OVERVIEW: The Samberg Family Foundation's education program helps children and youth from low-income backgrounds thrive at the various stages and places in their lives.
IP TAKE: The majority of Samberg's grants are multi-year, and it does not accept unsolicited proposals. New grantseekers face competitive grantmaking.
PROFILE: The Samberg Family Foundation was established by Rebecca and Arthur Samberg in 1995. Arthur Samberg earned his wealth as founder and CEO of the hedge fund Pequot Capital Management. The foundation's mission is to support “healthy and productive living for children and youth, families and communities” through education, health, and Jewish life.
Samberg's Education grantmaking supports initiatives that help children and youth from low-income backgrounds thrive at the various stages and places in their lives. Grantmaking includes literacy programming for early readers, extended learning and enrichment time for middle school students, and initiatives for high schoolers to help them prepare for college and beyond.
Education grantees include 100Kin10, whose goal is to produce 100,000 excellent STEM teachers; Harlem RBI; Citizen Schools; Building Education Leaders (BELL); and Harlem Children's Zone, where the couple's daughter Laura sits on the board of trustees. Harlem Children's Zone has received several million from the family through the years.
Grants ranging from around $15,000 to $1 million. However, the majority fall in the $25,000 to $200,000 range.
- Laura Samberg-Faino, Director
- Sue Ellne Madden, Officer