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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 programs ...
Forstmann and the late John Walton met as donors to the Washington Scholarship Fund (WSF), founded in 1993 to provide scholarships for low-income families in Washington D.C. When more than 8,000 applications applied to WSF for the 1998-99 school year the two men realized there was substantial demand among poorer families for alternatives to the ...
US$ 403 million [1] [2] Volunteers (2021-2022) 46,340. Website. www .younglife .org. Young Life is an evangelical Christian organization based in Colorado Springs, Colorado which focuses on young people in middle school, high school, and college. Week-long Summer camps are a major focus, and these have a definite evangelizing aspect. [3]
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 ...
Founder of Forstmann & Co. Founding Partner of Instinet. Julius Anthony "Tony" Forstmann (May 22, 1938 - January 31, 2023) was an American financier. He is one of the founding partners of Forstmann-Leff & Associates, one of the first hedge funds in the United States, along with Joel B. Leff. He was an original investor in Forstmann Little and ...
Georgia's largest school district announced Tuesday that it won't teach a new Advanced Placement course in African American Studies, saying the state Department of Education's refusal to approve ...
The Israeli military is set to issue call-up notices to 1,000 members of the ultra-Orthodox community on Sunday as a divisive battle over drafting the religious Haredim into the army moves into a ...
Forstmann, Little & Company was an American private equity firm, specializing in leveraged buyouts (LBOs). At its peak in the late 1990s, Forstmann Little was among the largest private equity firms globally. Ultimately, the firm would suffer from the bursting of the internet and telecom bubbles, having invested heavily in technology and ...