Eychaner is a major donor to Democratic campaigns, gay rights advocacy groups, and arts organizations.[7]
Early life and education
Eychaner was born to a middle-class
Methodist family in
DeKalb, Illinois, the son of Mildred (Lovett) and Howard Franklin Eychaner.[1][8][9][10] His father owned a moving and storage business.[11] He has three siblings, including Iowa businessman Rich Eychaner.[1][12] He attended the
Medill School of Journalism.[1]
Business interests
In the late 1970s, Eychaner founded Metrowest Corporation, which would eventually become Newsweb, which prints a wide variety of newspapers. It was in 1982 that, through Metrowest, he launched Chicago television station
WPWR-TV Channel 50 in Chicago. It was also in 1982 that, alongside
Chicago White Sox owners
Jerry Reinsdorf and
Eddie Einhorn, he was involved in the launching of the subscription sports television service
Sportsvision. The service was sold to
Cablevision in 1984, which converted it into a basic cable service. In 2002, WPWR was sold to
Fox Television Stations for a reported $425 million. Then, in 2005, through Newsweb, he launched Chicago radio station
WCPT (820 AM), branded as Chicago's Progressive Talk.[1]
Philanthropy
He is President of the charitable organization Alphawood Foundation which granted the
School of Oriental and African Studies,
University of London £20m in 2013.[13] Eychaner has given the Clinton Foundation more than $25 million.[14] He is also credited with getting the long-delayed FDR Four Freedoms Park on Roosevelt Island in New York finally constructed.[15]
In November 2013, Alphawood announced a $2 million matching grant to help jumpstart construction of the
Bloomingdale Trail in Chicago.[16]
Eychaner commissioned architect
Tadao Ando to design his house in Chicago, which was completed in 1997, and the
Wrightwood 659 gallery next door, which officially opened in 2018.[17]
Political activities
He has been a top Democratic donor for several cycles and in the 2012 election cycle was the top donor to Democratic Super PACs, giving more than $14 million.[1][18]
Boards
He serves on the board of the Joffrey Ballet,[19] and of the Art Institute of Chicago.[20] He is also a trustee of the Asian Art Museum in San Francisco.[21]