NET WORTH: Unknown
SOURCE OF WEALTH: Abrams Capital Management LP
FUNDING AREAS: Education & Youth, Arts & Culture, Boston community, Jewish causes
OVERVIEW: Founded in 1997, the Abrams Foundation is the philanthropic vehicle of David and Amy Abrams. The foundation’s grantmaking has supported nonprofit organizations focused on youth development and related education organizations and initiatives, the arts, and community issues. The Boston area is an important region of giving.
BACKGROUND: David C. Abrams graduated from University of Pennsylvania. He worked for Baupost Group and in 1998 founded Abrams Capital.
EDUCATION & YOUTH: David and Amy Abrams have supported their schools—UPenn and Brown University, respectively. They have supported Columbia University (Amy’s graduate school), including its School of International and Public Affairs and helped fund FRONTLINE/Columbia Journalism Fellows.
ARTS & CULTURE: Amy Abrams serves on the board of the Isabella Stewart Gardner Museum, which the couple has given millions to. A $3 million gift earlier in the decade endowed a curator of music there. Other grantees have included Boston Symphony Orchestra, Museum of Fine Arts Boston, Boston Arts Academy, and the Better Angels Society, which aims to further “the extraordinary creative and educational legacy of Ken Burns.”
LOOKING FORWARD: Grantmaking has steadily risen in recent years at the Abrams Foundation. David Abrams is still very much engaged in business, but this funder should be watched carefully down the line.
The Abrams Foundation does not provide a clear avenue for getting in touch with the couple but below is contact information:
222 Berkeley St.
Boston, MA 02116
Telephone: (617) 646-6140