Education: A Seminal Part of This Wall Streeter's Giving

Paul Shiverick is one-half of the cofounding duo of Seminole Capital. It's unclear how much he's worth, but Shiverick and his wife Betsy put some of their wealth towards philanthropy, moving charitable contributions through their Shelter Hill Foundation. I've written before about the philanthropy of Shiverick's business partner, Mike Messner and his wife Jenny, whose foundation prioritizes education, particularly study abroad scholarships.

The Shivericks also earmark quite a bit of annual funding for education. Shiverick recently joined the board of American Federation of Children, a Betsy DeVos-chaired organization that advocates for educational choice. As he puts it, “the greatest catalyst of success in this country is a quality education and we should stop at nothing to help parents, especially from low-income families, give their children an opportunity to realize the American dream by sending them to a school that best fits their needs.”

While the Shelter Hill Foundation's grantmaking does not appear to have recently supported that organization according to publicly available tax records, it has supported places like Teach for America,  St. Pius X Catholic High School in Atlanta, Charleston School for Math and Science, Orange Grove Elementary Charter School, Catholic Partnership Schools, Alliance for School Choice, and the Hawken School, where he sits on the board.

The couple has also supported Shiverick’s alma mater Dartmouth, as well as MIT School of Engineering, Lake Forest College, and Mount Holyoke, from which Betsy Shiverick graduated.

Another important area for this funder is health, and Shiverick is cochair of Cancer Research Institute, which the family steadily supports through their foundation. Shiverick’s grandfather, by the way, was chairman of Memorial Hospital for Cancer and Allied Diseases (now Memorial Sloan Kettering Cancer Center) for two decades. For a full overview of this family's philanthropy, read our profile of Shiverick linked below.

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