The Philanthropist Behind PJ Library
Harold Grinspoon (Credit: Robert Charles Photography)
Harold Grinspoon (b. 1929) was born and raised in Newton, Massachusetts to a family of Jewish-Russian immigrants. He had a difficult childhood, struggling with dyslexia and rampant anti-Semitism, poverty, and losing his father at 19. While a student at Marlboro College, he had his first business idea: Putting together some meagre savings, he bought an old laundry machine and put it in the college dorm, charging 25 cents per load. Meanwhile, he worked on an ice cream truck and soon left school to manage a whole fleet of them. After serving in the Navy, Grinspoon bought his first property in 1959. He renovated it and rented out one of the units, and from there steadily built his real estate development business. He founded Aspen Square Management, now one of America’s top-50 private developers, with 15,000 apartments across 16 states. When diagnosed with cancer at age 59, Grinspoon realized he wanted to do something more meaningful with his life. He was particularly troubled by Jewish assimilation and intermarriage. Together with his wife, he founded the Harold Grinspoon Foundation to fund a variety of Jewish causes, and has since donated over $200 million. At one Passover seder, Grinspoon saw how excited his grandkids were to read Jewish books, and came up with the idea of sending a free Jewish book once a month to every Jewish home. Thus, in 2005 he launched PJ Library. Today, PJ Library operates around the world, delivering nearly 1 million free books each month to kids in some 30 countries. PJ Library also delivers popular Arabic-language books to Arab Israeli children. (It’s the largest Arabic book program in the world!) Meanwhile, PJ Library runs weekend and after-school programs, along with over 3000 events a year. The Harold Grinspoon Foundation funds other Jewish programs, too, including Jewish camps and day schools. In 2015, Grinspoon signed The Giving Pledge to donate more than half of his wealth. Grinspoon and his PJ Library have won a number of prestigious awards, including one from the Library of Congress. Grinspoon has been called “the most important Jewish philanthropist you’ve never heard of”. He is also an avid artist and sculptor, and is still very active at 92 years old. Sign up to PJ Library here!
Words of the Week
We are indignant when we are fooled by others but live comfortably with our unconscious desire for self-deceit.
– Rabbi Abraham Joshua Heschel
Philippe Kahn (b. 1952) was born in Paris, France to Jewish immigrants from Eastern Europe. His mother fought alongside the French in World War II (with the rank of lieutenant), and went on to survive Auschwitz. Kahn studied in Zurich and Nice, attaining master’s degrees in both mathematics and music. During his studies, he wrote software for the world’s first modern personal computer, the French-made MICRAL of 1973. In 1982, he started his own company in California called Borland. It was one of the first start-ups to create software development tools, and stood out from other companies as it offered incredibly cheap products. (Its Turbo Pascal, for example, cost only $50 compared to the thousands of dollars that similar tools cost.) Over the next ten years, Kahn transformed Borland into a computer powerhouse with $500 million in revenue. However, a number of disagreements led to the board squeezing him out of his own company. Kahn took his severance pay and started a new company, Starfish. Just a few years later, he sold it to Motorola for a whopping $325 million. Around this time, Kahn’s daughter was born, and he got frustrated at his inability to quickly send baby photos to friends and family. He fiddled with his camera and his phone until he managed to link the two. He then sent history’s first photograph through a cellphone. This inspired him to develop the camera-phone, making it the focus of his new startup, LightSurf Technologies. This company, too, was bought out for $300 million. Since then, Kahn has started yet another company that designs and develops wearable technology. He is also an avid sailor, holding the world record for fastest San Francisco to Hawaii trip, and recently winning the Transpacific Yacht Race from LA to Hawaii. Kahn is credited with inventing the now-ubiquitous camera phone, and TIME Magazine included his first phone photograph in its 2016 list of the 100 Most Influential Photos of All Time.
Michael Saul Dell (b. 1965) was born in Houston, Texas to a Jewish family of German ancestry. He had a mind for business from a very young age, applying to take a high school equivalency exam at just 8 years of age, working in a restaurant by 12, and earning money from stocks throughout his teen years. At 15, he earned $18,000 (more than his high school teachers) by selling newspaper subscriptions to a specific demographic he had targeted by looking through public court records. It was during his first year of university studies that Dell started to put together personal computers in his dorm room. Shortly after, he founded his company, PC’s Limited, and quickly sold some $80,000 in upgraded computers, before incorporating as Dell Computer. By the time he was just 27, Dell’s company was already among the Fortune 500 world’s largest corporations, making him the youngest ever CEO on the list. In 1996, Dell Inc. was one of the first companies to sell computers over the web, and was soon making $1 million a day in online sales. Just five years later, it had become the world’s largest maker of personal computers. Today, it has 138,000 employees, and remains one of the top tech firms and computer manufacturers. Last year, Dell Inc. completed its acquisition of EMC Corporation in a deal worth a record-breaking $67 billion. Michael Dell is still the company’s CEO, and is also on the boards of the World Economic Forum, and three international business schools. He has been voted CEO of the Year and Entrepreneur of the Year. In 1999, he and his wife founded the Michael and Susan Dell Foundation, which has since donated an astounding $1.23 billion to various causes around the world, including schools and medical institutions, charities in India, Africa, and across America, as well as the IDF. Most recently, Dell pledged $36 million to his hometown of Houston for its relief efforts following Hurricane Harvey.