NET WORTH: Unknown
SOURCE OF WEALTH: Carlyle Group
FUNDING AREAS: Education & Public Service, Global & Policy, Health & Human Services, Arts & Culture
OVERVIEW: Frank Carlucci, his wife Marcia, and family give through the Marcia and Frank Carlucci Charitable Foundation, which was founded to carry forward ideals of public service. The family is also interested in health, particularly Parkinson’s Disease, driven by personal forces.
BACKGROUND: Born in 1930, Frank Carlucci graduated from Princeton University and attended Harvard Business School. He worked in government for many years, in posts including ambassador to Portugal and U.S. Secretary of Defense under President Regan. Carlucci joined Carlyle Group in 1989 as managing director and was chairman.
EDUCATION & PUBLIC SERVICE: The couple has supported American International Schools Foundation, Princeton University, Duke University, Pardee Rand Graduate School, and Washington Tennis & Education Foundation. The couple are avid tennis players. Their daughter Kristin is a Duke graduate and created the foundation's Carlucci Fellows Internship Program in Security Studies. Kristin’s husband, Joshua, graduated from Pardee Rand School.
GLOBAL & POLICY: Given Carlucci’s long history in government it’s not surprising that some of the family’s giving focuses on these issues. Grantees include Rand Corporation (Carlucci is a trustee emeritus and Kristin works for RAND Europe), Brookings Institution, Richard Nixon Foundation, and The Diplomacy Center Foundation (DCF), which is “committed to partnering with the United States Department of State in creating the United States Diplomacy Center (USDC) to present the history, practices and challenges of American diplomacy to the public.”
HEALTH & HUMAN SERVICES: The Carluccis support University of Maryland, Baltimore. The forces here are personal, as Carlucci’s doctor, Stephen G. Reich, is a neurology professor and co-director of the University of Maryland Parkinson’s Disease and Movement Disorders Center. Carlucci has Parkinson's and is passionate about healthcare reform, saying, “For a long time I felt that our medical system needs to be reformed. I helped create a group that is now advocating reform.”
Other grantees include Michael J. Fox Foundation, Parkinson’s Action Network, LUNGevity Foundation, and Prevent Cancer Foundation, where Marcia is an emerita director.
The family has supported Coalition to Salute America’s Heroes. Joshua was an Air Force captain.
ARTS & CULTURE: Grantees include Smithsonian Institution, National Museum of Women in the Arts, and Ford’s Theater.
LOOKING FORWARD: Expect the Carluccis' steady giving to continue. Kristin and Joshua appear to influence some of the family’s giving and their potential interests should be considered. They’re based in Texas and have an international background.
Marcia and Frank Carlucci Charitable Foundation
1207 Crest Ln.
McLean, VA 22101