Education
Saunders graduated from the Virginia Military Institute, with a Bachelor of Surgery in electrical engineering, and from the University of Virginia with an Master of Business Administration in 1967.
Saunders graduated from the Virginia Military Institute, with a Bachelor of Surgery in electrical engineering, and from the University of Virginia with an Master of Business Administration in 1967.
Saunders was a Managing Director of Morgan Stanley from 1974 to August 1989. He was involved with the Conrail private offering. He was a Dollar Tree director since 1993.
Philanthropy
Saunders has given the University of Virginia some $17 million over the past twenty-five years.
He is chairman of the Thomas Jefferson Foundation"s Board of Trustees. A bridge has been named for him.
He also serves as the Chairman of the Board of Trustees of the Heritage Foundation. They chaired the 1995 Dinner on the Lawn at UVA, to kick off a billion-dollar capital campaign.
In 2007 the Saunders hosted the annual gala for the New-York Historical Society at the Cathedral of Saint John the Divine.
Personal life
They lived in New York City for many years, but now reside in Palm Beach, Florida.