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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