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Gerry and Marguerite Lenfest named to Philanthropy 50

Monday, February 6, 2012   (0 Comments)
Posted by: Amy Seasholtz
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For the 6th time since 2000, H.F. (Gerry) and Marguerite B. Lenfest have been named to the Chronicle of Philanthropy's Philanthropy 50 list of top donors. The Lenfests were ranked 17th, with a total of $75 million in donations in 2011.

According to the Chronicle, the Lenfest's largest single gift was a $40-million pledge to the American Revolution Center at Valley Forge for a building to house its collection, which has been exhibited at various historical sites. Mr. Lenfest is chairman of the organization's Board of Directors.

H.F. (Gerry) and Marguerite B. Lenfest

Photo: Eileen Barroso/Columbia University

 

The couple also pledged $30-million to Columbia University for a new arts complex, which will be named for the donors. The money will be paid over five years. Mr. Lenfest graduated from Columbia Law School in 1958 and serves on the university's Board of Trustees.

The Lenfests also pledged $5-million to the Barnes Foundation. The couple has paid $1-million toward the commitment. The remainder will be paid over the next four years.

Mr. Lenfest founded Lenfest Communications, which he sold to the Comcast Corporation in 2000. The same year, he and his wife founded The Lenfest Foundation, which funds primarily in the areas of education, arts and the environment. The foundation's core programs include the Lenfest College Scholarship Program primarily for students in rural areas and the Lenfest Ocean Program with the assistance of The Pew Charitable Trusts.


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