It also led the team to adopt an integrated capital approach that embraces impact investments and a values-aligned portfolio alongside multi-year general support grants. 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 Foundation in 2018. The CEO of Universal Remote Control, Inc., Park gives through the eponymous Chang K. Park Foundation. 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. Youll have to start your own. . A mathematician and early employee at Google, desJardins gives through the Desjardins-Blachman Foundation along with his wife. (IL-06), Regan Deering (IL-13) and . Sign up for our email updates. 4 The extended Pritzker family is estimated to be worth over $32.5 billion. After seeing Ava DuVernays documentary 13th, which draws a direct line from slavery to mass incarceration, Gund began reading about the issue and seeking out Bryan Stevenson, Michelle Alexander and other experts. 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 . Soros has a net worth of $8.3 billion, according to Forbes. In 2015, Forbes estimated that the Gund family had a net worth of $3.4 billion and ranked them among the 100 wealthiest families in America. to become the online organizer for Barack Obama's first presidential campaign. 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 result has been Kataly, a foundation separate from Libra thats out to push boundaries and critique the philanthropic status quo. 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.. 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. Sue Pritzker holds up one-year-old son Jay Robert Pritzker, the future Gov. 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. 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. They give through the Future Justice Fund. Barbara Picower founded the JPB Foundation with a fortune her late husband acquired, partially as the largest beneficiary of the Madoff investment scandal. I want to cede my power and my capital to marginalized communities, and to the people on the ground helping those communities. Re-evaluating traditional philanthropy, Jennifer says, is essential to creating a healthy society, but, with many of us uncomfortable talking about money, transparency is not easy. Nevertheless, there is still plenty of room for experimentation and iteration in how Kataly envisions philanthropy, both in terms of how it operates, as well as its place in the broader progressive funding context. Fran Sussner Rodgers founded WFD Consulting, which she led for many years alongside her husband Charles. 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. View People Named Regan Pritzker in California. Interests include climate change mitigation and clean energy. regan pritzker parents. We were highly aware of all the money stuck in DAFs. The son of Renaissance Technologies co-founder James Simons, Nat Simons moves money through the Sea Change Foundation. Sagner heads the Sagner Family Foundation, which supports progressive advocacy and movement groups, both nationally and in its home region of New York. 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. The Pritzkers: There seems to be no shortage of Pritzker heirs with ambitious philanthropiesincluding Nicholas Pritzker, who runs the Libra Foundation with his wife Susan (see below) and J.B. Pritzker, who has worked with his wife M.J. to become one of the leading funders of early childhood learning. 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. Seattle-based tech investor Nick Hanauer and venture capitalist Leslie Hanauer support environmental, education and gun control causes. Mindich is an asset manager and impact investor who co-founded the progressive venture philanthropy shop Propel Capital. Eldridge was born in Canada and is married to Facebook cofounder Chris Hughes, who also signed the letter. Jack Dorsey Says Elon Musk Should Have Never Bought Twitter: It All Went South, Louis Vuitton Turned a South Korean Bridge Into a Massive Runway for Its Latest Fashion Show, David Byrne Rode His Bike to the Met Gala, East Bay Permanent Real Estate Cooperative, Change Your View: Inside Robb Reports May Design and Travel Issue, Michael B. Jordan Christened Tiffany & Co.s Flagship Store Opening With a Vintage Diamond-Studded Brooch, Chris Pratt Paired a Panerai Luminor With a Custom Purple Checked Suit for the Guardians of Galaxy Premiere, King Charless Coronation Will Cost U.K. Taxpayers an Estimated $125 Million. This allows me to make immediate impact and pivot more quickly if needed, she says. Hes a prominent supporter of LGBTQ causes as well as a major Democratic donor. There is some overlap between Katalys environmental justice and restorative economies grantees. She is active in the JustTransition movement, taking leadership in moving progressive wealth holders and philanthropists to rethink their ethical framework for private investment. 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. Regan Pritzker Board Member, Libra Foundation Investor Services Libra Case Study Social Enterprise Amplifier recognized an extraordinary program inside our organization and helped us make it visible on the global stage. A group of 19 ultra-wealthy Americans signed an open letter to 2020 presidential candidates asking them to support a wealth tax, a copy of the letter published byThe New York Times on June 24 shows. The aftermath of George Floyds murder has spurred her to more action: Lewis recently cofounded Giving Gap, formerly known as Give Blck, a platform connecting donors to over 700 Black-founded nonprofits. Heres a look at how this new activist foundation came to be and where its going. In 2016, Forbes put the Pritzker family's net worth at $29 billion, making them the seventh-richest family . I dont think traditional philanthropy has permission anymore to be holding all the cards, she says. Read more: Billionaires from George Soros to Abigail Disney are begging to be taxed more. His parents are Sue and Donald Pritzker. BIPOC communities experience systemic barriers in accessing the typical friends and family capital that wealthier communities have, Agbo says. Pritzker also serves as the board chair of her family's foundation, The Libra Foundation. 