The Herzstein Foundation by means of its grant program continues the work of Albert and Ethel Herzstein, leaving their “footprints” by supporting charitable efforts that offer individuals opportunities for advancement through education and enrichment of the human spirit, and contribute to the quality of life in our society.

“What impressed me was that the people who were operating these various nonprofits were doing so because they were charitable and good Americans…I am well-acquainted with hardships, and of being very considerate of your neighbor.”

Albert Herzstein

Introduction by the President

The office of The Herzstein Foundation contains hundreds of reminders of a lifetime of hard work and philanthropy. Photos of friends and family members and dozens of awards hang on the walls and adorn the tables. These objects speak to the respect and high regard in which Mr. and Mrs. Herzstein were held. However, these effects will never express the values and concerns of Mr. and Mrs. Herzstein, nor will they present a thorough image of the individuals they were.

I began working for Mr. Herzstein in 1985. At that time, he had been retired from Big Three for over 20 years. He believed in hard work, and had been a success in industry. As a retiree, he became just as successful with his real estate business.

In the twelve years that I knew him, he proved to be a man who “walked the talk.” Mr. Herzstein was a keen negotiator, but he never took advantage of anyone in his business dealings. He was honest, forthright, and he would always tell you exactly what was on his mind.

Mr. Herzstein was a great believer in free enterprise and the capitalist system. He knew that hard work and persistence led to his success, and he knew it held true for other people. Respect for others was another one of his trademark characteristics. He treated everyone equally, with dignity, regardless of their circumstances. During the time I knew him, he never asked anyone to do something he himself wouldn’t do.

The Directors of the Foundation honor the memory of Mr. and Mrs. Herzstein by supporting projects that enhance our community and benefit individuals in need. Each grant that is made reflects the Herzsteins’ belief in the dignity of man, and in sharing the gifts with which they were blessed. Those who had the opportunity to know Mr. and Mrs. Herzstein consider themselves blessed as well.

This project began with one simple goal: to convey to the spirit, joy, and vision of Albert and Ethel Herzstein. It is my sincerest hope that we are achieving this goal.

Yours very truly,
L. Michael Hajtman


The Albert and Ethel Herzstein Charitable Foundation

Albert Herzstein