Thomas and Margaret Healey
/SOURCE OF WEALTH: Goldman Sachs; Healey Development
FUNDING AREAS: Education, Catholic Causes, Health, Policy
OVERVIEW: Thomas and Margaret Healey move their philanthropy through the Healey Family Foundation, which supports education, Catholic causes, policy and health. According to available tax filings, the foundation awarded around $2.2 million in grants in 2017.
BACKGROUND: Born in 1942, Thomas J. Healey graduated from Georgetown University in 1964 and Harvard Business School in 1966. Early in his career, he worked at the financial firm Dean Witter Reynolds. In 1983, he was appointed Assistant Secretary of the U.S. Treasury for Domestic Finances by President Ronald Reagan. In 1985, he returned to the financial industry, working with Goldman Sachs and becoming a partner in 1996. He has since founded four financial companies: Primsa Capital Partners, FIA Timber Partners, Anthos Capital and Broad Hollow Partners. Healey currently runs his family office and is a senior fellow at Harvard’s John F. Kennedy School of Government. Margaret Healey is a psychologist.
ISSUES:
EDUCATION: The Healeys ‘education philanthropy has been directed mainly toward higher education and Catholic schools. Thomas Healey serves on the College Board of Advisors at his alma mater Georgetown University. Through their foundation, the Healeys have also funded Georgetown’s Healey Family Student Center, supported the Lauinger Library and endowed a professorship. At Harvard, the Healeys have supported the Harvard Business School, the T.H. Chan School of Public Health and Harvard Magazine. Other past higher education grantees include Rosemont College, Fordham University and Williams College. Thomas Healey has written extensively about the importance of Catholic schools, and the family foundation has supported St. Pius X Catholic High School and Cristo Rey New York High School. Other past education grantees include Teach for America, the Peck School and 50Can, an organization that advocates for high quality education and educational change across the U.S.
CATHOLIC CAUSES: The Healeys support Catholic causes and have been involved with “improving the financial management within the Catholic Church.” Thomas 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." Other past grantees in this area include the Carmelite Sisters of Baltimore, the Maryknoll Lay Missioners, Foundations and Donors Interest in Catholic Activities, Catholic Charities of Brooklyn and Queens, St. Paul Inside the Walls 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." In New Jersey, the Healeys have also supprted the Dioceses of Metuchen and Paterson and the Archdiocese of Newark.
HEALTH: The Healeys support health broadly. Past grantees include New Jersey’s Morristown Medical Center, the Damon Runyon Cancer Research Foundation, the Overlook Hospital Foundation, and the Migraine Research Foundation.
POLICY: The Healeys have not articulated their priorities in the area of policy, but past grantees include conservative and libertarian organizations. Recipients of funding have included the Kellogg Institute for International Studies, the Hoover Institution, the Cato Institute, the Manhattan Institute for Policy Research and The Becket Fund for Religious Liberty.
LOOKING FORWARD: The Healeys will likely to continue their support of education and Catholic causes.
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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