Since its inception, #HalfMyDAF has inspired donors along with others who have now joined the Rishers in matching donations to move $19.2 million from donor-advised funds to nonprofits. Kataly Foundation, Founded in 2018. 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. In 2012, she advocated for a tax hike in California to boost funding for the state's public schools. Sagner has donated to the Movement for Black Lives. 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 Munger, 71, is the oldest daughter of Berkshire Hathaway vice chairman Charlie Munger. These Democratic donors give through the Growald Family Fund, which uses a venture philanthropy approach to support new groups working across the world on climate and sustainable energy. 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. Gosh, theyve been quite busy transing kids and making money. His grantmaking is picking back up again lately and prioritizes civil rights and community work. (The couple were no strangers to tragedy: Their 24-year-old daughter had. to become the online organizer for Barack Obama's first presidential campaign. Three married couples also signed the letter together, as well as one person who remained anonymous. a retired lieutenant colonel in the Illinois Army National Guard and the parent of three . 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. REGAN PRITZKER Age: 46 | Connection: Daughter of Nick, granddaughter of Jack A teacher who has three children. An heiress to the Pritzker family fortune, Simmons has a net worth of approximately $600 million, according to a 2013 Forbes article. Jennifer worked for Microsoft early in her career, as did David, and has long shared her largesse with organizations such as Planned Parenthood, the United Way and NPR. 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. 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. Jeffrey and Marilyn Katzenberg back health-related issues, particularly AIDS, and organizations that work on behalf of children. 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. 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. Last August, Pritzker signed into law a new public schools sex education bill that promotes gender identity ideology and other related material in grades K-12. "My mom's not a fancy, formal. Norman Lear co-founded People for the American Way, and the Lear Family Foundation frequently supports progressive advocacy, including for the environment. She is a prominent arts patron, collector of modern and contemporary art, and arts education and social justice advocate. Katalys name is a window into its philosophy. Gain access to personalized support and a network of peers. Hes also on the board of the Walton Family Foundation. Mark Mann Regan Pritzker grew up in Chicago, vaguely suffocated by seeing her famously philanthropic family's name on. Both Pritzker and Agbo emphasized the need to support structural change and movement building from the bottom up, via grantmaking that relinquishes funder control, and among the wealthy and privileged via intentional donor organizing. Subscribe to our newsletter! 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. Pritzker also serves as the board chair of her family's foundation, The Libra Foundation. Warren Buffetts daughter Susan Buffett founded the Omaha-based Sherwood Foundation, another entry in the Buffett familys collection of left-leaning philanthropies. that Hanauer is a longtime critic of America's income inequality. It was such a fun business, but I saw no Black or Latino people participating in the core of that, she says. Director and producer J.J. Abrams and his wife Katie McGrath have an active foundation that has given for education, policy, human services and the arts. 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. Based in Dallas, Texas, Embrey supports human rights work, with a focus on women. 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. They have encouraged others to adopt it and accelerate opportunity for the poorest. 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. from the University of Chicago. A mathematician and early employee at Google, desJardins gives through the Desjardins-Blachman Foundation along with his wife. That ethos contributed to Katalys decision to spend out rather than set itself up for perpetuity. Harnessing art as a force for good remains central to her approach. 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. San Francisco, CA 94129. Along with his wife, Cindy, Jay Pritzker had acted as a surrogate parent during Penny's difficult adolescent years. 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. They give through the Open Philanthropy Project, an amalgamation of the couples foundation Good Ventures and GiveWell. The son of Renaissance Technologies co-founder James Simons, Nat Simons moves money through the Sea Change Foundation. 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. While Jenifer Pritzker doles out money, J.B. Pritzker is changing policy in Illinois to support the familys agenda, Bilek writes. Philanthropist George Soros, 88, made his fortune running Quantum Fund, which was once the largest hedge fund in the world. Gund founded non-profit production studio Aubin Pictures in 1996, according to her biography on the studio's website. She isthe daughter of philanthropist Agnes Gund. J.B. Pritzker became governor of Illinois in 2019; his sister Penny Pritzker was Secretary of Commerce in the Obama Administration. 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. Top editors give you the stories you want delivered right to your inbox each weekday. Time to catch up on the Pritzker family both in Chicago, Illinois, and across the world. That trend, operating alongside wealth inequality unparalleled in living memory, has generated speculation about a new golden age of philanthropyin numerical termsbefitting what weve called a new Gilded Age. Fundamentals of Family Philanthropy Webinar Series. As a philanthropist shes been a friend to progressive nonprofits and takes an intensive personal involvement in JPB. McIntosh helped found Rachels Network. Restorative economies is where many of Agbo and Pritzkers critiques of extractive capital bear fruit. 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. Bowditch has previously advocated for raising taxes on the wealthy: In 2010, he signed an open letter to President Obama asking him to allow tax cuts for millionaires to expire, according to a CBS affiliate in Boston. 