William Lee Olds Jr., a fourth generation San Franciscan who was a long-time resident of San Francisco died peacefully, July 25, 2018 at the age of 77. William attended Williston Academy before graduating from University of San Francisco.
He is survived by his three children, William Lee Olds III, Helene Hanneken, and Michelle Sauger as well as his son in-law James Sauger, eight grandchildren and his sister Jane Olds Bogart.
He was the President of the William G. Irwin Charity Foundation, a founding Board member of University High School, long time Board member of the San Francisco Humane Society and sat on numerous other non-profit boards. William was also a member of The Olympic Club for 58 years and The Bohemian Club for 48 years, where he was very active in their productions.
He was old school, regal, and selfless in his generosity; never expecting anything in return. William literally lived by the phrase “belt and suspenders,” which is commonly used in finance to describe cautious bankers, or for having redundant safety procedures in place to eliminate risk.
He was prepared, systematic and preserving of the resources he was a steward of, while also known to sport a belt and suspenders in his day to day. He was a voracious reader and a world traveler. He loved to travel on boats and had a passion for the Antarctic after his visit there. He was a true gentleman and will be sorely missed.