Board of Trustees

Marine Corps University Foundation LogoMr. Thomas A. Saunders III

Finance and Investment

Mr. Thomas A. Saunders III is president of Ivor & Co., LLC and the Ivor Foundation, a private investment firm and family foundation respectively, both located in New York City.

He began his investment banking career at Morgan Stanley where he was a managing director, headed the firm’s syndicate and capital market group and ultimately became Chairman of its $2.2 billion private equity fund. After leaving Morgan Stanley in 1989, he founded the private equity firm, Saunders Karp & Megrue, which merged in 2005 with Apax Partners, LP, a private equity firm headquartered in London.

Mr. Saunders continues to be an active private equity investor and is a Senior Advisor to a number of investment funds including Citi’s Metalmark Capital, Citi’s Old Lane Funds, Roundtable Partners, Parallel Partners, Goode Holdings and Blackrock‘s private equity fund of funds. In addition, he serves on the Boards of Directors of the publicly traded Dollar Tree, Inc., where he is Lead Director, and Hibbett Sporting Goods, Inc.

Mr. Saunders' philanthropic interests have focused principally on public policy, higher education, historic preservation and the arts. He is the Chairman of The Heritage Foundation, located in Washington DC. He is a member of the Trustees’ Council of the National Gallery of Art in Washington, DC. He is the former chairman of the University of Virginia Darden School Foundation. He has been a member of the Boards of Visitors of the University of Virginia and the Virginia Military Institute. From 1995-2000, he was the National Co-Chairman of the University of Virginia’s $1.4 billion capital campaign.

Mr. Saunders served on the Board of Directors of the University of Virginia Investment Management Company, is the former Chairman of the Board of Trustees of the Thomas Jefferson Foundation and is a present Trustee of the New-York Historical Society. Mr. Saunders and his wife, Jordan, are recipients of the 2008 National Humanities Medal. Mr. Saunders is the recipient of the highest awards bestowed by the Marine Corps University Foundation, the New-York Historical Society, the Virginia Military Institute and the Darden Graduate School of Business at the University of Virginia.

Mr. Saunders received his BSEE from the Virginia Military Institute in 1958 and an MBA from the University of Virginia Darden School in 1967. Jordan Saunders, daughter of U.S. Marine Corps Major General Matthew C. Horner (deceased) is a member of the Board of Trustees for the Marine Corps University Foundation.

The Saunders reside in Palm Beach, Florida. They have two children and four grandchildren.