regan pritzker parents

Kataly was created at the end of 2018 with $445 million in assets, a sum that Pritzker indicated represents only a part of her wealth. Recently, Eric and Wendy Schmidt have taken steps in a progressive direction, including toward racial justice movement funding. Like her sister Nancy Bagley, Nicole Bagley serves on the board of the Area Foundation, founded by their grandmother. Katalys may end up proving even more so. states. McIntosh has headed the environment-focused McIntosh Foundation since her husband Michael passed away in 2015. The San Francisco grant maker has hired an expert in racial, social, and environmental justice to be its first CEO. Browse the listings for your next project. Keep reading to learn more about the 18 known people who asked for a wealth tax, listed in alphabetical order. 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 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.. Kataly's emerging mission centers on promoting social justice and racial equity in communities most impacted by injustice. Kids With Autism Have a Message for Transit Riders. 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. She is president of San Francisco-based Libra Foundation, which was founded by her. 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. Keep up with trends in family philanthropy. In 2016, Forbes put Hughes' net worth at $430 million. 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. 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. Katalys name is a window into its philosophy. The couple plan to continue #HalfMyDAF, but while its helpful, the Rishers believe its not enough. 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. Fran Sussner Rodgers founded WFD Consulting, which she led for many years alongside her husband Charles. 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. 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. Simmons is the heir to a family fortune that stems from the construction of locks on the Erie Canal, Getty Images / Vaughn Ridley / Contributor. Check out IPs directory of philanthropy and fundraising consultants. Alongside his sister Susan, Sandler continues to bankroll progressive organizations. regan pritzker parents. 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. Bohnetts career as an early internet entrepreneur (remember GeoCities?) The result has been Kataly, a foundation separate from Libra thats out to push boundaries and critique the philanthropic status quo. Covid has spotlighted the reality of economic and racial inequality, and were facing climate change in new ways, says Jennifer. Libras expanding profile has much to do with Regan herself, who worked for years to shape the family philanthropys approach as a member of the foundations board. 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. Michael and Sukey Novogratz donate through Galaxy Gives, which takes its aim at barriers created by structural poverty, oppression, and racism. 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. Were here to equip you with the tools you need to make a meaningful impact. As with all of Katalys program areas, restorative economics centers racial justice, supporting grantees focused on the financial empowerment of BIPOC communities. 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. Pritzker was born in Chicago on 16 October 1945, son of Jack Nicholas Pritzker (1903-1979) and Rhoda Goldberg Pritzker (1914-2007). Accessing these resources requires a subscription to Inside Philanthropy. This is the rainy day. 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, 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, philanthro. 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. We need to move that money.. The goal is to spend down (or spend out, as Pritzker prefers to say) within roughly 10 years or so. A decade later, it tripled in size as it absorbed assets from Swifts mothers foundation. 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. 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. The Bay Area real estate billionaires (and their children) are familiar faces in the regional philanthropy scene. We were highly aware of all the money stuck in DAFs. 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. Hes also a donor organizer who helped found what is now the Threshold Foundation. Silberstein founded library technology company Innovative Interfaces, according to Ballotpedia. An investor, Albright gives through the ARIA Foundation. Eldridge was born in Canada and is married to Facebook cofounder Chris Hughes, who also signed the letter. 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. 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. 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. Beneficiaries include environmental policy organizations. Staff of the Boston Impact Initiative, an integrated capital fund working to close the racial wealth divide in Eastern Massachusetts. In 2016, Forbes put the Pritzker family's net worth at $29 billion, making them the seventh-richest family in America at the time. In addition to green mainstays like the NDRC and Greenpeace, the foundation backs progressive advocacy groups like the Alliance for Justice. The language around systemic racism has been really empowering, she says. Katalys may end up proving even more so. Meant to conjure the idea of catalyst, the name emerged serendipitously from the teams initial discussions. For us, thats the clear way to make these resources durable and have a benefit that outlives our foundation.. Keep up with trends in family philanthropy. Together they established the New Community Fund, which supports progressive infrastructure groups. Through the Hull Family Foundation, he supports causes like reproductive rights and drug policy reform. His daughter, who wore his monogrammed shirt for Robb Reports photo shoot in tribute to him, grew up in privilege and studied at Harvard. But the pandemic made them rethink their approach to giving. Pritzker Simmons and her mother Irene support similar causes through the IDP Foundation. HAPPENING TODAY AT 2 PM ET: Our Chair Stacy Schusterman will join Chronicle of Philanthropy editor Stacy Palmer as well as philanthropists, Anne Earhart and Regan Pritzker, for a conversation about trends in philanthropy. Photo: STILLFX/shutterstock. 