She created the Kendeda Fund in 2003, but only came to light as its principal donor in 2015. As a yoga and meditation practitioner, Olins influence may be at play in this section of Katalys portfolio, which includes grants to places like the East Bay Meditation Center, the Buddhist Peace Fellowship and Insight Meditation Community of Washington. 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. Katalys may end up proving even more so. 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. The family, whose fortune was built on the Hyatt hotel chain, includes the governor, former Obama administration Secretary of Commerce Penny Pritzker and philanthropist Jennifer Pritzker, who was born a male and served in the Illinois National Guard. The NBA legend once had a foundation, but it dissolved in the 1990s. Today, Swift is an environmental funder that predominately funds work arising from Indigenous people and their local communities. AES Corporation founder Roger Sant gives to support urban sustainability and women and girls rights through the Summit Foundation. Warren Buffetts daughter Susan Buffett founded the Omaha-based Sherwood Foundation, another entry in the Buffett familys collection of left-leaning philanthropies. Theres this whole wait for a rainy day mentality, she says. Stacy Schusterman, Regan Pritzker, . Gund founded non-profit production studio Aubin Pictures in 1996, according to her biography on the studio's website. Today, Tides is an crucial fiscal sponsor, DAF sponsor and donor organizing outfit on the left. Decades ago, when Agnes Gund was just beginning to explore charitable giving, her mentor, the late philanthropist Irene Diamond, provided seminal advice. Disney is a grandniece of Walt Disney, and works as a social activist and documentary filmmaker. Seattle-based tech investor Nick Hanauer and venture capitalist Leslie Hanauer support environmental, education and gun control causes. Annual IP membership required. Transit agencies across the country are broadcasting public service announcements recorded by children with autism for Autism Awareness Month . Nicholas J Pritzker - Alchetron, The Free Social Encyclopedia All of this is based upon Agness vision of equity and inclusion and serving the communities that need us most, says Alison Scott-Williams, president of Studio in a School NYC. It references the Greek root of the word, spelled with a k. Like any chemical catalyst, the Kataly Foundation is intended as a means to an end, not an end in itself. Pritzker also serves as the board chair of her family's foundation, The Libra Foundation. Munger, 71, is the oldest daughter of Berkshire Hathaway vice chairman Charlie Munger. One example is Seed Commons, the recipient of a $1.3 million grant and a $2 million investment. She is also turning her attention to climate change, citing artist Maya Lins installation Ghost Forest in Madison Square Park as inspiration. a retired lieutenant colonel in the Illinois Army National Guard and the parent of three . All Star Code has broken this ground with tech and media companies, Lewis says, and has inspired AT&T, JPMorgan Chase, Goldman Sachs and other major corporations to contribute by serving as sites for the courses and helping with college-search and job-placement efforts. Her horror prompted her to sell one of her favorite paintings, Roy Lichtensteins 1962 Masterpiece, and use $100 million from the proceeds to start the Art for Justice Fund. About Us | Libra Foundation All of the individualslisted here have a history of supporting progressive organizations. How the next-gen Pritzkers are spending the family fortune Private individuals with wealth shouldnt be the ones determining where community resources should go.. Cohen founded Ben & Jerrys ice cream with Jerry Greenberg in the 1970s. Hes a prominent supporter of LGBTQ causes as well as a major Democratic donor. 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. We were highly aware of all the money stuck in DAFs. Gosh, theyve been quite busy transing kids and making money. Theyre lessening reporting burdens on grantees and establishing more trusting relationships with the communities they want to help. Business Insider's Rich Feloni previously reported that Hanauer has said he's not a billionaire, but that, as both he and his wife have signed The Giving Pledge, their combined net worth at least approaches the $1 billion threshold. Mindich is an asset manager and impact investor who co-founded the progressive venture philanthropy shop Propel Capital. This early tech entrepreneur gives in a variety of areas, including progressive policy, education, libraries, and arts. Regan Pritzker is the daughter of Nicholas J. Pritzker, who had been CEO and chairman of the board of Hyatt Hotels Development Corporation. Shes the daughter of Nicholas and Susan Pritzker, whose Libra Foundation has emerged as a leader in progressive philanthropy. 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. 