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Case file s1288 · Money and markets · 1995
1995
Yeshiva University Stern College for Women 253 Lexington Avenue: 253 Lexington Avenue at the corner of East 35th Street in the Murray Hill neighborhood of Manhattan, New York City,
Yeshiva University Stern College for Women 253 Lexington Avenue. Beyond My Ken. CC BY-SA 4.0, Wikimedia Commons.
Died
January 1995
Place
New York City, New York, USA
Field
private investor; IRS auditor · Business and finance on the timeline
Legal tradition
New York law of wills; charitable bequest · Common law
Historical event
Post-war US bull market

An IRS auditor who said she was held back as a Jewish woman left $22 million in stock to Yeshiva University, a school she had no ties to

Anne Scheiber worked as an auditor at the Internal Revenue Service. J. Weekly reported that her highest salary there was $3,150 a year. In a letter to Yeshiva University's president, Rabbi Norman Lamm, she wrote that her career had been stymied because she was Jewish and a woman. She retired in 1943 or 1944. She lived alone in a rent-stabilised apartment in Manhattan. She died in January 1995 at 101. Her will left about $22 million, a portfolio of 140 securities including Bristol-Myers Squibb, Coca-Cola, Chrysler and Paramount, to Yeshiva University. She had no previous connection to the school. The bequest funds scholarships and loans for women at the Albert Einstein College of Medicine and at Stern College. It was the second largest gift in the university's 109-year history. Money magazine's January 1996 cover story said she had turned $5,000 into $22 million from 1944, a 22 percent annual return. Her executor, Benjamin Clark, who knew her for 25 years, said she was investing well before that: her 1936 tax return showed $900 in dividends and about $3,000 in capital gains. That points to about $21,000 in stocks in 1936 and a return close to the market's. Her largest early winner was Schering Corp., later Schering-Plough. She rarely sold, which kept her capital gains tax and commissions low.

What the law took from it

A bequest to a stranger institution can carry a message about the donor's life; the will's conditions made it scholarships for women.

Family version vs. the record

Money magazine's account (the $5,000 start in 1944) vs. her executor's account and her 1936 tax return: | J. Weekly gives her top IRS salary as $3,150; Wikipedia says she never earned more than $4,000 a year:

Cite as: celebrity.estate, “An IRS auditor who said she was held back as a Jewish woman left $22 million in stock to Yeshiva University, a school she had no ties to,” story s1288, https://www.celebrity.estate/anne-scheiber-1995, updated 30 October 2026.

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