Calvin Cafritz, the eldest son of Morris and Gwendolyn Cafritz, and a native Washingtonian, has been involved in real estate for more than fifty years. He was elected to the
Board of Directors of The Morris and Gwendolyn Cafritz Foundation in December 1988 and since February 1989, has served as Board Chairman. In July 1993, he was elected President and CEO of the Foundation.
As Chairman, President and CEO, Mr. Cafritz is directly responsible for the real estate and non-real estate portfolio of the Foundation and subsidiary corporations. The Foundation is the largest private, independent, local Foundation that focuses solely on Washington, D.C. metropolitan area. Under Mr. Cafritz’s leadership, the Foundation has awarded more than $411 million to 9,682 projects.
Mr. Cafritz began his career with Cafritz Construction Company in 1947. After college and military service, he rejoined the firm in 1956 and served in various positions, until the death of his father in 1964 when he became President of Cafritz Company, Cafritz Construction Company and Ambassador, Inc. During his tenure, the companies developed, constructed and leased a number of additional office buildings in Washington’s central business district. In 1971, Mr. Cafritz resigned to form Calvin Cafritz Enterprises, with investments in aviation, communications and Washington area real estate.