Endowment / Foundation

Updated:

Lighthouse Guild International

Lighthouse Guild International traces its roots to 1906, founded as a charitable organization to serve the blind and visually impaired. Chairman James M.

Lighthouse Guild International logo

Lighthouse Guild International

Lighthouse Guild International traces its roots to 1906, founded as a charitable organization to serve the blind and visually impaired. Chairman James M. Dubin, a former senior partner at Paul, Weiss, Rifkind, Wharton & Garrison LLP, leads a board that includes Vornado Realty Trust Vice Chairman David R. Greenbaum and Kahn Brothers Group President Thomas G. Kahn. The foundation operates from its headquarters at 250 West 64th Street in Manhattan. The organization funds its operations through a dedicated investment portfolio and beneficial interests in perpetual trusts. While exact AUM is undisclosed, the portfolio supports a multi-site healthcare delivery system with clinics in Albany, Buffalo, and Niagara Falls. The asset base leans on direct endowment holdings and real estate assets, including its headquarters and regional clinical properties, rather than a fund-of-funds approach. The investment posture supports vision rehabilitation, technology development, and advocacy programming rather than external co-investment structures. Board member David R. Greenbaum connects the foundation to the Real Estate Board of New York, while the Palm Beach Friends of Lighthouse Guild extend its philanthropic network into Florida. The investment committee operates without a publicly disclosed outside CIO or OCIO mandate, suggesting internal management of the endowment. The foundation has not announced any new pooled funds or fundraising vehicles in the past 24 months. The endowment's structural distinction lies in its perpetual trusts — an arrangement that provides long-term financial ballast outside the typical spend-down pressures of self-liquidating charitable foundations. This trust structure, combined with direct real estate holdings, creates a balance sheet that functions more like a legacy institutional endowment than a program-dependent nonprofit, though the organization does not publicly report investment performance or total corpus size.

General information

Firm type

Endowment / Foundation

Year founded

1906

Location

Region

North America

Country

United States

City

New York

Corporate office

250 West 64th Street, New York, NY 10023, United States

Additional offices

Latham, NY, United States · Buffalo, NY, United States · Niagara Falls, NY, United States

Principals

James M. Dubin

Chairman

Thomas A. Panek

President & CEO

Ronald G. Weiner

Director Emeritus and Deputy Chair

David R. Greenbaum

Board Member

Thomas G. Kahn

Board Member

Marios Damianides

Assistant Treasurer

Sector focus

Healthcare Services

Frequently asked questions

Who oversees investment decisions at Lighthouse Guild?

Lighthouse Guild does not publicly disclose a chief investment officer or external OCIO. Governance sits with the board, which includes David R. Greenbaum of Vornado Realty Trust and Thomas G. Kahn of Kahn Brothers Group. Day-to-day financial management is supported by Assistant Treasurer Marios Damianides, a partner at Ernst & Young. The organization has not published an investment committee charter or meeting minutes.

Does Lighthouse Guild allocate to external fund managers or invest directly?

The foundation holds beneficial interests in perpetual trusts and directly owns commercial real estate, including its Upper West Side headquarters and three upstate New York clinics. No public record indicates commitments to private equity, venture capital, or hedge funds. The portfolio appears to be internally managed without a disclosed OCIO overlay.

What is the source of Lighthouse Guild's endowment funding?

The foundation does not disclose the original donors or wealth origin of its perpetual trusts. Its funding base reflects over a century of charitable giving rather than a single-family fortune. Real estate holdings provide an additional asset class that generates operational income and long-term appreciation.

How does Lighthouse Guild separate its investment activities from its charitable mission?

The foundation operates its healthcare, rehabilitation, and advocacy programs directly from its New York facilities, funded by the investment portfolio. No program-related investment (PRI) or mission-related investment (MRI) framework has been publicly described. The investment corpus functions as a traditional endowment financing the charitable operating budget.

Does Lighthouse Guild have a relationship with any family office or philanthropic network?

The Palm Beach Friends of Lighthouse Guild serves as a philanthropic support network in Florida, and board member David R. Greenbaum links the organization to New York's real estate community through REBNY. No formal multi-family office or co-investment club affiliation has been disclosed.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on endowments & foundations?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

More New York Endowment / Foundation profiles