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	<title>Faces of Philanthropy &#187; Private Equity and Finance</title>
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	<description>The Power of Philanthropy</description>
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		<title>John Templeton Philanthropy</title>
		<link>http://www.facesofphilanthropy.com/john-templeton-philanthropy/</link>
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		<pubDate>Fri, 20 Aug 2010 19:49:17 +0000</pubDate>
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		<description><![CDATA[British stock investor Sir John Templeton was one of the world’s well known philanthropists.


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<li><a href='http://www.facesofphilanthropy.com/john-wold/' rel='bookmark' title='Permanent Link: John S. Wold Philanthropy'>John S. Wold Philanthropy</a> <small>is the first geologist to serve in Congress and also...</small></li>
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			<content:encoded><![CDATA[<p>British stock investor <a href="http://www.portfolio.com/executives/features/2007/12/17/Top-50-Charitable-Foundations">Sir John Templeton</a> was one of the world’s well known philanthropists. He was born on the 29th of November 1912. As an investor and mutual fund pioneer, Sir John Templeton established the Templeton Growth Ltd in 1954. His investment fund was one of the first companies to invest in Japan sometime along the mid-1960s. Aside from pioneering mutual funds, Sir John Templeton was also known for acquiring 100 shares of each company for about $1 and managed to grow his earnings in four years. </p>
<p>As a philanthropist, <a href="Sir John Templeton gave his support to various causes and established more than a few foundations. He created the John Templeton Foundation; the Templeton Library in Sewanee, Tennessee; the Templeton Prize for Progress Toward Research or Discoveries about Spiritual Realities; and more. </p>
<p>The <a href="http://www.templeton.org/">John Templeton Foundation</a> is dedicated to helping explore the core of spirituality and science. So far, the foundation has donated more than $3.6 million to the International Society for Science and Religion, a group that promotes and encourages the development of the dialogue between religion and science. Aside from this, the foundation also donated about $2 million to another similar organization, the Spiritual Enterprise Institute.</p>
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		<title>Thomas Boone Pickens Jr. Philanthropy</title>
		<link>http://www.facesofphilanthropy.com/thomas-boone-pickens-jr-philanthropy/</link>
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		<pubDate>Mon, 19 Jul 2010 16:49:59 +0000</pubDate>
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		<description><![CDATA[Thomas Boone Pickens serves as the chairman of the BP Capital Management hedge fund.


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			<content:encoded><![CDATA[<p><a href="http://en.wikipedia.org/wiki/T._Boone_Pickens">Thomas Boone Pickens</a> serves as the chairman of the BP Capital Management hedge fund. In addition to his business career, Thomas Pickens is also known as a big football fan. As a result of this love for the sport, he donated around $160 million to the Oklahoma State University’s athletics department. </p>
<p>Aside from football, Thomas Pickens also donated to several other causes. For several years now, Thomas Boone Pickens has been financing Oklahoma State University’s Stillwater campus. In addition to this, he offered about $100 million to support the academics department of OSU. </p>
<p>Thomas Pickens also made hefty donations to the Texas Scottish Rite Hospital for Children, as well as to the American Red Cross. He currently volunteers for the Meals on Wheels and has made around $700 million worth of donations for charity. </p>
<p><a href="http://www.businesspundit.com/25-billionaires-and-millionaires-that-became-philanthropists/">Thomas Boone Pickens</a> was born on the 22nd of May 1928. This American financier is best known as T.Boone Pickens. Serving as the takeover operator and corporate raider of the hedge fund since the 1980s, Thomas Pickens has earned for himself an estimated net worth of $3 billion. He ranks as one of Forbes magazine’s richest men in the world. </p>
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		<title>Prince Al-Waleed bin Talal Philanthropy</title>
		<link>http://www.facesofphilanthropy.com/prince-al-waleed-bin-talal-philanthropy/</link>
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		<pubDate>Tue, 29 Jun 2010 17:03:44 +0000</pubDate>
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		<description><![CDATA[Prince Al-Walid bin Talal bin Abdul Aziz Al-Sa’ud, an internationally prominent investor from Saudi Arabia, is currently listed as one of the wealthiest men worldwide.


