10 largest donations from individuals to healthcare organizations in 2014

Here are the top 10 gifts, pledges and bequests from individuals to hospitals or health organizations within the past year.

The Chronicle of Philanthropy maintains a database of recent gifts of $1 million or more made by individuals to charitable institutions. Please note several gifts are of equal value, meaning there are more than 10 listed on this page.

The giving figures are based on donations announced to date by the donors or their beneficiaries. In cases of bequests, most of the figures are estimates because the wills have not been settled.

1. $650 million pledge to Broad Institute (Cambridge, Mass.)
Donor: The Stanley Family Foundation. Ted Stanley is the founder of MBI, a firm based in Connecticut that markets and sells collectibles.
Details: The pledge will fund psychiatric disorder research at Broad Institute, a biomedical and genomic research center that is a partner to the Massachusetts Institute of Technology, Harvard University and Harvard's five teaching hospitals. In 2007, Mr. Stanley gave $175 million to the institute to create the Stanley Center for Psychiatric Research.

2. $125 million pledge to Sanford Health (Sioux Falls, S.D.)
Donor: T. Denny Sanford, chairman of United National Corporation, a holding company. To date, Mr. Sanford has donated more than $735 million to Sanford Health.  
Details: The pledge will create Sanford Imagenetics to help primary care physicians use genetic testing and counseling to treat patients.

3. $120 million pledge to Rady Children's Hospital Foundation (San Diego)
Donor: Ernest Rady, founder and chairman of San Diego-based real estate company American Assets.
Details: The pledge will established the Rady Pediatric Genomics and Systems Medicine Institute.

4. $100 million pledge to Loma Linda (Calif.) University Health
Donor: Dennis and Carol Troesh. Mr. Troesh is founder of Corona, Calif.-based Robertson's Ready Mix, which provides ready-mix concrete.
Details: Loma Linda University Health will use the pledge for its capital campaign to build a new adult medical center, a tower for it's children's hospital and an interdisciplinary research hub.

4. $100 million to Memorial Sloan-Kettering Cancer Center (New York City)
Donor: Henry R. and Marie Josée Kravis. Mr. Kravis is a founding partner of Kohlberg Kravis Roberts & Company, a private equity firm in New York.
Details: The gift will establish the Center for Molecular Oncology, where researchers and clinicians will analyze patients' DNA and tumors to match them with the proper medicines.

4. $100 million pledge to UCSF Benioff Children's Hospital (San Francisco)
Donor: Marc and Lynne Benioff. Mr. Benioff is the founder and CEO of salesforce.com, a Web-based computing company that specializes in customer relationship management.
Details: The pledge, which will accumulate over five years, will strengthen basic and clinical research and patient care. It will also benefit the hospital's affiliate, Children's Hospital and Research Center Oakland.

5. $50 million (estimated) gift to Foundation Fighting Blindness (Columbia, Md.)
Donor: Gordon Gund and his family. Mr. Gund is the CEO of Gund Investment Corporation, a venture capital firm based in Princeton, N.J. He is also chairman and co-founder of the Foundation Fighting Blindness. Mr. Gund lost his vision at the age of 30.
Details: The gift will match gifts — hence its estimate at $50 million — made to the organization to the organization to support research into new methods for treating degenerative diseases of the retina and restoring vision.

5. $50 million pledge to NYU Langone Medical Center (New York City)
Donor: Laura and Isaac Perlmutter. Mr. Perlmutter is chairman and former CEO of Marvel Entertainment.
Details: The $50 million pledge will go toward cancer research and treatment, and the NYU Cancer Institute will be renamed the Laura and Isaac Perlmutter Cancer Center.

5. $50 million pledge to UCSF (San Francisco)
Donor: Gordon and Betty Irene Moore. Mr. Moore is co-founder and chairman emeritus of Intel, the technology company based in Santa Clara, Calif.
Details: The pledge will establish a women's hospital, which will be named after Ms. Moore.

6. $30 million gift to Dana-Farber Cancer Institute/Harvard Medical School (Boston)
Donor: Albert Marcotte, founder and president of management consulting firm Advanced Management Systems, based in Abington, Mass.
Details: The gift will go toward Dana-Farber's capital campaign and will also create the Marcotte Center for Cancer Research.
 
7. $25 million pledge to Centers for Disease Control Foundation (Atlanta)
Donor: Mark Zuckerberg, co-founder and CEO of Facebook.
Details: The pledge went toward containment of the Ebola outbreak in West Africa.

7. $25 million gift to Providence Health and Services (Portland, Ore.)
Donor: Philip and Penelope Knight. Mr. Knight is a co-founder and chairman of Nike.
Details: The gift will go toward a new cardiovascular center at Providence St. Vincent Medical Center in Portland.

7. $25 million gift to Salk Institute for Biological Studies (La Jolla, Calif.)
Donor: Conrad Prebys, president and owner of Progress Construction and Management in San Diego. One of Mr. Prebys' brothers contracted polio as a child.
Details: Mr. Prebys donated the money as the Salk Institute's endowment.

7. $25 million pledge to Saint Barnabas Medical Center (Livingston, N.J.)
Donor: The Leon and Toby Cooperman Family Foundation. Mr. Cooperman is chairman and CEO of hedge fund Omega Advisors and former chairman of Goldman Sachs Asset Management, both in New York.
Details: The pledge will build a new wing at Saint Barnabas.

8. $20 million gift to Stamford (Conn.) Hospital Foundation
Donor: The Steven and Alexandra Cohen Foundation. Mr. Cohen is the founder and CEO of Point72 Asset Management, a family office based in Stamford.
Details: The pledge will create the Cohen Children's Institute for pediatric emergency and trauma care.

8. $20 million pledge to Western Connecticut Health Network (Danbury)
Donor: Peter Buck, co-founder of the Subway sandwich shop chain.
Details: The pledge will support a new patient tower.
 
8. $20 million challenge gift to Methodist Health Foundation (Omaha, Neb.)
Donor: Anonymous
Details: Methodist Health Foundation received a matching gift of $20 million from an anonymous donor for a renovation project.

8. $20 million gift to Fred Hutchinson Cancer Research Center (Seattle)
Donor: The Bezos family. Jeff Bezos is founder and CEO of Amazon.com.
Details: The $20 million gift will go toward immunotherapy research.

9. $19 million bequest to St. Vincent Healthcare (Billings, Mont.)
Donor: Paul Metzger, a farmer and investor, who died in May 2014.  
Details: Mr. Metzger's $19 million bequest is unrestricted.

9. $19 million bequest to Billings (Mont.) Clinic
Donor: Paul Metzger, a farmer and investor, who died in May 2014.  
Details: Mr. Metzger's $19 million bequest is unrestricted.

9. $19 million gift to St. Joseph's Foundation (Phoenix)
Donor: John and Doris Norton. Mr. Norton is chairman and CEO of J.R. Norton Company, an agriculture company based in Phoenix.  
Details: The $19 million will create the John and Doris Norton Thoracic Institute.

10. $15 million gift to Network for Good (Washington, D.C.)
Donor: The Page Family Foundation. Larry Page is the co-founder of Google.
Details: The gift will go toward containment of the Ebola outbreak in West Africa. It will be divided between Doctors Without Borders, International Rescue Committee, Partners in Health and Save the Children.

10. $15 million pledge to Johns Hopkins Medicine (Baltimore)
Donor: The Erwin and Stephanie Greenberg Foundation. Mr. Greenberg is the founder of Greenberg Gibbons, a commercial real estate development company based in Owings Mills, Md.
Details: The pledge will create the Greenberg Bladder Cancer Institute.

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars

>