Richard Menschel Philanthropy and Career

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Richard Menschel's philanthropic efforts have made a significant impact on various causes. He has been a long-time supporter of the arts, particularly the Yale University Art Gallery.

Menschel's career in finance has been marked by his time at Goldman Sachs, where he served as a member of the firm's board of directors.

As a member of the Yale Corporation, Menschel has played a key role in shaping the university's policies and decisions.

Richard Menschel's Career

Richard Menschel had a long and impressive career at Goldman Sachs, spanning 25 years. He rose through the ranks to become a partner by the mid-1970s.

Menschel served on Goldman Sachs' management committee, a position of great responsibility. He was a key figure in the company's decision-making process.

In 1988, Menschel retired as senior director, marking the end of a remarkable chapter in his career. He had achieved great success and recognition within the company.

As a result of Goldman Sachs' initial public offering in 1999, Menschel earned a significant sum of $20 million in shares. This was a testament to his hard work and dedication to the company.

Menschel also served on the board of directors of T. Rowe Price, another notable achievement in his career.

NYC Philanthropy

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Richard Menschel has been engaged in philanthropy for years, with a preference for New York City. He, along with his brother Robert, has been involved with at least five philanthropies over the years.

Richard Menschel attended Bronx High School of Science, Syracuse University, and then Harvard Business School. After serving in the Air Force, he got a job at Goldman Sachs, where he currently serves as a senior director.

The Charina Foundation, which gives away around $1 million annually, is one of the philanthropies that Menschel and his wife Ronay use to support their charitable efforts. The Charina Endowment Fund, which was created from a bequest, has posted around $308 million in assets and gave away over $11 million in one year.

Menschel has supported education in New York, including his alma maters. He has also recently supported Rockefeller University and New York Law School.

Menschel has supported education reform, including the city's Panel for Education Policy, where he was appointed by then Mayor Michael Bloomberg in 2002. He has also supported outfits such as Uncommon Schools, Partnership for Inner City Education, KIPP NYC, and the After-School Corporation.

Menschel is a chairman emeritus at the Hospital for Special Surgery in New York, and millions have streamed to that outfit from the Charina Endowment Fund.

Carole Veum

Junior Writer

Carole Veum is a seasoned writer with a keen eye for detail and a passion for financial journalism. Her work has appeared in several notable publications, covering a range of topics including banking and mergers and acquisitions. Veum's articles on the Banks of Kenya provide a comprehensive understanding of the local financial landscape, while her pieces on 2013 Mergers and Acquisitions offer insightful analysis of significant corporate transactions.

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