Hello,

We noticed you're browsing in private or incognito mode.

To continue reading this article, please exit incognito mode or log in.

Not a subscriber? Subscribe now for unlimited access to online articles.

Sidney and Jean Silber

Lutherville, MD

Sidney Silber once received an MIT scholarship. “I have never forgotten that very meaningful generosity,” he says, adding that he was happy to return the favor by funding several charitable gift annuities. His latest gift establishes the Jean and Sidney Silber Cancer Research Fund at MIT.

“The government has cut back on cancer research at many institutions,” he says, “so we felt that under the leadership of President Susan Hockfield, MIT is a great place where this important research can move forward. We have no doubt one day there will be a cure.”

This story is part of the March/April 2007 Issue of the MIT News magazine
See the rest of the issue
Subscribe

Silber says he and his wife chose a gift annuity “because it gives you a phenomenal income, there’s no risk involved, the institution benefits, it’s a tax break, and it’s a great way to diversify your investments.”

After earning a bachelor’s degree in mechanical engineering at MIT in 1939, Silber worked as a thermodynamics engineer at Boeing and as an analyst and reporter of experimental test flights for seven years. For the next 16 years, he was CEO of Silber Bakeries, a family business, where his mechanical-engineering background helped him build and organize a new production plant and design equipment. Later, he founded the Commercial and Industrial Realty Corporation in Baltimore and for 27 years developed residential, commercial, and industrial properties. He retired in 1990 and now enjoys gardening and sculpture. He is proud that one of his works in bronze, Wave, stands at MIT’s Sailing Pavilion.

“I decided to make a gift now rather than include MIT in my will,” he says. “This way, MIT has an immediate benefit and can use the money for research. It seems to me that if you’re going to make a gift for cancer research, the sooner the better.”

For giving information, contact Judy Sager:
(617) 253-6463
jsager@mit.edu.
Or visit giving.mit.edu.

AI and robotics are changing the future of work.  Learn from the humans leading the way at EmTech Next 2019.

Register now
Next in MIT News
Want more award-winning journalism? Subscribe to Print + All Access Digital.
  • Print + All Access Digital {! insider.prices.print_digital !}*

    {! insider.display.menuOptionsLabel !}

    The best of MIT Technology Review in print and online, plus unlimited access to our online archive, an ad-free web experience, discounts to MIT Technology Review events, and The Download delivered to your email in-box each weekday.

    See details+

    12-month subscription

    Unlimited access to all our daily online news and feature stories

    6 bi-monthly issues of print + digital magazine

    10% discount to MIT Technology Review events

    Access to entire PDF magazine archive dating back to 1899

    Ad-free website experience

    The Download: newsletter delivery each weekday to your inbox

    The MIT Technology Review App

/3
You've read of three free articles this month. for unlimited online access. You've read of three free articles this month. for unlimited online access. This is your last free article this month. for unlimited online access. You've read all your free articles this month. for unlimited online access. You've read of three free articles this month. for more, or for unlimited online access. for two more free articles, or for unlimited online access.