital guidance to JPBs leadership as the Foundation implements, evaluates and expands its programs, in 2018 JPB invited national experts to a new joint Advisory Committee for the Poverty and Environment Programs. She told the medical examiner it was only when she looked up from her reading that she saw her husband on the bottom of the pool. Questioning Perpetuity and Spend Down with Clara Miller, Here Are the Top Philanthropy Stories We're Following in 2023, In a Time of Crisis, Giving With Intention Means Relying on Good Information, This Community Foundation Went All In on Trust-Based Philanthropy. Its not that we dont tell people what we do, its just that we dont want it to be about us, we want it to be about what we do, Picower said. Freilich is the treasurer of The JPB Foundation, and one of its four trustees is William Zabel, the longtime lawyer for the Picowers who is a founding partner of the big law firm Schulte Roth & Zabel. Barbara Picower's Address & Maps. [31], In 2011, Barbara Picower resumed her philanthropic activities, setting up a new foundation called the JPB Foundation with assets that remained from Jeffry Picower's estate following the legal settlement. The JPB Foundations mission statement is to enhance the quality of life in the United States through transformational initiatives that promote the health of our communities by creating opportunities for those living in poverty, enabling pioneering medical research, and enriching and sustaining our environment. Picower did not respond to a request for comment. In less than a decade, JPB has carved out a unique role for itself in two grantmaking fields, poverty and the environment, that are crowded with other funders. You Cant Pigeon-Hole JPBs Approach to Any of its Issues. 3.67K subscribers Barbara Picower is president of the JPB Foundation The JPB Foundation's mission is to enhance the quality of life in the United States by supporting transformational. When Picower decided to create the JPB Foundation, set to launch with a multi-billion-dollar endowment, she turned to the Bridgespan Group to help her map out an ambitious grantmaking agenda, working with the consulting firm for about a year. Offers may be subject to change without notice. He married Barbara Rubin in 1968, in Manhattan, New York City, New York, United States. Picower's wife, Barbara, who received $200 million in cash in a will dated Oct. 15, wants to "reach promptly a fair and generous settlement with the Madoff trustee," she said in a statement . The Picower Foundation for years had its assets invested in Bernard L. Madoff Investment Securities. This was the first indication that Barbara Picower felt any sort of urgency to get the $7.2 billion to some of the investors from whom Bernard Madoff had stolen the money. Zabel was also a trustee of the Picower Foundation.. This unique canal house, a national monument from 1670, is located in a central. Barbara has been passionate about womens equality for a long time, and poverty, and has been funding NDWA for years. Jeffrey Picower, whose foundation gave to Jewish causes before it was wiped out by the revelation of Madoffs fraud, was found dead of a heart attack in his swimming pool in October 2009. He died on 25 October 2009, in Palm Beach, Florida, United States, at the age of 67, and was buried in Mount . It also will. In less than a decade, Picower has built up JPB into a grantmaking powerhouse that will give away $260 million this year and that takes a hands-on approach to achieving impact in issues areas known for their complexity. The figure is the. For now, the litigation has prevented both Picard and the government from fully distributing the $7.2 billion they obtained in the Picower settlement to some Madoff victims. Click the link in that email to complete registration so you can comment. Under the new name the Picower Institute for Learning and Memory, faculty staff and students take up residence in the new 411,000-square-foot Brain and Cognitive Sciences complex at the northeast corner of the MIT campusthe world's largest neuroscience research center to date. The affordable housing market hadnt been a strong focus for NRDC. Barbara Picower executive at THE JPB FOUNDATION New York, New York, United States Jeffry Picowers will, which was changed ten days before his death, calls for his estate to give everything in excess of $250 million to a new tax-exempt foundation that will support medical research and other charitable purposes.
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