OVERVIEW: The Binder Foundation is the philanthropic vehicle of financier Gordon Binder and his wife Adele. The foundation's Los Angeles grantmaking focuses on areas like education, youth, the arts, and more. Around $1 million has gone out in recent years.
IP TAKE: The Binder Foundation keeps a low profile and does not accept unsolicited proposals
FUNDING AREAS: Education & Youth, Arts & Culture, Health & Human Services, Jewish Causes
PROFILE: Former Amgen CEO and Chairman Gordon Binder founded the Binder Foundation in the late 1990s with his wife Adele. The foundation's grantmaking focuses primarily on Los Angeles and Massachusetts; in a recent year the charity held some $18 million in assets and gave away around $1.1 million.
The foundation keeps a low profile and does not accept unsolicited proposals. Many Binder Foundation grants are $50,000 and under; the largest beneficiary of late is the Washington D.C.-located American Enterprise Institute, where Binder sits on the board.
In Los Angeles, though, grants support select organizations in education, youth, the arts, health, and human services. The Binders also support a few Jewish organizations through the Binder Foundation.
Los Angeles grantees have included Caltech, Big Brothers Big Sisters of Greater Los Angeles, The Colburn School, Oakwood School, Wilshire Boulevard Temple, Cedars-Sinai Medical Center, Children’s Hospital Los Angeles, Los Angeles Philharmonic, Los Angeles Opera, Pasadena Community Gardens Conservancy, and Union Rescue Mission.
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The Binder Foundation does not provide a clear avenue for getting in touch with the couple but below is an address
225 S. Lake Ave., Ste. 300
Pasadena, CA 91101