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. Pritzker family - Forbes Keep up with trends in family philanthropy. The Bay Area is a priority. In addition to green mainstays like the NDRC and Greenpeace, the foundation backs progressive advocacy groups like the Alliance for Justice. CHICAGO (AP) Illinois' governor signed legislation Friday to repeal a requirement that parents or guardians be notified when a minor is seeking an abortion, calling it an effort to safeguard. J.B. Pritzker and his powerful billionaire family, including his transgender cousin, are at the forefront of pushing a radical gender ideology in schools and medical facilities, according to a new report. from the University of Chicago. Some good examples include the Black Cultural Zone Community Development Corporation, Native Renewables, Prospera Community Development and the ONE DC Black Workers & Wellness Center. The finance billionaire and Open Society Foundations founder is a titan of progressive giving at home and abroad, having earned the gratitude of left-leaning nonprofits and the ire of the right. Facebook co-founder Dustin Moskovitz and his wife Cari Tuna have pledged to give away their entire fortune during their lifetime. According to a grantee breakdown on Katalys website, the Restorative Economies Fund has carried out the highest dollar amount of grantmaking so far, with Agbo managing that work herself. Rosenstein, 36, is the cofounder of workplace collaboration software Asana. In 2012, she advocated for a tax hike in California to boost funding for the state's public schools. Abroad, the foundation backs peace and security efforts, economic opportunity and human rights. Kathryn and James Murdoch launched the Quadrivium Foundation in 2013, endowing it with nearly $10 million in assets. Do Not Sell or Share My Personal Information. Contact NCFP for support! As a philanthropist shes been a friend to progressive nonprofits and takes an intensive personal involvement in JPB. A granddaughter of oil baron H.L. She is wonderfully impatient. From the start, Pritzker knew she wanted to set up a giving vehicle distinct from Libra, which she described as a shared project with her parents and siblings. eputy chair of the Open Society Foundations, a nonprofit founded by his father. They first backed him when he was a restaurateur and. Gund, 81, used the fortune she inherited from her father, the president of an Ohio-based bank, to become a noted philanthropist in arts and social justice, according to The New York Times. Sue Pritzker holds up one-year-old son Jay Robert Pritzker, the future Gov. These innovations come as charitable giving in the US is rising, with American individuals, bequests, corporations and foundations contributing $471.44 billion in 2020, up nearly 4 percent from 2019 when adjusted for inflation, according to statistics from the Giving USA Foundation. Want to get inside funders' heads? Pritzker also serves as the board chair of her family's foundation, ofounder and principal of impact investing firm Blue Haven Initiative alongside his wife and fellow signatory Liesel Pritzker Simmons, according to the firm's. Pritzkers own concerns about how wealth operates led her to take center stage as the Libra Foundation undertook a process to align its investments with its mission six years ago. Kataly Foundation After Jay Pritzker died in 1999, his children and nieces and nephews, again leaving out Liesel and Matthew, made a secret pact to liquidate the family businessa complete repudiation of Jay's wishesand distribute the money among themselves. Family photo The sadness still shows in J.B. Pritzker's eyes when he talks about his mother Sue the woman the governor credits with instilling his early interest in abortion rights and progressive activism. In a March 2019 interview with The Cut, Disney stayed mum on the exact size of her inheritance but noted that she could be a billionaire if she wanted to, adding that she has donated $70 million over the past 30 years. Hes a steady backer of environmentalist and LGBTQ causes, and has served on the boards of the Natural Resources Defense Council and the Rocky Mountain Institute. A former Microsoft executive and CEO of the Bill & Melinda Gates Foundation, Raikes own giving through the Raikes Foundation prioritizes educational equity, combating youth homelessness and philanthropic field-building. We need policy changes, Jennifer says. But a first step to approaching these donors is to know who they are. Pritzker's family is one of the richest in America, according to Forbes, building their fortune from the Hyatt hotel chain. 10 Things You Didn't Know About JB Pritizker - Money Inc on a black and white TV in my . Daughter of billionaire liberal donor James Simons, Cappell is behind the Foundation for a Just Society. . Read more: Wealthy investor Nick Hanauer says the US economy mints billionaires while many Americans are struggling, and there's no excuse for it. The countrys racial reckoning, particularly around health disparities highlighted by Covid, has fueled her sense of urgency, prompting her to invest with Black women and Latina fund managers. 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. Co-President, The Libra Foundation; Co-founder, Kataly Foundation. Identifying and contacting leading progressive philanthropists is not easy. It is. View People Named Regan Pritzker in California. Chris Olin Susan Pritzker We need to move that money.. Along with his wife, Cindy, Jay Pritzker had acted as a surrogate parent during Penny's difficult adolescent years. 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. Led by Nwamaka Agbo, a social-justice activist who developed a restorative economics framework, Kataly was capitalized with $445 million and focuses on economic and environmental justice, community wealth-building and mindfulness training. 