NET WORTH: Unknown
SOURCE OF WEALTH: Goldman Sachs
JEWISH FUNDING AREAS: Education & Youth, Religious, Community, Israel
OVERVIEW: Jonathan Kolatch and his wife Mindy move their philanthropy through the Kolatch Family Foundation, which gave away around $2 million in a recent year. The couple's Jewish philanthropy focuses on New Jersey and New York.
BACKGROUND: Jonathan Kolatch graduated from Columbia University and received an MBA from Harvard Business School. Kolatch joined Goldman Sachs in 1982 and held various positions in the credit arbitrage group, the high yield group, and the corporate finance department. He made partner at the firm and went on to found Redwood Capital Management.
EDUCATION & YOUTH: The Kolatch family is active in their local Jewish community in New Jersey and New Yorker. Mindy is a teacher at Ramaz School, a Jewish Modern Orthodox Day School in Manhattan, which the couple supports through their foundation. Other grantees include Sinai Schools, Moriah School, Hillel, and Yeshiva University.
RELIGIOUS: Kolatch and Mindy have strongly supported Congregation Ahvath Torah, a synagogue. Other grantees include Congregation Shomrei Emunah, East Hill Synagogue, and Stanton Street School.
COMMUNITY: Mindy is on the board of Kaplen JCC on the Palisades, which the family helps fund. Other grantees include Oneg Shabbat of the West Side, a human services organization; Jewish Federation of Northern New Jersey; and Sharsheret, a breast cancer organization.
ISRAEL: Grantees include Friends of Ir David; Etzion Foundation, which is dedicated to Jewish studies in Israel; and Reuth, which supports a rehabilitation hospital and homes for the aged in Israel.
LOOKING FORWARD: Expect the couple to stick with these interests.
Kolatch Family Foundation
910 Sylvan Avenue, Suite 130
Englewood Cliffs, NJ 07632