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. NCFP is here to help you on every step of your philanthropic journey. She served as the United States Secretary of Commerce for a term. 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. 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. But the amount of money available to donors is only one part of the story. Agbo added that in addition to conversations about grantmaking, its important to engage wealthy individuals around aligning their investment practices with their stated values. You can use the tool below to search Inside Philanthropy's research guides for the individualson this list and other funders. Disney is a grandniece of Walt Disney, and works as a social activist and documentary filmmaker. 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. View People Named Regan Pritzker in California. That ethos contributed to Katalys decision to spend out rather than set itself up for perpetuity. 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. 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. 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. 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 Libra Foundation is committed to a vision of society that uplifts and empowers all people. LinkedIn is the world's largest business network, helping professionals like Regan Pritzker discover inside connections to recommended . Gain access to personalized support and a network of peers. The founding of the Kataly Foundation in 2018 was a manifestation of her effort to move along that continuum of alignment. The Klarmans fund social justice and Jewish causes in Boston and throughout the U.S., as well as internationally. The Jennifer and Jonathan Allan Soros Foundation supports progressive causes like reproductive rights, gun violence prevention and racial justice. Kathryn and James Murdoch launched the Quadrivium Foundation in 2013, endowing it with nearly $10 million in assets. 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. Business Insider previously reported that Hanauer is a longtime critic of America's income inequality. 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. 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. I do feel more urgency. The Bay Area is a priority. 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. J.B. Pritzker became governor of Illinois in 2019; his sister Penny Pritzker was Secretary of Commerce in the Obama Administration. Barbara Picower founded the JPB Foundation with a fortune her late husband acquired, partially as the largest beneficiary of the Madoff investment scandal. 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. Transit agencies across the country are broadcasting public service announcements recorded by children with autism for Autism Awareness Month . 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. Dorseys role at the helm of Twitter earns him frequent mention in the news. Philanthropist George Soros, 88, made his fortune running Quantum Fund, which was once the largest hedge fund in the world. 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. Its grants benefit organizations working to advance women, girls and LGBTQ people in the U.S. and abroad. Stein is the current President of the Moriah Fund, having succeeded his mother and Fund co-founder Mary Ann Stein. It was such a fun business, but I saw no Black or Latino people participating in the core of that, she says. Nwamaka Agbo and Regan Pritzker. What kinds of groups benefit, and which communities and systems are empowered, is arguably the more important conversation. Part of our work is to support our own just transition, Pritzker said. By subscribing, I agree to the Terms of Use and Privacy Policy. McIntosh helped found Rachels Network. Regan Pritzker is the daughter of Nicholas J. Pritzker, who had been CEO and chairman of the board of Hyatt Hotels Development Corporation. Learn More Team Staff Strategic Advisors Theyre lessening reporting burdens on grantees and establishing more trusting relationships with the communities they want to help. As a philanthropist shes been a friend to progressive nonprofits and takes an intensive personal involvement in JPB. Register now: https://bit.ly/3vBtr1c . 03 Aug 2022 , building their fortune from the Hyatt hotel chain. 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. The couple support progressive advocacy and movement groups, and have been active with the Democracy Alliance. 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. Daughter of billionaire liberal donor James Simons, Cappell is behind the Foundation for a Just Society. They fund environmental justice work through the Northlight Foundation, particularly in Alaska. Youll have to start your own. . 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. The foundations grantmaking interests encompass racial justice, womens rights, environmental justice and drug reform policy. For the Kataly Foundation, the practice of restorative economics involves transforming the financial status quo by investing in strategies that uplift sustainable community ownership and governance of resources. In 2019, he issued an executive order titled Strengthening Our Commitment to Affirming and Inclusive Schools, to support trans children. 