$12.3 million gift to Center for Ethics
Harvard University has received a gift of $12.3 million from Lily Safra in memory of her late husband, Edmond J. Safra, a prominent philanthropist and founder of the Republic National Bank of New York. The gift will help support the Edmond J. Safra Center for Ethics, permanently endow the graduate fellowship program, and fund the recently launched research lab. The Edmond J. Safra Foundation contributed $10 million to endow the center in 2004. “We are grateful for this timely gift to the Edmond J. Safra Center for Ethics,” said Harvard President Drew Faust. “At a moment in history when many people are examining the global financial system and the role of public institutions, we will all benefit from serious research into the increasing complexity of public life and the ethical issues faced by corporate leaders.” “This gift will allow the center to build upon its remarkable success and continue to shape dialogue on...