Thomas and Margaret Healey

NET WORTH: Unknown

SOURCE OF WEALTH: Goldman Sachs; Healey Development

FUNDING AREAS: Education, Religious (Catholic) Outfits, Policy, Health

OVERVIEW: Thomas Healey, his wife Margaret, and family move their philanthropy through their Healey Family Foundation, which gave around $1 million recently. The foundation flies well under the radar, though a brief description on the family office's website describes focusing on "education opportunities, especially for grades K-12," and "improving the financial management within the U.S. Catholic Church." The family also earmarks sums for health and policy.

BACKGROUND: Born in 1942, Thomas J. Healey graduated from Georgetown University in 1964 and Harvard Business School in 1966. Healey served as assistant secretary of the treasury for domestic finance under Ronald Reagan and joined Goldman Sachs in 1985 to create the real estate capital markets group, and founded the pension services group in 1990. He became a partner at Goldman in 1988 and a managing director in 1996. Healey is currently a principal of Healey Development, a family office based in New Jersey.

ISSUES:

EDUCATION: Healey has supported his alma maters, Georgetown and Harvard. At Georgetown, a gift from the family created the Healey Family Student Center. Not only did Healey graduate from Georgetown, but so did his son Jeremy and his daughter-in-law. Past Georgetown efforts include Lauinger Library and an endowed professorship. The Healeys have also recently supported various Harvard outfits such as Harvard Business School Fund, Harvard Magazine, and Harvard School of Public Health. Other education grantees have included Teach for America, the Peck School, Rosemont College, Fordham University, Delbarton School, 50Can, Williams College, and Foundation for Opportunity in Education. Healey has also funded Catholic schools such as St. Pius X Catholic High School, and Cristo Rey NY High School and has written about the importance of these institutions. 

RELIGIOUS OUTFITS: Healey sits on the board of directors of the National Leadership Roundtable on Church Management, whose mission is "to promote excellence and best practices in the management, finances, and human resource development of the Catholic Church in the U.S. through the greater incorporation of the expertise of the laity." As well, he's penned articles for America, a national Catholic weekly magazine. Grantees have included Diocese of Metuchen, Carmelite Sisters of Baltimore, Maryknoll Lay Missioners, Diocese of Paterson, Archdiocese of Newark, National Leadership Roundtable on Church Management, Foundations and Donors Interest in Catholic Activities (FADICA), Catholic Charities of Brooklyn and Queens, Maryknoll Sisters, St. Paul Inside the Walls: the Catholic Center for Evangelization at Bayley-Ellard, and RENEW International, which "fosters spiritual renewal in the Catholic tradition by empowering individuals and communities to encounter God in everyday life, deepen and share faith, and connect faith with action."

HEALTH: The Healey family, through their foundation, also earmarks sums for health. Grantees have included Foundation for Morristown Medical Center, Damon Runyon Cancer Research Foundation, Overlook Hospital Foundation, and Migrane Research Foundation. It's worth mentioning that Healey's wife Margaret is a psychologist, though grantmaking in this area has been modest of late. 

POLICY: Given Healey's work in government, it's no surprise that a component of the family's philanthropy involves policy. The Healeys have recently funded outfits such as Kellogg Institute for International Studies, Hoover Institution, Cato Institute, Manhattan Institute for Policy Research, and The Becket Fund for Religious Liberty. Healey is a senior fellow at Harvard University’s Kennedy School of Government.

LOOKING FORWARD: Healey is in his 70s, and has been active in business, as well as civic and philanthropic life. Down the line, we'll also have to keep an eye on the Healeys' kids, as well as son-in-law John Hagerty, who is a principal of the family office.

CONTACT:

The Healey Family Foundation does not provide a clear avenue for getting in touch but below is an address

Healey Family Foundation
77 Water St., 9th Fl.
New York City, NY 10005

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