FRED AND KAREN SCHAUFELD are a dynamic, dedicated and determined couple who are inspired by making an impact where it matters most. They actively support local and global causes related to education, poverty, healthcare, and the advancement of the arts.
It is their passion for identifying need in our community that moved them to help fund the Schaufeld Family Heart Center of the Inova Loudoun Hospital. They also are members of Venture Philanthropy Partners, a philanthropic investment organization which aids low-income families in our region. Fred is a board member of several companies and supports several schools and scholarship programs.
Karen is the founder of 100WomenStrong, a philanthropic group that invests strategically in community support organizations in the areas of health, shelter, hunger and education. She is also co-founder of All Ages Read Together, a program designed to teach school readiness skills to low-income preschool-age children. She donates part of the proceeds from sales of her recently published children’s book, The Lollipop Tree, to the organization.
Fred holds a Bachelor of Science degree in government at Lehigh University and founded the consumer product protection company NEW Corporation, now NEWAsurion, where he serves as vice chairman. In 2006, he founded the private equity firm SWaN Investors, now SWaN & Legend Venture Partners, where he is managing director. Ernst and Young awarded Fred the “Entrepreneur of the Year” award in the Washington, D.C., Service Industry category in 1998. He is an ownership partner of the Washington Capitals, Nationals, Mystics, and Wizards pro-sports teams.
Karen earned a dual Bachelor of Arts degree in English and government from Lehigh. She received a juris doctorate degree from George Washington University. She has worked in the fields of energy, environmental permitting, and compliance, as well as corporate, labor, employment, and insurance-related law. She has been a state-wide leader in promoting the expansion of solar power in Virginia.