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. prestel publishing submissions. Racial, economic and environmental justice are key early priorities for Kataly. 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. She has an incredible sense of timing, says Helena Huang, project director of Art for Justice. 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. 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. 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. He was an early investor in Amazon, according to his personal website. Along with wife Lisa, Goldman supports progressive think tanks and advocacy through the Lisa & Douglas Goldman Fund. (The couple were no strangers to tragedy: Their 24-year-old daughter had. 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. Over the past several years, however, Pritzker has come into more of her own inheritance, measured in the hundreds of millions. Shes the daughter of Nicholas and Susan Pritzker, whose Libra Foundation has emerged as a leader in progressive philanthropy. Despite calling for the company to be broken up in May, Hughes has a stake in Facebook worth $850 million, Lacy O'Toole/CNBC/NBCU Photo Bank via Getty Images. She is also turning her attention to climate change, citing artist. Bowditch is a retired Massachusetts real-estate developer. That story has always been with me.. 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. 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.. 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. Scotts divorce from Jeff Bezos secured her a fortune in Amazon stock that placed her among the worlds very richest. She's the daughter of Nicholas and Susan Pritzker, whose Libra Foundation has emerged as a leader in progressive philanthropy. 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. NCFPs Trustee Education Institute provides a comprehensive overview of the important legal, investment, ethical, grantmaking, and family dynamics issues facing family foundation board members and CEOs. Decades ago, when Agnes Gund was just beginning to explore charitable giving, her mentor, the late philanthropist Irene Diamond, provided seminal advice. In terms of process and ideology, Libras grantmaking is already pretty progressive. Pritzker also serves as the board chair of her family's foundation, The Libra Foundation. Some of the signatories are multi-billionaires like George Soros, while others are little-known multimillionaires. 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. 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. By clicking Sign up, you agree to receive marketing emails from Insider 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. Theres this whole wait for a rainy day mentality, she says. eputy chair of the Open Society Foundations, a nonprofit founded by his father. And so they have: In May 2020, the couple joined with GivingTuesday to launch #HalfMyDAF, offering $1 million in matching grants to donors who pledged to spend half of their DAF accounts by the following September 30. The CEO of Universal Remote Control, Inc., Park gives through the eponymous Chang K. Park Foundation. This is the moment. 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. They have encouraged others to adopt it and accelerate opportunity for the poorest. Louise Gund is an heir to the Gund family fortune and sister to prominent liberal philanthropist Agnes Gund. 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. We recognize that while we are resourcing projects to address systems and structural change, systems are made up of people, Agbo said. 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 . The 59-year-old heiress has criticized the salary of Disney CEO Bob Iger and defended Meryl Streep after she called Walt Disney a "bigot", according to CNN Business. 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. 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. Today, Swift is an environmental funder that predominately funds work arising from Indigenous people and their local communities. 1 Letterman Drive Suite C4-420. 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. Blanks former husband, Arthur Blank, co-founded Home Depot. 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. 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. Contact NCFP for support! He left the social network in 2007to become the online organizer for Barack Obama's first presidential campaign. He was also a philanthropist, bestowing millions upon Howard University and Harvard Law School, his alma mater, as well as homeless shelters and churches. The team does see connections between this component of Katalys work and its systems change grantmaking. The NBA legend once had a foundation, but it dissolved in the 1990s. 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. 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. 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. 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. As the founder of the Marisla Foundation, this below-the-radar donor gives to environmental causes and human services in southern California. 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. Subscribe to our newsletter! 4 The extended Pritzker family is estimated to be worth over $32.5 billion. Grantees like the Boston Ujima Project, Higher Purpose Co. and the East Bay Permanent Real Estate Cooperative are a few examples of other organizations taking a similar approach.

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