NET WORTH: Unknown
SOURCE OF WEALTH: Arnhold & S. Bleichroeder Holdings
FUNDING AREAS: Arts & Culture, Education, Environment, International Affairs, Health, Global Development.
OVERVIEW: Henry Arnhold moves some of his philanthropy through the Arnhold Foundation, which held about $376 million in assets and gave away around $21 million in a recent year. Arnhold's philanthropy focuses on New York City, and he has given large grants to arts and culture outfits. Arnhold is an art collector and the foundation's grantmaking especially favors dance and other performing arts. Other interests include education and the environment. Philanthropy also involves regions outside New York, including Connecticut and California. Arnhold also engages in philanthropy through the Mulago Foundation, which works in global development.
BACKGROUND: Henry H. Arnhold was born in Dresden in 1921 and comes from the Dresden banking family of Arnhold. In the 1930s, the family's bank fell victim to ‘Aryanization’ and when World War II broke out, Arnhold was arrested. He fled to Sweden and Cuba before reaching America in 1942. Arnhold studied at UCLA, had a stint in the U.S. Army, and joined his family's investment bank Arnhold & S. Bleichroeder, where he served as chairman starting in 1960.
ARTS & CULTURE: Henry Arnhold is a prominent art collector and owns more than 500 pieces of 18th-century porcelain made in Meissen, a town in Eastern Germany close to Dresden. Some of these pieces have been displayed at the Frick Collection in New York. Through his foundation, Arnhold has supported a long line of arts and culture outfits, particularly in the realm of dance. Recent grantees include American Dance Festival, Ballet Theatre Foundation, Paul Taylor Dance Foundation, Sacred Dance Guild, Dancewave, Dances by Isadora, and Ballet Hispanico, which received around $1.1 million in the 2013 fiscal year and close to $1.4 million in the 2012 fiscal year. It's worth mentioning that Arnhold's son John serves as secretary and treasurer of the foundation. John's wife Jody is a dance educator and arts advocate. Jody has served as honorary chair of Ballet Hispanico.
Apart from dance organizations, sums have also gone to a number of art and culture outfits, such as Museum of Modern Art, Metropolitan Opera, International Center of Photography, Jazz at Lincoln Center (which received $1.3 million in 2013), New Amsterdam Singers, Opera America, Public Theater, Riverside Symphony and plenty more. Much of this culture-oriented giving focuses on New York City, which is true of Arnhold's philanthropy overall.
EDUCATION: Recent grants have gone to Bank Street College of Education, Columbia Business School, CUNY Graduate School of Journalism, University of Wisconsin, Vassar College, Hunter College Foundation , Icahn School of Medicine, New School, and UC Santa Barbara Foundation. Arnhold's son John received his B.A. from UCSB and has supported his school with his wife Jody. Arnhold has also funded K-12 education outfits such as Prep for Prep and the Fund for Public Schools. Other money has gone to arts education outfits such as Harlem School of the Arts and School of American Ballet.
ENVIRONMENT: Arnhold has strongly supported Conservation International, where he's an emeritus director. Funds have also gone to ASPCA, Bridgewater Land Trust, Central Park Conservancy, Fresh Air Fund and Roxbury Land Trust.
INTERNATIONAL AFFAIRS: Given Arnhold's background in Germany during World War II, it's no surprise that a component of his philanthropy involves international issues. Recent grantees include American Friends of the Ludwig Foundation of Cuba, Carnegie Endowment of International Peace, World Policy Institute, Council on Foreign Relations, Human Rights First, National Committee on American Foreign Policy, and Global Citizen Year, a "nonprofit social enterprise on a mission to make it normal to choose a bridge year; an experience after high school."
HEALTH: Arnhold recently bankrolled the American Cancer Society, the Breast Cancer Research Foundation, Mount Sinai Hospital Center, Planned Parenthood, the National Institute of Reproductive Health, and Western Connecticut Health Network. New Milford Hospital in Connecticut is home to the Arnhold Emergency Department; the Arnhold family has strong ties to this region.
OTHER: The Arnhold Foundation's grantmaking has supported 92nd Street YMCA. Other local New York City community outfits such as Citymeals-on-Wheels and Broadway Housing Communities have also been funded. Bethel Public Library in Connecticut and WNET have also seen support. Support has also gone to International Tennis Hall of Fame and James Blake Foundation. John Arnhold chairs the executive committee of International Tennis Hall of Fame.
GLOBAL DEVELOPMENT & THE MULAGO FOUNDATION: Arnhold also engages in philanthropy through the Mulago Foundation, which works in global development. The vehicle was established in its current form after Arnhold's brother, Rainer, died in the early 1990s. Rainer practiced medicine in San Francisco and also in the developing world. Mulago has recently funded outfits such as BOMA Project, which works in Kenya to "help the poorest women in those communities establish small businesses that sell local staples," and Jacaranda Health, which "combines the right technologies, efficient systems, and a patient-centered customer service model to make quality care affordable and desirable for poor women." Click here for a list of other outfits funded. Unfortunately for grantseekers, the foundation doesn't accept proposals.
LOOKING FORWARD: Arnhold is in his 90s and has been engaged in philanthropy for years. His son John and other family members already appear to be driving some of the foundation's giving—something that should be watched as the Arnhold family transitions into a new generation of philanthropy.
The Arnhold Foundation does not have much of a web presence or a clear avenue for getting in touch but below is an address:
Arnhold Foundation, Inc.
15 Maiden Ln., Ste. 500
New York, NY 10038
Telephone: (212) 269-8628