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. She served as the United States Secretary of Commerce for a term. He left the social network in 2007to become the online organizer for Barack Obama's first presidential campaign. Eldridge was born in Canada and is married to Facebook cofounder Chris Hughes, who also signed the letter. Apply to join the directory. Access your favorite topics in a personalized feed while you're on the go. Of the 19 people who signed the letter, one chose to remain anonymous. He was also a philanthropist, bestowing millions upon Howard University and Harvard Law School, his alma mater, as well as homeless shelters and churches. Philanthropy can no longer afford to have our endowments and investments working at cross-purposes, undermining the campaigns, organizing tactics and strategies that our grant partners are fighting for, Agbo wrote in an introductory primer on Katalys approach. The language around systemic racism has been really empowering, she says. So many of the ways communities have experienced voter suppression [have] been to deny them access in recognizing their power, and the importance of being able to make decisions about their livelihood, she said. His daughter, who wore his monogrammed shirt for Robb Reports photo shoot in tribute to him, grew up in privilege and studied at Harvard. Facebooks failings have tarnished Zuckerbergs reputation for many. 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. 3 Women Share Lessons From Running Family Foundations This is the rainy day. Burbanks philanthropic interests emphasize the environment, with additional grants to progressive advocacy groups. Karen Pritzker Age: 53 Primary residence: Connecticut Married, four children Occupation: Philanthropist Activities: A former editor at Working Mother and McCall's magazines, she is a co-founder. Meet the 18 Ultra-Wealthy Americans Asking for a Wealth Tax 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. She is also turning her attention to climate change, citing artist. Bilek cites as an example the 2018 effort by the Pritzker-funded Ronald Reagan Medical Center at UCLA to coin the term "gender-affirming care" while offering medical procedures for young females who want to have their reproductive organs removed. While some have transparent foundations, many more do their giving in an opaque fashion that can frustrate fundraisers. Regan Pritzker - InfluenceWatch - InfluenceWatch She supports racial justice organizing through the Daphne Foundation and has been critical of corporate compensation at the Walt Disney Company. 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. Like her sister Nancy Bagley, Nicole Bagley serves on the board of the Area Foundation, founded by their grandmother. I should pay more taxes, we need to increase minimum wage, we need a higher social safety net, we need to make reparations. In particular, she supports the Accelerating Charitable Efforts Act, bipartisan legislation that would require DAF holders to distribute their funds within 15 years in order to receive upfront income-tax deductions. She's the daughter of Nicholas and Susan Pritzker, whose Libra Foundation has emerged as a leader in progressive philanthropy. The team does see connections between this component of Katalys work and its systems change grantmaking. Regan Deering, a plaintiff named in the suit against Governor Pritzker's mask mandate in schools released the following statement: Article continues after sponsor message Munger, 71, is the oldest daughter of Berkshire Hathaway vice chairman Charlie Munger. 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. Part of our work is to support our own just transition, Pritzker said. Blanks former husband, Arthur Blank, co-founded Home Depot. The NBA legend once had a foundation, but it dissolved in the 1990s. 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. Its really a collection of activists who have found a home together for a period of time to make the change in the world were all trying to accomplish.. Qualifying donors nominated nonprofits, and the Rishers selected grantees at random from a vast array of organizations, including the Alzheimers Association, the Chinese Progressive Association, Earthjustice and the Equal Justice Initiative. Kataly Foundation Were here to equip you with the tools you need to make a meaningful impact. 1 Letterman Drive Suite C4-420. Abigail Disney isn't the only wealthy heir to speak out about - CNN We knew that nonprofits were strapped and stressed, and we thought, What can we do to help? , 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. Louise Gund is an heir to the Gund family fortune and sister to prominent liberal philanthropist Agnes Gund. In 2016, Forbes put Hughes' net worth at $430 million. A UPS heir, John Swift started the Swift Foundation in 1999. The Pritzker family tree - Chicago Tribune 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. 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. 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.

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