She is chair of the investment committee of her family's foundation, the Libra Foundation, as well as a member of Edge Funders Alliance, and is a leading philanthropist in the Just Transition movement, taking leadership in moving progressive investors to rethink their ethical framework for private investment. Our silence keeps the status quo in place and keeps us from examining our relationship with money, from holding ourselves accountable, she says, and it keeps us in a bubble unaware of our own privilege., Self-described philanthropreneur Christina Lewis has a mission: to provide not just something decent, but something excellent, to Black and Latino boys, she says, which is what they deserve.. But a first step to approaching these donors is to know who they are. Among the beneficiaries is A New Way of Life, an organization providing housing and support for formerly incarcerated women. A longstanding pattern in philanthropy holds that as vast generational wealth passes from parent to child, attitudes toward giving often liberalize as heirs reckon with unearned fortunes. Jennifer Pritzker, (right), shown here with Brenda Cossman, director of Bonham Centre for Sexual Diversity Studies at University of Toronto, is a biological male who uses philanthropic donations of push radical transgender ideology. For us, thats the clear way to make these resources durable and have a benefit that outlives our foundation.. Cohen founded Ben & Jerrys ice cream with Jerry Greenberg in the 1970s. Warren Buffetts daughter Susan Buffett founded the Omaha-based Sherwood Foundation, another entry in the Buffett familys collection of left-leaning philanthropies. Private individuals with wealth shouldnt be the ones determining where community resources should go.. This is the moment. Mike Novogratz chairs the board of The Bail Project and has a strong interest in criminal justice reform. In 2019, he issued an executive order titled Strengthening Our Commitment to Affirming and Inclusive Schools, to support trans children. 3 Nicholas Pritzker is also the co-founder of Tao Capital, whose early investments included Uber, Tesla, and SpaceX. Harnessing art as a force for good remains central to her approach. She is the wife of fellow signee Robert S. Bowditch. It is. Sagner has donated to the Movement for Black Lives. Theres this whole wait for a rainy day mentality, she says. Do Not Sell or Share My Personal Information. The foundation has a notably short 10-to-15-year horizon to spend out its assets and directs them to communities of color. He also funds Jewish causes through the Ricky and Andrew J. Shechtel Philanthropic Fund. Philanthropist George Soros, 88, made his fortune running Quantum Fund, which was once the largest hedge fund in the world. Soros, 34, is the son of billionaire financier and philanthropist George Soros, who also signed the letter. The Pritzker family is an American family engaged in entrepreneurship and philanthropy, and one of the wealthiest families in the United States of America (staying in the top 10 of Forbes magazine's "America's Richest Families" list since the magazine began such listings in 1982). In that sense, one of the most interesting dynamics at Kataly is its status as a democracy fundernot in the typical sense, but in terms of its decision to center grantees proposing radical democratization of the economy. Meyer utilized an inherited fortune in UPS stock to found what is now the Southern Partners Fund, which supports grassroots organizing in the Southeast. Keep up with trends in family philanthropy. The signatories support the wealth tax for six reasons, according to the letter. She's the daughter of Nicholas and Susan Pritzker, whose Libra Foundation has emerged as a leader in progressive philanthropy. Regan also serves as co-chair of Global Greengrants Fund, a global network of donors and activists supporting communities to protect their ways of life and our planet. Liesel Pritzker Simmons, who sued her father and the. Celebrated contemporary artists, such as Glenn Ligon and Sarah Sze, teach classes, and the program also offers coveted training for public school art teachers. Baumans father created the Bauman Foundation, a D.C.-based progressive funding outfit where she has served as President since 1987. Some good examples include the Black Cultural Zone Community Development Corporation, Native Renewables, Prospera Community Development and the ONE DC Black Workers & Wellness Center. regan pritzker parents. Hunt, Hunt-Hendrix is an important next-gen figure in progressive donor organizing, bringing her Occupy Wall Street experience to bear as a founder of Solidaire and Way to Win. The founder of eBay has a longstanding focus on global issues, such as health, education, and economic development, but also supports property rights, government transparency, and technology. By clicking Sign up, you agree to receive marketing emails from Insider Regan works with her family and advisors to align the Libra Foundations and her personal assets with progressive and radical values through investment, philanthropy, and political giving. Hiatt, 90, is the former president of shoe company Stride Rite, according to Bloomberg. Time to catch up on the Pritzker family both in Chicago, Illinois, and across the world. That story has always been with me.. Reeves and Berger tapped a financial fortune to found Unbound Philanthropy, an under-the-radar