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			<content:encoded><![CDATA[<p><a href="http://en.wikipedia.org/wiki/Al-Waleed_bin_Talal">Prince Al-Walid bin Talal bin Abdul Aziz Al-Sa’ud</a>, an internationally prominent investor from Saudi Arabia, is currently listed as one of the wealthiest men worldwide. In Forbes magazine’s March 2010 listing, his financial net worth is estimated to be a little over $19 billion. </p>
<p>However, aside from his wealth, <a href="http://encyclopedia.jrank.org/articles/pages/5512/Al-Sa-ud-Al-Walid-Bin-Talal-1955.html">Prince Al Walid</a> is also known for his involvement in various charitable initiatives. The Prince supports mainly educational causes that aim to promote a stronger relationship between Western and Islamic communities. Over the past few years, Prince Al Walid donated hefty amounts to various centers for American studies. He also funded several researches in a number of Middle Eastern universities, as well as Islamic studies in various western universities.</p>
<p>In 2005, Prince Al Walid made a generous donation of about $17 million to the victims of the Indian Ocean earthquake. In addition, Prince Al Walid bin Talal also bestowed Harvard University with $20 million. This is one of the 25 largest amounts ever received by the university.  </p>
<p>Prince Al Walid bin Talal was born on the 7th of March 1955 in Riyadh, Saudi Arabia. He is a graduate of the Menlo College in California, where he obtained his degree in BS in Business Administration. Additionally, Prince Al Walid bin Talal also a holds an MA in Social Science from the Syracuse University.</p>
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		<title>Michael Milken Philanthropy</title>
		<link>http://www.facesofphilanthropy.com/michael-milken-philanthropy/</link>
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		<pubDate>Wed, 02 Jun 2010 18:07:59 +0000</pubDate>
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		<description><![CDATA[As he battled cancer, Michael Milken realized that he had more to offer by serving other people than by just doing business. 


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			<content:encoded><![CDATA[<p>Born on the 4th of July in 1946 in Encino, California, <a href="http://www.woopidoo.com/biography/michael-milken/index.htm">Michael Robert Milken</a> is a famous investor who made millions in his financial dealings. He is currently focused on active philanthropic efforts through his established charity organization. </p>
<p>As he battled cancer, Michael Milken realized that he had more to offer by serving other people than by just doing business. As a result, he formed the <a href="http://www.mff.org/">Milken Family Foundation</a>. A business mogul as well as a philanthropist, Milken also spent his personal wealth in fighting his disease.</p>
<p>Although known for his conglomerate takeover deals, Michael Milken also spends his time and money in support of charities. Although he started doing humanitarian endeavors early in his career, it was not until the mid-90s that he was greatly acknowledged for his work. </p>
<p>In 1995, he donated $5 million to a Jewish secondary academic institution. When he found out about his advanced prostate cancer at 46, despite it going into remission, he wanted to change his life and to make others aware of such a disease. Later on, he developed an organization that helped raise money for research in cancer.</p>
<p>Apart from dedicating much of his life to the foundation, he also wrote a cookbook about healthy living in partnership with Beth Ginsberg.</p>
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		<title>Sam Zell Philanthropy</title>
		<link>http://www.facesofphilanthropy.com/sam-zell-philanthropy/</link>
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		<pubDate>Wed, 19 May 2010 18:08:36 +0000</pubDate>
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		<description><![CDATA[Considered as one of the wealthiest people in America for owning the (Los Angeles and Chicago) Tribune Corporation, Sam Zell is real estate entrepreneur born in Chicago, Illinois in September 1941. He has a net worth of $6 billion as of 2008. He is also the private investment firm Equity Group Investments’ founding partner and [...]


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			<content:encoded><![CDATA[<p>Considered as one of the wealthiest people in America for owning the (Los Angeles and Chicago) Tribune Corporation, <a href="http://www.woopidoo.com/biography/sam-zell/index.htm">Sam Zell</a> is real estate entrepreneur born in Chicago, Illinois in September 1941. He has a net worth of $6 billion as of 2008. He is also the private investment firm <a href="http://www.equityinternational.com/">Equity Group Investments’ founding partner and chairman</a>. The Poland born businessman studied at the University of Michigan and graduated with a Bachelor of Arts degree in 1963. </p>
<p>Apart from his efforts in real estate and other businesses, Sam Zell actively promotes education through philanthropic ventures. In fact, he helped raise funds for the Sam Zell and Robert Lurie Real Estate Center and the Real Estate Department at the University of Pennsylvania. He also assisted in the establishment of the <a href="http://www.zli.bus.umich.edu/meet_zell_lurie/founders_sponsors.asp">Zell-Lurie Institute at the University of Michigan</a>, to which he has likewise contributed donations. He additionally funded the Zell Center for Risk Research at the Kellogg School of Management in Northwestern University.</p>
<p>Sam Zell’s involvement in education does not stop with endowments, though, as he acts as a member of the University of Michigan’s President’s Advisory Board. At the same time, he is one of the members of the Visitor’s Committee at University of Michigan’s School of Law.</p>
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		<title>David G. Booth Philanthropy</title>
		<link>http://www.facesofphilanthropy.com/david-g-booth/</link>
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		<pubDate>Wed, 21 Apr 2010 21:53:16 +0000</pubDate>
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		<description><![CDATA[Ranked sixth highest in The Chronicle of Philanthropy’s exclusive roster, The Philanthropy 50: Americans Who Gave the Most in 2008; David G. Booth made one of the largest endowments to an American university in history. 


