NET WORTH: Unknown
SOURCE OF WEALTH: Goldman Sachs
FUNDING AREAS: Education & Youth, Health, Environment, Media
OVERVIEW: Michael Rantz and his wife Paula move their philanthropy through the Michael and Paula Rantz Foundation, which has given in the neighborhood of $500,000 annually in recent years. An important site of philanthropy is the Bay Area, where the couple takes up residence and sits on several boards. Education and health are among this funder’s interests.
BACKGROUND: Michael Rantz holds a B.A. from Cornell University and an M.B.A. from the University of Chicago. Rantz joined Goldman Sachs in 1983 and became a partner in 1992. Rantz was responsible for global government bond trading at Goldman Sachs & Co. in London from 1995 to until his retirement in 1999.
ISSUES:
EDUCATION & YOUTH: Michael Rantz supports his alma maters Cornell and UChicago through the family’s foundation. The couple has also directed money to various Bay Area schools and education outfits like KIPP Bay Area Schools, Phillips Brooks School, The Menlo School, and The Castilleja School. Other grantees have included St. Francis College in Brooklyn, and UPenn.
HEALTH: Grantees have included Lennox Hill Hospital, Leukemia & Lymphoma Society, Colon Cancer Foundation, and Bay Area Lyme Foundation, where the couple has hosted a benefit dinner at their residence.
ENVIRONMENT: The couple has also supported environmental outfits like Volcan Mountain Foundation which works for Volcan Mountain Wilderness Preserve in California, and Pepperwood Preserve.
MEDIA: The Rantz couple has recently supported Foundation for National Progress and Internews Network.
LOOKING FORWARD: Expect the couple’s interest areas to hold. What’s less clear is if a large amount of money will start moving out the door in the foreseeable future.
CONTACT:
The Michael and Paula Rantz Foundation does not provide a clear avenue of contact but below is an address:
The Michael and Paula Rantz Foundation
77 Water St., 9th Fl.
New York City, NY 10005