Therese Loeb Schiff used her wealth to address a wide range of needs in the Jewish community, from organizing a literary series for the wealthy to stopping sex trafficking of young immigrant women. Schiff married Jacob Schiff, a young financier, in 1875, and he became a full partner in her father’s investment firm, Kuhn, Loeb. Within ten years, he was president of the firm and made it the most powerful firm in the country. During his lifetime, Schiff’s husband annually donated ten percent of his wealth to charity, and after his death in 1920, Schiff made contributions of her own. She made generous donations to the National Council of Jewish Women to help stop prostitution, to the Henry Street Settlement, and to the United Jewish Campaign. She also supported the Montefiore Hospital for Chronic Diseases and the Loeb Convalescent Home, among other worthy causes. She lectured on behalf of the Consumers League to end child labor, and served on the advisory board of the Sisterhood of Personal Service at Temple Emanu-El. In 1931 she donated money for a national Boy Scouts training center in memory of her son Mortimer, who died while serving as national chairman of the Boy Scouts.
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Jewish Women's Archive. "Therese Loeb Schiff." (Viewed on July 15, 2019) <https://jwa.org/people/schiff-therese>.