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			<content:encoded><![CDATA[<p>Ranked sixth highest in The Chronicle of Philanthropy’s exclusive roster, The Philanthropy 50: Americans Who Gave the Most in 2008; <a href="http://philanthropy.com/topdonors/gifts.php?view=topdonor&#038;year=2008&#038;donor=PGDON5420">David G. Booth made one of the largest endowments to an American university</a> in history. Together with his wife Suzanne Deal, he continues to stay true to his commitment to give back to the community that has made a significant impact in his young life. </p>
<p>The 62-year old <a href="http://investing.businessweek.com/businessweek/research/stocks/people/person.asp?personId=34177546&#038;ticker=BARC:LN&#038;previousCapId=9964456&#038;previousTitle=KPMG%20Corporate%20Finance%20United%20Kingdom">David Booth</a> co-founded the Santa Monica, California-based international finance firm, Dimensional Fund Advisors. Today, the company oversees 300 diverse accounts and funds that are valued at about $120 billion in assets. Dimensional applies Booth’s directive of “passive investing,” which has served him well in amassing his own fortune.</p>
<p>Aside from Dimensional Fund Advisors, <a href="http://online.wsj.com/article/SB122601317069606639.html?mod=rss_whats_news_us">David Booth</a> divides his time functioning as a non-executive director and member of the Risk Committee of Barclays Bank PLC ever since 2007. Prior to establishing his own firm, he served as the managing director of the Global Operations and Technology Division for investment company Morgan Stanley &#038; Co.</p>
<p>Currently, David Booth is a trustee of the University of Chicago Business School, of which he is a Master’s in Business Administration 1971 alumnus. He acknowledges the guidance of several key professors in shaping his own financial philosophy when it comes to efficient market theories. Of those that David Booth feels gratitude for his “intellectual epiphany” and sharpening his business acumen are Frank Reilly, Merton Miller, and the mentor he has considered the greatest force of influence, Eugene Fama.</p>
<p>In 2008, together with his wife, the normally fame-reserved David Booth, pledged a $300 million commitment to the University of Chicago’s Business School. The payment, spread over a period of years, will be partly in cash and in the form of a considerable share of stock in the finance firm’s parent company, Dimensional Holdings. In honor of one of its most prominent alumni, the school decided to change its name to The University of Chicago Booth School of Business. </p>
<p>Although the amount has not yet been broken down into specific programs and projects, the fund’s general purpose is to further the school publications and research centers, as well as the faculty’s professional development that includes securing the employment of and retaining the best professors in the academe. There is also the opportunity to use part of the amount to expand its reputation as a regional player through its international campuses already in London and Singapore.</p>
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<li><a href='http://www.facesofphilanthropy.com/sam-zell-philanthropy/' rel='bookmark' title='Permanent Link: Sam Zell Philanthropy'>Sam Zell Philanthropy</a> <small>Considered as one of the wealthiest people in America for...</small></li>
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		<title>Alex Von Furstenberg Philanthropy</title>
		<link>http://www.facesofphilanthropy.com/alex-von-furstenberg/</link>
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		<pubDate>Fri, 12 Mar 2010 19:21:06 +0000</pubDate>
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		<description><![CDATA[Private equity financier and philanthropist Alex von Furstenberg is the son of fashion designer Diane von Furstenberg (creator of the iconic wrap dress) and Prince Egon of Furstenberg, a Swiss nobleman who is also a fashion designer. A skilled financier, Alex von Furstenberg led the restructuring of Diane von Furstenberg Studio, LP, elevating the company’s [...]


