SOURCE OF WEALTH: The Invus Group
FUNDING AREAS: Education & Youth, Policy & Global, Human Services, Religious
OVERVIEW: Raymond Debbane and his family conduct their philanthropy through the Raymond Debbane Family Foundation. Debbane supports groups in his native Lebanon. Other interests include education and human services. Debbane chairs the board of Action Against Hunger USA. Available tax filings indicate that the foundation awarded $3.2 million in grants from 2017 to 2018.
BACKGROUND: Raymond Debbane has a B.S. in agricultural sciences and agricultural engineering from the American University of Beirut, an M.S. in Food Science and Technology from UC Davis, and an MBA from Stanford Graduate School of Business. Debanne was a manager for The Boston Consulting Group in Paris and in 1985 formed Invus Group, where he is CEO.
ISSUES:
EDUCATION & YOUTH: Debbane has supported alma maters Stanford University and American University of Beirut. Other grantees include Catholic Schools Assistance Fund and French Institute — Alliance Francaise.
POLICY & GLOBAL: Debbane and family support the Lebanese community, and have helped fund Drug Free Lebanon and Lebanese Center for Special Education (CLES). Debanne’s wife Carmen Chahine Debbane founded CLES and left the country during war times.
Other grantees include Center for Euro-Med Development (CEMEDE), Cato Institute, Kuwait-America Foundation, and Mercatus Center.
HUMAN SERVICES: Debbane chairs the board of directors of Action Against Hunger USA, which the family supports. Other grantees include Ronald Mcdonald House Charities.
RELIGIOUS: The family has supported Eparchy of Saint Maron of Brooklyn and St. John Paul II Life Center.
LOOKING FORWARD: Expect the Debbane family to stick with their interest areas.
CONTACT:
The Raymond Debbane Family Foundation
750 Lexington Ave.
New York City, NY 10022