grantmaking organization with a tight focus on immigrant, migrant and refugee rights. She supports racial justice organizing through the Daphne Foundation and has been critical of corporate compensation at the Walt Disney Company. Regan Pritzker The daughter of Nicholas and Susan Pritzker, Regan is following in her parents' footsteps via the Kataly Foundation, founded in 2018 to fund social justice and racial equity work in communities most impacted by injustice. Regan Pritzker remembers the days when her mother, Susan, would be working on invitation lists and the invitations to charity events had to look a certain way. REGAN PRITZKER Age: 46 | Connection: Daughter of Nick, granddaughter of Jack A teacher who has three children. Michael and Sukey Novogratz donate through Galaxy Gives, which takes its aim at barriers created by structural poverty, oppression, and racism. I would love to see Kataly set a tone that its OK and necessary for philanthropy to resource at a big scale these projects that are holding the vision of a transformed society that is regenerative and sustainable, she said. Indeed, encouraging new and existing donors to give in more democratic ways is a core goal at Kataly, which is meant to be philanthropy-facing. Where donor organizing is concerned, Pritzker said, our big frustration is that wealth accumulation is metastatic, and its getting worse under COVID. Meanwhile, she went on, were still seeing laziness around an analysis of where resources should go, and defaulting back to the big, white-led organizations that have not managed to get us out of the problems were in because theyre not willing to confront the most provocative question, which is how does our economy serve our future?. She went on to share that the magnitude of her personal wealth inheritance did not feel right and that Kataly is a way to move that wealth back into the public domain.. We didnt insert ourselves in the process, Jennifer says. Kataly has gathered a team of nine environmental and social justice leaders to help develop a program that centers communities disproportionately affected by pollution, disinvestment, health effects and over-reliance on the petrochemical industry. By subscribing, I agree to the Terms of Use and Privacy Policy. That ethos contributed to Katalys decision to spend out rather than set itself up for perpetuity. Want to get inside funders' heads? Transit agencies across the country are broadcasting public service announcements recorded by children with autism for Autism Awareness Month . The conversation is very exciting, with donors telling us, This is the nudge I needed, and families talking about values and what they wanted to give, says Jennifer, who delved into issues about money and family dynamics in her 2020 memoir, Lewis is fostering those high standards through, Reginald went on to become a prominent corporate-takeover financier, a self-made multimillionaire and the first Black man to own a company with more than $1 billion in annual revenues, TLC Beatrice International Holdings Inc., before his death at age 50 from brain cancer in 1993. Katalys rapid response effort segues with its plans to resource Black and native-led organizations in a generational way, engaging with movement leaders not as a fad or a one-time response, but over the long haul. Many of these donors don't clearly position themselves as left of center, while others are more explicit in their commitments. All Star Code takes a holistic approach, identifying promising Black and Latino high school boys and enrolling them in summer intensive programs in computer coding. A longstanding pattern in philanthropy holds that as vast generational wealth passes from parent to child, attitudes toward giving often liberalize as heirs reckon with unearned fortunes. Simmons, now 35, is also a cofounder and principal of Blue Haven Initiative. Sue Pritzker holds up one-year-old son Jay Robert Pritzker, the future Gov. Simmons, 44, serves as the cofounder and principal of impact investing firm Blue Haven Initiative alongside his wife and fellow signatory Liesel Pritzker Simmons, according to the firm's website. Regan Pritzker and Liesel Pritzker Simmons Both women are heirs to the Pritzker family fortune, which was created through real estate investments and the founding of Hyatt Hotels, the. JB has an impressive education The Pritzkers spared no expense when it came to the education of their children. We need to move that money.. That sense of urgency has propelled Gund, a white heiress to a banking and real-estate fortune, to become a leader in the fight for criminal-justice reform. Norman Lear co-founded People for the American Way, and the Lear Family Foundation frequently supports progressive advocacy, including for the environment. Regan Pritzker is the daughter of Nicholas J. Pritzker, who had been CEO and chairman of the board of Hyatt Hotels Development Corporation. So many of our problems are all connected to this broader, unacknowledged history of racism in America, she says. Billionaires from George Soros to Abigail Disney are begging to be taxed more, Facebook / Bigelow Laboratory for Ocean Sciences, stayed mum on the exact size of her inheritance, Wealthy investor Nick Hanauer says the US economy mints billionaires while many Americans are struggling, and there's no excuse for it, she starred in several big-name Hollywood productions. The son of