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<li><a href='http://www.facesofphilanthropy.com/jimmy-carter/' rel='bookmark' title='Permanent Link: Jimmy Carter Philanthropy'>Jimmy Carter Philanthropy</a> <small>has been a persistent advocate of human rights and social...</small></li>
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			<content:encoded><![CDATA[<p>Private equity financier and philanthropist <a href="http://www.linkedin.com/in/alexvonfurstenberg">Alex von Furstenberg</a> is the son of fashion designer Diane von Furstenberg (creator of the iconic wrap dress) and Prince Egon of Furstenberg, a Swiss nobleman who is also a fashion designer. A skilled financier, Alex von Furstenberg led the restructuring of <a href="http://inside.dvf.com/">Diane von Furstenberg Studio</a>, LP, elevating the company’s annual revenues from $1 million to more than $200 million. Alex von Furstenberg remains a Partner and Director with Diane von Furstenberg Studio, LP.  <a href="http://arrowcapmgmt.com/team/alex-von-furstenberg/">Alex von Furstenberg</a> is also a Co-Managing Member and Chief Investment Officer of <a href="http://arrowcapmgmt.com/team/alex-von-furstenberg/">Arrow Capital Management, LLC</a>. </p>
<p>As director and secretary of the Diller – von Furstenberg Family Foundation, <a href="http://www.alexvonfurstenberg.org/news/tag/alex-von-furstenberg/">Alex von Furstenberg oversees his family’s support of a wide range of charities and worthy causes</a>. The Diller – Von Furstenberg Family Foundation works with a wide range of charitable and nonprofit projects and initiatives in education, community development, environmental protection, disease research, arts and humanities promotion, and human rights advocacy. </p>
<p>The Diller – von Furstenberg Family Foundation supports the following nonprofits, among many others:<br />
Big Brothers / Big Sisters of America<br />
Central Park Conservancy<br />
Comfort Zone Camp<br />
Motion Picture &#038; Television Fund (Social Workers)<br />
NYC Police Foundation<br />
Andre Sobel River of Life Foundation<br />
Citymeals-on-Wheels<br />
Heart of Los Angeles Youth<br />
Mayor’s Fund to Advance New York City<br />
Anti-Defamation League of Bnai Brith<br />
Human Rights Campaign<br />
Human Rights Watch<br />
International Women’s Media Foundation<br />
International Rescue Committee<br />
Oxfam America</p>
<p>Recently, <a href="http://www.thedailytell.com/2010/01/alex-von-furstenberg-philanthropy-group-donates-50000-to-youth-orchestra-2/">Alex Von Furstenberg announced the foundation’s support of the Watt/Willowbrook Boys and Girls Club’s orchestra</a> with a $50,000 grant. This generous donation was a follow-up to Alex Von Furstenberg’s announcement that the <a href="http://www.thedailytell.com/2009/11/alex-von-furstenberg-donates-50000-to-los-angeles-mission-and-anne-douglas-center-for-women/">Foundation granted $50,000 to the Los Angeles Mission and Anne Douglas Center for Women</a>. This donation directly helped Los Angeles most vulnerable citizens get the help they need. In addition, <a href="http://www.healthebay.org/news/2009/09_10_BRC-vonFurstenberg/default.asp">Alex von Furstenberg</a> serves on the board of the National Advisory Council of AIDS Community Research Initiative of America. Alex Von Furstenberg is also committed to cleaning up the polluted Malibu Bay with his involvement with <a href="http://www.alexvonfurstenberg.org/news/tag/beach-report-card/">Heal the Bay</a>. </p>
<p><a href="http://www.i-newswire.com/the-whitney-to-honor-alex-von-furstenberg/33617">Alex Von Furstenberg and the Diller &#8211; von Furstenberg Foundation</a> was also honored by the Whitney Museum for &#8220;sustained commitment to the artistic and cultural heritage of the arts in America.&#8221; <a href="http://www.style.com/peopleparties/parties/scoop/newyork-050710_Whitney_Party/">Alex Von Fursterberg</a> also accepted accepted an award from the <a href="http://www.whitney.org/">Whitney Museum of Modern Art in New York City</a> on behalf of the Diller—von Furstenberg Family Foundation, who helped the museum get a foothold in its neighborhood. </p>
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		<title>Henry Kravis Philanthropy</title>
		<link>http://www.facesofphilanthropy.com/henry-kravis/</link>
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		<pubDate>Wed, 03 Mar 2010 19:20:55 +0000</pubDate>
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		<description><![CDATA[Apart from dealing in corporate mergers and takeovers, private equity mogul Henry Kravis, co-founder of Kohlberg Kravis Roberts, also takes time to do his share of social responsibility.


