NET WORTH: Unknown
SOURCE OF WEALTH: Morgan Stanley, HighTower Advisors
JEWISH FUNDING AREAS: Education & Youth, Community, Religious, Israel, Health & Human Services
OVERVIEW: Eugene Lerner moves his philanthropy through the Eugene & Janet Lerner Family Foundation, a charitable vehicle Lerner set up with his late wife Janet. The foundation steadily supports the Jewish community in the Chicago area, as well as beyond. Top interests include education and community organizations.
BACKGROUND: Eugene Lerner received B.A. and M.A. degrees in economics from University of Wisconsin and a Ph.D. in economics from University of Chicago. He was a professor at Kellogg School of Management and founded Disciplined Investment Advisors in the early 1970s. Lerner was also a director of wealth management at Morgan Stanley Smith Barney. In 2012, Lerner joined HighTower Advisors, where he serves as managing director and partner.
EDUCATION & YOUTH: Lerner via his foundation has supported Hillel; Hillel at the University of Wisconsin; Associated Talmud Torahs of Chicago, the governing body for religious Jewish schools throughout the Chicagoland area; Hillel Torah North Suburban Day School; Birthright Israel; and Spertus Institute for Jewish Learning and Leadership.
COMMUNITY: Grantees have included Keshet, an advocacy outfit for gay, lesbian, bisexual, and transgender Jews; Jewish United Fund; Jewish National Fund; and Association of Reform Zionists of America.
RELIGIOUS: Lerner has steadily supported Temple Beth Israel. Other grantees have included Chicago Board of Rabbis.
ISRAEL: Lerner has given especially strong support to American Israel Education Foundation. Other grantees have included Ben-Gurion University, Friends Of The IDF, New Israel Fund and Israel Cancer Research Fund.
HEALTH & HUMAN SERVICES: Lerner's late wife Janet (who passed in 2015) was an active educator for six decades, and a pioneer in the field of learning disabilities. Israel Sports Center For Disabled is a steady grantee. Lerner has also supported Israel Cancer Research Fund, among others.
LOOKING FORWARD: It remains to be seen how Janet's recent passing will affect the family's philanthropy. As for Lerner, he's in his late 80s and yet still going strong in the business world. Expect him to continue to juggle these commitments with steady support of the Jewish community.
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The Eugene & Janet Lerner Family Foundation doesn't provide a clear avenue of contact but below is an address:
Eugene & Janet Lerner Family Foundation
1831 Mission Hills Rd., Ste. 510
Northbrook, IL 60062