NET WORTH: Unknown
SOURCE OF WEALTH: Eminence Capital
JEWISH FUNDING AREAS: Education & Youth, Community, Health & Human Services, Israel
OVERVIEW: Ricky Sandler and his wife Mara move their philanthropy through the Mara & Ricky Sandler Foundation. A component of this couple's grantmaking involves Jewish causes. The Sandlers back Hillel, particularly its University of Wisconsin chapter. UJA-Federation is another important grantee. Mara serves on the board of several nonprofits, which tracks with giving.
BACKGROUND: Ricky Sandler received a BBA in accounting and finance from the University of Wisconsin. He started his career as a research analyst at Mark Asset Management, and also co-managed Fusion Capital Management. He founded Eminence Capital in 1998.
FUNDING PROFILE: New York area couple Ricky and Mara Sandler both graduated from University of Wisconsin, a school they steadily support through their foundation. Some of this giving goes to the school's Jewish community. They've directed money to the University of Wisconsin Hillel, as well as the Center for Jewish Studies Excellence Fund.
Away from Wisconsin, an important grantee is UJA-Federation, which the Sandlers have steadily supported via their Mara and Ricky Sandler Foundation, a low-profile charity set up early last decade. The Sandlers also help fund Facing History & Ourselves, whose mission is to "engage students of diverse backgrounds in an examination of racism, prejudice, and antisemitism in order to promote the development of a more humane and informed citizenry."
The Sandlers have supported Jewish schools and youth organizations like Israel Tennis Centers, Birthright Israel Foundation, and Albert Einstein College of Medicine, where Mara is the women's division president. The family has also supported Anti-Defamation League and American Jewish Committee.
Health and human services also seem to be an interest. The Sandlers have supported Israel Cancer Research Fund, and Hands on Tzedakah, which "provides funding for various social service programs in the United States, Israel, and other countries." It's worth mentioning that Mara Sandler is on the board of Ovarian Cancer Research Fund.
The couple has also supported Central Synagogue.
LOOKING FORWARD: Sandler is only in his 40s and very much still engaged in business, but his foundation has been around since last decade. Mara Sandler's various board memberships are something to watch carefully in the coming years. For a complete overview of this funder, read our Wall Street Profile of Ricky Sandler.
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The Mara & Ricky Sandler Foundation does not provide a clear avenue for getting in touch with the couple, but below is an address:
The Mara & Ricky Sandler Foundation
65 E. 55th St., 25th Fl.
New York City, NY 10022