Lee P. Klingenstein ’47

Lee died April 6, 2020, in Scarsdale, N.Y., at his home.

He came to Princeton from the Taft School, but enlisted in the Navy almost immediately. After several unglamorous but enlightening Naval assignments, he returned to Princeton in 1946 and graduated with a degree in economics. Lee spoke fondly of his postwar years, shared with six roommates in Blair Tower, and formals alongside his repeat date and soon-to-be wife, Daney Frances.

After graduation in 1949 Lee began his career at Lehman Brothers, where he became a partner in asset management in his late 30s. Soon after, he moved to Neuberger Berman, where he counseled his many clients wisely and happily for 37 years.

An active philanthropist, always focusing on education, Lee served on the board of the Taft School and Outward Bound for several decades. It was there where he met and collaborated with close friend Greg Farrell ’57 to create a new type of curriculum that would ultimately become EL Education. He understood the value of educating the whole child and knew the importance of perseverance and self-confidence. Today more than 500,000 American students benefit from EL Education’s curriculum.

Lee is survived by his wife, Daney; three children; nine grandchildren; and one great-grandchild. His loving, wise, and steadfast presence will be deeply missed by them all.