Kathleen O'Toole, News Service (650) 725-1939; e-mail: email@example.com
Milton, Rose Friedman honored by Koret Foundation
Milton Friedman, Hoover Institution senior research fellow, and his wife, Rose, are to be honored by the Koret Foundation at a San Francisco luncheon Wednesday, May 3, "for exemplary contributions to economic reform." They are among four recipients of this year's Koret Prize, awarded annually since 1988 for outstanding achievements in areas of interest to the foundation.
The Friedmans are founders of the Friedman Foundation for School Choice, and will receive a check from Koret for $100,000 for their foundation.
The others to be honored are the Rev. John J. Lo Schiavo, chancellor of the University of San Francisco; Michael Tilson Thomas, director of the San Francisco Symphony and artistic director of the New World Symphony, a national training orchestra for the most gifted graduates of America's conservatories; and the United Way of the Bay Area.
Milton Friedman received the 1976 Nobel Memorial Prize in Economic Sciences. He is a professor emeritus of the University of Chicago and has been affiliated with Hoover since 1977. Rose Friedman has been an economist for a number of government bureaus, including the National Bureau of Economic Research. Her research and collaboration with her husband has produced numerous articles, books and a public television series titled "Free to Choose."
The Koret Foundation is a charitable trust based in San Francisco with assets of more than $300 million. Since 1979, it has awarded more than $200 million in grants in the Bay Area and Israel supporting educational institutions, public policy organizations, community programs to advance arts, citizenship and cultural development, as well as community projects for disadvantaged youth and elderly citizens.
Previous Stanford recipients of the Koret Prize are University President Gerhard Casper; Arnold Eisen, the Daniel E. Koshland Professor in Jewish Culture and Religion; former Secretary of State George P. Shultz, the Jack Steele Parker Professor of International Economics, Emeritus, at the Graduate School of Business and distinguished fellow at the Hoover Institution; and Steven Zipperstein, the Daniel E. Koshland Professor in Jewish Culture and History.