A stretch of downtown Dallas that once sat divided by a sunken freeway now functions as one of the city’s most popular gathering spots, and much of the credit traces back to a single gift from energy executive Kelcy Warren. In 2012, Warren donated 10 million dollars toward the creation of Klyde Warren Park, a 5.2-acre green space built to […]
Nearly thirty years after its founding, the Colcom Foundation continues to operate according to the principles laid out by its founder, Cordelia Scaife May. The organization has distributed more than $500 million in grants since 1996, much of it tied directly to May’s original concerns about population growth and environmental balance. A Philosophy Rooted in Balance May believed that human […]
Most wealth management firms grow by adding specialists: another tax expert here, another insurance consultant there. Michael Gold takes the opposite approach. The founder and CEO of Gold Family Wealth in Westport, Connecticut, built his practice around what he calls orchestration rather than accumulation of advisors. Instead of expanding a family’s roster of professionals, Michael Gold’s team coordinates the specialists […]
Some business deals happen over months of negotiation. Kelcy Warren‘s purchase of Louis Dreyfus Highbridge Energy’s natural gas liquids assets happened over a weekend. Facing a narrow window to close the roughly $2 billion transaction in March 2011, Warren convened an emergency board meeting on a Friday night. The board reviewed and approved the deal that evening so Energy Transfer […]