When he died in the 1980s, she ran the business until 2019, when she sold it to XLerate Group. Harkey said the board is considering ways to advance the organization's mission "through educational programs or additional capital improvements, and even increasing our board reserves for financial sustainability.”Ĭonservatory through the years: A look backīorn March 28, 1942, Jacobs started working in the accounting department of the Obetz-based Columbus Fair Auto Auction, which her father started in 1959. The conservatory also is considering an endowment with the gift.
More: Columbus Foundation makes 'game-changing' investment in Columbus Urban League Jacobs' gift will allow the Columbus Urban League to continue to build capacity, potentially through an endowment, Hightower explained. Hightower said Jacobs understood the “philanthropic redlining practices," which has resulted in a pattern of Black-led organizations receiving less funding, as well as grants that are limited to programming. "Obviously, she was a dear friend of the conservatory, and we miss her dearly. “You never know what kind of impact you’re having on someone.”īruce Harkey, president and CEO of Franklin Park Conservatory said he was "gobsmacked." “I just started bawling,” said Stephanie Hightower, president and CEO of the Columbus Urban League.
The Columbus Urban League and Franklin Park Conservatory and Botanical Gardens have received their largest, one-time gifts ever.įormer Columbus Fair Auto Auction owner Alexis Jacobs bequeathed $4 million in unrestricted funds to each of the organizations.Ī longtime supporter of both nonprofits, Jacobs died on June 3 at age 80.
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