$8 million estate to benefit 13 local groups

Back to TopCommentsE-mailPrintBookmark and Share

Local attorney Lawrence Reuben has chosen two fledgling organizations—the Immigrant Welcome Center and Grameen Bank of Indiana—for the largest of $8 million in gifts from his mother’s estate.

Each will receive $1 million. The remaining $6 million will be divided among 11 other groups that reflect the broad humanitarian interests of Reuben’s parents, Albert and Sara Reuben. Several of the gifts will help launch new initiatives or establish endowments.

Sara Reuben, who died in January 2010 at age 95, came to the United States as a child from Belarus. Larry Reuben said that’s why he decided to devote a sizeable chunk of his mother’s estate to the Immigrant Welcome Center, a program that recruits acclimated immigrants as mentors to newcomers. “That was the story of her life,” Reuben said of his mother. “I’m truly taken by it.”

The Immigrant Welcome Center, launched in 2007, has one full-time staff member, Executive Director Terri Downs, who works with 60 volunteers. Downs said the plan is to use a small portion of the $1 million to hire another staff member, who will work with more volunteers. The remainder of Reuben’s gift will be paid over time from a donor-advised fund at the Central Indiana Community Foundation.

“We’re very small still,” Downs said. “It’s going to be truly transformative for our organization.”

CICF President Brian Payne began raising money last year to establish a Grameen Bank branch in Indianapolis. Grameen, a not-for-profit, makes micro-loans of up to $1,500 and has been recognized with a Nobel prize for its work in third-world countries. Grameen also has U.S. branches, including one in Omaha.

Reuben was not convinced that the Grameen lending model will work here. “I’m not optimistic,” he said. “I hope to be proven wrong.”

The gift for Grameen will also go into a donor-advised fund at CICF. If the organization fails, Reuben said, whatever is left of the $1 million will be distributed to other groups benefiting from his mother’s estate.

Here’s a rundown on the other gifts:

— $750,000 to the Coalition for Homelessness Intervention and Prevention for a new 12-bed shelter, which will target people who otherwise land in hospital emergency rooms or are arrested for public intoxication. The Alfred G. and Sara I. Reuben Engagement Center is proposed for a building adjacent to Horizon House on East Washington Street. It would be owned and operated by the Health and Hospital Corporation of Marion County.

— $750,000 to the Julian Center, a shelter for victims of domestic violence, for a counseling center, also to be named for the Reubens.

— $750,000 to WFYI public broadcasting, which will produce feature films about each of the other recipients.

— $600,000 to the Jewish Federation of Greater Indianapolis’ ElderSource program, which supports people staying in their homes as they age. The program will be named for the Reubens.

— $500,000 to the American Civil Liberties Union of Indiana for an educational initiative.

— $500,000 to Planned Parenthood of Indiana for educational initiatives.

— $500,000 to the Humane Society of Indianapolis to upgrade the Michigan Road shelter and to help establish a clinic and outreach center in the Fountain Square neighborhood.

— $500,000 to Goodwill Industries of Central Indiana’s Excel Center, which helps adults finish their high school educations. Goodwill will establish the Albert G. and Sara I. Reuben College and Career Counseling Centers.

— $500,000 to United Way of Central Indiana to establish the Sara I. and Albert G. Reuben Endowment Fund for early-childhood development.

— $250,000 to Congregation Beth-El Zedek to support programs for teens.

— $250,000 to the Robert A. and Sandra S. Borns Jewish Studies Program at Indiana University to support the Institute for the Study of Contemporary Anti-Semitism.

— $50,000 to the Bureau of Jewish Education for remote-learning technology and Holocaust educational material.

Albert and Sara Reuben grew up and met in Omaha and later moved to Ohio before settling in Indianapolis in 1948. Albert started an aluminum-siding franchise, which capitalized on the post-World War II housing boom. He died in 2002. The Reubens’ other children, Elaine and David, live in the Washington, D.C., area.


  • wonderful...
    Restoring my faith in humanity...
  • Thank You Ruben family
    Larry, what a great gift to our community on behalf of your dear parents. You and I grew up together in indy as children, and i had the distinct honor of knowing your mom so well. She was such a joy and always said wonderful things to me about my heritage..I like you came from a very giving family in our great city, and Sara always reminded me of that whenever she saw me. Between my grandparents, Sarah and Jack Goodman, and my parents, Morrie and Sylvia Katz (who your mom loved all of them) and people like your parents the community was and is so fortunate to have people like this as our family and founders of this great community; that we get to reap all the rewards from..I was smiling from ear to ear to see the lives that will be touched by your families generosity...deborah dorman
  • Thank You
    Awesome gifts, Larry. Thanks for a very generous act of kindness.

    You ought to think about taking the rest of the day off!!
  • Well deserved, Goodwill
    Well deserved gift to Goodwill! A one of a kind program that is sure to drastically impact adults in central Indiana.
  • upwards
    Raises the bar on the nature of humanity
  • Thank you
    To the Ruben family - thank you.
  • Wonderful Story
    Great Story, you made your Mother proud.

Post a comment to this story

We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
You are legally responsible for what you post and your anonymity is not guaranteed.
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
Subscribe to IBJ
  1. Angela IS the best RD

  2. We are a nation of speed. All of our younger lives are filled with deadlines, quotas and bottom lines. We start to ease out of the pressured rat-race when we finally see "retirement." The most enjoyable travel on the planet is passenger rail service. Indy to Chicago does not beat Megabus or Southwest Airlines in speed. Passenger rail however has the best seating, mammoth legroon, seat backs that recline to more than 45 degrees and employers that really want you to return as a customer. Indiana municipalities need to maintain subsidies to support this transportation mode. Losing it is loss for all of us.

  3. Good day! I just want to testify how i got my loan from Mr. Eric Lefkofsky after i applied several times from various loan lenders who claimed to also testify right in this forum,i thought the testimonies where real and i applied but they never gave me loan. I was in need of an urgent loan to start a business and i applied from various loan lenders who promised to help but they never gave me the loan. Until a friend of mine introduce me to this popular Mr. Eric Lefkofsky who promised to help me and indeed he did as he promised without any form of delay. I never thought there are still reliable loan lenders until i met Mr. Eric lefkofsky who indeed helped me with the loan and changed my belief. I promised to share this testimony after I got my loan. I don't know if you are in any way in need of a genuine and urgent loan,free feel to contact Mr. Eric Lefkofsky via their email{grouponfunding@hotmail.com}

  4. Its a THUG issue. Bleecker Street and NYX are thug bars. They attract thugs of all races. Places that attract thugs need to be kicked out of Broad Ripple. Ain't nobody got time for that!

  5. Hello everyone, My name is Marian Gareth, I am from the Texas, United State, am here to testify of how i got my loan from Mr Andre Frank {frankloancompany@yahoo.com} after i applied Two times from various loan lenders who claimed to be lenders right in this forum,i thought their lending where real and i applied but they never gave me loan. I was in need of an urgent loan to start a business and i applied from various loan lenders who promised to help but they never gave me the loan.Until a friend of mine introduce me to Mr Andre Frank the C.E.O of Andre Frank Loan Company who promised to help me with a loan of my desire and he really did as he promised without any form of delay, I never thought there are still reliable loan lenders until i met Mr Andre Frank, who really help me with my loan and changed my lief for better. I don't know if you are in need of an urgent loan, free feel to contact Mr Andre Frank on his email{ Frankloancompany@yahoo.com} for help