Our Founder
William J. Ruane
Bill Ruane was a phenomenally successful career
man and an even more remarkable human being. Born
in 1925, Bill grew up in a middleclass neighborhood
in Chicago where he attended Catholic schools
and was an average student. He went on to create
and manage the Sequoia Fund, one of the most consistently
high-performing investment funds on Wall Street.
Bill approached his philanthropic work with the
same keen intelligence, meticulous attention to
detail, concern for others, and wonderfully easygoing
humor that he brought to the business world. Particularly
interested in identifying and treating mental
illness and righting educational inequities in
this country, he was passionate about the thousands
of children that his programs impacted. He was
generous both in his financial giving and in his
immense level of personal involvement with his
philanthropic initiatives.
Through his spirited leadership and guidance,
the Carmel Hill Fund Education Program became
a unified, tireless team. Though Bill passed away
in 2005, his legacy continues to inspire our work.
We proudly strive to realize his vision of changing
the educational road traveled by all children
in this country.
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