Orlando and Katy Bravo
/SOURCE OF WEALTH: Thoma Bravo
FUNDING AREAS: Humanitarian (Puerto Rico), Health & Human Services
OVERVIEW: Orlando Bravo and his wife Katy conduct their philanthropy through the Bravo Family Foundation and its affiliate, the Bravo Family Charitable Foundation, both recently minted. Orlando Bravo has committed $100 million to the Bravo Familly Foundation. Bravo has directed millions to hurricane relief efforts in his native Puerto Rico.
BACKGROUND: Born in Puerto Rico, Orlando Bravo graduated from Brown University and received his J.D. and MBA from Stanford. Bravo worked in M&A at Morgan Stanley and went on to cofound Thoma Bravo, a private equity firm managing over $17 billion.
ISSUES:
HUMANITARIAN (IN PUERTO RICO): The Bravos' largest and most recent project is Podemos (“We Can”) Puerto Rico, a "multi-million dollar commitment to support Orlando’s native Puerto Rico recover from the devastating effects of Hurricane Maria." Bravo put up $10 million of his own money to jumpstart hurricane relief efforts. Podemos currently serves the municipalities of San German, Mayaguez, Lares, Utuado, Arroyo, Comerio, Guayama, and Arecibo. In addition to disaster relief, Podemos Puerto Rico aims to eventually "promote education and opportunity."
Outside of Puerto Rico, the couple have also been interested in strengthening educational opportunities for disadvantaged communities. The couple has a project in Kenya, which the couple has visited several times, to support an orphanage and construct a much-needed school.
HEALTHCARE: The couple lost their infant daughter Isabella in 2016 and are passionate about the health and well-being of children. They have supported Columbia University Medical Center’s Neonatal Comfort Care Program and the UCSF Center for Reproductive Health, among other outfits dedicated to helping less fortunate children. The Bravos have also helped endow faculty scholar and fellow positions at Stanford University’s Sean N. Parker Center for Allergy Research.
OTHER: Bravo played tennis as a youth. While he did not pursue the sport professionally, he sits on the board of the Border Youth Tennis Exchange (BYTE), a "charitable organization founded to enhance the lives of children and young adults on the U.S./Mexican border through tennis, education and cross-border exchange."
LOOKING FORWARD: The Bravos' giving is just getting started but their young foundation should be watched for greater giving in the coming years.
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