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Philanthropist Ted Strauss Dies at 89

by Anne Bothwell 5 Sep 2014 4:31 PM

Strauss’ donations included a $1 million gift to the AT&T Performing Arts Center.


Ted Strauss  Photo by Kristina Bowman

Ted Strauss. Photo: Kristina Bowman

Ted Strauss, the well-known Dallas banker and philanthropist, died this morning. He was 89.

He was responsible for several Texas businesses and banks over the years. He made a $1 million donation to the AT&T Performing Arts Center in 2004.

He died of natural causes, The Dallas Morning News reports.

“Ted had a deep sense of compassion and service to the community,” Matrice Ellis-Kirk, chair elect of the AT&T Performing Arts Center’s Board of Directors and a longtime friend of Strauss, said in a statement. “Whether advocating for the arts, serving the homeless or any other number of civic efforts – the Strauss family has truly helped shape the Dallas that we are today.”

Strauss was married to Dallas’ first female mayor, Annette Strauss.

His brother died about six months ago. Robert Strauss  was a former chairman of the Democratic Party and an ambassador to the Soviet Union.