Carl J. Shapiro
Carl J. Shapiro (February 15, 1913 – March 7, 2021) was an American businessman and philanthropist. In 1939 he founded Kay Windsor, Inc. in New Bedford, Massachusetts, and built it into one of the largest women's clothing companies in the country. He was its president and chairman of the board and was director of VF Corporation, which acquired Kay Windsor in 1971; he retired five years later.
Carl J. Shapiro
February 15, 1913
March 7, 2021 (aged 108)
Businessman, woman's clothing company founder and philanthropist
Founding Kay Windsor, Inc
Robert M. Jaffe (son-in-law)
Philanthropy[edit]
In 1961 The Carl and Ruth Shapiro Family Foundation was established. It supports community-based nonprofits focused on improving the lives of the disabled, disadvantaged, and disenfranchised. Its support has bolstered the work of about 65 organizations working in areas such as youth arts, adult education, domestic violence, and assistive technology for persons with disabilities. In December 2008, the Foundation lost about $145 million in Bernard Madoff’s Ponzi scheme.[1]
Shapiro and his wife, Ruth became Brandeis University benefactors in 1950. Ruth joined the University's National Women's Committee in 1948. Carl served as a Brandeis Fellow from 1977–79, and as a Trustee from 1979 to 1988, when he became a Trustee emeritus. They gave $25 million, the largest gift in Brandeis history, to build the 2003 Carl and Ruth Shapiro Campus Center; they funded the admissions center and endowed a chair in international finance held by Peter Petri, dean of the International Business School (formerly the Graduate School of International Economics and Finance). The Shapiros also funded the Carl and Ruth Shapiro Center for Library Technology and Journals in the Farber Library on campus.[2] In January 2003 Shapiro received Brandeis' highest honor, an honorary degree, citing an "unshakable commitment to making the world a better place".[2]
Shapiro founded the Carl J. Shapiro Institute for Education and Research at Harvard Medical School, Boston Medical Center, and Beth Israel Deaconess Medical Center in Boston. In 2005 the Shapiros donated $25 million to Brigham and Women's Hospital, for the world's most advanced cardiovascular care facility, the Carl J. and Ruth Shapiro Cardiovascular Center, designed to support one of the world’s leading teams of cardiovascular experts.[1] In 2008 they also pledged $27 million to Dana-Farber/Brigham and Women’s Cancer Center to substantially upgrade and expand its facilities for cancer care services. Other recipients of
The Shapiro's contributions include; Boston Museum of Fine Arts, Wellesley College, Beth Israel Deaconess Medical Center, Boston Symphony Orchestra, Kravis Center for the Performing Arts, the Norton Museum of Art, and the Palm Beach Opera, among other institutions.[2]
Personal life[edit]
Shapiro was married for 73 years to Ruth Gordon, who was also Jewish, until her death in 2012; they had three daughters: Rhonda Shapiro Zinner, Ellen Shapiro Jaffe, and Linda Shapiro Waintrup.[14][1] Since 2009 Shapiro divided his time between Boston and Palm Beach.[1]
Shapiro turned 100 in February 2013.[15] His daughter Ellen is married to Robert M. Jaffe, a money manager from Boston and Palm Beach, Florida. Another daughter, Rhonda Zinner (deceased), was on the Brandeis Board of Trustees and a key organizer and planner in the family's philanthropic causes and projects, including the University's new campus center.[2] As of June 2017, Shapiro, then 104, was noted as being the only one of Bernard Madoff's "big four" clients still alive.[16][17] Shapiro died on March 7, 2021, at his home in Boston.[18] He was 108.