NET WORTH: Unknown
SOURCE OF WEALTH: Gillette Company, Centerview Capital
FUNDING AREAS: Education & Youth, Policy, Health, Environment
OVERVIEW: James Kilts and his wife Sandra move their philanthropy through the Kilts Family Foundation, which gave around $1.2 million in a recently reported tax year. The foundation's grantmaking focuses on a handful of organizations. Kilts strongly supports his alma mater Knox College. Other big winners include Weill Cornell Medical College, where he's on the board of overseers.
BACKGROUND: James M. Kilts graduated from Knox College and earned his MBA from the University of Chicago. Kilts began his career with the General Foods Corporation in 1970 and also worked for Kraft and Oscar Meyer. Kilts was formerly chairman, CEO, and President of The Gillette Company before joining Centerview Capital, where he's a founding partner.
EDUCATION & YOUTH: In 2001, Kilts and Sandra gave his undergraduate alma mater Knox College an $11 million gift. The couple continue to support their school via their family foundation. They've also supported University of Chicago Booth School: UChicago is home to the James M. Kilts Center for Marketing at the Graduate School of Business. Kilts is on the board of Weill Cornell Medical College, which has also received strong support.
Other grantees have included Lancaster Country Day School, Clemson University Foundation, George Mason University Foundation, and Foundation for Teaching Economics (FTE), whose mission is to "introduce young individuals, selected for their leadership potential, to an economic way of thinking about national and international issues, and to promote excellence in economic education by helping teachers of economics become more effective educators."
POLICY: Kilts sits on the board of the Cato Institute, which the couple supports. Other grantees have included The Ayn Rand Institute and Yankee Institute for Public Policy Studies.
HEALTH: Grantees have included Global Lyme Alliance and Greenwich Hospital.
ENVIRONMENT: Kilts is an avid fly fisherman, and has supported places like Wild Salmon Center, American Museum of Fly Fishing, and Westchester Land Trust.
LOOKING FORWARD: It's unclear how much money is waiting in the wings here, but expect the couple to stick with their established interest areas, largely tracking with board memberships and other personal connections.
The Kilts Family Foundation does not provide a clear avenue of contact but below is an address:
The Kilts Family Foundation
P.O. Box 860
Saratoga Springs, NY 12866