NET WORTH: Unknown
SOURCE OF WEALTH: Warburg Pincus
JEWISH FUNDING AREAS: Education & Youth Development, Community
OVERVIEW: Henry Kressel and his family move their philanthropy through The Kressel Family Foundation, with focus on educational and community organizations in the Jewish community.
BACKGROUND: Henry Kressel graduated from Yeshiva College, received an M.S. from Harvard, and an MBA and a Ph.D. in engineering from the University of Pennsylvania. Kressel was vice president at RCA Laboratories responsible for the worldwide research and development of microelectronics, power electronics, and associated software. He’s a special limited partner of Warburg Pincus, where he’s served as a managing director and senior advisor for the firm’s technology and communications investment activities.
EDUCATION & YOUTH DEVELOPMENT: Kressel was Yeshiva University’s first alumnus chairman of the board. With his wife Bertha, Kressel established a chair in economics and research fellowships for outstanding undergraduate students at Yeshiva University. Other grantees include Manhattan Jewish Experience.
COMMUNITY: Kressel's wife Bertha has passed away and he runs the foundation with his two children, one of whom lives in Israel and works at Nefesh B’Nefesh, “a nonprofit organization that promotes, encourages and facilitates Aliyah from the United States, Canada and the United Kingdom.” The Kressel family has supported UJA Federation of New York, Congregation Kehilath Jeshurun, American Friends of Yeshivat Bnei Akiva,
LOOKING FORWARD: Expect the Kressels' support of the Jewish community to continue.
The Kressel Family Foundation
1056 5th Ave.
New York City, NY 10028
Telephone: (212) 878-0674