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William Randolph Hearst Foundation
The William Randolph Hearst Foundation is a non-profit organization based in New York, New York. It supports various charitable causes and initiatives.
William Randolph Hearst Foundation
The William Randolph Hearst Foundation is a non-profit organization based in New York, New York. It supports various charitable causes and initiatives. The foundation's activities are guided by its mission and goals.
General information
Firm type
Endowment / Foundation
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Principals
William R. Hearst III
President and Director
Frank A. Bennack Jr.
Vice President and Director
Roger P. Paschke
Assistant Treasurer / CIO
Sector focus
Frequently asked questions
Who runs investment decisions at the William Randolph Hearst Foundation?
Roger P. Paschke serves as Assistant Treasurer and CIO. External managers Dodge & Cox, T. Rowe Price, and M.A. Weatherbie execute day-to-day portfolio management.
Does the foundation participate in fund commitments or only direct deals?
The foundation invests exclusively as a limited partner in commingled funds. Holdings include multiple Blackstone and Westbrook real estate vehicles plus buyout funds.
Where does the underlying wealth come from?
The endowment originated from the media fortune built by William Randolph Hearst. The foundation remains independent of Hearst Corporation while sharing board members.
What investment stages does the foundation target?
The foundation targets mature buyout and real estate private equity funds. No early-stage venture or growth equity positions appear in disclosed holdings.
How is the foundation related to Hearst Corporation?
The foundation is legally separate yet shares leadership with Hearst Corporation. William R. Hearst III serves as both foundation President and Hearst Corporation Chairman.
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