NET WORTH: Unknown
SOURCE OF WEALTH: Long Light Capital
FUNDING AREAS: Environment, Global, Education
OVERVIEW: Philip and Catherine Korsant and family conduct their philanthropy through the Korsant Family Foundation. Available tax filings indicate that the foundation awarded $132,000 in grants in 2018. Korsant is on the board of trustees of National Resources Defense Council, and the family steadily supports environmental organizations.
BACKGROUND: Philip Korsant was born in Miami, Florida, and received a degree in economics from the University of Miami. He arrived in New York in 1970 and worked for Ziff Corporation, eventually serving as president. Korsant went on to found Korsant Partners, now Long Light Capital.
ISSUES:
ENVIRONMENT: Korsant is a trustee of National Resources Defense Council, which the family has supported. The Korsants have supported Everglades Foundation, The Climate Reality Project, Wildlife Conservation Society, Sierra Club Foundation, and Weantinoge Heritage Land Trust in Connecticut.
GLOBAL: The family has supported global organizations Doctors Without Borders, Hope for Haiti, and Smile Train.
EDUCATION: Korsant supports his alma mater, University of Miami.
LOOKING FORWARD: The family has steadily backed select environmental organizations. What is less clear is whether their giving will expand in the coming years. The couple's two children may also become relevant.
CONTACT:
Korsant Family Foundation
107 Andros Road
Key Largo, FL 33037