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Theodore Joseph Forstmann (February 13, 1940 – November 20, 2011) was one of the founding partners of Forstmann Little & Company, a private equity firm, and chairman and CEO of IMG, a global sports and media company. [ 2 ] A billionaire, Forstmann was a Republican and a philanthropist. He supported school choice and funded scholarship ...
The Children's Scholarship Fund is a privately funded tuition assistance program in the United States. The fund provides scholarships enabling low-income children to attend private schools. More than 25,700 students in Kindergarten to 8th Grade receive the fund's scholarships. [1] It was founded in 1998 by Theodore J. Forstmann and John T. Walton.
The adoption process for J.R., his integration into the family, and his struggle to develop sufficient physical strength to climb the staircase inside the family home are used as a unifying device for telling the story of how the DeBolts became involved in the adoption of "special needs" children and showing how the family approaches the ...
On Monday, global sports and media behemoth IMG announced the death of its chairman and CEO, Theodore J. "Ted" Forstmann, from brain cancer. Forstmann, born in 1940, was a former investment banker ...
Elisha and C.J. Hodge have a large family with their 9 adopted children. They are now pregnant with a child, who they call 'a divine miracle'.
Forstmann was an original investor in Forstmann Little & Company in 1975 with his two brothers, Theodore J Forstmann (Ted) and Nicholas C Forstmann (Nick). At its peak, the company was one of the largest private equity firms globally and specialized in leveraged buyouts. He remained a special limited partner until his brother's passing. [5]
The company was founded by brothers Ted and Nick Forstmann, and Brian Little. [4] With the deaths of Brian Little and Nicholas Forstmann in 2000 and 2001, [5] respectively, Ted Forstmann was the chief partner. A third brother, J. Anthony Forstmann, is a limited partner in the firm.
In 1998, as part of the Philanthropy Roundtable, Walton and friend Ted Forstmann established the Children's Scholarship Fund to provide tuition assistance for low-income families to send their children to private schools. [4] He was an advocate of school vouchers.