A graduate of Union College and Harvard Business School, David Viniar began his career at Goldman Sachs in 1980, and rose through the ranks. In 1999, he stepped into the role of CFO at the company, a position he held for more than a decade. In 2011, Bloomberg reported that Viniar had received about $107 million in salary and cash bonuses, in addition to stock and options, since 1999.
It's unclear how much Viniar is currently worth, but in the early 1990s, he created the Viniar Family Foundation, which he runs with his wife Susan. In a recent fiscal year, the foundation gave a little more than $550,000, and held assets of around $16.4 million. Unfortunately for grantseekers, the foundation flies well under the radar, with a minimal web presence and no clear avenue for getting in touch. Here are a few must-knows, however:
1. Support for Education and Youth
Viniar has supported alma mater Union College with millions, including $3.2 million to create the Viniar Athletic Center in 2003. In a recent year, he gave the school more than $100,000. Through their foundation, the Viniars have supported Don Bosco Preparatory High School and the Forum School, both in New Jersey, as well as Harvard Business School and Columbia University, among others. A component of the Viniar's education philanthropy also involves the West Coast: the family has a home in Santa Barbara County, and has recently funded UCSB Athletics, and UCSF Foundation.
The Viniars also support youth. A significant grantee, here, is Pony Power Therapies, a New Jersey-based "nonprofit organization giving special needs and at-risk children and adults a unique opportunity to ride, care for and interact with horses." Pony Power Therapies received close to $120,000 in the most recent tax year available. Some of the foundation's other recent grantees include Ramapo for Children, a summer camp for special needs children, Harlem Children's Zone, Harlem RBI, Girls Leadership Institute, and Storyteller Children's Center, which provides "high quality early childhood education for homeless and at-risk children in Santa Barbara County."
2. Support for Health Outfits, Particularly Cancer Organizations
Of late, the Viniar Family Foundation has given out grants to outfits such as NYU Cancer Institute, Hospital for Joint Diseases, Patient Airlift Services, Leukemia and Lymphoma Foundation, Valley Hospital Foundation in New Jersey, Children's Cause for Cancer Advocacy, and the Tom Coughlin Jay Fund, which helps families dealing with childhood cancer.
3. Other Interests
The Viniars have supported arts and culture outfits such as New York City Ballet, Museum of Modern Art, Public Theatre, Lincoln Center Theater, and The High Line. Susan Viniar, by the way, sits on the board of Friends of the High Line. The couple has also recently supported human services outfits such as Citymeals on Wheels. The Robin Hood Foundation is another recent grantee.
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