NET WORTH: Unknown
SOURCE OF WEALTH: Kensico Capital Management
FUNDING AREAS: Education & Youth, Jewish causes, Arts & Culture, Health & Human Services
OVERVIEW: Michael Lowenstein conducts philanthropy through the Michael & Carol Lowenstein Foundation, established last decade. In a recent year, around $1.3 million went out. Lowenstein supports his schools, UPenn and Northwestern. He's also a steady backer of Jewish causes.
BACKGROUND: Michael Lowenstein graduated from the Hackley School in Westchester County, New York, and University of Pennsylvania. He received an MBA from Northwestern University. He was a vice president of the Mutual Shares Corporation, an equity mutual fund in Short Hills, N.J. He went on to cofound Kensico Capital Management in 2000.
EDUCATION & YOUTH: Lowenstein has supported his schools UPenn (including UPenn Hillel) and Northwestern. His late wife Carol also graduated from UPenn. Other grantees include Say Yes To Education and Yonkers Partners in Education.
JEWISH CAUSES: Carol Lowenstein had been active with her local synagogue, and served on the board. The family, via their foundation, steadily supports a number of Jewish organizations. Grantees have included UJA Federation of New York, Facing History & Ourselves National Foundation, Richard Rosenthal Jewish Comunity Center, Birthright Israel Foundation, Temple Shaaray Tefila of Westchester, and Jewish Child Care Association of New York. Lowenstein has also directed money to a donor advised fund at Jewish Community Fund.
ARTS & CULTURE: Lowenstein has supported Actors Fund of America and Jacob Burns Film Center.
HEALTH & HUMAN SERVICES: Grantees include The Food Bank of Westchester, Pediatric Cancer Research Foundation, Memorial Sloan Kettering Cancer Center, and Orphan Disease Pathway Project.
LOOKING FORWARD: Expect Lowenstein to stick with his existing interest areas, with strong support of Jewish organizations.
The Michael & Carol Lowenstein Foundation does not provide a clear avenue of contact, but below is an address:
The Michael & Carol Lowenstein Foundation
55 Railroad Ave., 2nd Fl.
Greenwich, CT 06830