Boca Raton Jewish foundation gifted $10 million donation for programming, library

Leon (left) and Toby Cooperman gifted the Jewish Foundation of South Palm Beach County $10 million. (Contributed)

Leon (left) and Toby Cooperman gifted the Jewish Foundation of South Palm Beach County $10 million. (Contributed)

BOCA RATON — The Jewish Foundation of South Palm Beach County was recently gifted $10 million by Boca Raton philanthropists Toby and Leon Cooperman.

It’s one of the largest donations in the foundation’s history, according to a press release. The gift will be used to fund the PJ Library, which provides Jewish-content books to families, and other programs and services of the foundation.

In honor of the donation, the Jewish Foundation is renaming a new 650,000-square-foot luxury retirement community, in West Palm Beach, the “Toby and Leon Cooperman Sinai Residences of Boca Raton.”

Wall street titan Leon Cooperman is a signer of the Giving Pledge, Warren Buffet’s initiative to get the world’s wealthiest individuals to donate more than half of their wealth to philanthropy.

“The fact that Toby and I are even candidates to make the Giving Pledge is a testimony to the American Dream, and we have a moral imperative to give others the opportunity to pursue the American Dream by sharing our financial success,” Cooperman said in a statement. Cooperman’s parents emigrated from Poland and raised him in a small apartment in the Bronx where he attended public schools.

“My father was a plumber who worked six days a week,” he said. “His example shaped my work ethic and he showed me how to treat people.”

Said Matthew Levin, the federation’s president and CEO: “This transformative gift to our community will provide significant income to meet vital Jewish needs locally, in Israel and overseas, through our Federation’s Annual Campaigns.”