Leonard Klorfine

Leonard Klorfine graduated from Temple University with a B.S. Ed. in Economics before attending the University of Pennsylvania and Temple University Graduate School. Mr. Klorfine worked as a secondary school teacher for five years in Philadelphia before becoming a stockbroker for Merrill Lynch for another five years. While a broker, he co-founded a company then known as Ultronic Systems Corporation, which developed the first electronic stock ticker and retrieval system and the first electronic display ticker system. The company eventually went public and was later bought by General Telephone and Electronics Corporation.

He then started his own real estate investment business and was managing partner of Ridley Management Group, owning and managing apartments, shopping centers, and office buildings in eastern Pennsylvania and Southern New Jersey, Atlanta, Ga. and Southeast Florida. After 36 years, he sold the portfolio to Home Properties Real Estate Trust and other investors. Mr. Klorfine is the past president of the Delaware County Apartment Owners Association; he has served on the boards of the Main Line Arts Center and Woodmere Art Museum (Philadelphia area); and the boards of Pilchuck School, Pratt Fine Arts Center, Artist Trust and Museum of Glass (all in the Seattle area). In addition to the Eye Institute Community Action Board, he serves on the South Florida PBS Board, and the advisory board of Scripps Research Institute of Jupiter, FL, funding research in various autoimmune diseases and many initiatives in medical and pharmacological research.

Mr. Klorfine is the managing trustee of the Klorfine Family Foundation, formed in 1994. The foundation currently has assets in excess of $50 million; it disburses more than $2.5 million annually to various institutions involved in medical research, culture, education and arts.