NET WORTH: Unknown
SOURCE OF WEALTH: PJ SOLOMON
FUNDING AREAS: Arts & Culture, Human Services & Health, Education & Youth
OVERVIEW: Peter Solomon and his wife Susan move their philanthropy through the Peter and Susan Solomon Family Foundation, which gave away a little under $790,000 in a recent year. The family support their schools. Much of their philanthropy through their foundation focuses on the arts. Human services is another interest.
BACKGROUND: Peter J. Solomon has an A.B. from Harvard College and an M.B.A from Harvard Business School. Solomon was vice chairman of Lehman Brothers where he was chairman of its merchant banking division and co-chairman of the investment banking division. He went on to found PJ SOLOMON in 1989, an investment banking advisory firm. Solomon has also worked in government, including as deputy mayor of economic policy and development in New York City.
ARTS & CULTURE: Solomon is on the board of trustees of American Museum of Natural History, which the family supports. Other grantees have included American Friends Musée d’Orsay (the couple are on the board), Manhattan Theatre Club (Solomon was once chair), New York Public Radio, Rosenbach Museum, and the Morgan Library & Museum. One of Solomon’s daughters is an actress who has worked in New York theater at such venues as Manhattan Theatre Club.
HUMAN SERVICES & HEALTH: Grantees have included United Hospital Fund, Memorial Sloan Kettering Cancer Center, JRDF, and Hospital for Special Surgery.
EDUCATION & YOUTH: Solomon supports his alma mater Harvard, where some of his kids also graduated. Back in the 1980s, Solomon, then a member of the Harvard board of overseers, announced the establishment of the Friends of the Center for Jewish Studies, which seeks to provide an ongoing base of support for the Center and to enable it to expand its areas of activity. The couple support Susan’s school Tufts University. Other grantees have included Brearley School, Collegiate School, KIPP New York, and Young Women’s College Prep.
OTHER: Solomon is a member of the Council on Foreign Relations, which the couple support. Jewish organizations funded include Center for Jewish Studies. Environmental organizations have also received support.
LOOKING FORWARD: Board memberships seem key for this funder.
The Peter and Susan Solomon Family Foundation does not provide a clear avenue of contact but below is an address:
Peter and Susan Solomon Family Foundation
B. Strauss Assoc 307 5th Avenue, Fl 8
New York, NY 10016