We regret to inform you that Clair M. Raubenstine passed away on January 8, 2024, at the age of 82. Clair was a dedicated family member as well as contributor to the professional and philanthropic communities he served. Born on July 18, 1941, in Hanover, PA, he was the son of the late Ralph E. and Minnie A. (nee Hilbert) Raubenstine.
He was married to Jeanne L. (nee Beaudoin) Raubenstine for 58 years.
Clair is survived by his three children: Stephen Raubenstine of Huntingdon Valley, PA, and his children Payton and Patrick; Linda (nee Raubenstine) Kennedy and her husband Christian of Towamencin, PA, and their children Nicholas and Alexa; and Amanda Raubenstine of Higganum, CT, and her children Emma and Thomas. He is also survived by his brother Richard and numerous nieces and nephews. He was preceded in death by brother Donald and sisters Vivian Swam and Martha Stine.
Clair graduated cum laude from Rider College in 1963 with a degree in accounting. He received awards from the Pennsylvania and the American Institutes of Certified Public Accountants (PICPA and AICPA) for achieving one of the highest grades in the country on the May 1966 Certified Public Accountant (CPA) examination.
Clair began his professional career with Lybrand, Ross Bros. & Montgomery in the Philadelphia office,which, through mergers, became Coopers & Lybrand and finally PricewaterhouseCoopers. He was admitted to the partnership in 1975 and retired from PricewaterhouseCoopers (PwC) in 2002.
At PwC, Clair worked with multinational companies across various industries. He served as a National Independence Consulting Partner from 1998 to 2002, overseeing the Firm’s CPA Licensure Compliance Group. He also held roles as a National SEC Consulting Partner, Pennsylvania Cluster Accounting and Auditing Consultant, and Director of Accounting, Auditing, and SEC for PwC’s Atlantic Region.
Post-retirement, Clair was the Executive VP and CFO of PHH Corporation. He held CPA licenses in Pennsylvania, New York, and New Jersey, and was a Certified Management Accountant (CMA) and Certified Financial Manager (CFM). Accounting Today recognized him as one of the 100 most influential people in accounting in 1996.
In 1997, he received the Rider University Life Achievement Award and has been an honorary member of the Kappa Epsilon Chapter of Beta Alpha Psi at Rider University since 1992.
Clair was a certified Board Leadership Fellow and member of the National Association of Corporate Directors (NACD). He has been an active member of the Institute of Management Accountants (IMA), and the AICPA and PICPA, serving in various leadership roles, including Global Chairman of the IMA from 1996-1997.
Clair, an active community member, joined the Bucks County Economic Development Corporation (BCEDC) in 1975, serving in various roles including President and Treasurer. He served for 14 years on the Pennypack Ecological Restoration Trust Board, committed to protecting the Pennypack Creek Valley. As an education advocate, he was a Trustee of Arcadia University, contributing to several committees. Clair was on the Board of Directors of Stonebridge Financial Corporation and Stonebridge Bank, and previously chaired the Warminster Municipal Authority. He served six years in the US Army Reserves with the 304th Civil Affairs Unit.
Passionate about community service, especially through his Catholic faith, Clair was vested as a Knight in the Equestrian Order of the Holy Sepulchre of Jerusalem in 2009 and the Order of Malta in 2013. He served on the Special Gifts Committee of the Catholic Charities Appeal of the Archdiocese of Philadelphia for over 20 years.
Clair greatly valued his time in Philadelphia, New York City, and Jersey City, fully immersing himself in all the experiences these cities offered. As a dedicated Philadelphia Flyers season ticket holder for 35 years, he celebrated their Stanley Cup victory in 1974 with Jeanne.
He enjoyed creating cherished memories with his family by taking them to sporting events, restaurants, and cultural sites. In addition, he valued his time at the Huntingdon Valley Country Club, where he enjoyed the company of loved ones and colleagues.
He generously supported numerous cultural institutions, showing a particular fondness for the Franklin Institute and the Philadelphia Zoo. He enjoyed outdoor activities like hiking, gardening, and camping trips to Canada and New England.
Throughout his life, Clair traveled extensively, often accompanied by Jeanne. Despite the challenges of Parkinson’s disease he was honored to make a final pilgrimage to Lourdes with the Order of Malta.
Relatives and friends are invited to Clair’s Funeral Mass at 11 am on Friday, January 12, 2024, at Corpus Christi Church, 900 Sumneytown Pike, Lansdale, PA, where the family will receive friends from 10:00 – 10:45 am prior to Mass. Interment will be private. LIVE STREAM LINK
In lieu of flowers, donations in his memory may be made to Catholic Social Services
Philadelphia or the Parkinson’s Foundation.
To the beloved family l will always treasure our time together. And remember Clair s smile and willing heart to be involved in our activities. Ever baking. This life is like a blade of grass scriptures tell us . Here today gone tomorrow. And we believers in Christ grief not without hope of seeing our loved one again. And our hearts broken turn and cry out to our Heavenly Father for he cares for us. Love in Christ Pam Travor
I had the pleasure to meet Clair and Jeanne through ministries at Corpus Christ Parish. He was so modest that I never knew about his professional achievements, or work with the Archdiocese. However, I most admire his greatest accomplishment: 58 years of marriage.
AS A FRIEND AND COLLEAGUE YOU WILL BE MISSED. JACK VACCARO
A great person has left us. I greatly enjoyed the company of Jan and Clair the many years we were involved in IMA together. He was very intelligent and accomplished but also just a great friend and fun person to be around. We had a lot of happy memories together. He definitely had a life well lived.
You will be missed, I enjoy the times we had thru the years!
God Speed!