NET WORTH: Unknown
SOURCE OF WEALTH: Guard Hill Holdings
FUNDING AREAS: Education & Youth, Arts & Culture
OVERVIEW: Camillo Santomero and his wife Denise move philanthropy through the Santomero Family Foundation, which gave away a little under $270,000 in a recent year. Santomero supports his alma mater, University of Pennsylvania. Other interests include the arts. Denise serves on several key boards, which track with family giving. Westchester County, NY, is a region of giving.
BACKGROUND: Camillo Santomero graduated with a B.S. from Wharton and an MBA from Stanford Business School. He worked in M&A at Salomon Brothers and was a partner at Chemical Venture Partners (now JP Morgan Partners) and a partner at Butler Capital Corporation. Beginning in 1991, Santomero has partnered with TMB Industries in all of its investments, in addition to making other private equity investments through Guard Hill Holdings and Rabbit Hill Industries.
EDUCATION & YOUTH: Santomero supports his school, UPenn. Other grantees include Westchester Community College (Denise is on the board), Concord Academy (Denise graduated from the school), Windward School, and St. Paul's School.
ARTS & CULTURE: The Santomeros, via their foundation, have supported Untermyer Gardens Conservatory (Denise is on the board), Bedford Historical Society, Bedford Free Library, Historic Hudson Valley, and Bedford Playhouse.
OTHER: Grantees include SPCA of Westchester, St. Matthews Church, Hudson Institute, Northern Westchester Hospital, and Westchester Land Trust. Most of these grants are rather modest.
LOOKING FORWARD: Expect the Santomeros to stick with their established interests for now. Perhaps the family's giving will deepen down the line.
Santomero Family Foundation Inc.
c/o Denise C R Santomero
393 Guard Hill Road
Bedford, NY 10506