When I look at philanthropy, its white people of privilege controlling the wealth, she says. 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. 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 Studio in a School, bringing instruction and working artists directly into classrooms. When you look at the crises in aggregate, what were seeing is an inability to recover. Filing Date: November 19, 2013. Regan Pritzker grew up in Chicago, vaguely suffocated by seeing her famously philanthropic familys name on schools, hospitals and even parks. 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. Some of the richest people in the United States support progressive causes and the number of such donors has grown in recent years amid a vast influx of wealth into philanthropy. Eldridge, 32, is a political activist and former congressional candidate in New York, according to Vanity Fair. This allows me to make immediate impact and pivot more quickly if needed, she says. These givers have acquired their fortunesin different ways, including finance, tech,inheritance, and divorce or widowhood. 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. 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. Pritzker has made a point of involving herself in progressive donor organizing platforms like Resource Generation and Solidaire, where participants are willing to lean into the taboo topic of personal wealth. 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. on a black and white TV in my . Featuring the perspectives of innovative donors and a faculty made up of donors, board members, and highly respected philanthropy experts, this virtual seminar covers: Translating values and goals into action Connecting family legacy and, Fundamentals of Family Philanthropy Webinar Series. Read more: Wealthy investor Nick Hanauer says the US economy mints billionaires while many Americans are struggling, and there's no excuse for it. 3. Munger, 71, is the oldest daughter of Berkshire Hathaway vice chairman Charlie Munger. Gund also continues to personally donate to nonprofits that she loves and adores in the field, such as Puppies Behind Bars, which trains prison inmates to raise service dogs for wounded war veterans and first responders. 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. 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. You can use the tool below to search Inside Philanthropy's research guides for the individualson this list and other funders. The NBA legend once had a foundation, but it dissolved in the 1990s. Kataly Foundation, Founded in 2018. 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. Shes also the donor behind the Art for Justice Fund. Described by the Washington Post as "18 ultrarich liberals," including Regan Pritzker and Liesel Pritzker Simmons, Hyatt hotel heirs and relatives of Illinois Gov. Pritzker Simmons and her mother Irene support similar causes through the IDP Foundation. She has an incredible sense of timing, says Helena Huang, project director of Art for Justice. 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. . Liesel Pritzker Simmons, who sued her father and the. As with all of Katalys program areas, restorative economics centers racial justice, supporting grantees focused on the financial empowerment of BIPOC communities. They include the environment; youth, arts, and education; corporate and market campaigns; and alternative media. Regan Pritzker is the daughter of Nicholas J. Pritzker, who had been CEO and chairman of the board of Hyatt Hotels Development Corporation. 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. Norman Lear co-founded People for the American Way, and the Lear Family Foundation frequently supports progressive advocacy, including for the environment. Our intention is to be a partner that supports these solutions, leading to lasting regeneration that transforms us all. Fran Sussner Rodgers founded WFD Consulting, which she led for many years alongside her husband Charles. On Tuesday, EPA Administrator Michael S. Regan announced that President Biden will appoint Shore, who has been a leading voice for water quality and management, to become EPA's regional administrator for Region 5, which covers six states, including Illinois, and 35 tribes. Youll have to start your own. . To the tune of $1.4 million, Kataly backed 23 Black-led organizing outfits and racial justice movement projects like the BlackOUT Collective, Black Organizing for Leadership and Dignity (BOLD), Dream Defenders, and the Anti Police-Terror Project. After working as a journalist at The Wall Street Journal for five years, Lewis attended her first tech conference in 2011 and noted the industrys dynamism. [5] Career [ edit] This is the moment. Bilek refers to the emerging, radical gender beliefs as separate spheres ideology, a term which goes beyond a push for equal rights for LGBTQ people and portrays biological sex as existing on a spectrum that can be altered with surgery and drugs. Pike is a longtime progressive activist whose biggest claim to fame in the world of liberal philanthropy is the Tides Foundation, which he founded in 1976. 