Endowment / Foundation

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Thomas L. Kempner, Jr. Foundation

Thomas L. Kempner Jr. created the foundation in 1987 after building his career in investment management. The entity operates from Southampton, New York, and...

Thomas L. Kempner, Jr. Foundation logo

Thomas L. Kempner, Jr. Foundation

Thomas L. Kempner Jr. created the foundation in 1987 after building his career in investment management. The entity operates from Southampton, New York, and lists family members in director and officer roles. Grant activity centers on education, health systems, and conservation. Confirmed recipients include Yale University, Harvard Business School, Mount Sinai Health System, Central Park Conservancy, and the Wildlife Conservation Society. The foundation also holds public market positions through Keewaydin Investments LLC, including Vanguard FTSE Developed Markets ETF, Vanguard S&P 500 ETF, and iShares MSCI Japan ETF. Geographic focus remains the United States with additional exposure noted in agriculture, infrastructure, and private debt. Assets under management stand at $306 million. The foundation lists five service providers including EisnerAmper LLP as auditor and Pavilion Advisory Group Ltd as investment advisor. Thomas Kempner serves as board chair of the Central Park Conservancy. In November 2025 the foundation sponsored the Central Park Conservancy Annual Gala. The foundation maintains a 100 percent ownership stake in Keewaydin Investments LLC, which holds the public equity positions. Governance rests with family directors and integrates with the founder's prior role at Davidson Kempner Capital Management.

General information

Firm type

Endowment / Foundation

Year founded

1987

Location

Region

North America

Country

United States

City

Southampton

Corporate office

26 Hill St # 340, Southampton, NY, United States

Principals

Thomas L. Kempner Jr.

Founder

Katheryn C. Patterson

Vice President/Secretary

Trevor Kempner

Director

Thomas N. Kempner

Director

Jessica S. Kempner

Director

Sector focus

EducationEnvironmentPerforming Arts

Frequently asked questions

Who runs investment decisions at Thomas L. Kempner, Jr. Foundation?

Thomas L. Kempner Jr. founded the entity. Family directors including Katheryn C. Patterson, Trevor Kempner, Thomas N. Kempner, and Jessica S. Kempner serve on the board. Pavilion Advisory Group Ltd acts as external investment advisor.

Where does the underlying wealth come from?

Thomas L. Kempner Jr. generated the capital through investment management, including his founding role at Davidson Kempner Capital Management.

Does the foundation participate in fund commitments or only direct deals?

The foundation holds public equity ETFs and maintains a residential property. It does not disclose commitments to external funds.

What investment stages does the foundation typically target?

The foundation focuses on grant-making rather than staged venture or private equity investments. Its public holdings consist of broad market ETFs.

How is the foundation related to Davidson Kempner Capital Management?

Thomas L. Kempner Jr. founded Davidson Kempner. Anthony Yoseloff is noted as successor and co-leader at the firm.

Does the foundation maintain philanthropic structures, and how are they separated?

The foundation itself serves as the primary grant-making vehicle. It lists separate support for Central Park Conservancy and museum exhibitions without overlapping operating entities.

Which sectors does the foundation explicitly avoid?

No explicit avoidance policy appears in available records. Activity concentrates on education, health, environment, and arts.

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