the famed liberal donor, Alexander Soros gives through the Alexander Soros Foundation, which gives out an annual award to activists working at the nexus of environmentalism and human rights. NCFP is here to help you on every step of your philanthropic journey. An investor, Albright gives through the ARIA Foundation. In the four years since its inception, the fund has dispersed $92 million to 287 non-profits, while also raising nearly $25 million from over 100 individual donors, including art collectors, artists and incarcerated people. Subscribe to our newsletter! Among the beneficiaries is, Not one to rest, Gund has visited prison and detention centers and is now actively involved in helping female inmates who have suffered severe abuse at New Yorks Rikers Island jail. Pritzker family fortune, Simmons has a net worth of approximately $600 million, ounder and principal of Blue Haven Initiative. Pritzker also serves as the board chair of her family's foundation, The Libra Foundation. Rather than doubling Libras size with her own individual resources, she contemplated a distinct project, although perhaps not at Katalys eventual scale. Shes always saying, Why cant we do more? , Were at a point of inflection for philanthropy. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Decades ago, when Agnes Gund was just beginning to explore charitable giving, her mentor, the late philanthropist Irene Diamond, provided seminal advice. Our intention is to be a partner that supports these solutions, leading to lasting regeneration that transforms us all. Registered Agent: Corporation Service Company Which Will Do Business IN California As Csc - Lawyers Incorporating Serv. They give through the Open Philanthropy Project, an amalgamation of the couples foundation Good Ventures and GiveWell. The Bay Area real estate billionaires (and their children) are familiar faces in the regional philanthropy scene. Theyre lessening reporting burdens on grantees and establishing more trusting relationships with the communities they want to help. Daughter of billionaire liberal donor James Simons, Cappell is behind the Foundation for a Just Society. Sunita Leeds gives through the Enfranchisement Foundation, a D.C.-based progressive grantmaker. She also helps lead the Sapelo Foundation, also founded by the Reynolds family. Illinois Gov. When we look at the past 18 months, there is a growing awareness that existing approaches to social impact are not enough, says Nicholas A. Tedesco, president and CEO of the National Center for Family Philanthropy. Instagram co-founder Mike and wife Kaitlyn are interested in criminal justice reform, as well as U.S. policy, science and global health and development. The former Google CEO has long pursued philanthropic interests that werent particularly progressive, with the exception of some environmental grants. In 2016, Forbes put the Pritzker family's net worth at $29 billion, making them the seventh-richest family in America at the time. Fundamentals of Family Philanthropy Webinar Series. Regan lives in San Francisco where her greatest joys are spending time with her family, cooking for friends, and hiking and swimming around the Bay. This, And so they have: In May 2020, the couple joined with. . The founding of the Kataly Foundation in 2018 was a manifestation of her effort to move along that continuum of alignment. As for her own legacy, Lewis is mindful of teaching her three young children the importance of collaboration and helping others, often bringing them to events. . Theres also a focus on food systems, workers rights and, most of all, BIPOC empowerment. Progressive benefactors are also adding an urgency to their spending, eschewing foundations that operate in perpetuity and creating models to spend their entire endowment in as little as 10 years. When I started All Star Code, I had to explain the entire history of segregation in this country and make a link from segregation to the wealth gap to entrepreneurialism and to the business sector and to boys and girls. He attended Reed College, Lake Forest College and the London School of Film. Katalys may end up proving even more so. Keep up with trends in family philanthropy. Join our community! Agbo noted that theres a link to be made between those questions and the democratic process itself. Gund received the National Medal of the Arts in 1997 from President Bill Clinton for her work, which included serving as thepresident of the Museum of Modern Art in New York. Read more: Billionaires from George Soros to Abigail Disney are begging to be taxed more. As a child, she starred in several big-name Hollywood productions, including "A Little Princess" and "Air Force One," alongside Harrison Ford. Philanthropists are starting to reflect on how we might provide guardrails to be more resilient and hopefully to prevent additional crisesto the extent possiblefrom happening.. Shes the daughter of Nicholas and Susan Pritzker, whose Libra Foundation has emerged as a leader in progressive philanthropy. This couple gives through the eponymous Heising-Simons Foundation, which boasts a climate and clean energy program, and a human rights program centered on countering the structural racism of mass incarceration and immigrant detention. Accessing these resources requires a subscription to Inside Philanthropy. The need for generational movement funding was one reason Kataly and a group of other