Some History and Current Work of New York Based Foundations
On this week’s show we will explore New York as a center of Philanthropy, including the history and present work of some New York based foundations.
My guests will be Azra Dawood, Postdoctoral Fellow of the Museum of the City of New York, and , and Kenneth Fisher, Partner at Fisher Brothers Real Estate, Chairman & CEO of the Fisher House Foundation, and Co-Chairman of the Intrepid Museum Foundation.
Tune in for this fascinating conversation at TalkRadio.nyc or watch the Facebook Livestream by clicking here.
Jeff introduces the topic of today’s episode, as well as his first guest Azra Dawood, postdoctoral fellow of the Museum of the City of New York. Jeff and Azra discuss when Azra first visited New York City, and what drew her to the city. Azra explains why she decided to change her field of study from architecture to the history of architecture, and her educational journey through the history of architecture. Jeff and Azra discuss the topic of Azra’s dissertation, John D. Rockefeller Jr., and why Azra decided to write a dissertation on him. Azra explains the scope of John D. Rockefeller Jr.’s philanthropy, and how she was interested behind the why of his philanthropy. Jeff and Azra discuss what philanthropy is, and how it differs from charity.
Jeff and Azra discuss modern philanthropy in the United States, and its rise in 1867 in relation to the Education Fund, as well as the larger philanthropy foundations located in New York during the turn of the 20th century. Azra explains why many of the larger philanthropy foundations came to be based in New York City, dating back to the gilded age. Jeff and Azra discuss philanthropy in New York that was enacted by non-New Yorkers, specifically in the modern day. The two then discuss notable foundations that are both based in and spend most of their money in New York, as well as the Central Park Conservancy and the history behind it. Azra retells the different philanthropy projects that John D. Rockefeller Jr. enacted and completed throughout New York. Azra explains the importance of critiquing both the old and the new gilded age, and the philanthropy that emerged from it.
Jeff introduces his second guest, Kenneth Fisher, Partner at Fisher Brothers Real Estate, Chairman & CEO of the Fisher House Foundation, and Co-Chairman of the Intrepid Museum Foundation. Jeff and Kenneth discuss Kenneth’s family’s history in real estate, and his personal history in real estate. Kenneth retells his personal experiences of philanthropy, and how he became involved with the City Investment Fund. Kenneth explains his family’s involvement with the USS Intrepid’s final sail in 1981, which started his and his family’s dedication to giving back to the United States military families.
Jeff and Kenneth discuss the Fisher House Foundation and the history behind it, and how it came about when Kenneth’s relative came to the realization that there was a need for military families to find an affordable place to stay while their family members were in the hospital. Kenneth discusses how the United States government shutdown in 2013 impacted the families of the fallen, and how the Fisher House Foundation worked to help the impacted families, who were not receiving the funds promised by the government. Jeff and Kenneth discuss how many foundations don’t get held accountable for how they spend their money, and that Kenneth didn’t want the Fisher House Foundation to be one of those foundations, so he puts a large focus on integrity and not to spend money on marketing. Kenneth discusses his involvement in the Jackie Robinson Foundation, and what the foundation does.
00:00:40.260 --> 00:00:49.530 Jeff Goodman: Hello everyone, welcome to our listeners in the big apple from across the US and around the world i'm Jeff Goodman, and this is rediscovering New York.
00:00:50.190 --> 00:00:56.010 Jeff Goodman: professionally i'm a real estate broker with brown Harris Stevens, but rediscovering New York is not a program about real estate.
00:00:56.550 --> 00:01:12.990 Jeff Goodman: it's a program about New York it's a weekly show about the history texture and vibe of our amazing city, and we do it through interviews with historians local business owners nonprofit organizations preservationists local musicians and artists and the occasional elected official.
00:01:14.040 --> 00:01:21.930 Jeff Goodman: On some shows you know we focus on an individual New York neighborhood we explore its history and its current energy what makes that particular New York neighborhood special.
00:01:22.800 --> 00:01:30.810 Jeff Goodman: On some shows like tonight's we host an interesting and vital color in the city and its history that's not a bad one particular neighborhood.
00:01:31.770 --> 00:01:42.390 Jeff Goodman: Prior episodes you've heard us cover topics as diverse and illuminating as American presidents who came from lived in or had some interesting history here in New York, about half of them believe it or not.
00:01:43.290 --> 00:01:50.100 Jeff Goodman: We explored the history of women activists and the women's suffrage movement in the city we've looked at the history of different immigrant communities.
00:01:50.790 --> 00:01:54.900 Jeff Goodman: we've talked about the history of the city's LGBT community in the gay rights movement.
00:01:55.500 --> 00:02:02.040 Jeff Goodman: we've explored the history of bicycles and cycling we've looked at the history of punk and opera those were separate shows, by the way.
00:02:02.790 --> 00:02:12.270 Jeff Goodman: we've looked at our public library systems, the subway some of our greatest train stations and even some of our bridges, yes, everyone in New York, we even have great bridges.
00:02:12.990 --> 00:02:19.440 Jeff Goodman: After the broadcast each show is available on podcast you can hear us on apple spotify soundcloud stitcher and other services.
00:02:20.040 --> 00:02:26.550 Jeff Goodman: Tonight we're doing one of those special shows we're going to focus on the topic of philanthropy not just charity but philanthropy.
00:02:26.940 --> 00:02:39.360 Jeff Goodman: Specifically, and we're going to do it New York style what's the history of philanthropy in New York and also what is some of the current trends in philanthropy and why do people who were philanthropists actually do what they do.
00:02:40.710 --> 00:02:52.410 Jeff Goodman: My first guest is also down she's an architectural historian and she focuses on the modern period her research examines how the United States political relations with parts of the non West.
00:02:52.920 --> 00:03:07.290 Jeff Goodman: Have impacted built environments, both here in the US and abroad, in particular azra investigates philanthropy religion and empires as important determinants of these international relationships and environments as well completed her PhD in.
00:03:08.370 --> 00:03:15.330 Jeff Goodman: From MIT is Agha Khan program for Islamic architecture and the history theory and criticism of architecture and art Program.
00:03:16.080 --> 00:03:26.460 Jeff Goodman: Her dissertation is entitled building Protestant modernism john D Rockefeller jr and the architecture of an American internationalism, the years focused in 1919 to 39.
00:03:27.330 --> 00:03:37.980 Jeff Goodman: Prior to PhD also was trained as an architect for teaching, research and architectural careers, who spent Texas New York City Boston and Karachi correct us in Pakistan.
00:03:38.490 --> 00:03:50.310 Jeff Goodman: She currently holds the Andrew w melon postdoctoral curatorial fellowship the Museum of the city of New York and we extend a hearty welcome to azra now azra a hearty welcome to rediscovering New York.
00:03:50.610 --> 00:03:52.410 Azra Dawood: Thank you i'm happy to be here.
00:03:53.610 --> 00:04:05.610 Jeff Goodman: Is this is a program that in New York, I like to ask people where they're originally from and if they are from New York what brought them to our amazing city you're obviously not from New York originally and nor from the United States when did you first visit the city.
