Stanford Lipsey is a U.S. Air Force veteran of the Korean War and was assigned to the Strategic Air Command. Upon his discharge, he was appointed chairman of the Military Affairs Committee of the Omaha (NE) Chamber of Commerce. He was a founding member of the Strategic Air and Space Museum near Omaha in 1959 and chairman of the dedication of its Artifact and Exhibit Building in 1972.
Lipsey is also chairman of the Richardson Architecture Center in Buffalo, which will house a small museum dedicated to architecturally-significant buildings in Western New York. He joined the weekly Sun Newspapers of Omaha in 1952 working as a reporter, photographer, editor, and general manager, and eventually became its publisher and owner.
He sold the papers to Warren Buffett’s Berkshire Hathaway Inc., in 1969. Lipsey, Buffett, and editor Paul Williams teamed to win a Pulitzer Prize for local investigative reporting for The Sun in 1973. Their expose on Boys Town impacted the lives of thousands of orphaned children throughout the country as well as setting a new standard nationally for financial disclosure reporting for 501(c) charities.
In 2008, Lipsey and Buffett were inducted in the Omaha Press Club’s Journalists of Excellence Hall of Fame.