SOURCE OF WEALTH: Goldman Sachs, Greywolf Capital Management
FUNDING AREAS: Arts & Culture, Jewish Causes, Education & Youth, Health, Connecticut Community
OVERVIEW: Jonathan and Kathy Savitz conduct their philanthropy through the Jon & Kathy Savitz Foundation, which available tax filings show, gave away around $116,000 in a recent year. Their giving centers around Connecticut.
BACKGROUND: Jonathan S. Savitz received a bachelor’s degree from Johns Hopkins University in 1987. He joined Goldman Sachs, where he worked in several senior capacities within the fixed income proprietary investment group. He became a managing director of Goldman Sachs in 1996, and a general partner in 1998. Savitz went on to co-found Greywolf Capital Management in 2003.
ISSUES:
ARTS & CULTURE: Grantees include Manhattan Theatre Club, MoMA, The Met, and American Museum of Natural History.
JEWISH CAUSES: Grantees include Greenwich Reform Synagogue and Jewish Foundation for the Righteous.
EDUCATION & YOUTH: Grantees include University of Rochester, Boys & Girls Club of Greenwich, King School, La Guardia High School, and Waterside School.
HEALTH: Health giving appears to focus on cancer. Grantees include Memorial Sloan Kettering Cancer Center, Breast Cancer Alliance, and Autism Speaks.
LOOKING FORWARD: Expect the couple to stick with their established interest areas. Perhaps their giving will expand in the coming years.
CONTACT:
Jon and Kathy Savitz Foundation
628 Riversville Rd.
Greenwich, CT 06831