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 Learn More Team Staff Strategic Advisors Nevertheless, the couples giving through the Chan Zuckerberg Initiative trends moderately progressive, with grants for anti-poverty research and community advocacy in California. Browse the listings for your next project. In 2016, Forbes put the Pritzker family's net worth at $29 billion, making them the seventh-richest family . Simmons is the heir to a family fortune that stems from the construction of locks on the Erie Canal, Getty Images / Vaughn Ridley / Contributor. Hes also a donor organizer who helped found what is now the Threshold Foundation. 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. Pritzker Simmons and her mother Irene support similar causes through the IDP Foundation. Kataly's emerging mission centers on promoting social justice and racial equity in communities most impacted by injustice. In addition to supporting community ownership projects directly, the Restorative Economies Fund backs complementary organizing and advocacy through groups like the Center for Economic Democracy, Restore Oakland and the Right to the City Alliance. They give through the Future Justice Fund. 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. Progressive Foundations - Blue Tent Katalys name is a window into its philosophy. The language around systemic racism has been really empowering, she says. Kataly has organized its work into three main program areas: restorative economies, environmental justice, and mindfulness and healing justice. The Pritzkers are active in backing a techno-medical complex that includes big banks, pharmaceutical giants, and major corporations who seek to undermine the idea that humans are a species with two distinct sexes. Lewis is fostering those high standards through All Star Code, which she founded in 2013. 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). Going forward, itll be vital for Kataly not only to help its grantees sustain themselves, but to expand their collective movement and its funding sources. The New Rules of Old Money - Harper's BAZAAR Hiatt, 90, is the former president of shoe company Stride Rite, according to Bloomberg. She also helps lead the Sapelo Foundation, also founded by the Reynolds family. Join our community! A graduate of UC Berkeley and Stanford, Pritzker is an elementary school teacher and has three children, according to a biography of her on the website of the Global Greengrants Fund, an organization she serves on the board of. 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. Eldridge was born in Canada and is married to Facebook cofounder Chris Hughes, who also signed the letter. Sandler is a trustee of the Sandler Foundation, founded by his late parents Herb and Marion. She is the wife of fellow signee Robert S. Bowditch. A UPS heir, John Swift started the Swift Foundation in 1999. regan pritzker parents - MitoCopper J.B. Pritzker eyes mother's legacy in push for leadership role on Together they established the New Community Fund, which supports progressive infrastructure groups. 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. 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, Getty Images / Jared Siskin / Contributor, National Medal of the Arts in 1997 from President Bill Clinton for her work, which included serving as the. (Vince Talotta/Toronto Star via Getty Images). Simmons is the heir to a family fortune that stems from the construction of locks on the Erie Canal, according to Forbes. Kids With Autism Have a Message for Transit Riders. At Kataly, she said, Were still developing what it looks like to have enough liquidity in the endowment investing so we can move grants at the scale we want to move them, while trying to minimize the conflict in our investing. In that context, the rough 10-year timeframe for spending down is a way for the team to stay disciplined about moving money. This, And so they have: In May 2020, the couple joined with. At 83 years old, Gund remains sharply focused on making her philanthropic dollars stretch, often awarding multiyear grants to ease the burden on nonprofits and providing direct support rather than funneling money through other foundations, which then fund grantees and sometimes take administrative fees. Fundamentals of Family Philanthropy Webinar Series. Jeffrey and Marilyn Katzenberg back health-related issues, particularly AIDS, and organizations that work on behalf of children. It felt very self-congratulatory, instead of focusing on community and the true root of Jewish philanthropy, which is to be more anonymous in your giving, says Pritzker, who distanced herself by moving to California and working as an elementary schoolteacher. How eight elite San Francisco families funded Gavin Newsom's political 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. Silberstein founded library technology company Innovative Interfaces, according to Ballotpedia. McIntosh has headed the environment-focused McIntosh Foundation since her husband Michael passed away in 2015. Recently, Eric and Wendy Schmidt have taken steps in a progressive direction, including toward racial justice movement funding. Top editors give you the stories you want delivered right to your inbox each weekday. In 2016, Forbes put Hughes' net worth at $430 million. to become the online organizer for Barack Obama's first presidential campaign. She may be related to some of the most prominent figures in conservative philanthropy, but this Wisconsin-based heiress has charted a different course with donations to progressive women'srights groups and Democratic political contributions. 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.. But the amount of money available to donors is only one part of the story.

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