Stanley Black (businessman)

Stanley Black (born 1932) is an American real estate investor and philanthropist from Beverly Hills, California. He is the founder and chairman of the Black Equities Group. Through his company, he is the owner of 18 million square feet of commercial real estate in 35 states.

Stanley Black
Born1932 (age 90–91)
NationalityAmerican
Occupation(s)Real estate investor, philanthropist
Known forCo-founder of KB Management,
SpouseJoyce Gottlieb (deceased)
ChildrenJack Black
Jill Black Zalben
Janis Black Warner
Parent(s)Jack Black
Victoria Black

Early lifeEdit

Stanley Black was born to a Jewish family[1] in 1932.[2] His father, Jack Black, led the Textile Division at the United Jewish Fund.[2] His mother, Victoria Black, was a philanthropist.[3][4] The Jack and Victoria Black Parkway at the Vista Del Mar Child and Family Services, a non-profit organization which helps struggling families, was named in their honor.[4] His father died when he was twenty-one years old.[2]

CareerEdit

He started his career at the Buckeye Realty & Management Corporation, a real estate development company founded by George Konheim.[5] In 1955, he co-founded KB Management, a construction company, with Arthur Kaplan, a friend of his father's.[2] It later became a real estate development company with over $375 million in holdings.[2] The firm closed down in 1985, when Arthur Kaplan died.[2] In 1985, Black and his son Jack founded the Black Equities Group, a real estate investment company.[2] Through the company, he owns more than 18 million square feet of commercial real estate in thirty-five American states.[3] Some of his tenants are Wendy's, Burger King and Office Depot.[3]

He has published five editions of Thoughts to Live By, a booklet with eighty sayings of business advice.[3]

PhilanthropyEdit

Black is a donor to Jewish organizations. He serves on the board of trustees of the Los Angeles ORT College, a non-profit two-year Jewish college part of World ORT, where the American ORT Stanley and Joyce Black Family Building is named for he and his wife.[2][3] He has made charitable contributions to the City of Hope, the Anti-Defamation League, Jewish Big Brothers, the American Friends of Tel Aviv University, the American Friends of the Hebrew University, The Guardians of the Jewish Home for the Aging, and Yeshiva Gedolah/Michael Diller High School.[2] He also co-chaired a fundraiser for the Friends of the Israel Defense Forces at the Beverly Hilton Hotel.[6] He has donated to the Boy Scouts of America, the Los Angeles Music Center, and the Union Rescue Mission.[2] Moreover, he is a large supporter of the Jewish Vocational Services, a non-profit organization which helps Jews who are unemployed in Southern California find work again.[3] Additionally, he helped establish the Goldsmith Center of the Jewish Federation of Greater Los Angeles.[2] In June 2016, he unveiled a new Torah he commissioned in Israel for the Temple of the Arts, a synagogue based at the Saban Theatre in Beverly Hills.[7]

Black has supported healthcare organizations. In 2000, he donated US$1 million to the Vista Del Mar Child and Family Services for the establishment of the Joyce and Stanley Black Family Special Care Facility.[4] In January 2012, he donated US$5 more million, which led to the Joyce and Stanley Black Family Campus.[4] In 2004, he made a large donation to the Children's Hospital Los Angeles (CHLA), which renamed its garden the Joyce and Stanley Black and Family Healing and Meditation Garden.[8] In 2013, he donated another US$15 million to the CHLA.[8][9] As a result, the former Gateway Building facing Sunset Boulevard was renamed the Joyce and Stanley Black Family Building.[8][9] In September 2014, and again on September 27, 2015 he held fundraisers for Wells Bring Hope,[10] a non-profit organization which drills wells in Niger to bring water to rural communities.[11] He has been a long-term supporter of the Chai Center in Los Angeles,[12] and will serve as the 'Dinner Chair' for the Chai Center's annual Banquet in 2018.[13]

Personal lifeEdit

He was married to Joyce Black, the daughter of Jacob and Frieda Gottlieb.[14] A philanthropist, she served on the board of trustees of the Los Angeles Opera.[14] They had three children: Jack Black; Jill Black Zalben; and Janis Black Warner.[15] He resides in Beverly Hills, California.[11]

ReferencesEdit

  1. ^ Aushenker, Michael (May 23, 2002). "Quotable and Charitable". The Jewish Journal of Greater Los Angeles.
  2. ^ a b c d e f g h i j k Michael Aushenker, Quotable and Charitable, The Jewish Journal of Greater Los Angeles, May 23, 2002 Archived November 29, 2014, at the Wayback Machine
  3. ^ a b c d e f Jonah Lowenfeld, [1], The Jewish Journal of Greater Los Angeles, March 8, 2011 Archived November 29, 2014, at the Wayback Machine
  4. ^ a b c d Ryan Torok, $5 million gift renames Vista Del Mar campus, The Jewish Journal of Greater Los Angeles, January 18, 2012
  5. ^ Black Equities Group: Building History
  6. ^ FIDF: Western Region Gala Raises $5.2 Million to Benefit Soldiers
  7. ^ "Stanley Black Hosts Unveiling of Temple of the Arts New Torah" (PDF). The Beverly Hills Courier. Vol. LI, no. 25. June 17, 2016. p. 12. Retrieved June 18, 2016.
  8. ^ a b c Lorenzo Benet, Children’s Hospital Los Angeles Unveils the Joyce and Stanley Black Family Building, April 2, 2014
  9. ^ a b Lorenzo Benet, Joyce and Stanley Black Donate $15 Million Gift to Children’s Hospital Los Angeles, October 4, 2013
  10. ^ "Home". Retrieved 2020-08-28.
  11. ^ a b ‘Wells Bring Hope’ Raises $300,000 at Home of Stanley Black, The Beverly Hills Courier, September 24, 2014
  12. ^ 'Chai Time for New Location', Los Angeles Jewish Journal, Aug 28, 2013
  13. ^ "BANQUET 2019 – The Chai Center". Retrieved 2020-08-28.
  14. ^ a b Tom Tugend, Joyce Black, philanthropist, 75, The Jewish Journal of Greater Los Angeles, October 7, 2013
  15. ^ "Children's Hospital Los Angeles Unveils the Joyce and Stanley Black Family Building". Business Wire. April 7, 2014.