THOUSAND OAKS : University Receives $1.8-Million Gift - Los Angeles Times
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THOUSAND OAKS : University Receives $1.8-Million Gift

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Cal Lutheran University has received $1.8 million--the largest onetime donation in the university’s 33-year history--from the estate of two sisters.

Florence and Esther Potenberg, lifelong Lutherans who learned of the Thousand Oaks university through their church, established a charitable trust in 1989 bequeathing their Pasadena home to the university.

Now, a year after Florence Potenberg died at the age of 90, the university has received $1.8 million from the trust fund. The gift will boost Cal Lutheran’s endowment to $8 million, officials said.

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Instead of dividing the money among various programs, the Potenbergs requested that their gift remain intact as endowment money, earning interest for the university’s annual operating budget, according to a university spokeswoman.

The sisters “have established a living legacy at California Lutheran University,” President Luther S. Luedtke said in a statement announcing the gift. “Young people, for years to come, will have the opportunity of a distinguished Christian higher education because of their contributions.”

Although neither sister attended Cal Lutheran--they were both more than 55 years old when the university was founded--the Potenbergs participated in Cal Lutheran study trips abroad with professors and students.

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Esther Potenberg, 93, lives in Pasadena.

Their father, Charles F. Potenberg, was a wood engraver whose works are on display at the Cal Lutheran library.

While the trust donation was the largest single gift to Cal Lutheran, the university received $2.8 million in cumulative grants from the Pacific Southwest Synod of the Lutheran Church in America, which contributed to the university from 1962 to 1987, officials said.

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