The Leichtag Foundation, which was started in 1991 by pharmaceutical entrepreneurs Lee and Toni Leichtag, had $140 million in assets in 2009 by the time both were deceased. They named James Farley as the executor, and he brought in Charlene Seidle who was president and CEO of the San Diego Jewish Community Foundation, to serve as executive vice president.
A look at what Leichtag Commons has done is a useful guide. They were fortunate to have a financial cushion as they developed their business model. While many children were going to school on Zoom, it started an outdoor after-school camp teaching children how to grow food.
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