00:04:06.480 --> 00:04:19.170 Azra Dawood: I first visited in 2000 and at that time I was an undergraduate student in Austin in Texas, and I moved to New York City a year later in 2000 and when.
00:04:22.200 --> 00:04:35.430 Jeff Goodman: You first studied architecture when did you decide that you wanted to make the focus of your career, the study of the history of architecture, instead of designing buildings yourself and living spaces in office buildings.
00:04:35.790 --> 00:04:46.440 Azra Dawood: yeah so I can tell you the exact year, the year was 2007 and I decided that I wanted to make this transition and I started looking at graduate programs for that.
00:04:47.790 --> 00:04:59.040 Azra Dawood: And you know I really enjoyed my career as an architect, I worked for a small firm in lower Manhattan and we did these really interesting small scale residential projects at the time.
00:04:59.640 --> 00:05:12.180 Azra Dawood: And some cultural institutions, but one of the things that I became really interested in it was not just sort of how we put these projects together in terms of material and construction but also.
00:05:13.590 --> 00:05:17.400 Azra Dawood: Broadly speaking, in terms of architecture, the built environment how.
00:05:18.750 --> 00:05:35.130 Azra Dawood: These things are determined by where the money comes from they're determined by politics determined by culture by by social, cultural issues and so on and so that's really what got me interested in architectural history.
00:05:36.330 --> 00:05:39.960 Jeff Goodman: What was it that had you choose MIT to earn your PhD.
00:05:40.650 --> 00:05:49.560 Azra Dawood: yeah so I you know I first went to MIT to pursue a master's in architectural history and, at the time, I had no intention of doing a PhD.
00:05:50.220 --> 00:06:06.780 Azra Dawood: And then the PhD game later, and the reason why I picked MIT for a booth is because MIT has one of the top programs in the history theory and criticism of architecture and I don't i'm sorry I don't recall the exact ranking but it's it's up there.
00:06:08.100 --> 00:06:23.520 Azra Dawood: And so it was you know, a logical choice for that reason, but also the MIT architecture department had within it, this program called the other hand, program for Islamic architecture and I was particularly interested in that.
00:06:24.900 --> 00:06:30.450 Jeff Goodman: Well, the topic of your dissertation sort of is very appropriate to the topic that we're going to talk about tonight.
00:06:31.200 --> 00:06:42.450 Jeff Goodman: I want to ask you what had you choose to research and write about john D Rockefeller jr, but I want to let our listeners know, most of them have probably know who john D Rockefeller was He founded standard oil.
00:06:42.870 --> 00:06:52.170 Jeff Goodman: And was promoted to be the richest man in America at the turn of the 20th century his son john G jr got involved in other business ventures distinct from his father's.
00:06:52.560 --> 00:06:59.550 Jeff Goodman: Including the creation and construction of Rockefeller Center of which we are eternally grateful that we have in New York, I love Rockefeller Center.
00:06:59.790 --> 00:07:06.780 Jeff Goodman: And he also became a philanthropist in his own right What was it that had you become interested in researching and writing about about him.
00:07:07.380 --> 00:07:13.920 Azra Dawood: Yes, i'll give you sort of a long answer, and you can get me off if we're running out of time, but I basically.
00:07:14.820 --> 00:07:31.350 Azra Dawood: I became aware of a project that he had proposed, for you know the area we now call the Middle East, back in the 1920s, and he goes and built many projects there, but this particular project and it was in Egypt, it was rejected by the Egyptian Government.
00:07:32.580 --> 00:07:37.890 Azra Dawood: And I had read an article about this and I became interested in, I wanted to do further research and so.
00:07:38.280 --> 00:07:45.540 Azra Dawood: I thought originally that I could find my answers by you know as to why this project was proposed and the thinking behind it, by looking at.
00:07:46.170 --> 00:07:56.640 Azra Dawood: The egyptologists would propose the project, and then I thought, maybe it's the architect that has the answer and then eventually I realized that is the philanthropist so sort of tracing the money.
00:07:57.090 --> 00:08:08.790 Azra Dawood: That really tells you why this project was proposed in the first place and what the thinking behind it was the ideology and so on and so that's really how I became interested in him as a figure.
00:08:10.710 --> 00:08:18.660 Azra Dawood: And then I was you know, in the archives researching this project, and I became aware of kind of the larger scope of his philanthropy at the time, so he was doing.
00:08:20.670 --> 00:08:29.040 Azra Dawood: Numerous like this whole constellation of projects around the world, and I wanted to know why basically what was behind that.
00:08:30.000 --> 00:08:37.920 Jeff Goodman: we'll talk about some of his projects in New York, a little bit later in the program when did you start your fellowship at the Museum of the city of New York.
00:08:38.280 --> 00:08:41.970 Azra Dawood: I started in September in 2020 last year.
00:08:42.780 --> 00:08:47.010 Jeff Goodman: And what kind of curatorial work are you engaged in at the museum they do so much, I mean.
00:08:47.130 --> 00:08:47.400 Azra Dawood: yeah.
00:08:47.580 --> 00:08:53.310 Jeff Goodman: The subject ranges that they have is so vast, what is it that you work on at the museum specifically.
00:08:53.760 --> 00:09:01.050 Azra Dawood: i've been doing a lot of sort of very and new things for me and very interesting things so i'll give you one example.
00:09:02.040 --> 00:09:11.520 Azra Dawood: The Museum in December open a show called New York response and it's about the first six months of the pandemic in the city and the people's response to that.
00:09:12.060 --> 00:09:27.810 Azra Dawood: And at the same time, the exhibition is looking at the social justice movements in New York and in the US New York specifically and so i've been I was part of the larger curatorial team on that and that exhibition is currently on display hmm.
00:09:28.680 --> 00:09:39.540 Jeff Goodman: Well, that brings us to the topic of the program philanthropy before we get into philanthropy in New York azra i'd like to talk about philanthropy in general, how does philanthropy differ from from charity.
00:09:40.200 --> 00:09:42.510 Azra Dawood: yeah that's a great question so.
00:09:43.710 --> 00:09:55.200 Azra Dawood: um philanthropy you know, is it comes from this Greek ancient Greek term that technically means you know for the love of mankind, or the love of man, we humans specifically.
00:09:56.190 --> 00:10:06.480 Azra Dawood: More generally, and it is often you know we think of it interchangeably as you're saying with charity right, but the two things are different and.
00:10:07.380 --> 00:10:15.660 Azra Dawood: You know, combine the have this history and this band, you know all cultures and geographies right, but in sort of different ways in each case but.
00:10:16.800 --> 00:10:26.850 Azra Dawood: Modern philanthropy so the type that involves you know foundations with massive resources, for example, that kind of philanthropy.
00:10:27.330 --> 00:10:46.830 Azra Dawood: really comes about at the turn of the 20th century, and it emerges in the United States and and actually in New York City New York City is a really big part of the story, and this philanthropy is different from what was happening before before the civil war, specifically so.
00:10:48.720 --> 00:10:59.970 Azra Dawood: what was happening before the civil war, you could think about it as being more rightly termed as charity and the difference is that you know charity when I think about it was more.
00:11:01.440 --> 00:11:09.210 Azra Dawood: At the time, in the mid 19th century it was more about you know charitable Christian giving so it had a religious impulse to it.
