NET WORTH: Unknown
SOURCE OF WEALTH: Goldman Sachs
FUNDING AREAS: Policy, Arts & Culture, Environment, Jewish Causes, Education & Youth
OVERVIEW: Bradley Abelow and his wife Carolyn move their philanthropy through the Abelow Family Foundation. The foundation’s grantmaking supports policy, arts and culture, the environment, Jewish causes and education. The foundation has a strong record of supporting innovative organizations of any size with small grants.
BACKGROUND: Bradley Abelow received a BA in political science from Northwestern University and an MBA from Yale University. He worked for Goldman Sachs, heading the firms global operations, and eventually became a partner. Abelow also served as Treasurer of the State of New Jersey in 2006. From 2007 to 2008 he was New Jersey Governor Jon Corzine’s Chief of Staff. After leaving government, he became COO of the brokerage firm MF Global.
POLICY: Through his work in government, Bradley Abelow developed a strong interest in policy development. He serves serves as Chairman of the Board of Trustees of the Century Foundation, “a progressive nonpartisan think tank that seeks to foster opportunity, reduce inequality, and promote security at home and abroad.” Through their foundation, the Abelows have also supported New York University’s Brennan Center for Justice and the Southern Poverty Law Center, an organization “dedicated to fighting hate and bigotry and to seeking justice for the most vulnerable members of our society.”
ARTS AND CULTURE: The Abelows have supported innovative arts programs including the Foundry Theatre, an experimental theater company in New York City, and Beats, and Rhymes and Relief, a grassroots music and activism program.
ENVIRONMENT: The Abelow Family Foundation has supported the Sheep Mountain Alliance, the Black Mesa Water Coalition, the League of Conservation Voters Education Fund, and WE ACT for Environmental Justice. Of note is Bradley Abelow’s past work as a political consultant in the area of climate change.
JEWISH CAUSES: The Abelows have supported Jewish organizations in New York Cit and Israel. Past New York grantees include the Jewish Communal Fund, and Congregation B’nai Jeshurun. In Israel, the family has supported the New Israel Fund, which “works to build a stronger democracy in Israel, rooted in the values of equality, of inclusion, and of social justice.”
EDUCATION & YOUTH: The Abelow Family Foundation’s giving in the area of education has prioritized underprivileged and at-risk students. One grantee, College Horizons, supports Native American students in their pursuit of higher education. Another past recipient, Seeds of Peace, works internationally to help “teenagers from regions of conflict learn the skills of making peace.” Higher education grantees have included Brown University and Pomona College.
LOOKING FORWARD: The Abelows have supported a broad range of causes and organizations, and their giving is likely to continue in this vein.
The Abelow Family Foundation does not provide a clear avenue of contact but below is an address:
Abelow Family Foundation
Bowling Green Sta., P.O. Box 73
New York City, NY 10274