N.J. Schechter School Receives $15m. Gift

from New Jersey Jewish News:

Gift to Schechter is game – and name – changer

The Solomon Schechter Day School of Essex and Union announced this week a $15 million challenge gift made in memory of longtime Maplewood resident Golda Och – the largest in the school’s 45-year history and one of the largest endowment gifts ever made to a Jewish day school in North America.

The gift is a grant from Jane and Daniel Och Family Foundation, founded by Och’s investor son and former Schechter student Daniel and his wife. The money – positioned to generate an additional $15 million in matching gifts – is intended to ease tuition costs for middle-income families, enhance academic excellence, and improve the “bricks and mortar” facilities, school officials said.