00:11:10.620 --> 00:11:22.980 Azra Dawood: The money that was being given was you didn't have you know large sums of money being donated by an individual or a foundation he didn't even have foundations and.
00:11:24.810 --> 00:11:32.160 Azra Dawood: A lot of his money was you know, it was very sort of fragmented giving so so it was for the alleviation of.
00:11:32.910 --> 00:11:44.400 Azra Dawood: If someone if there was a poor person or a poor families as the alleviation of poverty in that instance, or you know, helping someone who's hungry cetera so it was a very kind of small scale and.
00:11:45.750 --> 00:11:57.180 Azra Dawood: limited in that way when bigger sums of money very involved at the time, because of US law and they had to be dedicated to very specific purposes.
00:11:57.540 --> 00:12:00.420 Jeff Goodman: And when did that come about in the United States when when when when.
00:12:01.500 --> 00:12:12.750 Jeff Goodman: i'm assuming you're referring to tax law when when when when have the law when would the laws have been instituted that would have facilitated the establishment of these charitable foundations.
00:12:13.920 --> 00:12:23.490 Azra Dawood: So actually the money that I was talking about when there's bigger money that's actually before the tax incentive and I was just going to say that that was dedicated to very specific purposes.
00:12:24.000 --> 00:12:33.540 Azra Dawood: But the open ended philanthropy that we think of is modern philanthropy that comes about at the turn of the 20th century, and the tax laws that you're referring to they happen.
00:12:34.410 --> 00:12:41.820 Azra Dawood: In the early 1900s, so I think it was like maybe around 1911 1913 i'm not sure the exact date but around that time.
00:12:42.480 --> 00:12:45.000 Jeff Goodman: And didn't have to do with inheritance taxes, mostly.
00:12:46.560 --> 00:12:48.420 Azra Dawood: um so.
00:12:50.370 --> 00:13:00.090 Azra Dawood: I think inheritance has been in some way part of the law so even before this moment, but what happens.
00:13:01.140 --> 00:13:12.840 Azra Dawood: Specifically at the turn of the 20th century, is that you have these really massive fortunes being accumulated in the US, but also specifically in New York City.
00:13:13.560 --> 00:13:21.120 Azra Dawood: And the individuals that are involved are hoping to are wanting to use this money they've actually return to philanthropy little bit later.
00:13:21.600 --> 00:13:36.990 Azra Dawood: But they eventually would like to use this money for sort of you know, these large causes and they wanted to be open, ended so that's the way in which modern scientific philanthropy comes into being in the tax laws give certain tax breaks to individuals and.
00:13:38.100 --> 00:13:40.440 Azra Dawood: foundations were leaving money behind but it's not.
00:13:41.580 --> 00:13:51.390 Azra Dawood: it's more complicated in detail than that so not everyone gets the same kind of tax break you do get tax breaks and that spurs a lot of giving in the United States huh.
00:13:51.960 --> 00:13:59.340 Jeff Goodman: Okay i'll show we're going to take a break in a minute, but I wanted to ask you what was some of the first big and notable foundations in the United States that got established.
00:13:59.970 --> 00:14:02.430 Azra Dawood: yeah and she has her now or after break.
00:14:02.700 --> 00:14:06.360 Jeff Goodman: um let's take a break I love it my guests is are.
00:14:07.590 --> 00:14:18.450 Jeff Goodman: The ones who are saying let's take a break we'll work we're going to take a short break when we come back we're going to continue our conversation with azra doubt and the topic of philanthropy in New York City we'll be right back.
00:16:53.700 --> 00:16:57.210 Jeff Goodman: sorry about that I thought I was unmuted we're back and you're back.
00:16:57.960 --> 00:17:02.070 Jeff Goodman: To rediscovering New York and our episode about philanthropy New York style.
00:17:02.340 --> 00:17:16.170 Jeff Goodman: My first guest is as her down she's the Andrew w melon postdoctoral curatorial fellowship i'm sorry she holds the Andrew w mellon postdoctoral curatorial fellowship at the museum, but the city of New York, and we welcome her to rediscovering New York.
00:17:16.860 --> 00:17:25.620 Jeff Goodman: Also, we before we went to break I was going to ask you about what were some of the first big and notable foundations in the United States.
00:17:26.700 --> 00:17:27.810 Jeff Goodman: What what were some of them.
00:17:30.000 --> 00:17:46.290 Azra Dawood: I would say that, in terms of modern philanthropy we could go back to eating 67 or so and you'd have the pvt education fund, but it was it was not open ended and the way that a lot of the modern foundations are in which they have.
00:17:47.910 --> 00:17:58.290 Azra Dawood: don't say you know that when when the Foundation is created the Charter doesn't say that we're going to do this specific thing it's very open ended as for the betterment of humanity like generally speaking.
00:17:59.040 --> 00:18:10.890 Azra Dawood: But the beauty fun was more dedicated to education, then you have the general education board in 1902 again dedicated education agricultural form and so on, specifically in the American south.
00:18:11.520 --> 00:18:24.480 Azra Dawood: And then you have the big foundations, the general purpose funds, the first one, I think, is 1906 and 1907 is the rest of the sage foundation which still exists, and then we have.
00:18:25.230 --> 00:18:40.770 Azra Dawood: In 1911 I believe the Carnegie corporation, which was also in New York City foundation, and then you have the Rockefeller foundation in 1913 and then eventually in 1936 yet the Ford foundation so Those are some of the early foundations, the bigger ones.
00:18:41.250 --> 00:18:42.840 Jeff Goodman: And they were all based in New York or anything.
00:18:43.320 --> 00:18:49.530 Azra Dawood: Yes, and Ford Foundation was created in Michigan but it eventually moved to New York City in the 1950s.
00:18:50.820 --> 00:19:03.480 Jeff Goodman: Actually, as a guest on my show a couple of weeks ago we had one of the owners of the bakery in in belmont in the bronx and one of his past positions was as chief operating officer of the Ford foundation in New York.
00:19:04.350 --> 00:19:13.710 Jeff Goodman: What was it about New York that, had it become the Center from which some of these national even global philanthropic institutions operated.
00:19:14.640 --> 00:19:23.850 Azra Dawood: yeah, so I would say that one of the reasons is that a lot of the big fortunes that their belt that was being accumulated.
00:19:25.530 --> 00:19:31.860 Azra Dawood: During the gilded age right that eventually led to the creation of these foundations this this was happening.
00:19:32.640 --> 00:19:36.300 Azra Dawood: In various parts of the US, but primarily centered in New York City.
00:19:36.960 --> 00:19:42.480 Azra Dawood: And so you have figures like john D Rockefeller senior who's the founder, one of the founders of standard oil and gas.
00:19:42.810 --> 00:19:53.280 Azra Dawood: And then eventually the founder of the Rockefeller foundation his business empire is basically based in New York City, even though it's international and global but it's based in New York City.
00:19:53.940 --> 00:20:03.420 Azra Dawood: And then you have Andrew Carnegie who eventually moves to New York City right, so you have all of these figures that are based in the city New York is becoming a global Center.
