Former Goldman Sachs Partner Daniel Neidich held a 0.9 percent stake in the firm prior to its 1999 IPO, a stake worth some $148.5 million, according to Business Insider. I've written about a number of these Goldman Sachs executives and their philanthropy in recent months. Neidich's share of the IPO was one of the largest, but it's unclear how much he's currently worth. After leaving Goldman, Neidich went on to found Dune Real Estate Partners, a New York-based real estate investment firm, and currently serves as CEO.
Neidich has made a killing through his understanding of real estate over the years (he joined Goldman in real estate banking department), and he and his wife Brooke Garber Neidich have a family foundation through which they move their charitable contributions. Brooke plays a large role in the couple's philanthropy. She inherited her father's jewelry business, Sidney Garber Fine Jewelry, where she worked while growing up.
Brooke, an NYU alum, developed a strong interest in the arts and has been active in the New York City arts scene for years. She was co-chair of the board of trustees of the Whitney Museum of Art for seven years and is currently a trustee. Brooke is also a vice chair of the board of Lincoln Center Theater. These board involvements have resulted in much Neidich-funded philanthropy in the arts and beyond.
The couple's Daniel M. Neidich & Brooke Garber Foundation has given away around $2 million annually in recent years, supporting a range of arts institutions, mainly in New York, but also beyond. They've supported the Whitney Museum, the Studio Museum and the New Museum, with much more modest sums to the Jewish Museum and the Bronx Museum, among others. The couple gave some $433,000 to Whitney Museum via their foundation in the 2014 fiscal year. Theaters have also had a friend in Dan and Brooke Neidich, who've supported Lincoln Center Theatre, as well as outfits like Roundabout Theatre Company, and Public Theater.
The couple has also supported music outfits such as Jazz at Lincoln Center. Other recent grantees include Tribeca Film Institute, Creative Time (where the couple's oldest son is on the board), the Drawing Center, Storefront for Art & Architecture, PEN American Center, Lighthouse International, New York Foundation for the Arts, Foundation for Contemporary Arts, and the Aperture Foundation.
Outside New York City, Neidich and Brooke have recently funded Telluride Mountainfilm, and LAND (Los Angeles Nomadic Division), "a nonprofit organization founded in 2009 committed to curating site-specific public art exhibitions in Los Angeles and beyond." The couple is particularly fond of ski town Telluride, Colorado. The connection with LAND is that it is run by a former Whitney Museum Curator.
Unfortunately for grantseekers, the Neidich Foundation does not have much of a web presence, nor does it provide a clear description for what it's looking for in its arts grantees, but board involvement and a personal connection to the outfit appears key. Brooke Neidich is on Linkedin and also lists contact information on her company's website. Dan Neidich is on Linkedin, too. As far as the couple's other philanthropy, one big area is children's mental health and learning differences. Brooke cofounded and chairs the board of the Child Mind Institute (CMI), after discovering a learning issue in one of her own sons. For a full rundown of the Neidich couple's philanthropy, click the links below.
Related: Daniel M. Neidich