Nwamaka Agbo and Regan Pritzker. Since then, writes Bilek, the governors cousin has used the foundation to fund institutions that support radical gender ideology, including the Human Rights Campaign Foundation, the Williams Institute UCLA School of Law, the National Center for Transgender Equality, the Transgender Legal Defense and Education Fund, the American Civil Liberties Union, the Palm Military Center, and the World Professional Association of Transgender Health. The granddaughter of The Walt Disney Company co-founder Roy Disney has made a name for herself as one of the company's most outspoken critics. We know that what is politically feasible is not what is ultimately necessary.. Bohnetts career as an early internet entrepreneur (remember GeoCities?) Theysupport a diverse array of organizations on the left. 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 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. The countrys racial reckoning, particularly around health disparities highlighted by Covid, has fueled her sense of urgency, prompting her to invest with Black women and Latina fund managers. The couple plan to continue #HalfMyDAF, but while its helpful, the Rishers believe its not enough. I dont think traditional philanthropy has permission anymore to be holding all the cards, 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. Crucially, Agbo notes, Katalys program directors come out of direct lived and movement-building experience, which helps them build trust. Theres this whole wait for a rainy day mentality, she says. Learn More Team Staff Strategic Advisors He left the social network in 2007to become the online organizer for Barack Obama's first presidential campaign. Restorative economies is where many of Agbo and Pritzkers critiques of extractive capital bear fruit. The son of Renaissance Technologies co-founder James Simons, Nat Simons moves money through the Sea Change Foundation. He has a masters degree from UC Berkeley and serves on the board of the university's Goldman School of Public Policy. 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. Along with his wife, Cindy, Jay Pritzker had acted as a surrogate parent during Penny's difficult adolescent years. Hanauer, 60, is an entrepreneur and investor. 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. She is the wife of fellow signee Robert S. Bowditch. Eldridge was born in Canada and is married to Facebook cofounder Chris Hughes, who also signed the letter. Like her sister Nancy Bagley, Nicole Bagley serves on the board of the Area Foundation, founded by their grandmother. The Jennifer and Jonathan Allan Soros Foundation supports progressive causes like reproductive rights, gun violence prevention and racial justice. 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. They give through the Open Philanthropy Project, an amalgamation of the couples foundation Good Ventures and GiveWell. 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. . Theyre lessening reporting burdens on grantees and establishing more trusting relationships with the communities they want to help. 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. Fran Rodgers is Vice Chair at the Democracy Alliance. 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. Abigail Disney isn't the only wealthy heir to speak out about - CNN 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. BIPOC communities experience systemic barriers in accessing the typical friends and family capital that wealthier communities have, Agbo says. 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. 5 Reeves and Berger tapped a financial fortune to found Unbound Philanthropy, an under-the-radar grantmaking organization with a tight focus on immigrant, migrant and refugee rights. Contact NCFP for support! 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. I said, No, those are my foundations, she says with a smile. 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. She is married to author and progressive thought leader Steve Phillips. Pritzker's family is one of the richest in America, according to Forbes, building their fortune from the Hyatt hotel chain. Regan Pritzker Co-President, The Libra Foundation; Co-founder, Kataly Foundation 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. Regan Deering becomes second Republican to enter 13th Congressional race She also helps lead the Sapelo Foundation, also founded by the Reynolds family. That story has always been with me.. Simmons is the heir to a family fortune that stems from the construction of locks on the Erie Canal, Getty Images / Vaughn Ridley / Contributor. Alongside his sister Susan, Sandler continues to bankroll progressive organizations. 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. 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. What kinds of groups benefit, and which communities and systems are empowered, is arguably the more important conversation. It seems so obvious to me that philanthropy should be funding projects like that, but many foundations have restrictions on capital projectsthey wont fund a building campaign or an ownership campaign, Pritzker says. Hes a prominent supporter of LGBTQ causes as well as a major Democratic donor. As next-gen members of the wider Pritzker clan, this couples main funding vehicle is the Blue Haven Initiative, an impact investment shop focused on African enterprises. But a first step to approaching these donors is to know who they are. An investor, Albright gives through the ARIA Foundation. Illinois governor repeals law requiring parental notification of - PBS Join our community! 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. 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. 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. Keep up with trends in family philanthropy. Regan Pritzker Profiles in CA, IL, and NV - Bizapedia The New Rules of Old Money - Harper's BAZAAR Heres a look at how this new activist foundation came to be and where its going. 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. The Salesforce founder has a major philanthropic profile in the Bay Area, where he has emerged as an advocate for anti-homelessness efforts. 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. San Francisco, CA 94129. After Jay Pritzker died in 1999, his children and nieces and nephews, again leaving out Liesel and Matthew, made a secret pact to liquidate the family businessa complete repudiation of Jay's wishesand distribute the money among themselves. Katalys may end up proving even more so. 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. 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. 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. Keep up with trends in family philanthropy. In 2016, Forbes put the Pritzker family's net worth at $29 billion, making them the seventh-richest family . For additional perspective on how the Kataly team sees donor organizing from the perspective of a philanthropy professional, check out this reflection by Jocelyn Wong, director of capacity building and analyst with the Restorative Economies Fund at Kataly. . pists are revamping their protocols. All of the individualslisted here have a history of supporting progressive organizations. Philanthropy is changing. The son and daughter-in-law of the legendary investor, these Buffetts founded the NoVo Foundation, which funds womens rights and anti-violence efforts across the globe. Simmons is the heir to a family fortune that stems from the construction of locks on the Erie Canal, according to Forbes. Following husband Steve Jobs death, Laurene Powell Jobs has pursued interests in education, immigration and the environment via the Emerson Collective. Do Not Sell or Share My Personal Information. Arcus also funds conservation work in Africa and Asia. The result has been Kataly, a foundation separate from Libra thats out to push boundaries and critique the philanthropic status quo. We were highly aware of all the money stuck in DAFs. Lewiss own family story straddles the opportunity divide: Her father, Reginald Lewis, was raised by his mother and grand- parents. NCFP is here to help you on every step of your philanthropic journey. Like her father Blair Hull, Megan Hull is a Democratic donor who also helps lead the Hull Family Foundation in its progressive grantmaking. Ryan is an investor and businessman who gives through the Schooner Foundation. The founding of the Kataly Foundation in 2018 was a manifestation of her effort to move along that continuum of alignment. a retired lieutenant colonel in the Illinois Army National Guard and the parent of three . 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. Foundation Embarks on New 'Equitable' Approach to Grant Making states. A granddaughter of oil baron H.L. 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. 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.
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