Jerome Chazen is the chairman and founder of Chazen Capital Partners, a private investment firm in New York, and prior to that was a cofounder of fashion giant Liz Claiborne. It's unclear how much Chazen is worth, but he and his wife Simona have given away quite a bit of money over the years. While the couple gave their highest sums in the past two decades, a steady stream of money still flows from the Chazen Foundation, which has been around since 1985. Here's our primer on Chazen's philanthropy:
1. Serious Money Has Flowed to Chazen's Alma Maters
Chazen and his wife Simona are both University of Wisconsin graduates, and have given millions of dollars to the school over the years. A $20 million gift last decade created the University of Wisconsin’s Chazen Museum of Art. In 2009, they gave another $25 million to the University of Wisconsin, and in 2010, $5 million went to the school. Chazen also has a degree from Columbia Business School, and serves on the board of overseers. Columbia was also the site of major philanthropy in the past, with a $10 million gift in the 1990s establishing the Jerome A. Chazen Institute of International Business.
2. Supporting Arts and Culture in New York City is a High Priority
The Chazens are major art collectors with more than 500 pieces by 200 modern and contemporary artists as of last decade. The Museum of Arts and Design in New York has received some serious sums, with at least $17.5 million going to the outfit last decade, and just under $1 million in 2013. Chazen is a chairman emeritus of the museum. The couple has also supported the Lincoln Center of Performing Arts, MoMA, Roundabout Theater Company, Rockland Conservatory of Music, Louis Armstrong House Museum, and others. Chazen also has an interest in jazz.
3. The Chazens Have Also Supported Their Local Community in Rockland County
The Chazens live in Rockland County, outside of the New York City metro area. Not only has Chazen has bankrolled a scholarship program that supports promising Rockland County students, but has given recent sums to outfits such as the Rockland Conservatory of Music, the Jewish Federation of Rockland County, the Rockland Community Foundation, and the Volunteer Counseling Service of Rockland County, which received $100,000 in 2013.
Outside of these interests, a steady stream of money has flowed to the SLE Lupus Foundation, but health hasn't really been a major interest of this funder.
Related: Jerome Chazen Profile