Speyer Family Philanthropy: Where's the Money Going in Gotham?

Now in his 70s, billionaire Jerry I. Speyer is one of the founding partners of New York real estate company Tishman Speyer, which controls Rockefeller Center and the Chrysler Center in New York City, among other properties around the world. Speyer grew up in New York City and attended Horace Mann School and Columbia, where he received an undergraduate degree as well as his MBA.

It's no surprise then that the Speyer Family Foundation has focused its grantmaking on New York City. A few years ago, the foundation gave as high as around $7.1 million in a year, but more recently, in the 2014 fiscal year, Speyer gave away only around $3.2 million. The foundation doesn't have much of a web presence or a clear way to get in touch, but the Speyer family is one to keep a close eye on, particularly for New York City grantseekers.

Besides the big money waiting in the wings (Jerry Speyer is worth $4.4 billion as of this writing), the family sits on a number of boards in New York City, particularly at arts and cultural institutions,  which have received millions. Speyer chairs the board of the Museum of Modern Art and his wife Katherine chairs the Lincoln Center for the Performing Arts. In 2015, as well as in years prior, Katherine has been named one of the "50 Most Powerful Women in New York" by Crain's New York Business.

In the 2014 fiscal year, Speyer gave around $1.5 million went to Lincoln Center for Performing Arts. Last decade, in 2005 and again in 2007, the foundation gave $1 million grants to Lincoln Center for Performing Arts. Support has also gone to MoMA, Skowhegan School of Painting and Sculpture, Jazz at Lincoln Center, New York Stage & Film, and the Foundation for Contemporary Arts, among others. Money has also gone to Alvin Ailey American Dance Theater, where Katherine once served on the board of trustees.

Apart from arts and culture, another interest of the foundation in New York City is education. Recent money has gone towards arts education, supporting outfits such as Juilliard School. Steady support has also gone to Speyer's alma mater, Columbia University, the recipient of $200,000 in the 2014 fiscal year. Money has also gone to places such as the Dalton School, and Horace Mann School, which Speyer attended.

In health, the family also holds some prominent board memberships and Speyer is vice chair of New York Presbyterian Hospital. Speyer's son, Robert, who is Co-CEO of Tishman Speyer, also recently joined the board of New York Presbyterian Hospital. Recent money has also streamed to Kids of NYU Langone and New York Genome Center, which received $200,000 in the 2014 fiscal year. Mount Sinai Dubin Breast Center has also been steadily supported of late.

Related: Speyer Family Foundation: New York City Grants