Leroy Schecter

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Leroy Schecter is the founder and current chairman and director of the Leroy Schecter Foundation (EIN: 30-0134495) (also known as the Schecter Family Foundation).

Background

Born in 1927, Schecter served in the US military during World War II. After the war Schecter began working in surplus metal sales, later diversifying his interests into trucking, building products and real estate.[1] The Leroy Schecter Foundation is a major donor to Friends of the Israel Defense Forces, the US body that sends funds to the Israeli Association for the Wellbeing of Israel's Soldiers. Between 2002-2013 the foundation donated $8,011,387 to the FIDF.[2]

Schecter's ex-wife Shoshana Candiotti Schecter is a businesswomen born and raised in Israel. After graduating from high school she served in the Israeli Defence Forces and the Israeli Intelligence Service. After her military service she migrated to Miami, Florida. [1]

Political Contributions

Schecter is reported to have contributed a total of $47,400 to eighteen campaign committees in the United States.[3] The majority of which were Democrat-affiliated committees.[3] Amongst his contributions he gave $5000 to the pro-Israel SunPAC.[3]

Campaign committee name Amount contributed in $ Electoral cycle
SunPAC 5,000 2008/2010
Forward Together PAC 5,000 2006
Wyden for Senate (Ron Wyden) 4,800 2010
COLEMAN FOR SENATE 08 (Norman Coleman) 2,600 2008
Hastings for Congress (Alcee L. Hastings) 2,400 2010
Niki Tsongas Committee (Niki Tsongas) 2,400 2010
Ros-Lehtinen (Ileana Ros-Lehtinen) 2,400 2010
Friends of Blanche Lincoln (Blanche Lincoln) 2,400 2010
Friends of John Thune (John Thune) 2,400 2010
Kirk for Senate (Mark Kirk) 2,400 2010
Moran for Kansas (Jerry Moran) 2,400 2010
Elizabeth Dole Committee (Elizabeth Dole) 2,300 2008
Lautenberg for Senate (Frank R. Lautenberg) 2,300 2008
Finegold Committee (Barry R. Finegold) 2,300 2008
Jim Risch for Senate Committee (Jim Risch) 2,300 2008
Johanns for Senate (Michael O. Johanns) 2,000 2008
Lisa Murkowski for US Senate (Lisa Murkowski) 1,000 2010
Ike Skelton for Congress Committee (Ike Skelton) 1,000 2008

[3]

Wealth

In 2002 Schecter's net worth was estimated at $156 million.[1] In August 2012 Forbes Magazine reported that Schecter was the own of two adjoining condos in Central Park, New York that were listed at $95 million.[4]

Schecter is also reportedly the owner of a $25 million mansion on the Upper East Side of New York and a 'train station sized' beach side mansion on Indian Creek Island in Miami Beach. The latter property was listed by Schecter in May 2012 with a valuation of $45 million.[5] It was eventually sold for $28 Million in July 2014.[6]

Notes

  1. 1.0 1.1 1.2 University of Miami School of Law Website Shoshana Candiotti Schecter v. Leroy Schecter. Accessed 17 February 2015.
  2. Data compiled from filings of Form 990s 2002 - 2013.
  3. 3.0 3.1 3.2 3.3 Inside Gov Website Leroy Schecter. Accessed 4 June 2015.
  4. Morgan Brennan, '$100 Million Homes: In The Stratosphere Of Real Estate, Logic Breaks Down', Forbes, 23 August 2012, accessed 4 June 2015.
  5. Mark David, 'Monday Morsel: Leroy Schecter', Variety, 3 June 2013, accessed 4 June 2015.
  6. Staff, 'Steel Magnate Leroy Schecter Sells Miami Beach Mansion For $28 Million', Jewish Business News, 25 July 2014, accessed 4 June 2015.