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Richard and Rhoda Goldman Fund to close in two years


URL: http://www.jewishjournal.com/nation/article/richard_and_rhoda_goldman_fund_to_close_in_two_years_20110120

One of the country’s largest Jewish foundations will close in two years and its assets will be divided among the foundations of its founder’s heirs. The San Francisco-based Richard and Rhoda Goldman Fund, which has about $280 million in assets, will close at the end of 2012, according to the San Francisco Chronicle. The 60-year-old foundation will continue to make grants until then, but after the end of next year its assets will be divided among the philanthropies of John and Douglas Goldman and their sister, Susan Gelman, the heirs of Richard Goldman, who died at 90 in 2010. Rhoda Goldman died in 1996.

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