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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. The Kataly Foundation was created in 2018 by Regan Pritzker and Chris Olin. 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. Scott has now fully emerged as one of the nonprofit lefts most deep-pocketed allies. Gain access to personalized support and a network of peers. 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. 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. But a first step to approaching these donors is to know who they are. During the pandemic, Libra has aggressively increased its payout. 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. 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. Shes the daughter of Nicholas and Susan Pritzker, whose Libra Foundation has emerged as a leader in progressive philanthropy. 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. 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 is a prominent arts patron, collector of modern and contemporary art, and arts education and social justice advocate. The third of Katalys primary program areas is Mindfulness and Healing Justice, where Pritzkers husband Chris Olin has focused his efforts. A nonagenarian real estate developer, Weissberg supports efforts to reform the justice system and empower women and people of color through the Weissberg Family Foundation. Pritzker was born in Chicago on 16 October 1945, son of Jack Nicholas Pritzker (1903-1979) and Rhoda Goldberg Pritzker (1914-2007). Time to catch up on the Pritzker family both in Chicago, Illinois, and across the world. . 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.. Gund, 54, is an Emmy award-winning film director and producer. Some of the signatories are multi-billionaires like George Soros, while others are little-known multimillionaires. Theres this whole wait for a rainy day mentality, she says. 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.. 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. Shes always saying, Why cant we do more? , Were at a point of inflection for philanthropy. 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. 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. on a black and white TV in my . One factor that led Pritzker to dedicate so much of her wealth to this new enterprise was her encounters with the work Agbo and others were spearheading around restorative economics. Filing Date: November 19, 2013. 3. Steyer is well-known for his environmental giving, which encompasses both 501(c)(3) strategies as well as significant political funding. 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. Omidyar is a major media funder and has recently begun backing worker power. that Hanauer is a longtime critic of America's income inequality. The twin crises of Covid and racially motivated violence further solidified Katalys relevance, Pritzker says. 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. They include the environment; youth, arts, and education; corporate and market campaigns; and alternative media. She is active in the JustTransition movement, taking leadership in moving progressive wealth holders and philanthropists to rethink their ethical framework for private investment. 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. 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. As with all of Katalys program areas, restorative economics centers racial justice, supporting grantees focused on the financial empowerment of BIPOC communities. That story has always been with me.. They fund environmental justice work through the Northlight Foundation, particularly in Alaska. She is the wife of fellow signee Robert S. Bowditch. Registered Agent: Corporation Service Company Which Will Do Business IN California As Csc - Lawyers Incorporating Serv. 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, Sean Zanni/Patrick McMullan via Getty Images. Contact NCFP for support! 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. 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. Subscribe to our newsletter! She isthe daughter of philanthropist Agnes Gund. Photo: STILLFX/shutterstock. pists are revamping their protocols. In addition to green mainstays like the NDRC and Greenpeace, the foundation backs progressive advocacy groups like the Alliance for Justice. In isolation, a cooperative enterprise or community-governed loan fund can only do so much. Were at a point of inflection for philanthropy. She's the daughter of Nicholas and Susan Pritzker, whose Libra Foundation has emerged as a leader in progressive philanthropy. 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. This scion of the Walton family co-founded Wend, a social impact fund that has gotten behind progressive causes like Black-led organizing. Gov. Stacy Schusterman, Regan Pritzker, . The letter isn't the first time that Disney has spoken out about tax reform. 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. She isthe daughter of philanthropist Agnes Gund. 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. Moriah is a policy-oriented grantmaker with a number of program areas, including human rights, reproductive health, economic justice and Israel. 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. Over the past several years, however, Pritzker has come into more of her own inheritance, measured in the hundreds of millions. 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. 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. Eldridge, 32, is a political activist and former congressional candidate in New York, according to Vanity Fair. Harnessing art as a force for good remains central to her approach. She created the Kendeda Fund in 2003, but only came to light as its principal donor in 2015. So many of our problems are all connected to this broader, unacknowledged history of racism in America, she says. 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. 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 . Lewis is fostering those high standards through All Star Code, which she founded in 2013. Lewiss own family story straddles the opportunity divide: Her father, Reginald Lewis, was raised by his mother and grand- parents. Today, Swift is an environmental funder that predominately funds work arising from Indigenous people and their local communities. Louise Gund is an heir to the Gund family fortune and sister to prominent liberal philanthropist Agnes Gund. We recognize that while we are resourcing projects to address systems and structural change, systems are made up of people, Agbo said. The son of New York investor Joseph P. Mailman, Joshua Mailman is a longtime impact investor who gives through the Joshua Mailman Foundation. 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. Career The team does see connections between this component of Katalys work and its systems change grantmaking. His grantmaking is picking back up again lately and prioritizes civil rights and community work. While some have transparent foundations, many more do their giving in an opaque fashion that can frustrate fundraisers. Baumans father created the Bauman Foundation, a D.C.