NET WORTH: $2.2 billion
SOURCE OF WEALTH: Tiger Global Management
FUNDING AREAS: Education, Medical, Community, Environmental, Cultural
OVERVIEW: Chase Coleman and his wife, Stephanie, move their philanthropy through the Chase and Stephanie Coleman Foundation. The couple's giving focuses on the New York City area. Education is one interest, where they support local schools and education outfits. The couple also gives strongly to a select few local hospitals.
BACKGROUND: Raised in Glen Head, Long Island, Chase Coleman III attended Deerfield Academy, and then Williams College. He graduated from Williams in 1997 and went to work as a technology analyst for Julian Robertson. He later founded hedge fund, Tiger Global Management, which has evolved into evolved into a broader investment firm.
EDUCATION: Coleman and Stephanie have supported their respective alma maters, Williams and Wellesley via their foundation. They've also given particularly strong and steady support to The Chapin School and Deerfield Academy. Apart from elite private schools, the Colemans have also given grants to places like KIPP NY, Inner-City Scholarship Fund, The East Harlem School, IMentor, and Teach for America. They've also supported Rockefeller University.
MEDICAL: Coleman sits on the board of Hospital of Special Surgery, which the couple has strongly supported. Another big winner is New-York Presbyterian Hospital, where Stephanie has sat on the board of trustees for a few years. Other grantees have included The One Marrow Foundation, Memorial Sloan Kettering, Lung Cancer Research Foundation, and The Michael J. Fox Foundation.
COMMUNITY: Grantees have included The Boys Club of NY, Central Park Conservancy, Harlem RBI, and The Boys & Girls Harbor. Supporting youth seems to have of particular interest.
OTHER: The Colemans have recently supported Conservation International via their foundation. They also have lent support to cultural institutions, as well as humanitarian organizations like Global Giving Foundation and Mary’s Meals.
LOOKING FORWARD: Coleman is barely into his 40s and has been giving through his charity for a decade already. Grantmaking has risen in recent years, too, reaching around $9.2 million in a recent year, up from around $1 million at the start of the decade. Expect this young couple's giving to continue to grow, perhaps expanding more largely beyond the New York area.
The Chase and Stephanie Coleman Foundation does not provide a clear avenue for getting in touch, but below is contact information:
The Chase and Stephanie Coleman Foundation
9 W. 57th St.
New York City, NY 10019