NET WORTH: Unknown
SOURCE OF WEALTH: Founder & CEO of Delphi Financial Group
FUNDING AREAS: Public Policy, Education, Art
OVERVIEW: Robert Rosenkranz has been involved in philanthropy for decades and founded the Rosenkranz Foundation in 1985. The foundation's focus is on public policy research, higher education, and the arts. Rosenkranz's wife, Alexandra Munroe, is a senior curator of Asian art at the Guggenheim Museum, and the couple's arts philanthropy has a particular focus on Asian art. In public policy, the couple has supported the Manhattan Institute, where Rosenkranz is a trustee, as well as the American Enterprise Institute and others. Rosenkranz has also been a big backer of his alma mater, Yale, the site of several initiatives and outfits which bear the Rosenkranz name.
BACKGROUND: Robert Rosenkranz graduated from Yale University in 1962, and Harvard Law School in 1965. He began his career as a tax attorney at Cahill, Gordon & Reindel, and worked as an economist at the RAND Corporation. He then joined Oppenheimer & Co., where he advanced to the position of general partner before forming his own private equity firm, Rosenkranz & Company. In 1987, his firm acquired Delphi Financial Group. Delphi was sold to Tokio Marine Group in 2012, and Rosenkranz continues to serve as its chief executive officer.
PUBLIC POLICY: Rosenkranz sits on the board of the Manhattan Institute for Public Policy. Support has gone to that right-of-center outfit as well as to the American Enterprise Institute, the Cato Institute, and Policy Exchange in London. The Rosenkranz Foundation lists public policy as one of its three major interests, along with education and the arts. Perhaps most notably, Rosenkranz started Intelligence Squared U.S., a public policy debate series that reaches a national audience. The Rosenkranz Foundation is also the site of an initiative called the Translation Project, which starts with assumption that "the war on terror is a war of ideas." The initiative has supported the Cato Institute's Lamp of Liberty, whose aim is to translate the works of Adam Smith, Voltaire, and others, into Arabic. It's also worth noting that Rosenkranz's son, Nicholas, is a professor of law at Georgetown, and a senior fellow in Constitutional Studies at the Cato Institute. Rosenkranz's daughter, Stephanie, meanwhile, is an adjunct fellow at the Manhattan Institute.
EDUCATION: Rosenkranz graduated from Yale, as did Nicholas, and the school has been a high priority. Yale is the site of the Rosenkranz Writer-In-Residence, which brings prominent authors, critics, playwrights, journalists, screenwriters, essayists and social commentators to the school. Rosenkranz has also started the Yale Quantitative Reasoning & Science Education Project and is funding the creation of 20 new courses, as well as providing "pedagogic support for the faculty members interested in creating them." Rosenkranz also funded the construction of Rosenkranz Hall, the home of Yale's international relations department. Apart from Yale, the couple recently supported New York Law School and Prep for Prep, which helps children of color gain entry to private schools.
ARTS: Alexandra Munroe is prominent in the arts world and is a senior curator of Asian art at the Guggenheim Museum. Alexandra was raised in Japan, and is also a former vice president of the Japan Society, New York, and former director of its museum. The couple has supported the Solomon Guggenheim Foundation, as well as the Parrish Art Museum, the Cleveland Museum of Art, the Brooklyn Academy of Music, and the Film Society of Lincoln Center, among others. Their philanthropy has a clear bent toward Asian art, and they have provided funding for a series of fully illustrated books called The Culture & Civilization of China, published by the Yale University Press. They have also donated a group of modern Chinese paintings to the Harvard University Art Museums.
LOOKING FORWARD: Rosenkranz has three clear interest areas, but has also given modestly to New York City outfits like the Robin Hood Foundation and the Central Park Conservatory. Rosenkranz's children are also very active in philanthropy and worth watching.
The Rosenkranz Foundation
590 Madison Ave., 30th Fl.
New York, NY 10022