PHOTO CREDIT: Adopt-A-Family

Board & Staff

Our Board

Louis V. Gerstner, Jr., Chairman

Mr. Gerstner was chairman of the board of IBM Corporation from April 1993 until his retirement in December 2002. He served as chief executive officer of IBM from 1993 until March 2002.

Dr. Elizabeth Gerstner, Vice President

Dr. Gerstner is a clinical neuro-oncologist at the Mass General Cancer Center and Associate Professor of Neurology, Harvard Medical School. She obtained her bachelor’s degree in neuroscience from Brown University and pursued her medical degree at Columbia University College of Physicians and Surgeons, where she served as Chief Resident in Neurology while completing her residency training. Dr. Gerstner then attended Harvard Medical School to earn her Masters in Medical Science.

Dr. Gerstner’s research accomplishments have been recognized by a number of prestigious awards, including the Clinical Research Scholar, awarded by Massachusetts General Hospital Cancer Center and the Claflin Distinguished Scholar Award. She has been featured in many notable medical journals highlighting her research in collaboration with colleagues at Mass General and various physician-scientists from other prominent medical institutions.

Lea Carpenter

Lea Carpenter is the author of two novels, Eleven Days (Knopf 2013) and Red White Blue (2018). Her first screenplay, Mile 22 (2018), about CIA’s Special Activities Division, was directed by Peter Berg and starred Mark Wahlberg and John Malkovich. Carpenter is a founder of Francis Ford Coppola’s National Magazine Award-winning literary magazine, zoetrope, and is the former Deputy Publisher of The Paris Review. She is currently Contributing Editor at Esquire and the US Editor of Cabana. She graduated Phi Beta Kappa from Princeton and has an MBA from Harvard Business School, where she was valedictorian.

Sandra Horbach

Sandra Horbach is a Managing Director & Co-Head of US Buyout at The Carlyle Group where she oversees Carlyle’s three largest private equity funds with approximately $40 billion in capital under management.

Ms. Horbach joined Carlyle in 2005 to launch the Consumer & Retail Group and has since led all of Carlyle’s US consumer investments, including Acosta Sales & Marketing, Beats Electronics, CVC Brasil, Dunkin’ Brands, Philosophy, The Nature’s Bounty Co. and Vogue. She became Co-Head of US Buyout in 2016.

Prior to joining Carlyle, Ms. Horbach was a General Partner with Forstmann Little & Co. Prior to Forstmann Little, Ms. Horbach spent 2 years in the M&A department of Morgan Stanley & Co. Ms. Horbach earned her M.B.A. from Stanford University and her B.A. from Wellesley College.

Ms. Horbach currently serves as a director on the Boards of Acosta and Novolex. She serves as a Trustee at Rockefeller University & Wellesley College and was formerly Chair of Stanford’s Graduate School of Business Advisory Council.

Stanley Litow

Mr. Litow served a Vice President of Corporate Citizenship & Corporate Affairs at IBM and President of IBM’s Foundation until his retirement in April 2017. Mr. Litow and IBM have won many awards due to Mr. Litow’s work, primarily for efforts to improve education. Following his retirement, Mr. Litow now teaches at Columbia and Duke University, serving as the Innovator in Residence at the latter.

Prior to joining IBM, Mr. Litow’s career in public and nonprofit leadership included service as Deputy Chancellor of the New York City Public Schools, founder and CEO of Interface, a nonprofit think tank, and as both a City and State Official appointed by the Mayor and Governor of New York. He currently serves as the Governor’s appointee to the board of the State University of New York. Mr. Litow is the author of The Challenge for Business and Society: From Risk to Reward (Wiley 2018), a roadmap to improve corporate social responsibility.


our staff

Kara V. Klein, Executive Director

Ms. Klein is the Executive Director of the Gerstner Family Foundation.  She joined the Gerstner family office in 2006, prior to which she was a management consultant.

She holds a B.A. from Cornell University and an MBA from Columbia University.

Sarah D. Persily, Program Director

Ms. Persily’s experience includes philanthropy, development, and law. She has worked for Tiger Foundation, Pro Bono Partnership, IBM, Proskauer, and The New York Public Library.

She holds a B.A. from the University of Michigan and a J.D. from Harvard Law School.

Molly C. Gelinas, Program Assistant

Ms. Gelinas has over seven years of experience in administration and client service and has worked with social services agencies for over 10 years to organize holiday events and charity drives for families in need.

She holds a B.A. from Stony Brook University.

Louis V. Gerstner, Jr., Kara Klein, and Sarah Persily with students.