NET WORTH: Unknown
SOURCE OF WEALTH: Crestview Partners; Goldman Sachs
FUNDING AREAS: Education, Arts & Culture, Youth, Health, Jewish Causes
OVERVIEW: Barry Volpert and his wife Teri move their philanthropy through the Barry and Teri Volpert Foundation. The couple supports their alma maters and other schools where they have ties. Another area of interest is youth, specifically athletics and healthy eating. The Volperts also earmark funds for health and the arts, among other areas. In the arts, the Volpert Foundation's grant sizes have been particularly modest recently.
BACKGROUND: Barry Volpert received his A.B. from Amherst College, his M.B.A. from Harvard Business School, and his J.D. from Harvard Law School, where he was an editor of the Law Review. He went to Goldman Sachs, where he spent 18 years as a co-founder and ultimately co-COO of the global private equity business, until retiring as a partner in 2003. Volpert co-founded Crestview Partners in 2004; the value-oriented private equity firm has around $6 billion under management.
EDUCATION: The couple's foundation supports Volpert's alma mater, Amherst College. Not only did Volpert attend the liberal arts school, but so did his father and other family members. The Volperts have also supported Teri's school, Tufts, where past philanthropy created the Teri Volpert Endowed Scholarship Fund. Volpert supports Stanford University, Riverdale Country School, Harvard Business School, Columbia Business School (where Teri graduated), Harvard Law School Fund, and Weill Cornell Medical College, among other schools.
ARTS & CULTURE: Teri is a contemporary art collector and sits on the board of the Jewish Museum. The arts and culture grants that the couple has disbursed through their foundation have generally been modest in size, lately; grantees include The Met and Roundabout Theatre Company.
YOUTH: The couple has recently supported sports programs including Manhattan Youth Athletics and Gotham Basketball Association. The couple has also long supported the Sylvia Center, whose goal is to "inspire young people and their families to establish independent healthy eating habits." They've funded as well Shane's Inspiration, which creates "social inclusion for children with disabilities through the vehicle of inclusive playgrounds and programs."
HEALTH: Volpert was mentored by the late Richard Rainwater, who suffered from progressive supranuclear palsy (PSP), a rare degenerative disease. While the couple doesn't appear to have keyed in on this issue specifically through their foundation lately, they have bankrolled The Dysautonomia Foundation, which funds research on familial dysautonomia (FD) a rare genetic neurological disorder. Other recent grantees include Mount Sinai Medical Center, Montefiore Medical Center, JDRF International, the Breast Cancer Research Foundation, and Hearing Health Foundation.
JEWISH CAUSES: Volpert and Teri have recently funded UJA Federation of New York, Park Avenue Synagogue, and Birthright Israel Foundation, among others.
LOOKING FORWARD: Volpert is still very much involved in business, but perhaps down the line larger sums will stream to the couple's select interest areas.
The Barry and Teri Volpert Foundation does not provide a clear avenue of contact, but below is an address:
Barry and Teri Volpert Foundation
77 Water St., 9th Fl.
New York City, NY 10005