00:20:03.990 --> 00:20:14.610 Azra Dawood: And it becomes a sort of logical place where the foundations spring up, and it is still a major Center for philanthropy.
00:20:16.500 --> 00:20:24.630 Jeff Goodman: When did foundations, then, has been committed to the well being of New York and new Yorkers become active in the city.
00:20:29.250 --> 00:20:41.940 Azra Dawood: I mean, I think if we broaden out from just the sort of modern foundation right like the all purpose foundation, we can think about philanthropy big institutions going.
00:20:43.560 --> 00:20:46.770 Azra Dawood: way back in time, and so you can also, for example, think about.
00:20:48.150 --> 00:20:51.480 Azra Dawood: The St George society that was created in.
00:20:52.530 --> 00:21:04.770 Azra Dawood: I believe the 17 1717 years sometime in the late 1700s and it was a society that was meant to help or to assist colonizers rates.
00:21:06.750 --> 00:21:10.350 Azra Dawood: Would fallen on hard times that's kind of an early philanthropy.
00:21:12.120 --> 00:21:16.050 Azra Dawood: And then you have you know other institutions like you have.
00:21:18.360 --> 00:21:32.250 Azra Dawood: I would say, you can think about institutions like the Cooper union which is not a foundation right, but it is, if it is created as part of a philanthropic act, and so you have the Union, you have Pratt Institute.
00:21:33.720 --> 00:21:41.670 Azra Dawood: The things like the Henry street settlement So these are local institutions that are created from the act of philanthropy.
00:21:43.080 --> 00:21:53.400 Jeff Goodman: With their philanthropic programs, as are initiated in New York by non New York actors by people who weren't from the city, but but but wanted to to create good works here.
00:21:54.630 --> 00:21:55.170 Azra Dawood: and
00:21:56.850 --> 00:22:09.780 Azra Dawood: yeah I would I don't I would say I don't know enough about that, but I can tell you that in recent years, the bill and Melinda Gates Foundation is actually a big.
00:22:12.210 --> 00:22:23.190 Azra Dawood: It takes a lot of philanthropy work in New York City so, for example, giving a lot of money to the Department of Education and to various programs that didn't buy us, I would say.
00:22:25.080 --> 00:22:30.810 Azra Dawood: i'm not sure at the turn of the 20th century, what that was like, but I know that that is the case today.
00:22:32.010 --> 00:22:40.860 Jeff Goodman: What do you think the motivation was a people who are not from New York who didn't live here to become interested in philanthropy that affected new Yorkers.
00:22:43.140 --> 00:22:53.370 Azra Dawood: And if you think about some of these foundations right to thinking again about the Gates Foundation, and these are foundations that or philanthropists that are not.
00:22:55.050 --> 00:23:02.430 Azra Dawood: Is not local foundations so they're not looking at their own sort of immediate area of operation, but they are looking at.
00:23:04.350 --> 00:23:12.300 Azra Dawood: they're interested in issues of education or health for the arts that are more global in nature, so.
00:23:13.680 --> 00:23:25.080 Azra Dawood: From that perspective, you can you can probably understand by you have non new Yorkers interested in spending in philanthropic projects in New York City.
00:23:27.030 --> 00:23:37.380 Jeff Goodman: Well let's go to speaking about some of the specific foundations and their work here in the city, which are some of those that you think are the most notable for the work that they do in the city.
00:23:39.450 --> 00:23:40.050 Azra Dawood: um.
00:23:42.120 --> 00:23:45.120 Azra Dawood: In terms of sort of local spending.
00:23:45.210 --> 00:23:46.020 Jeff Goodman: Yes, yes.
00:23:51.300 --> 00:24:00.090 Azra Dawood: I would say that i'm just trying to think about this a little bit because i'm more focused on the global philanthropy that comes out of New York City.
00:24:01.590 --> 00:24:09.570 Azra Dawood: But there is the New York Community trust if i'm getting the name right the same George society is still operating here.
00:24:11.010 --> 00:24:16.140 Azra Dawood: Some of the kind of earliest institutions are still operating within New York City.
00:24:18.000 --> 00:24:25.650 Azra Dawood: organizations like the Rockefeller Foundation, which are based in New York City actually spend most of their money outside the city.
00:24:26.400 --> 00:24:37.230 Azra Dawood: So it's it's an interesting thing that some of these kind of more global foundations, the ones that I generally tend to focus on in my work, the best in the city, but their money is essentially going out.
00:24:37.650 --> 00:24:50.640 Jeff Goodman: Well, the one that we have in New York and that most people would recognize as Lincoln Center which was partly created as a as a result of the work of john D Rockefeller the third john seniors grandson.
00:24:51.060 --> 00:24:54.420 Jeff Goodman: As well as Robert Moses, and some and some other folks too.
00:24:55.350 --> 00:24:57.450 Azra Dawood: yeah I thought you were asking specifically about.
00:24:58.500 --> 00:25:03.720 Azra Dawood: Like general purpose foundations, but yeah the Lincoln Center is one project that emerges out of philanthropy.
00:25:04.740 --> 00:25:10.800 Azra Dawood: And then you can also think about things like public private partnerships, so you have the central park conservancy is a big one.
00:25:12.000 --> 00:25:15.210 Azra Dawood: And we can talk a little bit about that because that's a very interesting partnership.
00:25:15.630 --> 00:25:17.520 Jeff Goodman: Well let's talk about the central park conservancy.
00:25:17.640 --> 00:25:18.840 Jeff Goodman: Who does central park.
00:25:19.230 --> 00:25:23.160 Azra Dawood: So yeah so it comes about it's created in 1980.
00:25:24.330 --> 00:25:36.570 Azra Dawood: And it's one of the first public private partnerships, of this kind in New York City and it's started by people who live around central Park, so people who live in that.
00:25:37.080 --> 00:25:49.770 Azra Dawood: General vicinity and what they do is they're trying to raise money and to partner with the city in restoring the park in 1980 right because the park is sort of immersed in.
00:25:50.640 --> 00:26:04.800 Azra Dawood: has deteriorated over the years and they're working on a restoration project of the park and they're thinking about how best to manage it going forward so they partner with the city and create this Public Private Partnership and they still administer and run the park today.
00:26:05.850 --> 00:26:16.770 Azra Dawood: But the interesting thing about the central park conservancy is that it becomes this model for other projects and other such partnerships in New York City and elsewhere, so you can also think about the friends of.
00:26:17.430 --> 00:26:22.080 Azra Dawood: You can think about the highline project which emerges from a very similar Public Private Partnership.
00:26:23.790 --> 00:26:27.120 Azra Dawood: And while there's obviously the sort of.
00:26:28.320 --> 00:26:39.030 Azra Dawood: The pros of such a partnership, but you also have to look at what the what the people that are giving money right, so what they're getting out of it so, for example.
00:26:40.800 --> 00:26:58.920 Azra Dawood: Central park results in you know the real estate value of all the property that is surrounding central park is pretty is it a high is that a premium and that's because of the park views so you can sort of see how the Public Private Partnership is helping the city that is also benefiting.
00:27:00.390 --> 00:27:02.040 Azra Dawood: Private individuals in some ways.
