Anecdote |
- After his graduation he travled extensively in the practice of his profession. He spent several years in Mexico in work on railroad properties.
On January 1, 1919, occured the death of Mr. Heinsheimer's brother, Louis C., a partner in Kuhn, Loeb & Co., who made Mr. Heinsheimer the chief beneficiary of an estate estimated at more that $5,000,000. The will provided a gift of $1,000,000 for six Jewish charitable institutions, provided they form a federation, which they declined to do. Every effort was made by the executors and the surving brother to carry out the provision for this gift. Mr. Heinsheimer offering to relinquish the $1,000,000 which otherwise came to him, if but five of the institutions would merge. At the end of two years, the project was abandoned and Mr. Heinsheimer used the money to establish and endow the New York Foundation, a non-sectarian organization to promote charitable, educational and philanthropic enterprises.
In July, 1916, the newly formed Federation of Jewish Charities announced the receipt of $25,000 from Mr. Heinsheimer, who stated that he wished to open the books of the federation with this gift in memory of his mother. In December, 1925, he presented to the Hospital for Joint Diseases a country home at Breezy Point, Far Rockaway, L.I., with an endowment of $500,000, as a memorial to his mother and brother, Louis. He also had made a gift of $10,000 in 1911 to the hospital to aid its equipment and maintenance.
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