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. She is on the Democracy Alliance board and has also held leadership roles in Planned Parenthood and the Democratic Party itself. J.B. Pritzker signed legislation that amends the state's sports betting law that will finally allow bets to be made on in-state college sports teams while lifting the ban on online . LinkedIn is the world's largest business network, helping professionals like Regan Pritzker discover inside connections to recommended . Hanauer, 60, is an entrepreneur and investor. 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. 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. In 2016, Forbes put the Pritzker family's net worth at $29 billion, making them the seventh-richest family in America at the time. Cohen founded Ben & Jerrys ice cream with Jerry Greenberg in the 1970s. Nevertheless, the couples giving through the Chan Zuckerberg Initiative trends moderately progressive, with grants for anti-poverty research and community advocacy in California. Bowditch is a Massachusetts-based lawyer who serves on the board of trustees of the Bigelow Laboratory for Ocean Sciences, according to her biography on the Laboratory's website. 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. 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. Blanks former husband, Arthur Blank, co-founded Home Depot. Strykers Arcus Foundation has been one of the LGBTQ rights movements staunchest philanthropic backers. Meant to conjure the idea of catalyst, the name emerged serendipitously from the teams initial discussions. Were here to equip you with the tools you need to make a meaningful impact. We know that what is politically feasible is not what is ultimately necessary.. To Pritzker, Kataly is a logical extension of the grant-making approach of the Libra Foundation, a grant maker she and her family started in 2002. Over the past several years, however, Pritzker has come into more of her own inheritance, measured in the hundreds of millions. 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. A UPS heir, John Swift started the Swift Foundation in 1999. 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. She is also turning her attention to climate change, citing artist. For Regan Pritzker, a member of one of Americas wealthiest families and co-founder of the Kataly Foundation, coming to grips with those questions has been a lifelong project. Racial, economic and environmental justice are key early priorities for Kataly. Were here to equip you with the tools you need to make a meaningful impact. The language around systemic racism has been really empowering, she says. The Kataly Foundation was created in 2018 by Regan Pritzker and Chris Olin. In 2019, he issued an executive order titled Strengthening Our Commitment to Affirming and Inclusive Schools, to support trans children. Want to get inside funders' heads? Weve been showing up at a significant enough scale to get peoples attention in the philanthropy world, and therefore to serve as an invitation to others. Identifying and contacting leading progressive philanthropists is not easy. A Democratic mega-donor, Stryker moves her philanthropy through the Bohemian Foundation, a Colorado-based regional grantmaker that also backs left-leaning national think tanks. Kataly is an up-and-coming progressive grantmaker founded by Regan Pritzker, whose parents Nicholas and Susan Pritzker give through the movement-oriented Libra Foundation. 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. NCFP is here to help you on every step of your philanthropic journey. During the pandemic, Libra has aggressively increased its payout. An early tech winner with Quark, Gill went on to become one of the top LBGTQ philanthropists of recent times and is still going strong with the Gill Foundation. There is some overlap between Katalys environmental justice and restorative economies grantees. Like her father Blair Hull, Megan Hull is a Democratic donor who also helps lead the Hull Family Foundation in its progressive grantmaking. By subscribing, I agree to the Terms of Use and Privacy Policy. Dorseys role at the helm of Twitter earns him frequent mention in the news. Following the examples of donors like MacKenzie Scott, who has given away more than $8 billion in short order with a no strings attached approach, philanthropists are revamping their protocols. 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. 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. We recognize that while we are resourcing projects to address systems and structural change, systems are made up of people, Agbo said. Scotts divorce from Jeff Bezos secured her a fortune in Amazon stock that placed her among the worlds very richest. 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. She isthe daughter of philanthropist Agnes Gund. Keep up with trends in family philanthropy. pists are revamping their protocols. "My mom's not a fancy, formal. 