00:27:03.180 --> 00:27:08.250 Jeff Goodman: What are some of the other projects in New York that john D Rockefeller jr was involved in.
00:27:09.270 --> 00:27:10.230 Azra Dawood: He was involved in.
00:27:11.430 --> 00:27:13.590 Azra Dawood: In many projects.
00:27:14.640 --> 00:27:28.080 Azra Dawood: That were some of them had a social, cultural impact, some of them had a huge impact in the built environment and there was a lot of scientific research lot of medical research that's going on, so we generally.
00:27:30.360 --> 00:27:38.880 Azra Dawood: You know john D Rockefeller senior, for example, started the Rockefeller foundation, but it's really junior that really leads it in its early years and for a long time afterwards.
00:27:39.870 --> 00:27:51.780 Azra Dawood: In terms of the built environment, by which I mean architecture and parks and urban space we can think about for trial and park and the cloisters in Upper Manhattan.
00:27:52.500 --> 00:28:00.150 Azra Dawood: And if you're in the park and you look across the water, you see the palisades right so that's another Rockefeller project, the preservation of that.
00:28:01.920 --> 00:28:15.120 Azra Dawood: And then, when you come to mornings, when you come further down to morningside heights there's the international student house near Columbia University, the park across from it and then riverside church and those tend to think of the three as a unit right.
00:28:16.830 --> 00:28:18.120 Azra Dawood: And then.
00:28:19.590 --> 00:28:29.550 Azra Dawood: The Rockefeller Center is a for profit project with interestingly, when it was being constructed, it was presented as this kind of philanthropy gesture towards the city during the Great Depression.
00:28:31.140 --> 00:28:46.050 Azra Dawood: And there is the land that was gifted for the United Nations headquarters, the East side of Manhattan and there is part of the land, in which the current museum of modern art sets is also a Rockefeller gift.
00:28:46.770 --> 00:28:49.380 Jeff Goodman: Oh that's right I think john D seniors.
00:28:50.610 --> 00:28:55.590 Jeff Goodman: mansion and his some of his own personal property was on those blocks, it was on the block yes.
00:28:57.030 --> 00:29:04.500 Jeff Goodman: house or we're almost at a time, but I want to ask you something about philanthropy moving forward and the new gilded age that we have right now.
00:29:04.920 --> 00:29:17.400 Jeff Goodman: The gilded age and more than a century ago, help give birth to modern philanthropy, how do you think our new gilded age sure new gilded age today is going to impact philanthropy and specifically in New York.
00:29:19.110 --> 00:29:20.070 Azra Dawood: yeah and so.
00:29:21.990 --> 00:29:26.730 Azra Dawood: The new gilded age right and the original gilded age they're both marked by.
00:29:28.290 --> 00:29:39.240 Azra Dawood: A great amount of belt disparity right and the concentration of wealth and power in the hands of a limited number of people and foundations.
00:29:39.870 --> 00:29:47.460 Azra Dawood: And, similarly to the old gilded age this wealth has resulted in you know this new crop of foundation, so if in 1930.
00:29:47.940 --> 00:30:03.150 Azra Dawood: For every foundation that existed in 1930 you now have several hundred right so that's the kind of number of foundations that you have, so the impact has been quite huge in terms of the amount of private money that is going into foundations.
00:30:04.890 --> 00:30:14.100 Azra Dawood: I would say that you know there's we can talk about the impact on New York City, but I think it's also important I know we're running out of time, but I think it's also important to think about.
00:30:16.440 --> 00:30:22.590 Azra Dawood: The underside of philanthropy if you put it that way right so thinking about.
00:30:24.600 --> 00:30:33.840 Azra Dawood: Where one of the critiques that was present in the old gilded age is also a critique today of the philanthropy that emerges from all of this money.
00:30:34.230 --> 00:30:47.760 Azra Dawood: So you know, of course, there are great art art and cultural and medical advances being made, we also have to consider So where is all of this excess money coming from and how was it made in the first place.
00:30:48.930 --> 00:30:56.130 Azra Dawood: So I think that the critique of the old and new gilded age and the philanthropy that emerges from it is very important as well.
00:30:57.840 --> 00:31:00.750 Jeff Goodman: Well that's a large topic, probably for another show.
00:31:02.310 --> 00:31:08.790 Jeff Goodman: As her down Thank you so much for being our first guest on this show which i'm calling philanthropy New York style.
00:31:09.210 --> 00:31:20.250 Jeff Goodman: Our first guest has been asked her down azra holds the answer doubling your melon postdoctoral curatorial fellowship at the Museum in the city of New York also thank you so much for being on the Program.
00:31:20.670 --> 00:31:21.480 Azra Dawood: Thank you for having me.
00:31:21.960 --> 00:31:35.130 Jeff Goodman: we're going to take a short break and when we come back we're going to be speaking with a business leader in New York, who also is involved in the leadership of a number of notable foundations Kenneth Fisher we'll be back in a moment.
00:31:36.450 --> 00:31:39.570 Jeff Goodman: you're listening to talk radio and my.
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00:34:33.660 --> 00:34:38.640 Jeff Goodman: One of the note before we get to our second guest, even though rediscovering New York is not a show about real estate.
00:34:39.150 --> 00:34:45.210 Jeff Goodman: When i'm not on the air, I am a real estate agent in our amazing city where I help my clients buy sale lease and read property.
00:34:45.840 --> 00:34:57.810 Jeff Goodman: If you or someone you care about is considering a move into out of a within New York I would love to help you with all those real estate needs, you can reach me and my team at 646-306-4761.
00:34:58.560 --> 00:35:04.080 Jeff Goodman: Well, we have a great second guests on this program about philanthropy New York style that's Kenneth Fisher.
00:35:04.680 --> 00:35:15.870 Jeff Goodman: Ken is a business leader and philanthropist as Co managing partner of Fisher brothers he's part of the third generation leadership team of one of the country's most successful family and real estate development and management companies.
00:35:16.740 --> 00:35:19.890 Jeff Goodman: Can was an executive committee member of the city investment fund.
00:35:20.340 --> 00:35:28.860 Jeff Goodman: The $770 million initiative established in 1996 to stimulate communities throughout New York city's five boroughs through real estate and investment.
00:35:29.700 --> 00:35:39.330 Jeff Goodman: Can previously served as a member of the real estate Board of New York and among many of the leadership positions, he is the recipient of revenues Harry B helmsley distinguished new yorker award.
00:35:40.200 --> 00:35:48.360 Jeff Goodman: Ken is the chairman and CEO of the fisher house foundation Fisher house remains the preeminent public and private partnership serving military families.
00:35:48.750 --> 00:35:56.670 Jeff Goodman: It works with both the Department of Defense and the Department of veterans affairs can also serves as Co Chairman of the intrepid museum foundation.
00:35:57.090 --> 00:36:03.750 Jeff Goodman: And it's helped oversee the development of the museum and to unique nonprofit educational institution which among his many accomplishments.
00:36:04.080 --> 00:36:09.750 Jeff Goodman: provides Ward winning award winning stem programs to thousands of children in New York city's public school system.
00:36:10.470 --> 00:36:19.530 Jeff Goodman: In 2007 Ken was appointed by the Bush administration to the president's Commission on care of america's returning wounded warriors and served on related policy boards.
00:36:20.070 --> 00:36:33.990 Jeff Goodman: Is other accomplishments and honors or almost too numerous to detail in my introductions evening Ken lives in New York with his wife tammy and is the proud father of three children and one granddaughter Ken Fisher a hearty welcome to rediscovering New York.
00:36:34.350 --> 00:36:35.940 Kenneth Fisher: Thank you Jeff it's great to be here.
00:36:36.840 --> 00:36:38.790 Jeff Goodman: you're originally from New York where did you grow up.
00:36:39.510 --> 00:36:41.430 Kenneth Fisher: The River Dell section of the bronx.
00:36:43.020 --> 00:36:51.960 Kenneth Fisher: Back in the 60s, I was born in 1958 so so great place to grow up play stickball and all those things that we do in the bronx.
00:36:52.590 --> 00:36:54.630 Jeff Goodman: Well, we also played stickball in brooklyn so.
00:36:55.800 --> 00:36:56.130 Kenneth Fisher: That.
00:36:56.610 --> 00:36:58.530 Kenneth Fisher: i'm not saying one is better than the other.
00:36:59.640 --> 00:37:09.090 Jeff Goodman: Well, Sam the engineer the show he's from the bronx, so I think it's two against one, so I think the bronx is gonna went out um what how long has your family been involved in real estate can.
00:37:10.590 --> 00:37:22.020 Kenneth Fisher: You know Jeff that's a good question we we we can trace it back almost 100 years when my great grandfather came here from Russia, he was a stonemason by trade.
00:37:24.150 --> 00:37:24.660 Kenneth Fisher: raised.
00:37:26.040 --> 00:37:34.230 Kenneth Fisher: Four sons and three daughters three of those sons went on the forum Fisher brothers starting out as a bricklaying contractor.
00:37:34.920 --> 00:37:48.510 Kenneth Fisher: And in those days bricklayers we're basically the gcs and they would call in the trades is necessary and, one day, they decided that they were tired of building for others and went into business for themselves, and that was the birth of disrupts.
00:37:49.560 --> 00:37:52.470 Jeff Goodman: When did you decide that you would go into the family business.
00:37:53.340 --> 00:37:57.930 Kenneth Fisher: Oh that's a good question too I you know I went to Ithaca college.
00:37:59.850 --> 00:38:09.180 Kenneth Fisher: I got out in 1980 and I think that that point, I was anxious to get into business so 1980 is when I joined Fisher brothers.
00:38:10.980 --> 00:38:22.380 Kenneth Fisher: I went through a number of different positions before I got to director of leasing, which is where I settled for about 20 years of my 40 year career.
00:38:24.240 --> 00:38:36.450 Jeff Goodman: You know, can this is not a show about real estate, but since your philanthropic work is at least partly empowered by your family's real estate business and since i'm in the industry, I want to ask you what are some of the major properties that Fisher brothers owns or operates.
00:38:36.540 --> 00:38:51.750 Kenneth Fisher: yeah in New York City, we are, we are 299 park avenue, which is our headquarter building we're we're we're based 1340 567 you which just on to wed about an $80 million renovation or interior and exterior.
00:38:52.770 --> 00:39:06.300 Kenneth Fisher: We we own 605 third avenue and park avenue Plaza we also enjoyed ventured station place down in DC was Louis Dreyfus we developed a residential building down there at least building.
00:39:07.650 --> 00:39:23.670 Kenneth Fisher: called station place, and then we have to residential developments here in the city that were recently built almost house 39 on 39th street between second and third and 111 Murray street, which is a condominium.
00:39:25.680 --> 00:39:30.000 Jeff Goodman: What is the city investment fund can and how did you become involved with it.
00:39:30.810 --> 00:39:45.090 Kenneth Fisher: The city investment fund was designed back in the 90s by my late cousins Tony and Richard Fisher and it was designed to pursue opportunities real estate opportunities within the five boroughs exclusively.
00:39:46.740 --> 00:39:47.250 Kenneth Fisher: The.
00:39:48.270 --> 00:40:07.560 Kenneth Fisher: He were successful in launching the fund and the fund was successful at up until 2007 housing bubble, but I got involved with the city investment fund when my cousin Tony passed away in a plane crash back in 2003.
00:40:08.460 --> 00:40:23.550 Kenneth Fisher: And it was a very, very tough time, obviously, for many reasons, because I really had to step into his role both in the city investment fund and in the family business, and I can tell you that those were gigantic shoes to sell.
00:40:25.320 --> 00:40:31.110 Kenneth Fisher: So the fund was in operation for that time, but it took us out of the real estate development business for five years.
00:40:31.860 --> 00:40:41.730 Kenneth Fisher: And there are still opportunities miss To be sure, and the end of fun, you know dissolve but everyone was made whole and that was probably the the the best outcome we could have um.
00:40:42.780 --> 00:40:51.150 Jeff Goodman: Well, I want to talk about your engagement with with philanthropy and good causes you're giving your role go beyond charity it's very different.
00:40:51.510 --> 00:40:56.370 Jeff Goodman: Yes, and the work that you do you take on the role of being a philanthropists with all the work that's involved.
00:40:56.730 --> 00:41:08.700 Jeff Goodman: And you don't just give to the clauses you believe, and when did you decide that you would take a much more active role in the direction of not for profit causes that you were committed to, and that you wanted to have a major impact on.
00:41:10.800 --> 00:41:14.700 Kenneth Fisher: Well, it goes back to the three brothers, you know, obviously.
00:41:15.960 --> 00:41:26.460 Kenneth Fisher: They never thought that there that there could be true success without giving back it strengthens the Community and and it's part of our responsibility as successful people.
00:41:27.930 --> 00:41:28.830 Kenneth Fisher: And pardon me.
00:41:30.000 --> 00:41:42.210 Kenneth Fisher: So it, but it really began in earnest in the late 70s, when it was brought to my uncle's zachary's attention that the USS intrepid was going to be scrapped and and sold as scrap metal.
00:41:42.900 --> 00:41:54.870 Kenneth Fisher: And after it was decommissioned and zach thought that this was a very, very important piece of history 270 sailors lost their lives on the decks of the intrepid or in the skies above.
00:41:55.470 --> 00:42:04.680 Kenneth Fisher: And so there were numerous kamikaze attacks and the intrepid actually your end the nicknames a ghost ship because it had survived so many hits.
00:42:05.220 --> 00:42:15.510 Kenneth Fisher: And so zach working with the navy and the city of New York brought the intrepid into New York in November of 1981 was the final sale, which I was on.
00:42:16.290 --> 00:42:37.380 Kenneth Fisher: And it was a cold day the ship, be it was it was some physical experience but zach smiled from ear to ear and I never forgot that and the intrepid open the navy to and that began really are giving back in the direction of military service men, women veterans and their families.
00:42:38.640 --> 00:42:49.110 Kenneth Fisher: Out of the intrepid came Fisher house which began in 1990 it my involvement began just just before that passed away.
00:42:49.740 --> 00:42:55.770 Kenneth Fisher: I would he asked me to go down, and he knew what he was doing, he asked me to go down and open up a house down in San Antonio.
00:42:56.370 --> 00:43:06.240 Kenneth Fisher: And my wife tammy and I went down and you opened up the House and I became hooked that day and went back and said zach I want to take a bigger role.
00:43:07.020 --> 00:43:12.480 Kenneth Fisher: And the old story of be careful what you wish for because I got it passed away in 99.
00:43:13.080 --> 00:43:20.940 Kenneth Fisher: The family had to get together and really decide what we were going to do and how we were going to do it because the initiatives had become so wide ranging.
00:43:21.900 --> 00:43:31.710 Kenneth Fisher: And zach was making such an enormous impact on the lives of nodes are in their families that we had to keep it going That was my my foray into philanthropy.
00:43:32.400 --> 00:43:42.270 Jeff Goodman: I want to talk about the fisher house foundation on after we we take a break, which we will, in a minute, but, but I wanted to ask you when did you become co Chair of the intrepid museum foundation.
00:43:42.750 --> 00:43:46.200 Kenneth Fisher: thousand and 12 the day the shuttles landed in New York.
00:43:46.680 --> 00:43:58.890 Jeff Goodman: Ah, and for our listeners who don't know can talk to about it briefly the intrepid saw action during World War Two in the Philippines and also in Okinawa was going to be scrapped.
00:43:59.460 --> 00:44:07.170 Jeff Goodman: The the Foundation brought it to New York and also can mentioned the Is it the enterprise that's on that's on.
00:44:07.410 --> 00:44:13.890 Kenneth Fisher: A shuttle enterprise which is near and dear to my heart Jeff because I was a star trackers so that was a great day.
00:44:14.010 --> 00:44:14.700 Oh wow.
00:44:15.870 --> 00:44:18.120 Jeff Goodman: and also one of the conchords is on the deck isn't it.
00:44:18.480 --> 00:44:28.440 Kenneth Fisher: The one that made the fastest transatlantic crossing they call it concord alpha bravo it crossed the Atlantic I believe in two hours and 39 Minutes that was the fastest cross.
00:44:29.220 --> 00:44:34.830 Jeff Goodman: wow and you can see that all on the decks of the intrepid which is on Pier 46 on the Hudson river.
00:44:35.310 --> 00:44:46.530 Jeff Goodman: we're going to take a short break and when we come back we're going to continue our conversation with Ken Fisher and we're going to ask him more about the fisher house foundation and his work with a few other foundations as well we'll be back in a moment.
00:44:53.100 --> 00:44:54.270 educate and.
00:47:03.000 --> 00:47:10.230 Jeff Goodman: we're back to rediscovering New York, this is our 99th episode and the topic for today is philanthropy New York style.
00:47:10.650 --> 00:47:24.270 Jeff Goodman: My second guest is Kenneth Fisher can is a partner at Fisher brothers real estate in New York and he is also the chair and co chair of a number of charitable foundations can when was the fisher house foundation founded.
00:47:24.570 --> 00:47:30.630 Kenneth Fisher: 1990 Jeff when it was brought to my uncle's attention that there was a very basic.
00:47:31.410 --> 00:47:38.400 Kenneth Fisher: and very underappreciated need that military families had no affordable place to stay when their loved ones were in the hospital.
00:47:39.300 --> 00:47:59.160 Kenneth Fisher: And zach being the man, he was mobilized instantly he said i'm a developer, I have access to architects, I can build a house and so Fisher house began with the first four houses Walter reed bethesda San Antonio and joint based Lewis mcchord up in Washington state.
00:48:00.690 --> 00:48:02.250 Jeff Goodman: How many Fisher houses are there now.
00:48:02.670 --> 00:48:13.650 Kenneth Fisher: Today there's 91 in operation with a couple more coming obviously it's been difficult to you know to operate under the the pandemic but.
00:48:14.760 --> 00:48:22.350 Kenneth Fisher: But we have one in Huntington West Virginia that set to open one I believe in Kansas city, you know you lose track after a while, because they're so expensive.
00:48:22.950 --> 00:48:40.530 Kenneth Fisher: But we built one in Great Britain for our British allies, which was an interesting experience and we, I think the one that i'm most proud of and I shouldn't say this, but I am it was the one that we built it over for the families of the fallen, it was a different kind of a House obviously.
00:48:40.560 --> 00:48:42.660 Jeff Goodman: But there was no yeah wow they're not visiting.
00:48:42.690 --> 00:48:48.900 Jeff Goodman: family who were getting treatment in the hospital they're being there for the final journey back to United States correct the.
00:48:48.930 --> 00:48:59.250 Kenneth Fisher: dignified transfers they call it, we build also a spiritual Center because there was no place for families to pray so that was something that we were very proud of we built that in six months, well.
00:49:00.030 --> 00:49:13.050 Jeff Goodman: Now, speaking about the fallen on the fisher foundation did something really moving and very important there was a government shutdown in 2013 and that impacted the families of the fallen, do you want to talk about that.
00:49:13.440 --> 00:49:14.760 Kenneth Fisher: sure that you know.
00:49:15.840 --> 00:49:28.560 Kenneth Fisher: It was a couple of days into the shutdown when it was discovered the families who are supposed to receive what is known as a desk gratuity it is essentially a payment made within 24 to 36 hours after loved ones passing.
00:49:29.340 --> 00:49:38.070 Kenneth Fisher: To the family of $100,000 and that had slipped through the cracks and I found out about it, like everybody else watching the TV.
00:49:39.060 --> 00:49:50.760 Kenneth Fisher: And I became incensed and I call up the Foundation President, and I said look, I want you to take a chunk of money, I wanted segregated and we're going to pay the death benefits will worry about how we're going to get reimbursed later.
00:49:51.900 --> 00:50:03.330 Kenneth Fisher: Was Senator Joe manchin that actually took the proposal to the Pentagon Secretary chuck Hagel gratefully accepted and the next couple of days were just a blur.
00:50:04.770 --> 00:50:12.810 Kenneth Fisher: He had to be converted into a government contractor, so that we could be reimbursed, because the government cannot give money by definition to a 501 C three.
00:50:14.640 --> 00:50:18.030 Kenneth Fisher: And it was enormously.
00:50:19.560 --> 00:50:33.420 Kenneth Fisher: Just it was it was a combination of being enraged and being an unfeeling a sense of privilege that I could actually do something like this, because in the end we actually bailed them out, which was something that.
00:50:34.140 --> 00:50:41.640 Kenneth Fisher: You know, was enormously embarrassing for them that a foundation of our size came in and and the fact that they accepted it.
00:50:42.720 --> 00:50:46.920 Kenneth Fisher: was something that was really something, it was an experience i'll never forget.
00:50:48.900 --> 00:50:57.210 Jeff Goodman: Can one of the great works that the Foundation provides is that you, you make available scholarships, do you want to talk about the nature of those and who's there to access them.
00:50:57.540 --> 00:51:01.770 Kenneth Fisher: Yes, it's open to three different times of three different.
00:51:03.600 --> 00:51:13.710 Kenneth Fisher: segments of military family The first one is the one that we administer with the Defense commissary agency, which is essentially the Marsh supermarkets, on the basis.
