Thursday, January 1, 2015

These Were The 10 Biggest Gifts To Charity In 2014

Sometimes the 1 percent can come up big.



This year, the top 10 philanthropic gifts to American nonprofits totaled $3.3 billion, according to the Chronicle of Philanthropy. While that figure is still down from pre-recession levels (in 2007, the 10 biggest gifts totaled $4.1 billion), 2014 proved to be a strong year for giving back -- especially compared to the years immediately following the financial crisis.



Here are the top 10 charitable gifts from 2014:



10. Sidney Kimmel Foundation: $110 million




sidney kimmel

The Sidney Kimmel Foundation, run by the founder of Jones Apparel Group, donated $110 million toward Thomas Jefferson University's medical college.









9. Ernest Rady: $120 million






Ernest Rady, a real estate developer, pledged $120 million toward building the Rady Children's Hospital San Diego Genomics Institute.









8. T. Denny Sanford: $125 million




t denny sanford

T. Denny Sanford, chairman of United National Corporation, pledged $125 million toward Sanford Health for genetic testing programs.









7. Diller-von Furstenberg Family Foundation: $130 million




dillervon furstenberg

The Diller-von Furstenberg Family Foundation -- headed by spouses Barry Diller, chairman of IAC/InteractiveCorp, and fashion designer Diane von Furstenberg -- pledged $130 million to Hudson River Park Trust for a new park.









6. Kenneth Griffin: $150 million












Kenneth Griffin, founder and CEO of Citadel, pledged $150 million to the financial aid program at his alma mater, Harvard University.









5. Larry Page: $177.3 million




larry page

Larry Page, co-founder of Google, donated $177.3 million toward the Carl Victor Page Memorial Foundation, which fundraises for a variety of causes, including education, poverty and medicine.









4. Chan Family: $350 million




ronnie chan

The Chan Family and the Morningside Foundation donated $350 million toward the Harvard School of Public Health. Gerald and Ronnie Chan co-founded the Morningside Group -- a private equity and venture capital firm.









3. Nicholas and Jill Woodman: $500 million




nicholas woodman

The couple, founders of the GoPro camera company, donated $500 million to the Silicon Valley Community Foundation, which helps companies in the area give back to philanthropic causes.









2. Ted Stanley: $650 million




broad institute research genetics

Businessman Ted Stanley pledged $650 million to the Broad Institute for research on the genetics of psychiatric disorders.









1. Ralph Wilson, Jr.: $1 billion (est. bequest)




ralph wilson jr

The late Ralph Wilson, Jr., founder of the NFL's Buffalo Bills, left an estimated $1 billion to the Ralph C. Wilson Jr. Foundation.









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