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Abe Posluns was born in 1908 to Sheindel and Abraham Isaac Posluns. Abe married Elsie Posluns and they had three children. Abe was a financier and was actively involved in the Toronto Jewish community. In 1946, he headed the fundraising campaign to purchase land and build a new facility to accommodate the Toronto Jewish Old Folks' Home (Baycrest Centre for Geriatric Care’s forerunner). Throughout the course of his career, he was president of the United Community Fund of Greater Toronto, president of the Jewish Home for the Aged, president of Baycrest Hospital, honorary vice-president for the United Jewish Welfare Fund, director and executive of the new Mount Sinai Hospital, director of YW-YMHA, and director of Canadian Welfare Council, as well as a member of B'nai B'rith, the Primrose Club, and the Oakdale Golf and Country Club.