New York City is home to a number of notable philanthropists who work to make a positive impact in the city and throughout the world. To learn more about these philanthropists take a look at the below list.
Michael Bloomberg is one of the wealthiest people in the world. Over the years he has used his wealth to support various environmental causes. Additionally, his organization Bloomberg Philanthropies focuses on many other issues including public health and education. The CEO of Bloomberg Philanthropies is Patricia Harris who is routinely named one of the most powerful women in U.S. philanthropy. Bloomberg has pledged to give away the majority of his wealth ($43.3 billion) to causes he cares about.
Steven Cohen is the founder of S.A.C. Capital Advisors and Point72 Asset Management. While both businesses are headquartered in Connecticut, he is known for donating his wealth to New York causes. He specifically focuses on three areas: the arts, education, and health. The Steven & Alexandra Cohen Foundation was founded in 2001. Steven’s wife Alexandra is a New York City native and has appeared on Inside Philanthropy’s “50 Most Powerful Women in U.S. Philanthropy.”
Ray Dalio is another philanthropist based in Connecticut who is involved in New York City philanthropy. The Dalio foundation focuses on a number of issues that are important to Dalio family members. Some of the issues include protecting the world’s oceans and supporting medical research. When it comes to New York philanthropy, Dalio has made a number of grants to education institutions and libraries in the area.
Barry Diller and his wife Diane von Furstenberg’s foundation focuses on public spaces, education, and human rights among other issues. The couple made some of the largest donations to the renovation of the High Line. Their $130 million donation to build an island park near Chelsea was the biggest donation New York City has ever received for a park.
Stanley Druckenmiller is a retired hedge fund manager. In 2009, The Chronicle of Philanthropy listed Druckenmiller as the most charitable man in America. That year he donated $705 million to various different causes. He has continued to give money to New York nonprofits like the Harlem Children’s Zone. Druckenmiller and his wife Fiona also contribute money to the New York City AIDS walk.
Maurice Greenberg is the former CEO of AIG and the current chairman of the Starr Foundation which makes grants in areas like education, medicine, and culture. The Starr Foundation has existed since 1960. Most recently it made a $25,000 donation to help Cuba recover from the destruction from Hurricane Matthew. To learn more about the Starr Foundation visit the organization’s official site.