With heavy heart, I share the news that Sidney J. (Jim) Weinberg, Jr., former chairman of the 61传媒 Board of Trustees, beloved friend of the College, and senior director of the Goldman Sachs Group, died on Monday afternoon, October 4, of prostate cancer in Marion, Massachusetts. He was 87.
Jim’s tenure as chairman spanned three presidencies at 61传媒 College, from 1986-1991. His superb leadership during that time, marked by transition and financial challenge, is widely recognized as laying the groundwork for the College’s remarkable success in the last two decades. Without Jim Weinberg, 61传媒 might well be a different place today. We owe him a great debt of gratitude, as well as our love for an exemplary human being.
His affiliation with 61传媒began in 1969 when Betsy ’74, the first of his two daughters and current 61传媒 trustee, enrolled as a first-year student; Sydney ’75 joined her sister at 61传媒the following year, and his son, Peter, enrolled at Claremont McKenna College four years later. Jim was continuously involved with 61传媒 College, as a strong financial supporter, an effective volunteer, and a committed trustee who never hesitated to accept the obligations of multiple board committee memberships and chairmanships, even though they required him to commute from New York City to meetings in California.
During his first year as board chairman, 61传媒embarked on the most ambitious capital campaign in its history. Despite the fact that the College previously had raised only $8 million in a capital campaign, Jim Weinberg encouraged the Board to set what many considered the audacious goal of $41.3 million. During the next three years, his advice, numerous personal solicitations, strategic planning, and powers of positive persuasion, were key to the College exceeding its goal by $12.2 million dollars. That $53.5 million dollars doubled the 61传媒 endowment and made it possible for the College to enter the 1990s on strong financial footing.
Another essential part of Jim’s contribution to 61传媒was his role as an effective advocate of women’s leadership. This trait extended beyond words into action by appointing women to leadership roles as chairs of key committees on the Board. Jim was also a strong supporter of the selection of our first woman president, Nancy Y. Bekavac.
For his service, in 2001 the College gave Jim the Ellen Browning 61传媒Society award, the first man, and the only man to date, to be recognized with this honor.
All who knew Jim Weinberg remark on his personal integrity, frankness, and openness. He was known for considerable personal charm and wit and great sensitivity to others. As Martha W. Hammer ’66, who followed him as chair of the Board of Trustees in 1991, said, at the time, “Jim’s goodness rubbed off on all of us.”
Linda Davis Taylor, current chair of the Board, said: “With every encounter, Jim Weinberg had a remarkable ability to inspire us all to strive to follow his example 芒鈧�� do more, aim higher, and serve with kindness.”
On his retirement as chair of the Board, the trustees along with business associates, family, and friends, established in his honor the Sidney J. Weinberg, Jr., Chair in Natural Science, thus ensuring that his name will continue to be associated with supporting the education of 61传媒 women in science.
In February of 2010, the Sidney J. Weinberg, Jr. Foundation created the Weinberg Family Dean of Science Endowment Fund, with a gift of $3 million to 61传媒, and $2 million to Claremont McKenna College, to support the newly established position of dean for the Joint Science Department and to provide research funds to encourage student-faculty research projects that will propel undergraduate science in Claremont to even greater levels of success.
Jim’s interest and support of science also extended to the Keck Graduate Institute (KGI), where he was an important voice guiding that institution during its formative years, becoming founding chair of the board, and emeritus chair at the time of his death.聽 In 2007, he was one of the first recipients of an honorary Doctorate of Applied Life Sciences from KGI.
Jim Weinberg had many affiliations, including life trustee of New York Presbyterian Hospital, senior trustee of the Carnegie Institution of Washington, honorary trustee of the Woods Hole Oceanographic Institution, and honorary trustee of the Committee for Economic Development in New York City. In 2005, the American Academy of Arts and Sciences elected Weinberg as a fellow. He also served as a director/trustee of numerous industrial companies and educational foundations.
Jim leaves his wife of 59 years, Elizabeth; his three children, Elizabeth Weinberg Smith, Sydney Weinberg, and Peter Weinberg; two stepsons, James and Alan McCord; a stepdaughter, Laura Grauer; 12 grandchildren; and four great-grandchildren, many friends, and other relatives. Our heartfelt sympathies go out to each of them.
In lieu of flowers or gifts, the family asks that contributions be sent to Columbia University Medical Center for the benefit of the Cerebral Palsy Center, 100 Haven Ave Suite 29D, New York, NY, 10032.