Established in 2005, the Spector Family Foundation is a private grantmaking organization dedicated to advancing the arts, education, and civic life. Guided by a belief in the transformative power of the handmade, Abigail and her husband Warren launched the Spector Craft Prize in 2025 to honor America's craft traditions while championing the next generation of makers. Through recognition and financial support, the Foundation seeks to strengthen craft’s role in contemporary American society.
Abigail Klem Spector is Vice President and Director of the Spector Family Foundation and Co-Founder of the Spector Craft Prize. Abigail brings decades of leadership at the intersection of design and commerce to this work. She began her career as a corporate lawyer before transitioning to fashion, where she served as Executive Vice President of Merchandising at Diane von Furstenberg and later as President of Ivanka Trump's eponymous brand. Throughout her career, artisanship and craft have remained at the core of her work. She is the founder of Klem Strategic Consulting, where she advises executives and creatives in design-driven industries.
She is a board member of Closely Crafted, an organization dedicated to sustaining craft in the American fashion industry. Committed to supporting the next generation of thinkers and makers, Abigail also serves as Chair of the Board of Trustees of KIPP NYC, a non-profit network of free, open-enrollment public charter schools that prepare students for success in college and life, and as a Trustee of Barnard College.
Abigail received her Bachelor of Arts in English Literature from Indiana University Bloomington and her J.D. from University of California, Hastings College of the Law.
Warren Spector is President and Director of the Spector Family Foundation and Co-Founder of the Spector Craft Prize. Warren is Chairman of Balbec Capital, a private investment firm specializing in alternative credit investments. Prior to founding Balbec, he served as President and Co-Chief Operating Officer of The Bear Stearns Companies.
Warren brings the strategic perspective from his successful business career to his philanthropic leadership. He chairs the St. John's College Board of Visitors and Governors and is Chairman Emeritus of The Public Theater, having led major capital campaigns for both institutions, including St. John's College's "Freeing Minds" campaign, the most successful fundraising effort in the liberal arts college's history. He serves on the board of New York Public Radio and the Jewish Federation of Palm Beach, and is a member of the Council on Foreign Relations.
A Maryland native, Warren earned a Bachelor of Arts from St. John's College in Annapolis and a Master of Business Administration from the University of Chicago.
Abigail and Warren reside in New York City with their daughter, Georgia.