NET WORTH: Unknown
SOURCE OF WEALTH: GoldenTree Asset Management
FUNDING AREAS: Arts & Culture, Education, Jewish causes, Health
OVERVIEW: Steven Tananbaum and his wife Lisa move their philanthropy through the Lisa and Steven Tananbaum Family Foundation. The couple are major art collectors, who've appeared on ARTnews Top 200 collectors. The Tananbaums steadily support arts and culture, mainly in New York City. The couple also supports the schools they went to. Another interest is Jewish causes.
BACKGROUND: Steven A. Tananbaum is a graduate of Vassar College with a degree in economics. He worked primarily on high yield and merger & acquisition transactions in the corporate finance department of Kidder, Peabody & Co and spent over a decade at MacKay Shields. Tananbaum founded GoldenTree in 2000, a firm which now has some $25 billion of assets under management.
ISSUES:
ARTS & CULTURE: The Tananbaums have been listed in ARTnews Top 200 Collectors quite a few times. They specialize in post-war and contemporary art. The couple via their foundation mainly support arts and culture organizations in New York. Another site of philanthropy is Palm Beach, where the family also takes up residence. Grantees include Norton Museum of Art, Museum of Modern Art, The Bruce Museum, Whitney Museum, The Met, and Foundation of Contemporary Art.
EDUCATION: The couple strongly supports Tananbaum's alma mater, Vassar. In 2011, the family established the Tananbaum fellowships at the school to support student summer internships. The Tananbaums have also supported Northwestern University, Lisa's alma mater. Other grantees have included American School of Classical Studies, and University of Pennsylvania, where they've supported art exhibits. The couple are UPenn parents.
JEWISH CAUSES: A big winner here is the UJA Federation. The couple has also supported Birthright Israel Foundation, American Friends of Israel Museum, Jewish Federation of Palm Beach, US Holocaust Museum, and Park Avenue Synagogue. It's worth noting that even within this grantmaking category, the couple has also supported the arts.
HEALTH: Grantees have included NYU Langone, Mt Sinai Icahn School of Medicine, and National MS Society.
LOOKING FORWARD: Expect the couple's New York City focus to hold. They've also given strong support to Council on Foreign Relations of late.
CONTACT:
Lisa and Steven Tananbaum Family Foundation does not provide a clear avenue for getting in touch with the couple, but below is contact information:
Lisa and Steven Tananbaum Family Foundation
10 Loden Ln.
Purchase, NY United States 10577
Telephone: (914) 251-1040
LINK: