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Roger Hertog (born July 5,1941)[1] is an American businessman, financier, and conservative philanthropist. Hertog pursued a career in business, later becoming president of Sanford Bernstein (now AllianceBernstein). He currently serves as president of the Hertog Foundation and chairman of the Tikvah Fund, which promotes Jewish thought and ideas.[2][3]

Personal life and career

Born to German Jewish immigrants, Hertog was raised in the Bronx and attended public schools. His first job was in the mail room of a financial company while attending City College at night. Eventually, he joined Oppenheimer & Co. in a clerical position. At Oppenheimer, he met his future business partner, Sanford Bernstein. In 1967, Hertog joined Sanford C. Bernstein, & Co. Hertog remained president of the firm until its merger with Alliance Capital Management in 2000. He retired in 2006 from AllianceBernstein L.P. and remains Vice-Chairman Emeritus.[1]

His wife, Susan Hertog, graduated from Hunter College and earned her M.F.A. from Columbia University School of the Arts in 1993.[4][5] Roger and Susan Hertog have three grown children.[6]

Philanthropy

Hertog with Benjamin Netanyahu at Hudson Institute

Hertog is co-president of the Hertog Foundation.[7] He currently serves as the executive committee chairman for the New York Historical Society’s board of directors, and as a board member at the Alexander Hamilton Society.[8][9] Hertog has spent time on the boards of the American Enterprise Institute, Thomas Jefferson Foundation, the Washington Institute for Near-East Policy, and is a chairman emeritus of the Manhattan Institute for Policy Research.[10][11][12] He was a part-owner of now-defunct The New York Sun and The New Republic, and is a board member at Commentary.[13] He is also a major supporter of National Affairs magazine, edited by Yuval Levin.[1]

His family foundation supports several educational fellowships for college students and young professionals. In 2010, the foundation launched the Political Studies Program, a full-scholarship summer program for undergraduates in the theory and practice of politics. In 2013, in partnership with the Institute for the Study of War, Hertog expanded by launching a two-week summer seminar on warfare and military doctrine for advanced undergraduates, the War Studies Program. The Foundation offers other programs and seminars in three main areas: Political Thought and Philosophy; War and Foreign Affairs; and Economics and Domestic Policy.[14][15][16]

Hertog often donates to Jewish and Israeli organizations, and is the chairman of the Tikvah Fund.[3] As part of his work with Tikvah, Hertog helped fund the Shalem Center in Israel, which has since become the Shalem College.[17][18] Hertog has also given money to the Anti-Defamation League, Taglit-Birthright Israel, and American Friends of Shalva.[4]

Apart from his educational work, Hertog has supported arts and culture in New York City. He is credited with helping spur modernization at the New York Historical Society, joining the board in 2003. In 2004, Hertog and fellow board members Lewis E. Lehrman and Richard Gilder helped fund an Alexander Hamilton exhibit at N-YHS.[1][6] He sponsored the creation of the Bronx Library Center, which opened in 2006.[19]

In the 1990s, Hertog, along with other investors, launched one of the first privately funded school-voucher programs, funding 1,000 scholarships annually for poor families interested in sending their children to private schools. Over 25,000 applied for the scholarships. He has invested in the Success Charter Network and Families for Excellent Schools in New York, and funded a study on the charter school movement in New York City.[1][20]

On November 15, 2007, Hertog was awarded a National Humanities Medal in a White House ceremony with U.S. President George W. Bush.[21][22][23] He won the William E. Simon Prize for Philanthropic Leadership in 2010.[1][6]

See also


SW 2017

Roger Hertog is a director and vice chairman of the board of Alliance Capital Management Corporation, "which was valued in 2002 at about $100 billion",[1] and formerly president and CEO of Sanford C. Bernstein & Company[2], which was acquired by Alliance in 2000.[3]

Hertog was described by Mark Gerson, "president of the investor-relations company the Gerson Lehrman Group and editor of The Neoconservative Reader", as the "one man who has, far more than anyone else, financially enabled this movement to exist", "this movement" being the "intertwined world of the neoconservatives".[4]

In 2002, "ex-Canadian media mogel" Hertog , New York moneyman Bruce Kovner, chairman of the Caxton Corporation, and Conrad Black, "helped fund a new newspaper, The New York Sun,[5][6] now [2003] fighting its anti-liberal battle with its New York Times–counterprogrammed slogan, 'A Different Point of View.'"[4]

In February 2003, the Sun's "most memorable contribution to American letters [was] its statement that Iraq War protesters were guilty of 'treason'."[7][8]

Hertog and Kovner "also chipped in to join" neoliberal Martin Peretz as co-owners of The New Republic (TNR),[4][9] which was completely bought out in February 2007 by CanWest.[10]

Hertog and Kovner are also on the board of the Manhattan Institute, where "Gerson and William Kristol are also trustees, as well as the Washington, D.C.–based American Enterprise Institute.[11] The A.E.I., a favored neoconservative think tank, has recently [2003] served as a kind of human-resource office" for the Bush administration. The A.E.I. also served as "the venue" on February 26, 2003, that President George W. Bush "chose to step up to explain his intentions toward Iraq."[4]

Hertog is an executive committee member at the Washington Institute for Near East Policy,[12] a member of the U.S. board of trustees of The Israel Center for Social & Economic Progress (ICSEP),[13] a member of the board of trustees at the Institute for the Study of Global Antisemitism and Policy,[14] and a member of the board of directors of The Jerusalem Post's America's Voices in Israel.[15] The Post was owned by New York Sun partner Conrad Black.

Hertog is "a primary financial backer behind"[4] and serves on the board of the Shalem Center[16],[17] a :{"think tank known as the A.E.I. of Israe:(style="background-color:#ffff66ff"):}:l:{.}:[4]:{ In December 2005, Hertog was the Center's president.}:[18]:{ According toWilliam Kristol, who also serves on the board, the Center was "founded as Israel's first 'neoconservative think-tank,' ... in an effort to give the Israeli right a better foundation in history, economics, archaeology and other topics."}:[19]

Hertog contributed $100,000 to the Convention Host Committee for the 2004 Republican National Convention held in New York City.[20]

In March 2002, Hertog was a "member of the staunchly conservative Club for Growth, a group of self-described 'supply side Reaganites' run by TNR nemesis Stephen Moore."[21]

In January 2007, Hertog became chairman of the board of trustees of the New York Historical Society.[22] He is also a member of the advisory board of The Gilder Lehrman Institute of American History,serves on the board of the New York Public Library, and is the founder of theSchool Choice Scholarships Foundation.[2]

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Controversy

Alliance Capital

In March 2002, Hertog was "in hot water for Alliance's handling of Florida's state pension fund, which lost $335 million during Enron's collapse, prompting racketeering subpoenas from Florida Attorney General Bob Butterworth."[21]

In November 2003, Alliance Capital was "being investigated byNew York Attorney General Eliot Spitzer for improper trading moves and [had] put aside $190 million to cover restitution and legal costs relating to the case." It was "also being investigated by the Securities and Exchange Commission for payments to Morgan Stanley to obtain preferred status with investors.

"Some of the allegations at Alliance Capital surround suspicious trading activity at mutual funds it purchased from the company of the late Jewish philanthropist Zalman Bernstein, where Hertog was formerly president and CEO."[23]

Neoconservative philosophy / philanthropy

"'You get huge leverage for your dollars,' Roger Hertog told fellow wealthy donors at a recent national conference for right-wing think tanks including the Heritage Foundation and the Cato, Manhattan, and American Enterprise institutes. Hertog pointed out that a mere $70 million in donations has helped conservatives reframe the national debate on topics including antitrust law, Social Security privatization, welfare and affirmative action."[24]

Hertog is "the epitome of the conservative benefactor who bases his politics on conservative intellectualism and moves patiently and strategically to create, support and distribute his ideas. ... [He] cautions that patience is a necessary trait when funding policy revolutions. He never asks how long an idea will take to gain traction, but rather how robust is the idea. He studies the quality of the concepts, how well they hold up under attack and how well they can be communicated to a larger audience. 'After you do that, it still doesn’t ensure success, because then these ideas get thrown out in the political arena,' he explains. 'It may not be expedient for this idea, or some politician may not want to embrace it for his own short-term political reasons. It may take more time. That’s the nature of this stuff; that’s been the whole history of almost all ideas'," Elizabeth Harris wrote May 1, 2006, in Worth.[25]

When asked in a November 2003 interview "When you make judgments about institutions you want to support, what goes through your mind?", Hertog answered:[1]

"I'm interested in leverage. Philanthropy typically is attracted to great museums, great opera companies, great academic institutions. But with less glamorous institutions, a dollar of philanthropy can impact a very large number of people."

In October 2006, 1965 alumnus Roger Hertog donated $1 million "over the next four years to expand the number of undergraduate honors scholars" at Baruch College,The City University of New York. The largest gift "in the history of the College's Honors program", it "will fund a group of students within the Honors program who will be known as Hertog Scholars in recognition of the donor’s generosity."[17]

The "Roger and Susan Hertog Charitable Fund gave $3 million to the University’s Honors College program prior to his generous donation to Baruch College."[17]

On January 17, 2006, the New York Public Library opened its new $50 million Bronx Library Center to the public. Hertog had "contributed the lead private gift for the project."[26]

In 2005, the Columbia University campus journal The Current was founded to deal "with current politics, culture and Jewish affairs." The journal, "part of an ambitious project undertaken by the Shalem Center, a Jerusalem-based think tank, to foster the creation and support of serious journals dealing with Israel and Jewish life at campuses across North America", was funded in "the form of grants of up to $2,500 per journal, [which] came from a $100,000 gift" from Roger and Susan Hertog.[18]

Backing Vets for Freedom

On August 28, 2006, Roger Hertog, listed as an investment banker with AllianceBernstein of New York City, contributed $25,000.00 to Vets for Freedom Action Fund.[27]

Funding BESA Center in Israel

It was reported in January 2007 that "U.S. philanthropist Roger Hertog" had given a three-year grant for PROJECT 1948, "a project on early Israeli history" that will focus on "Arab-Jewish relations and the collapse and dispersal of Palestinian Arab society in the wake of Israel’s War of Independance. The project will be led and conducted by Prof. Efraim Karsh, director of the Mediterranean Studies Program at Kings' College London and a BESA Center Academic Advisory Board member."[28]

"Lincoln Cabinet"

"Planners of the bicentennial celebration of Abraham Lincoln's birth in 2009 want to raise $100 million for what they hope will be an unforgettable commemoration of the nation's 16th president that will go far beyond fireworks at the Lincoln Memorial. ...

Hertog is a member of the "Lincoln Cabinet", which is "being pulled together with well-known figures such as former New York Gov. Mario Cuomo, who authored Why Lincoln Matters: Today More Than Ever, to reach out to civic-minded donors with deep pockets."[29]

Resources

Related SourceWatch articles

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wiki 8 23

Hertog is co-president of the Hertog Foundation and chairman of the Tikvah Fund.[6][7] He currently serves as the executive committee chairman for the New York Historical Society’s board of directors, and as a board member at the Alexander Hamilton Society.[8][9] Hertog has spent time on the boards of the American Enterprise Institute, Thomas Jefferson Foundation, the Washington Institute for Near-East Policy, and is a chairman emeritus of the Manhattan Institute for Policy Research.[10][11][12] He was a part-owner of now-defunct The New York Sun and The New Republic, and is a board member at Commentary.[13] He is also a major supporter of National Affairs magazine, edited by Yuval Levin.[1]

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HE RECYCLED THIS IN 2025

Climate Change-Obsessed AP Blames Humanity for 'Hellish' 'Summer of Earth's Discontent'

Newsbusters

Climate Depot Founder Marc Morano slammed Borenstein for his ridiculous sensationalization in comments to MRC Business. “The AP is hyping every ...

https://www.newsbusters.org/blogs/business/joseph-vazquez/2023/08/08/climate-change-obsessed-ap-blames-humanity-hellish-summer-discontent

its imbecilic for The Associated Press to act like any person with common sense would take its screeching about “human-caused climate change” seriously now after being paid millions to spread eco-propaganda.

AP’s climate “writer” Seth Borenstein kicked off his July 31 enviro-screed by making it sound like the beginning of a science fiction novel. “At about summer’s halfway point, the record-breaking heat and weather extremes are both unprecedented and unsurprising, hellish yet boring in some ways, scientists say. Killer heat. Deadly floods. Smoke from wildfires that chokes. And there’s no relief in sight,” Borenstein cried. "Here’s a rundown of the summer of Earth’s discontent."

Borenstein buried a more logical explanation for the extreme weather event and yet still managed to smear it with climate change, anti-fossil fuel drivel: “‘This story, these impacts, are going to continue,' NASA climate scientist [Gavin] Schmidt said. 'We’re going to be seeing this pretty much this year and into next year' with a natural El Nino warming of the Pacific adding to the overwhelming influence of human-caused climate change largely from the burning of coal, oil and gas.” [Emphasis added.]

Of course, readers wouldn't know it until the bottom of Borenstein's 31 paragraphs-long agitprop that AP announced in 2022 that it was receiving $8 million from a consortium of leftist, eco-obsessed nonprofit organizations like the Rockefeller Foundation and Quadrivium (the activist organizationof News Corp. Executive Chairman Rupert Murdoch’s estranged son and climate activist James Murdoch). The purpose of the leftist funding was supposedly for the purpose of “significantly expand[ing]” AP’s “climate coverage” with the goal to “infuse” the media landscape with climate journalism, all while keeping the deceptive veneer of “unbiased news” intact.

The vague disclosure in Borenstein's article made it seem like its nonprofit financiers were apolitical and that AP was still acting independently: "Associated Press climate and environmental coverage receives support from several private foundations. See more about AP’s climate initiative here. The AP is solely responsible for all content." Yeah, sure. [Emphasis added.]

Borenstein concluded his climate Armageddon rant with the ramblings of frequent MSNBC climate alarmist guest and University of Pennsylvania Earth and Environmental Science Professor Michael Mann. “‘How on God’s Earth are we still burning fossil fuels after witnessing all this,’” Mann told Borenstein. This is the same Mann (no pun intended) who scaremongered to MSNBC in June 2022 how we supposedly “have less than a decade” to save the planet, an exhausted propaganda talking point that the media have been peddling for years. He also grumbled in June 2023 that the U.S. Supreme Court’s decision in West Virginia v. EPA(2021)**that prohibited federal agencies from arbitrarily regulating carbon emissions at power plants without congressional approval meant it supposedly “removed the right to a livable planet.”

Climate Depot Founder Marc Morano slammed Borenstein for his ridiculous sensationalization in comments to MRC Business. “The AP is hyping every bad weather event it can find globally to fit their narrative,” Morano rebuked. “What they do not explain is that your chance of winning the lottery is very low, but the chance of someone, somewhere, winning the lottery is very high. So the activists essentially hype 'lottery winners' of extreme weather events and try to imply these events are increasing and happening everywhere.” 

But Borenstein’s knee-jerk reaction to wield any weather event to bellyache about the climate boogeyman is definitely on brand. After all, this was the same Borenstein who mindlessly touted the output of an unofficial climate model — not actually measured temperatures — to sensationalize in a July 6 headline how “[f]or third day, it was the hottest day on Earth, as global temperature matches record set Tuesday.” Borenstein and his co-author would later update their headline after it was clear they got the story wrong: “Earth hit an unofficial record high temperature this week – and stayed there.”

The authors inserted comments from the National Oceanic and Atmospheric Administration in their newly edited piece calling the output data “‘not suitable’ as substitutes for actual temperatures and climate records,” undercutting their initial argument.

Conservatives are under attack. Contact the Associated Press at 212-621-1500 and demand it quit acting like a mouthpiece for its eco-extremist donors.

Email: jvazquez@mrc.org

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https://www.exposedbycmd.org/2023/06/16/leonard-leo-bankrolls-former-lieutenant-to-challenge-gop-incumbent-in-missouris-2024-race-for-ag

Trump’s “judge whisperer” Leonard Leo, the Christian conservative largely responsible for moving the federal court system to the far right in the past decade, is deploying his powerful network to get a friend and former employee elected as Missouri’s next attorney general.

Will Scharf, a former federal prosecutor who worked briefly as a vice president at Leo’s public relations firm CRC Advisors, is challenging sitting Attorney General Andrew Bailey (R) in the August 2024 GOP primary—and leaping ahead of him in campaign cash.

Missouri Gov. Mike Parsons (R) appointed Bailey to replace former Attorney General Eric Schmitt (R), who was elected to the U.S. Senate last November. But the new attorney general has seen an exodus of key Schmitt staffers since taking office in January, one of whom told the National Review that, “Bailey is not going to be the conservative fighter that Eric Schmitt was.” Given his more “business-friendly” approach, conservative activists are concerned that he won’t have Schmitt’s “appetite for pushing back against critical race theory in schools” or going after “woke” corporations, the National Review reported.

Widely known for his tremendous influence in reshaping the U.S. Supreme Court and moving the federal judiciary to the right, Leo is now aiming to “counter what he sees as an increasing leftward tilt in society,” according to The New York Times.

In January 2020, Leo told Axios that he was stepping down from running the right-wing Federalist Society to lead CRC Advisors with communications executive Greg Mueller, starting with a “minimum $10 million issue advocacy campaign focusing on judges in the 2020 cycle.” Still, Leo remains closely involved with the Federalist Society as co-chair of its board of directors.

Scharf, who served as president of a Federalist Society chapter as a law student at Harvard from 2008–11, also reportedly worked as a consultant for Leo’s Judicial Crisis Network (JCN)—since rebranded The Concord Fund—where he was “actively involved” in getting Brett Kavanaugh confirmed as one of Trump’s picks for the Supreme Court.

Both Leo and Mueller, along with Mueller’s wife Charmaine, have maxed out their individual contributions to their hand-picked candidate’s campaign, according to Citizens for Scharf’s January filing. That month, the candidate told the St. Louis Post-Dispatch that he considers Leo “a dear friend and mentor.”

Of the $575,000 raised by Defend Missouri, the political action committee supporting Scharf’s run, $500,000 has come from Leo’s Concord Fund, according to the PAC’s April filing.

If Scharf defeats Bailey and wins in the general election, he will likely join the Republican Attorneys General Association (RAGA), a cash-for-influence operation that coordinates the official actions of Republican state attorneys general and sells its corporate funders access to them and their staff.

The Concord Fund is on record as the largest donor to RAGA in 2020, 2021, and 2022, the Center for Media and Democracy (CMD) has reported, giving $4 million last year alone. In 2019, RAGA presented Leo with a “special award” for helping to “shape the trajectory of RAGA and the conservative legal movement more than anyone else.”

RAGA also pays Leo’s Creative Response Concepts—now known as CRC Advisors—$7,500 per month for “consulting,” according to 2022 IRS filings.

In 2022, RAGA Executive Director Peter Bisbee and West Virginia Attorney General Patrick Morrisey spurned Bailey, their RAGA colleague, and contributed $250 and $2,000, respectively, to Scharf instead.

Disclosures reveal that in addition to Leo and Mueller, other executives at CRC Advisors have also supported Scharf’s campaign, with CFO NeilCorkery and his wife Ann each contributing $1,000, President Jonathan Bunch and his wife Amanda each giving $2,650, and Senior Executive Maria Marshall donating $1,000.

For years, the Corkerys have served at the center of Leo’s dark money network. Ann is listed in the filing as an attorney for The 85 Fund, one of Leo’s right-wing funding vehicles, and earns $256,000 per year as a counsel for The Concord Fund. In addition to his role at CRC Advisors, Neil has worked for Leo as treasurer of the JCN, president of the Judicial Education Project (as it was known before being renamed The 85 Fund), treasurer of the Foundation for Accountability and Civic Trust, and president of the now-shuttered Wellspring Committee.

Other Leo operatives who lead organizations at the center of the Right’s culture wars have also contributed to Scharf’s campaign. Will Hild, executive director of the Leo-funded group Consumers’ Research that is on the frontlines in the attacks on so-called “woke capitalism;” and Nicole Neily, president of the nonprofit Parents Defending Education that is purportedly fighting for parents’ rights, both contributed smaller amounts—in the hundreds—to Bailey’s challenger.

Donor at the Center of the Supreme Court Ethics Scandal Backs Scharf

Real estate tycoon Harlan Crow and his wife Kathy, close friends of Leo and Supreme Court Justice Clarence Thomas and his wife Ginni, maxed out contributions at $2,650 each to Scharf, according to his April campaign filing.

In April, ProPublica reported that Thomas has been accepting luxury trips and lavish gifts from Crow for over 20 years without disclosing them. The story featured a painting—unearthed by True North Research— hanging in Crow’s private resort that depicts him, Thomas, Leo, and others “discussing the law” and illustrates the extremely tight relationship between these men.

Another close associate of Leo’s, the right-wing philanthropist Roger Hertog, gave  ...

$50,000, the second largest donation made to Defend Missouri. He and Leo have been working together in similar activist circles since at least 2005....Rounding out the leading contributions to Defend Missouri are right-wing donorsIsaac Perlmutter, chairman of Marvel Entertainment,and his wife Laura, who together gave $25,000. Perlmutter has emerged as a major GOP donor since Trump’s first presidential run in 2016.

According to Scharf’s January and April filings, other major GOP donors who have jumped in early to support his campaign committee include:

Ken Kendrick, owner of the Arizona Diamondbacks baseball team: $2,825

Randy Kendrick, general manager of the Diamondbacks: $2,825

Suzie Kovner, wife of retired billionaire hedge fund manager Bruce Kovner: $2,000

Robert Kraft, chairman of Kraft Group and owner of the New England Patriots football team: $2,825

Bernard Marcus, retired founder and CEO of Home Depot: $2,825

Paul Singer, billionaire co-CEO of Elliott Investment Management: $2,650...">Deborah Hochberg, senior advisor at The Paul E. Singer Foundation: $2,82




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Donor Lookup • OpenSecrets

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CategoryContributorEmployer
Money to SuperPAC/Outside GroupHERTOG, ROGER NEW YORK, NY 10022HERTOG F...
Money to CandidatesHERTOG, ROGER NEW YORK, NY 10022BLANK
Money to CandidatesHERTOG, ROGER NEW YORK, NY 10022

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Roger and Susan Hertog

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Inside Philanthropy

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Jan 20, 2020 — NET WORTH: Unknown. SOURCE OF WEALTH: Cofounding partner of Sanford C. Bernstein & Co (now AllianceBernstein).

Roger Hertog

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Wikipedia

https://en.wikipedia.org › wiki › Roger_Hertog

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Roger Hertog (born July 5,1941) is an American businessman, financier, and conservative philanthropist. Born and raised in The Bronx borough of New York ...

Personal life and career · ‎Philanthropy

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About - Hertog Foundation

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Hertog Foundation

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We offer programs in three main areas: Political Thought & Philosophy; War & Foreign Affairs; and Economics & Domestic Policy. Stay Updated Submit.

Education: The City College of New York

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Roger Hertog

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SourceWatch

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Roger Hertog is a director and vice chairman of the board of Alliance Capital Management Corporation, "which was valued in 2002 at about $100 billion", ...

The Philanthropy of Roger Hertog: Using Business Savvy ...

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The Bridgespan Group

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Jul 29, 2013 — Roger Hertog's beliefs center on the power of ideas to anchor his strategic philanthropic journey and actions.

https://www.bridgespan.org › insights › Giving-while-...

Nov 27, 2013 — Roger Hertog believes that doing philanthropy well is difficult, but that the challenges are only magnified when foundations are charged ...

Tikvah's Visiting Faculty and Speakers - Roger Hertog

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Roger Hertog is president of the Hertog Foundation and chairman of the Tikvah Fund. One of the founding partners of the investment research and management ...

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New Funding for the Hertog Scholars Program at Macaulay ...

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City University of New York

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Sep 24, 2015 — (September 24, 2015, New York, NY) – Macaulay Honors College at The City University of New York is proud to announce that it has received a ...

A cantankerous donor

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Jan 10, 2014 — They're not rare on the ground, are they? The world recently lost a prominent and very interesting one, the hedge fund titan Robert Wilson, who ...

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