Louis Graveraet Kaufman was an American business executive and businessman. He was named president of First National Bank of Marquette in Marquette, Michigan in 1906. In 1910 he became the president of Chatham National Bank of New York, also remaining president of First National. Under Kaufman, Chatham National soon merged with Phenix National to form the Chatham Phenix National Bank and Trust Company. By the time Kaufman retired in 1932, the bank had increased 50-fold in size. Joining General Motors's board of directors in 1910, Kaufman remained on GM's board for 22 years, and was chairman of their finance committee.

Marquette is the county seat of Marquette County and the largest city in the Upper Peninsula of the U.S. state of Michigan. Located on the shores of Lake Superior, Marquette is a major port, known primarily for shipping iron ore from the Marquette Iron Range. The city is partially surrounded by Marquette Township, but the two are administered autonomously.