June 20, 2017
6 largest gifts from individuals to healthcare organizations in 2017
Searle Funds pledge to the CBC takes third place nationwide
According to the Becker’s Healthcare Report, Searle Funds gift to the CBC placed #3 among gifts and pledges from individuals to hospitals or healthcare organizations to date in 2017.
Becker’s Healthcare Report lists the top six gifts and pledges from individuals to hospitals or healthcare organizations to date in 2017.
The Chronicle of Philanthropy maintains a database of gifts of $1 million or more made by individuals to various charitable institutions.
This particular list includes gifts under “health” and “medical research” by The Chronicle of Philanthropy. Please note that many of the gifts are of equal value, meaning more than six are listed.
Two $21 million gifts share the 3rd place:
- $21 million to Chicago Biomedical Consortium
Donor: Searle Funds (Searle family). The family sold their pharmaceutical company, G.D. Searle & Company, to Monsanto in 1985.
Details: The pledge will support joint medical research at Evanston, Ill.-based Northwestern University, University of Illinois at Chicago and University of Chicago. - $21 million to University of Pennsylvania, Basser Research Center for BRCA (Philadelphia)
Donor: Jon and Mindy Gray. Mr. Gray oversees real estate at Blackstone, a global investment firm.
Details: The donation will advance research, clinical trials and educational outreach for patients with hereditary cancers.
Sources:
▸ 6 largest gifts from individuals to healthcare organizations in 2017, by Alia Paavola, June 13, 2017
▸ Big Charitable Gifts: Where Donors Have Given $1 Million Or More