-based progressive funding outfit where she has served as President since 1987. She supports racial justice organizing through the Daphne Foundation and has been critical of corporate compensation at the Walt Disney Company. Sir Fazle Hasan Abed They've set their sights on a variety of causes, most notably the environment. Beneficiaries include environmental policy organizations. Like her sister Nancy Bagley, Nicole Bagley serves on the board of the Area Foundation, founded by their grandmother. Keep up with trends in family philanthropy. The language around systemic racism has been really empowering, she says. . Susie Tompkins Buell founded The North Face along with her first husband Doug Tompkins. His daughter, who wore his monogrammed shirt for Robb Reports photo shoot in tribute to him, grew up in privilege and studied at Harvard. 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. 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. The founding of the Kataly Foundation in 2018 was a manifestation of her effort to move along that continuum of alignment. 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. Want to get inside funders' heads? 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. 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. The couple plan to continue #HalfMyDAF, but while its helpful, the Rishers believe its not enough. 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. He left the social network in 2007to become the online organizer for Barack Obama's first presidential campaign. Some good examples include the Black Cultural Zone Community Development Corporation, Native Renewables, Prospera Community Development and the ONE DC Black Workers & Wellness Center. Abroad, the foundation backs peace and security efforts, economic opportunity and human rights. 03 Aug 2022 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. 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. 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. He went on to receive a J.D. (Vince Talotta/Toronto Star via Getty Images). president of the Museum of Modern Art in New York. 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. A longtime television writer and producer, Norman Lear and wife Lyn are committed progressive activists. 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. Join our community! 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. a retired lieutenant colonel in the Illinois Army National Guard and the parent of three . Along with wife Lisa, Goldman supports progressive think tanks and advocacy through the Lisa & Douglas Goldman Fund. She is president of San Francisco-based Libra Foundation, which was founded by her. 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. The son of Renaissance Technologies co-founder James Simons, Nat Simons moves money through the Sea Change Foundation. 3 Nicholas Pritzker is also the co-founder of Tao Capital, whose early investments included Uber, Tesla, and SpaceX. Among the beneficiaries is, 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. 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. Apply to join the directory. 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. In 2016, Forbes put the Pritzker family's net worth at $29 billion, making them the seventh-richest family . Jennifer Pritzker, a retired lieutenant colonel in the Illinois Army National Guard and the parent of three children, was born James Pritzker and transitioned in 2013, more than a decade after forming the Tawani Foundation. Both Tompkins Buell and current husband Mark Buell are prominent Democratic donors, and she maintains a close relationship with the Clintons. Chairman of The Stride Rite Charitable Foundation. We know that what is politically feasible is not what is ultimately necessary.. Kids With Autism Have a Message for Transit Riders. Theysupport a diverse array of organizations on the left. 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. The Chorus Foundation founder has harnessed an inherited fortune to back bottom-up progressive power-building with an emphasis on environmental justice and structural change. In 2016, Forbes put Hughes' net worth at $430 million. The foundations grantmaking interests encompass racial justice, womens rights, environmental justice and drug reform policy. But the amount of money available to donors is only one part of the story. 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. 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. Billionaires from George Soros to Abigail Disney are begging to be taxed more, Facebook / Bigelow Laboratory for Ocean Sciences, stayed mum on the exact size of her inheritance, Wealthy investor Nick Hanauer says the US economy mints billionaires while many Americans are struggling, and there's no excuse for it, she starred in several big-name Hollywood productions. 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. Co-President, The Libra Foundation; Co-founder, Kataly Foundation. That ethos contributed to Katalys decision to spend out rather than set itself up for perpetuity. Regan Pritzker is the co-founder of the Kataly Foundation and is currently serving as a board member, as well as a collaborator with the Restorative Economies Fund. Today, Tides is an crucial fiscal sponsor, DAF sponsor and donor organizing outfit on the left. Following husband Steve Jobs death, Laurene Powell Jobs has pursued interests in education, immigration and the environment via the Emerson Collective. Keep up with trends in family philanthropy. 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. What kinds of groups benefit, and which communities and systems are empowered, is arguably the more important conversation. The Environmental Justice Resourcing Collective, as its called, includes several leaders from the funding world like Gloria Walton of the Solutions Project and Vanessa Daniel of the Groundswell Fund, as well as other advocates. 4 The extended Pritzker family is estimated to be worth over $32.5 billion. Identifying and contacting leading progressive philanthropists is not easy. 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. Recently, Eric and Wendy Schmidt have taken steps in a progressive direction, including toward racial justice movement funding. 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. 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. She is also turning her attention to climate change, citing artist. Penny is his older sister and she also became involved in politics. Pritzker also serves as the board chair of her family's foundation, The Libra Foundation. There is some overlap between Katalys environmental justice and restorative economies grantees. Through the Hull Family Foundation, he supports causes like reproductive rights and drug policy reform. When I look at philanthropy, its white people of privilege controlling the wealth, she says. 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. When you look at the crises in aggregate, what were seeing is an inability to recover. 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. Pritzker Simmons and her mother Irene support similar causes through the IDP Foundation. 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. While Jenifer Pritzker doles out money, J.B. Pritzker is changing policy in Illinois to support the familys agenda, Bilek writes. Jeffrey and Marilyn Katzenberg back health-related issues, particularly AIDS, and organizations that work on behalf of children. Hes also on the board of the Walton Family Foundation.

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