OVERVIEW: The Sue and Edgar Wachenheim Foundation primarily funds grantmaking related to education and the arts. It also earmarks funds for health, human services, and Jewish organizations.
IP TAKE: The foundation keeps a low public profile, which limits information available on its grantmaking priorities and activities.
PROFILE: The Sue and Edgar Wachenheim Foundation was established in 1968. Its founders are financier Edgar "Ed" Wachenheim and his wife Sue. Ed serves as chairman of Greenhaven Associates, a New York money-management concern. The foundation does not maintain a website, which makes it difficult to locate further information on its priority areas and grantmaking strategies. Tax filings suggest that the Sue and Edgar Wachenheim Foundation primarily funds grantmaking related to education and the arts. It also earmarks funds for health, human services, and Jewish organizations.
Wachenheim has given millions to his alma mater Williams College, home to the Sue and Edgar Wachenheim III Professor of History and the Wachenheim Family Courtyard. The couple's son, Chris, also graduated from the liberal arts college. Additionally, Wachenheim chairs the board of WNET, the public television station, and the family have given the outfit millions. Wachenheim is also a trustee of MoMA, another important grantee.
Grants range from $1,000 to around $12 million. In a recent fiscal year, the foundation gave away around $17 million. Past grantees include American Museum of Natural History; The Met; Rye Country Day School (Wachenheim is a trustee emeritus); Blythedale Children’s Hospital (the couple's son Lance is on the board); Food Bank of Westchester; and The Jewish Museum.
The Sue and Edgar Wachenheim Foundation keeps a low profile and does not accept unsolicited proposals.
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CONTACT:
Sue & Edgar Wachenheim Foundation
3 Manhattanville Road
Purchase, NY 10577