Joshua Bekenstein Explained

Joshua Bekenstein
Birth Place:New York City, US
Occupation:Managing Director at Bain Capital
Alma Mater:Yale University (BA)
Harvard University (MBA)
Spouse:Anita
Children:5

Joshua Bekenstein is an American businessman and co-chairman of Bain Capital.

Early life

Bekenstein grew up in a Jewish family in New York City.[1] [2]

Education and personal life

Bekenstein graduated from Yale University in 1980 with a Bachelor of Arts (B.A.). He then graduated from Harvard Business School with a Master of Business Administration (MBA) degree in 1984.[3]

Since earning his degrees, Bekenstein has stayed active with Yale, and is on the Board of Advisors of the Yale School of Management, the Yale Investment Committee, an at-large member of the University Council, the co-chair of the Yale Tomorrow Campaign, and a member of the Yale Development Council. He was also appointed as a new successor trustee of the Yale Corporation in 2013.

Career

Bekenstein worked at Bain & Company following his graduation from Yale where he worked with companies in a variety of industries.[4] He joined Bain Capital at its founding in 1984 and became a managing director in 1986. He was named co-chairman of the firm in 2016.[5] Bekenstein is a board member of Gymboree Corporation, Dollarama,[6] Toys "R" Us, Bombardier Recreational Products, Michaels Stores, Burlington Coat Factory, Waters Corporation,[7] Bright Horizons Family Solutions,[8] [9] and Yale University.[10] [11]

Philanthropy

Bekenstein is co-chair of the board of directors of New Profit Inc., a Boston-based venture philanthropy fund[12] and as a member on the Board of Trustees of the Pan-Mass Challenge, an annual bike-athon that crosses the Commonwealth of Massachusetts to raise money for the Dana–Farber Cancer Institute,[13] where Bekenstein is chairman of the board of trustees.[14] Bekenstein co-chaired Dana-Farbers “Mission Possible” campaign that hit its goal to raise $1 billion a year early in September 2009.[15] Bekenstein also chairs the board of Be The Change, is a board member of City Year, Opportunity Nation, and New Leaders.[16] He also contributes to Horizons for Homeless Children, Year Up, Teach for America, Kipp Schools, and Boston Children’s Hospital.[17] [18] In 2010, the National Association of Corporate Directors named Bekenstein Nonprofit Director of the Year.[19]

Bekenstein contributed $100,000 to The Lincoln Project in June 2020. He and his wife, Anita, also made significant contributions to two other super PACs supporting presumptive Democratic nominee Joe Biden, Unite the Country and Priorities USA Action.[20] The Bekensteins ultimately pledged a total of $18,728,320 to Democratic causes, making Bekenstein the 17th largest Democratic donor of the 2020 election cycle.[21] They also operate a donor-advised fund through the Combined Jewish Philanthropies of Boston.

Notes and References

  1. Web site: Joshua Bekenstein . About.me . October 31, 2024.
  2. Web site: Meet the Top 15 Jewish Political Donors . Ron Kampeas . September 24, 2020 . . October 31, 2024.
  3. Web site: Hill and Bekenstein joining the Yale Corporation. 28 May 2013 . Yale News. 24 November 2014.
  4. Web site: Joshua Bekenstein. Bain Capital. 24 November 2014.
  5. Web site: Primack. Dan. Bain Capital Memo Details Management Changes. Fortune. 1 July 2016.
  6. Web site: Board of Directors. Dollarama. 24 November 2014.
  7. Web site: Board of Directors. Waters. 24 November 2014.
  8. Web site: Joshua Bekenstein. Opportunity Nation. 24 November 2014.
  9. Web site: Joshua Bekenstein. https://web.archive.org/web/20121031011658/http://www.forbes.com/profile/joshua-bekenstein/. dead. October 31, 2012. Forbes. 24 November 2014.
  10. Web site: Bekenstein '80 appointed senior trustee of Yale Corporation. Yale Daily News. 21 September 2021 . 26 September 2023.
  11. Web site: Current Board. 22 March 2017 . Yale University. 26 September 2023.
  12. http://www.newprofit.com/about_team_board.asp New Profit Inc. Board of Directors
  13. http://www.pmc.org/about.asp?ArticleID=36 Pan-Mass Challenge Board of Trustees
  14. Web site: Members of the Board of Trustees. Dana-Farber. 24 November 2014.
  15. Web site: Grillo. Thomas. Dana-Farber hits $1B goal a year early. 9 September 2009 . Boston Herald. 24 November 2014.
  16. Web site: Board of Directors. New Leaders. 24 November 2014.
  17. Web site: Philanthropy Spotlights: Josh Bekenstein. The Bridgespan Group. 24 November 2014.
  18. Web site: Josh Bekenstein. Be the Change. 24 November 2014. dead. https://web.archive.org/web/20150508000755/http://www.bethechangeinc.org/pages/joshbekenstein. 8 May 2015.
  19. Web site: Call for Nominations. NACD. 24 November 2014.
  20. Web site: Billionaire Democratic donors give big to anti-Trump Lincoln Project . Karl Evers-Hillstrom . July 15, 2020 . . October 31, 2024.
  21. Web site: Who are the Biggest Donors? . OpenSecrets . October 31, 2024.