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Friday, May 26, 2017

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Philanthropist and Democratic patron Rapoport dies
Kate Alexander - Austin American Statesman

April, 2012

Waco businessman Bernard Rapoport, born in 1917 to a Communist Russian Jew, died on Thursday night, a "capitalist with a conscience" and influential philanthropist.

The 94-year-old Rapoport, known to all as B, made a fortune in the insurance business and gave much of it away to causes aimed at helping people who needed a lift. He was also a major Democratic Party donor.

Rapoport and his wife of 70 years, Audre, created a $50 million charitable foundation in 1978 that is dedicated to the University of Texas, Waco education and other community programs, and Israel.

"He saw philanthropy as a real debt to be paid," said Rapoport's granddaughter, Abby, an Austin journalist.

A self-made millionaire who started American...to read more go to: http://www.statesman.com/news/texas-politics/philanthropist-and-democratic-patron-rapoport-dies-2287281.html

 



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