00:51:15.060 --> 00:51:24.540 Kenneth Fisher: it's around up around off, you know kind of a contribution and the the vendors actually are the ones that that give us the money.
00:51:25.170 --> 00:51:33.930 Kenneth Fisher: And we administered for military children's so any child of a card carrying member of the military or veteran can can actually access this program.
00:51:34.740 --> 00:51:46.110 Kenneth Fisher: We also have one for military spouses, because it was brought to our attention by the national military family association that family spouses when their loved ones were deployed.
00:51:46.770 --> 00:51:55.980 Kenneth Fisher: were sitting on a couch at home with their with their fingers dog into account wondering what was happening to their loved one they weren't hearing from them, you know from for any length of time.
00:51:56.430 --> 00:52:14.040 Kenneth Fisher: So we decided to give them the the access, you know, to go back in and and seek education if they wanted it or higher education that was important and i'm so glad that we were able to do that the third one was actually we were aided by by then President Obama.
00:52:15.240 --> 00:52:23.460 Kenneth Fisher: who wrote a book called the icing which was you know, a portrait of 13 Americans that he wrote, for his daughters.
00:52:24.780 --> 00:52:42.330 Kenneth Fisher: and gave us the after tax profit of that book, so we were able to start a foundation called legacy foundation that essentially aids the children of those who have been killed in the line access, as you know, some.
00:52:43.350 --> 00:52:49.710 Kenneth Fisher: scholarship so that they can go back to school and we all that President Obama, so that was a great thing.
00:52:51.390 --> 00:52:58.470 Jeff Goodman: I want to ask you about your your role as as chair of the Foundation can under your leadership, the fisher house foundation.
00:52:58.860 --> 00:53:08.700 Jeff Goodman: has consistently been recognized for its success and its high standards it's one of the few to hold an a plus rating from charity watch and it's received a perfect four star rating.
00:53:09.030 --> 00:53:13.290 Jeff Goodman: From charity navigator for 16 years that's a long time.
00:53:14.070 --> 00:53:22.890 Jeff Goodman: The foundation's also received the independent charity seal of excellence and it's part of the combined federal campaign, I mean, these are accomplishments that foundations covet.
00:53:23.370 --> 00:53:33.480 Jeff Goodman: But that a few achieve I mean what's your secret, I mean seriously, what have you brought to the table that has enabled the fisher house foundation to garner this kind of recognition.
00:53:33.960 --> 00:53:35.460 Kenneth Fisher: A private sector mindset.
00:53:36.510 --> 00:53:41.520 Kenneth Fisher: Foundations too many are not held accountable or the way they spend money.
00:53:42.570 --> 00:53:59.970 Kenneth Fisher: And you know, I said that that would be something that I would not allow happen to Fisher House so it's beautiful in its simplicity, we don't go in areas we don't belong, we don't waste money that way we don't promote ourselves, we spend one penny on marketing.
00:54:01.110 --> 00:54:08.820 Kenneth Fisher: And we rely on word of mouth and the media opportunities that we receive such as during 2013 during the shutdown.
00:54:09.450 --> 00:54:15.330 Kenneth Fisher: You know I I felt like I was the poster boards or fox for for a week, but what I really did a lot of media and.
00:54:16.110 --> 00:54:24.630 Kenneth Fisher: And because of what we do and and the success that Fisher House you know, has it's given me some opportunities to use the media platform.
00:54:25.020 --> 00:54:39.510 Kenneth Fisher: And we've used effectively, and so you know, we have been able to reach places that you know 20 years ago I never thought possible so we've been able to increase our services all family related so we're not going places we don't belong.
00:54:40.830 --> 00:54:47.790 Kenneth Fisher: we're not going to be all things to all people, but I used to say we run it like a like a public company that didn't seem to be bailed out.
00:54:49.170 --> 00:55:06.690 Kenneth Fisher: it's we treat the donors as shareholders and their dividends, are the houses and the people that they help and the services we provide and that's worked for for the 20 years that i've been chairman, and I would imagine it will keep working as long as this your House will be in existence.
00:55:07.830 --> 00:55:20.340 Jeff Goodman: Well, well can time on the show goes by really fast, even though we I think we have time for substantive interviews, we have about a minute left, I want to ask you what the Jackie Robinson foundation is and how you became involved with it.
00:55:20.730 --> 00:55:25.800 Kenneth Fisher: Ah Jackie Robinson foundation obviously was set up by Rachel.
00:55:27.480 --> 00:55:30.120 Kenneth Fisher: is just a magnificent human being.
00:55:31.470 --> 00:55:34.110 Kenneth Fisher: It is for you know the.
00:55:35.310 --> 00:55:48.960 Kenneth Fisher: Children minorities to be able to access scholarship money to go to school and they've made an enormous impact i've met some incredible people Rachel being one of them and that's one of the you know I don't serve on many other boards anymore.
00:55:50.370 --> 00:55:51.720 Kenneth Fisher: Because the fisher.
00:55:53.220 --> 00:55:58.320 Kenneth Fisher: Fisher philanthropies have taken so much of my time, but that's one that i'll never i'll never stepped down.
00:56:00.630 --> 00:56:07.020 Jeff Goodman: All right, well, Ken Fisher Thank you so much for joining us on this special show about philanthropy New York style.
00:56:07.770 --> 00:56:16.800 Jeff Goodman: My second guest has been Ken Fisher can is a partner at Fisher brothers real estate and his chair and involved with more.
00:56:17.340 --> 00:56:25.740 Jeff Goodman: nonprofits that I could possibly mentioned the principal ones are the fisher house foundation, as well as the intrepid museum Foundation can thanks so much for being on the Program.
00:56:26.070 --> 00:56:27.180 Kenneth Fisher: thanks for having me Jeff.
00:56:28.050 --> 00:56:34.860 Jeff Goodman: If you have comments or questions about the show if you'd like to get on our mailing list, please email me Jeff at rediscovering New York that nyc.
00:56:35.370 --> 00:56:40.320 Jeff Goodman: You can like us on Facebook and also follow me on instagram and Twitter my handle is there a Jeff Goodman nyc.
00:56:40.920 --> 00:56:51.660 Jeff Goodman: Once again i'd like to thank our sponsors the mark moment team market strategist at freedom mortgage and the law offices of Tom sciatica focusing on wills estate planning probate and inheritance litigation.
00:56:52.320 --> 00:56:57.240 Jeff Goodman: One more thing, before we sign off i'm Jeff Goodman a real estate agent and brown Harris Stevens in New York City.
00:56:57.690 --> 00:57:12.600 Jeff Goodman: And whether you're selling buying leasing or renting my team and I provide the best service and expertise in New York City real estate to help you, with your real estate needs, you could reach us at 646-306-4761 our producer is Ralph story or.
00:57:12.780 --> 00:57:14.910 Jeff Goodman: or engineer is Sam leibowitz who like.
00:57:14.910 --> 00:57:16.260 Jeff Goodman: Ken Fisher is from the bronx.
00:57:20.370 --> 00:57:22.380 Jeff Goodman: Thanks for listening we'll see you next time.