Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1922-11-15
JACOB GIMBE['S
ESTATE 100000
Executors Cut Down eequests
60 Increase Merchants
Gifts TO Charity
COMPLY WITH LAST WISHES

Five brothers OF the late Jacob Gin.
III, who was he,d Of the Gimbel cor.
pofatlon operating stores In New York,
Philadelphia and Milwaukee. have ar.
ranged TO give away more than 81, ,OOO..
900 which would have come to them as
sesiduary legatees under the terms OF
their brothers will.
This money will 90 to charities,
Jewish and non. Jewish. and to nieces
end nephews Of Mr.. Gimbel. 80 that his
brothers may carry out what they be-
neve to have been his desires expressed
shortly before his death.
The brothers are Isaac and Louis
Cimbel, heads Of the New York store.
and Charles. Daniel and Ellis a. Gin.
They announced the change In carrying
out the will in a brief statement which
was ampliflcd later by Ellis \. Gimbel.
The will will be filed for probate in
Q few days.
Mr.. Gimbel's will was made in 1908.
fourteen years ago. At that time he
stipulated tina. about 100000 should
70 to charity. and this amount has
Been Increased to $3.50. 600. which will
b. equally divided among Jewish and
other charitable institutions. Mr.. Gin.
bel. who was a bachelor. had been oil
his life interested in charitable work and
for ten years was president OF the Fed.
eration Of Jewish Charities OF Phila'
delphia.
Charity Non. Sectartan
But his devotion to charitable enter:
s,pises If his own people did not blind
Kim to the needs Of other institutions.
He was fond Of children and a sup.
porter all his life Of organizations
which cared for children. He expressed
the wish before his death that a larger
Gum than he had allotted should be de-
voted to their aid. SO his brothers are
planning to distribute large portion
Of the money among orphan asylums
and children's societies. A large amount
will also 60 to hospitals.
A gift which was not mentioned In
the will will be turned over to the
Cilnbel Brothers Foundation. q fund
established for the bencti, Of employees
Of the New York and Philadelphia
stores about two years ago. Mr..
Gimbel took an active part in forming
the foundation. so as to keep in the
business the spirit Of loyalty which his
father, Adam Gimbel. had held TO be
the basis Of his success. The .fOunda. &.
tion will receive $50.
Mr.. Gimbels fifteen ntcces and
nephews are to receive $50 900 each.
Some Of them were not born at the time
tho will was made. and MIR. Gimbel
told his brothers before he died that
he wished all Of them to share in his
estate.
''In making these provisions those
who inherit the residuary estate feel
that they are carrying out the real
wishes u Jacob Gimbel and paying q
tribute Of respect and affection to his
memcry." said a statement issued BY
Bis brothers yesterday.
Ellis A. Gimbel said that persons
who had heard Of his beQuests and
learned that they would be distributed
equally among Jewish and non Jewish
charities had paid tribute TO him for
his broad minded interest in all chnri
table work and had expressed the hope
that other wealthy men would do like.
wise.
'AI'he will was made so long ago that
Il did not express Mr.. Gimbel's real
wishes" said his brother. 1--WE felt
that II was our duty rs we'll as our
pleasure to carry out not only his sx-
pressed wishes. but also to do what we
felt he would have done himself had he
had the opportunity to change his will
All OF the bequests will be made in full.
the estate paying the taxes. Just what
the estate amounts to as yet I cannot
say, but he left many millions