fundersincluding some big newcomer donors to this workjoined the Libra Foundation last year to set up the Democracy Frontlines Fund. Like her sister Nancy Bagley, Nicole Bagley serves on the board of the Area Foundation, founded by their grandmother. Shes also the donor behind the Art for Justice Fund. Explore GrantFinder, a powerful resource for IP subscribers. Youll have to start your own. . This scion of the Walton family co-founded Wend, a social impact fund that has gotten behind progressive causes like Black-led organizing. Kataly seeks to boost community ownership and governance in alliance with social movements. I dont have to do that anymore.. Wong says institutional philanthropy has not only failed to offset skyrocketing wealth inequality, but has actually helped to perpetuate iteither by funding policy advocacy that benefits extractive practices, or simply by failing to properly resource organizations and movements proposing bold alternatives. The environmental justice grants also include several efforts specifically oriented toward COVID-19 relief, to which the foundation has dedicated over $7 million in rapid response funding. The couple support progressive advocacy and movement groups, and have been active with the Democracy Alliance. It feels a little different than having a very top-down mandate with a mission thats then carried out by people slotted into very particular roles, Pritzker said. Facebook co-founder Dustin Moskovitz and his wife Cari Tuna have pledged to give away their entire fortune during their lifetime. Jeffrey and Marilyn Katzenberg back health-related issues, particularly AIDS, and organizations that work on behalf of children. For Regan Pritzker, a member of one of America's wealthiest families and co-founder of the Kataly Foundation, coming to grips with those questions has been a lifelong project. Rather than focus primarily on federal or state policy advocacy, Kataly has taken the road less traveled in progressive philanthropy, supporting local practitioners of community ownership and governance of resources. Founded by her parents in 1987, the foundation primarily supports criminal-justice reform, education, gender and reproductive equity, Jewish causes and Israel, efforts to strengthen voting rights, and charities in the family's hometown of Tulsa, Okla. Schusterman is a businesswoman who spent a decade . Buffett isn't a hands-on philanthropist, but his kids are, and the interesting story here is what that next generation is doing with the billions that Buffett isn't turning over to the Gates Foundation. Subscribe to our newsletter! Kataly is a spend-out foundation created with assets from Regan Pritzker and Chris Olin, a wealthy white couple, to move resources in support of the economic, political and cultural power-building of Black and Indigenous communities and all people of color. Regan Pritzker Co-President, The Libra Foundation; Co-founder, Kataly Foundation Regan Pritzker is the co-founder of the Kataly Foundation and is currently serving as a board member, as well as a collaborator with the Restorative Economies Fund. We believe that all people deserve to live free of systemic oppression, economic insecurity, and environmental harm. The result has been Kataly, a foundation separate from Libra thats out to push boundaries and critique the philanthropic status quo. Shechtel is a hedge fund manager and one of three billionaires behind the publicity-shy Wellspring Philanthropic Fund, a font of liberal money. He was also a philanthropist, bestowing millions upon, The aftermath of George Floyds murder has spurred her to more action: Lewis recently cofounded Giving Gap, formerly known as, With her siblings, Pritzker served somewhat halfheartedly on the, Her work at Libra, which seeks to shift traditional philanthropy, with its top-down management and frequently onerous reporting requirements, to a more relationship-based and community-minded endeavor, helped persuade her to start the, Kataly funds nearly 300 organizations, an eclectic list that ranges from the, Since 2017, the New York City doyenne of philanthropy has spent more than $100 million fighting mass incarceration with her, In 1977, when the citys dire financial situation led to art classes being slashed at public schools, Gund rallied her art-world friends to help create, That sense of urgency has propelled Gund, a white heiress to a banking and real-estate fortune, to become a leader in the fight for criminal-justice reform. Studio now encompasses eight US cities, managed by two organizationsStudio in a School NYC and the Studio Institutewith a combined operating budget of $7 million. It is. NCFP is here to help you on every step of your philanthropic journey. Both Tompkins Buell and current husband Mark Buell are prominent Democratic donors, and she maintains a close relationship with the Clintons. A Swiss entrepreneur and billionaire, Wyss funds environmental conservation in the U.S., with additional grants going out the door to progressive policy nonprofits and intermediaries like the New Venture Fund. Hes also a donor organizer who helped found what is now the Threshold Foundation. Munger is a Harvard Law graduate who works as a civil rights attorney in Pasadena, California, according to the Los Angeles Times. The New York Citybased nonprofit mentors the students, leading most of them to major in computer science in college and ultimately