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. About UsContact UsConsultants DirectoryFAQ & HelpTerms of UsePrivacy Policy, Individual Subscriptions Multi-User Subscriptions , At the Kataly Foundation, a Pritzker Heir Pursues the Democratization of Wealth, joined the Libra Foundation last year to set up the Democracy Frontlines Fund, It's Time for Philanthropy to Be as Bold as Leaders on the Front Lines of Social Change, What It Looks Like When a Multigenerational Family Foundation Makes All Voices Equal, For Real Climate Justice, Philanthropy Must Support the Front Lines, Fund Early and Fund Big, Backed By Diverse Funders, Liberation Ventures Is Pushing for Reparations and a "Culture of Repair", For This Funder Collaborative, the Road Back to Abortion Access Leads Through the States, Frontline 360 Is Helping Grassroots Groups Land Federal Dollars and Building a Movement, Funded to Win. These 11 Funders and Counting Are Stepping Up for Black Feminist Movements, How Both ENDS Director Danielle Hirsch Is Using Philanthropy, Advocacy and More to Shift Power, This Small Family Foundation Had the Labor Movements Back Before It Was Cool. Of the 19 people who signed the letter, one chose to remain anonymous. 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. The team does see connections between this component of Katalys work and its systems change grantmaking. 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. 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. For us, thats the clear way to make these resources durable and have a benefit that outlives our foundation.. Along with wife Lisa, Goldman supports progressive think tanks and advocacy through the Lisa & Douglas Goldman Fund. Its fortune arose in the 20th centuryparticularly through the founding and expansion of the Hyatt hotel . netted him a fortune, which he employs to support causes like LGBTQ rights, gun violence prevention and civic programming in Los Angeles. 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. Decades ago, when Agnes Gund was just beginning to explore charitable giving, her mentor, the late philanthropist Irene Diamond, provided seminal advice. 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. (Vince Talotta/Toronto Star via Getty Images). He has a masters degree from UC Berkeley and serves on the board of the university's Goldman School of Public Policy. Penny is his older sister and she also became involved in politics. Were at a point of inflection for philanthropy. File Number: 201332310199. 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. 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. Mike Novogratz chairs the board of The Bail Project and has a strong interest in criminal justice reform. Sir Fazle Hasan Abed 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. 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. In terms of process and ideology, Libras grantmaking is already pretty progressive. 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. He appointed a task force to show local school districts how to strengthen protections for transgender, nonbinary, and gender nonconforming students.. 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. Taylor is one of three liberal billionaires who founded the Wellspring Philanthropic Fund, a key funder of voter engagement initiatives, progressive think tanks and movement organizations. 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. Steyer is well-known for his environmental giving, which encompasses both 501(c)(3) strategies as well as significant political funding. Explore GrantFinder, a powerful resource for IP subscribers. Business Insider previously reported that Hanauer is a longtime critic of America's income inequality. Omidyar is a major media funder and has recently begun backing worker power. Pritzker was born in Chicago on 16 October 1945, son of Jack Nicholas Pritzker (1903-1979) and Rhoda Goldberg Pritzker (1914-2007). 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. 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. Accessing these resources requires a subscription to Inside Philanthropy. 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. The margin seems small considering Pritzker spent $38 million during the past quarter compared to Bailey's $1.6 million. The foundation has a notably short 10-to-15-year horizon to spend out its assets and directs them to communities of color. Celebrated contemporary artists, such as Glenn Ligon and Sarah Sze, teach classes, and the program also offers coveted training for public school art teachers. From @bjportraits The Billionaire Family Pushing Synthetic Sex Identities (SSI) Tablet Magazine https://t.co/2LR06p3ZvV, Partners for Ethical Care (@ethical_care) June 15, 2022. Check out IPs directory of philanthropy and fundraising consultants. A successful investor, Hull sought the Democratic nomination for U.S. Senate in Illinois in 2004, a primary race he lost to a rising Barack Obama. Crucially, Agbo notes, Katalys program directors come out of direct lived and movement-building experience, which helps them build trust. Career 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. Chairman of The Stride Rite Charitable Foundation. Together they established the New Community Fund, which supports progressive infrastructure groups. Subscribe to our newsletter! Simmons is the heir to a family fortune that stems from the construction of locks on the Erie Canal, Getty Images / Vaughn Ridley / Contributor.
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