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. She is active in the JustTransition movement, taking leadership in moving progressive wealth holders and philanthropists to rethink their ethical framework for private investment. Fran Sussner Rodgers founded WFD Consulting, which she led for many years alongside her husband Charles. Following husband Steve Jobs death, Laurene Powell Jobs has pursued interests in education, immigration and the environment via the Emerson Collective. Accessing these resources requires a subscription to Inside Philanthropy. The former often benefit organizations working for community control of land and resources, such as the Earthseed Land Collective, the Federation of Southern Cooperatives and the Highlander Research and Education Center. The former New York City mayors stalled presidential ambitions showed that money can only go so far; nevertheless, he remains a pivotal funder of left-leaning endeavors like reducing gun violence and shuttering fossil fuel plants. NCFP is here to help you on every step of your philanthropic journey. The NBA legend once had a foundation, but it dissolved in the 1990s. 03 Aug 2022 Scott has now fully emerged as one of the nonprofit lefts most deep-pocketed allies. Were here to equip you with the tools you need to make a meaningful impact. Kataly seeks to boost community ownership and governance in alliance with social movements. This scion of the Walton family co-founded Wend, a social impact fund that has gotten behind progressive causes like Black-led organizing. David, after leaving Microsoft and later Amazon, founded Worldreader, an organization that has distributed over 67 million digital books to more than 18 million children and young adults since its founding in 2010. She's the daughter of Nicholas and Susan Pritzker, whose Libra Foundation has emerged as a leader in progressive philanthropy. Marilyn and Jeffrey Katzenberg Foundation The foundations Restorative Economies Fund invests in projects directly involving grassroots community partners. Celebrated contemporary artists, such as Glenn Ligon and Sarah Sze, teach classes, and the program also offers coveted training for public school art teachers. Kataly funds nearly 300 organizations, an eclectic list that ranges from the East Bay Permanent Real Estate Cooperative, which helps BIPOC communities purchase mixed-use and residential properties, and the Asian Pacific Environmental Network, a green advocacy group representing immigrant communities, to the Harvard Divinity School. 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. Keep up with trends in family philanthropy. The letter isn't the first time that Disney has spoken out about tax reform. Seattle-based tech investor Nick Hanauer and venture capitalist Leslie Hanauer support environmental, education and gun control causes. Keep up with trends in family philanthropy. Disney is a grandniece of Walt Disney, and works as a social activist and documentary filmmaker. Recently, Eric and Wendy Schmidt have taken steps in a progressive direction, including toward racial justice movement funding. Strykers Arcus Foundation has been one of the LGBTQ rights movements staunchest philanthropic backers. To date, All Star Code has graduated over 1,000 students, nearly 70 percent of whom qualified for free and reduced lunch and 95 percent of whom went on to college. states. The Prtizkers money goes toward not only the creation of new surgeries and drugs, but also toward promotion of cultural and linguistic changes to prop up these new identities and induce institutions and individuals to normalize them, writes Bilek. Contact NCFP for support! Moriah is a policy-oriented grantmaker with a number of program areas, including human rights, reproductive health, economic justice and Israel. She also told me that transferring wealth to community-owned and governed organizations allows us to build up the financial sustainability of those communities, of those projects. My discomfort came from recognizing that my wealth came at the expense of others, she says, and from realizing the issues she cared about profoundlyenvironmental and social injusticewere connected to the wealth inequalities from which she benefitted. He attended Reed College, Lake Forest College and the London School of Film. The third of Katalys primary program areas is Mindfulness and Healing Justice, where Pritzkers husband Chris Olin has focused his efforts. Steyer is well-known for his environmental giving, which encompasses both 501(c)(3) strategies as well as significant political funding. Want to get inside funders' heads? She is wonderfully impatient. Keep up with trends in family philanthropy. Pritzker's family is one of the richest in America, according to Forbes, building their fortune from the Hyatt hotel chain. In 2016, Forbes put the Pritzker family's net worth at $29 billion, making them the seventh-richest family in America at the time. 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. The couple plan to continue #HalfMyDAF, but while its helpful, the Rishers believe its not enough. We didnt insert ourselves in the process, Jennifer says. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. A granddaughter of oil baron H.L. Penny is his older sister and she also became involved in politics. 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?. Alongside his sister Susan, Sandler continues to bankroll progressive organizations. Pritzker Simmons and her mother Irene support similar causes through the IDP Foundation. A UPS heir, John Swift started the Swift Foundation in 1999. 3. Stein is the current President of the Moriah Fund, having succeeded his mother and Fund co-founder Mary Ann Stein. 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, Jennifer worked for Microsoft early in her career, as did David, and has long shared her largesse with organizations such as, The couple quickly hit upon a solution: targeting the money that was sitting at the readybut languishing in donor-advised funds, or DAFs, which hold an estimated $140 billion. regan pritzker parents. The goal is to spend down (or spend out, as Pritzker prefers to say) within roughly 10 years or so. 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. Louise Gund is an heir to the Gund family fortune and sister to prominent liberal philanthropist Agnes Gund. 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. It is. Pritzker was born in Chicago on 16 October 1945, son of Jack Nicholas Pritzker (1903-1979) and Rhoda Goldberg Pritzker (1914-2007). Shechtel is a hedge fund manager and one of three billionaires behind the publicity-shy Wellspring Philanthropic Fund, a font of liberal money. Theyre lessening reporting burdens on grantees and establishing more trusting relationships with the communities they want to help. 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. Through investments in the techno-medical complex, where new highly medicalized sex identities are being conjured, Pritzkers and other elite donors are attempting to normalize the idea that human reproductive sex exists on a spectrum, writes Jennifer Bilek.
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