to land jobs at blue-chip companies such as Microsoft, Facebook, JPMorgan Chase and Google. Nevertheless, the couples giving through the Chan Zuckerberg Initiative trends moderately progressive, with grants for anti-poverty research and community advocacy in California. Shes the daughter of Nicholas and Susan Pritzker, whose Libra Foundation has emerged as a leader in progressive philanthropy. She is also turning her attention to climate change, citing artist Maya Lins installation Ghost Forest in Madison Square Park as inspiration. There is some overlap between Katalys environmental justice and restorative economies grantees. Sir Fazle Hasan Abed Earharts fortune stems from the oil wealth of J. Paul Getty. (The couple were no strangers to tragedy: Their 24-year-old daughter had. English was a partner at corporate law firm Morgan, Lewis & Bockius in Los Angeles before cofounding a civil rights non-profit called The Advancement Project, his biography on the foundation's website states. Its fortune arose in the 20th centuryparticularly through the founding and expansion of the Hyatt hotel . Comprising a network of over 25 community-rooted loan funds, Seed Commons channels resources in a way marginalized communities will be able to control, sidestepping the usual top-down governance of traditional financeand philanthropic grantmaking. She served as the United States Secretary of Commerce for a term. David Pritzker, 51 Jacob N Pritzker, 40 Michael B Pritzker, 70 Miles Pritzker, 58 Rebecca J Pritzker, 52 Aaron B Pritzlaff, 45 Amanda M Pritzl, 38 Barbara L Pritzl, 76 Carl Pritzlaff, 78 Herbert E Pritzlaff, 95 Alongside Regan Pritzker and her husband Chris Olin (in addition to Susan Pritzker, whos also on the new foundations board), Katalys team includes CEO Nwamaka Agbo, an activist and consultant whose restorative economics framework plays a vital part in how Kataly moves its money. 03 Aug 2022 She is married to author and progressive thought leader Steve Phillips. After seeing Ava DuVernays documentary, In the four years since its inception, the fund has dispersed $92 million to 287 non-profits, while also raising nearly $25 million from over 100 individual donors, including art collectors, artists and incarcerated people. Stacy Schusterman, Regan Pritzker, . Susie Tompkins Buell founded The North Face along with her first husband Doug Tompkins. The eBay billionaire has largely focused his strategy on investing in social entrepreneurs, but also engages in grantmaking on a wide array of global issues. McIntosh has headed the environment-focused McIntosh Foundation since her husband Michael passed away in 2015. With her siblings, Pritzker served somewhat halfheartedly on the Libra Foundation, a social-justice family foundation started by her parents, but became more enthusiastic when she confronted her qualms. Marilyn and Jeffrey Katzenberg Foundation Beneficiaries include environmental policy organizations. English worked with fellow signee Molly Munger on a coalition lawsuit that won funding to build new public schools in Los Angeles in 2000, according to The Advancement Project. She has an incredible sense of timing, says Helena Huang, project director of Art for Justice. During the pandemic, Libra has aggressively increased its payout. Kathryn and James Murdoch launched the Quadrivium Foundation in 2013, endowing it with nearly $10 million in assets. Grantees include a strategically and geographically varied set of projects designed, for the most part, with local, grassroots control of economic decision-making in mind. [5] Career [ edit] The conversation is very exciting, with donors telling us, This is the nudge I needed, and families talking about values and what they wanted to give, says Jennifer, who delved into issues about money and family dynamics in her 2020 memoir, We Need to Talk. Gund founded non-profit production studio Aubin Pictures in 1996, according to her biography on the studio's website. Arcus also funds conservation work in Africa and Asia. . The solutions we need rest in communities impacted by systemic injustices; their work is often rooted in cultural traditions that they reclaim and apply in new and innovative ways. A UPS heir, John Swift started the Swift Foundation in 1999. Its both a repudiation of and a remedy for economic practices that concentrate wealth in the hands of the already wealthy, impoverishing communities that lack the clout to secure a share. on a black and white TV in my . View Regan Pritzker's professional profile on LinkedIn. Kataly Foundation, Founded in 2018. Disney criticized the 2017 Republican tax bill in a NowThis video, saying the bill unfairly benefited the wealthy. Gosh, theyve been quite busy transing kids and making money. The Salesforce founder has a major philanthropic profile in the Bay Area, where he has emerged as an advocate for anti-homelessness efforts. The letter isn't the first time that Disney has spoken out about tax reform. At home, interests include progressive media, the environment and judicial reform. He has long been a vocal Democrat and progressive, and backed Bernie Sanders 2016 presidential bid. I wanted to build on the legacy I was given. Working with her mother, she founded All Star Code and remains actively involved in students lives, exchanging direct messages and encouraging them to polish their LinkedIn pages.
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