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Donald Cecil

Donald Cecil had an illustrious career on Wall Street. After serving as Senior Vice President and Director of Institutional Research at Shearson, Hammill & Co. and President of the Shearson Hammill Asset Management Company, he became a founding partner of Cumberland Associates, a private investment management firm with more than $1 billion in assets under management. In 1982, Mr. Cecil took on a Special Limited Partner role in order to dedicate time to civic, charitable, and corporate activities.

He is a retired member and officer of numerous corporate and organization boards and councils domestically and internationally, as well as a retired director and trustee of more than 40 mutual funds. He is included in the Who’s Who in Finance and Industry, Who’s Who in America, and Who’s Who in the World.

Locally, Mr. Cecil is a retired Chair of the Westchester County Board of Transportation, a retired member of the Board of the New York Metropolitan Transportation Authority, a former President of the Cage Teen Center in White Plains, and a past Chair of the Board of the Friends of the Neuberger Museum of Art. He currently serves as Treasurer and Director of the Center for Educational Innovation in New York City and, in addition to his role as Vice Chair, as Chair of the Purchase College Foundation Board Investment Committee where he also donates his time and counsel to manage the Foundation’s investment portfolios.
 Mr. Cecil and his late wife, Jane, founded the Jandon Foundation in 1965, to provide scholarships to gifted high schoolers living in Westchester households that subsist below the poverty line. In 1986, Mr. and Mrs. Cecil “adopted” a class of sixth graders in Mount Vernon, New York, promising the children that if they graduated from high school the Cecils would pay for them to attend college. Thirty-five students earned their degrees under the Cecil’s I Have a Dream Program.

The Jandon Foundation also gives scholarships to Purchase College students enrolled in the theater and dance programs and has sponsored a “Writing in the Arts” program at the Neuberger Museum of Art. 

In 2012, marking the occasion of his 85th birthday, Mr. Cecil’s family generously funded the Jandon Business of the Arts Distinguished Lecture to support the Arts Management program at Purchase College. This endowed lecture series reflects Mr. Cecil’s lifelong commitment to excellence in education, leadership in business, and passion for the arts.

Mr. Cecil has been honored by numerous organizations, including the Center for Education Innovation, the Yale Westchester Alumni Association, and the Neuberger Museum of Art; he received the Purchase College Leaders in Philanthropy Award in 2016.

Mr. Cecil holds a BS in Applied Economics from Yale University and resides in Harrison, New York. He is a world traveler who enjoys ballet, art, and tennis.


Emeritus Trustee


Founding Partner, Cumberland Associates