NET WORTH: Unknown
SOURCE OF WEALTH: Capital Midwest Fund
FUNDING AREAS: Education, Arts & Culture, Policy, Milwaukee Community
OVERVIEW: Stephen Einhorn and family move their philanthropy through the Einhorn Family Foundation. The foundation tends to support organizations in the Milwaukee area, in the realm of “arts, education, and promoting liberty.” The foundation has given under $400,000 annually in recent years.
BACKGROUND: Stephen Einhorn earned a BA in chemistry from Cornell and an MS in chemical engineering from Brooklyn Polytechnic Institute. He went on to found Einhorn Associates, providing merger and acquisition services to chemical firms and is a general partner of Capital Midwest Fund. Einhorn is the father of hedge fund billionaire David Einhorn.
EDUCATION: Stephen Einhorn and family via their foundation have supported Concordia University; Milwaukee Institute of Art and Design; School Choice Wisconsin; Next Door, which focuses on early childhood education; and Turning Point USA, whose mission is to “identify, educate, train, and organize students to promote the principles of fiscal responsibility, free markets, and limited government.”
ARTS & CULTURE: The Einhorns have been particularly strong supporters of Milwaukee Ballet, home to the Milwaukee Ballet II Program, which was established in the late 1970s. Other grantees have included Milwaukee Art Museum, Milwaukee Repertory Theater, and In Tandem Theater.
POLICY: The Einhorn foundation’s grantmaking has supported right-of-center outfits like Cato Institute, Heritage Foundation, and American Enterprise Institute.
OTHER: In the past, the foundation has supported select Jewish organizations, and the Einhorns have steadily directed money to the Bradley Impact Fund.
LOOKING FORWARD: Expect this part of the Einhorn clan to continue to focus on the Milwaukee area. Down the line we’ll also have to keep an eye on son Daniel, who works with his father at Capital Midwest.
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