NET WORTH: Unknown
SOURCE OF WEALTH: Tiger Management
FUNDING AREAS: Education & Youth, Arts & Culture
OVERVIEW: Aaron Stern and his wife Betty move their philanthropy through the Aaron and Betty Lee Stern Foundation. The couple largely support educational and arts institutions via their foundation.
BACKGROUND: Aaron Stern received a Ph.D. from Columbia University, where he concentrated on the methodology of science and empirical studies of child development. During his academic career, Stern was on the faculties of Yale, Columbia, NYU, UCLA, and Washington State University. He helped develop the Code and Rating System of the Motion Picture Association of America and served as its director. Stern joined Tiger Management in 1993, where he was on the Management Committee and Board of Directors, as COO, and now as a senior advisor.
EDUCATION & YOUTH: The Sterns have supported Ursinus College, Columbia University, Fieldston Ethical Culture School, Glades Academy, and Brunswick School.
ARTS & CULTURE: Stern and Betty are collectors of international ceramic art and design from the 20th and 21st centuries. Grantees include Whitney Museum, The Met, Museum of Modern Art, Carnegie Hall, and Society of the Four Arts.
OTHER: Stern is a trustee of the Robertson Foundation and a member of the board of the Robertson Scholarship program. The couple support the Tiger Foundation, a Julian Robertson vehicle that "strives to break the cycle of poverty in New York City." The Sterns direct significant sums to a donor-advised fund at National Philanthropic Trust and make miscellaneous donations of under $5,000, making it tough to fully scope out their giving.
LOOKING FORWARD: Expect the Sterns to stick with their interests.
The Aaron and Betty Lee Stern Foundation
465 Park Ave.
New York City, NY 10022