NET WORTH: Unknown
SOURCE OF WEALTH: Lazard Frères, private equity
FUNDING AREAS: Policy & Global, Education & Youth, Arts & Culture, Health
OVERVIEW: Steven Rattner, his wife Maureen, and family move their philanthropy through the Rattner Family Foundation. The family members are major donors to the Democratic National Committee, and their philanthropy prioritizes policy and international organizations. Education is another interest.
BACKGROUND: Steven Rattner graduated with a bachelor’s degree in economics from Brown University. He was managing director at Morgan Stanley and joined Lazard Frères & Co. in 1989 as a general partner. Rattner was a Co-Founder and Managing Principal at Quadrangle Group LLC at GT Brands LLC from 2000 to 2009 and serves as chairman and CEO at Willett Advisors. He was also Counselor to the Secretary of the Treasury and led the Obama Administration’s effort to restructure the automobile industry.
POLICY & GLOBAL: Steven Rattner was the “car czar” during the Obama Administration. His wife Maureen has been active in politics and policy for years; she was Senior Advisor on Humanitarian Issues in the Office of the Special Representation to Afghanistan and Pakistan in the U.S. Department of State. She’s currently a Senior Fellow at the Foreign Policy Institute at the Paul H. Nitze School of Advanced International Studies, Johns Hopkins University
The couple, via their foundation, have supported International Rescue Committee (Maureen is on the board), Center for Global Development (Maureen is a board member), Council on Foreign Relations, Refugees International, RFK Foundation for Justice & Human Rights, and Brookings Institution, where Rattner is on the board.
EDUCATION & YOUTH: Rattner has supported his alma mater, Brown University. Other grantees include Columbia University, Sesame Workshop, NYC Outward Bound Schools, and Harvard Law School.
ARTS & CULTURE: Grantees include Lower East Side Tenement Museum, Lincoln Center for the Performing Arts, New-York Historical Society, and New York Public Library.
HEALTH: Funds have gone to Weill Cornell Medical College, Hospital for Special Surgery and Pulmonary Fibrosis Foundation.
OTHER: Support has gone to religious organizations, including Martha’s Vineyard Hebrew Center and Church of St. Ignatius Loyola.
LOOKING FORWARD: Rattner and Maureen are major donors to the DNC. Expect their strong and steady support of policy and international institutions to continue.
Rattner Family Foundation
650 Madison Ave, Fl 16
New York City, NY 10022