Alex Cranberg is the Chairman of Aspect Holdings, LLC. He served on The University of Texas System Board of Regents. He has been active in education philanthropy, governance, and policy advocacy. He founded the Alliance for Choice in Education, which has provided over $100 million in scholarship support for children from low-income families to attend private K-12 schools. He also created and funded the Horace Mann Scholarship Challenge, whereby he committed to fund the college education of the 600 attendees of the public inner city Horace Mann Middle Schools.