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			<content:encoded><![CDATA[<p>Apart from dealing in corporate mergers and takeovers, private equity mogul <a href="http://www.streetstories.com/hk_art_bw.html">Henry Kravis</a>, co-founder of Kohlberg Kravis Roberts, also takes time to do his share of social responsibility. Most of his charitable endeavors are focused on education, medical and health services, and social and community development.</p>
<p>Henry Kravis provides the funds of the <a href="http://www.claremontmckenna.edu/kli/">Henry Kravis Leadership Institute</a>, an organization that sponsors the programs and training for future leaders of Claremont McKenna College, Kravis’s alma mater. Kravis also donated large amount of money for the construction of several facilities in the following academic institutions:</p>
<p>• Eaglebrook School<br />
• Deerfield Academy<br />
• The Loomis Chaffee School</p>
<p><a href="http://www.thedailytell.com/2010/01/henry-kravis-prize-in-leadership-awarded-to-pratham/">Henry Kravis</a> established the Henry Kravis Prize for Leadership, which recognizes innovation and leadership in nonprofits. Claremont McKenna College awards this prize every year. Past recipients have included Pratham, <a href="http://www.cmc.edu/kravisprize/awardee_yacoobi.html">Dr. Sakena Yacoobi</a> of the Afghan Institute of Learning, and <a href="http://www.cmc.edu/kravisprize/awardee_fawe.html">Forum For African Women Educationalists (FAWE)</a>. The winner of the Henry Kravis Prize receives $250,000 for the nonprofit organization&#8217;s operations. </p>
<p>His other educational pursuits also include the Henry Kravis Internships for Teachers of Color. Last April, he awarded $250,000 to the Forum for African Women Educationalists. The Kenya-based organization strives to promote education to African girls and women located in 33 different countries in Africa.</p>
<p>In the field of medicine, <a href="http://www.cfr.org/bios/12579/henry_r_kravis.html">Henry Kravis</a> has contributed significant amounts to the Mount Sinai Medical Center in New York, where he sits as a member of the board. In 1988, <a href="http://www.achievement.org/autodoc/page/kra0pro-1">Henry Kravis</a> gave $10 million to the hospital for the creation of a women’s and children’s center meant to provide social, psychological and medical services. Years later, he donated $15 million to the same medical institution for the benefit of Mt. Sinai’s cardiovascular center.</p>
<p>Henry Kravis also has his attention on New York’s poor. With the New York City Investment Fund, a non-profitable organization he founded and comprised of various executives from different industries, Henry Kravis strives to <a href="http://www.nysun.com/out-and-about/kravis-prize-recognizes-african-educators/74619/">create employment and business opportunities for members of New York’s African-American communities</a>.</p>
<p>Henry Kravis’ wife <a href="http://www.career-bios.com/business/marie-josee-kravis/">Marie Josee Kravis</a> is also involved in charitable pursuits. On May 2008, Mr. and Mrs. Kravis participated in a fundraiser that raked in $56 million for the benefit of the <a href="http://www.robinhood.org">Robin Hood Foundation</a>, an organization where Marie Kravis is a board member. <a href="http://www.nytimes.com/2010/03/20/your-money/20wealth.html">Henry Kravis and Marie Kravis</a> were recently featured in a New York Times article highlighting the future of philanthropy. </p>
<p><a href="http://cityfile.com/profiles/henry-kravis">Henry and Marie Josee Kravis</a> are both patrons of the arts. Henry currently sits as board member of the Metropolitan Museum of Art and the New York City Ballet, while his wife is the museum’s president.</p>
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		<title>Roni Lynn Deutch Philanthropy</title>
		<link>http://www.facesofphilanthropy.com/roni-lynn-deutch/</link>
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		<pubDate>Wed, 17 Feb 2010 20:55:20 +0000</pubDate>
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		<description><![CDATA[Roni Lynn Deutch, founder of Roni Deutch, A Professional Tax Corporation, is the country’s most famous tax attorney.


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			<content:encoded><![CDATA[<p><a href="http://www.myspace.com/ronideutch">Roni Lynn Deutch</a>, founder of Roni Deutch, A Professional Tax Corporation, is the country’s most famous tax attorney. With her national franchise, television commercials, and bestselling book <a href="http://www.amazon.com/Ladys-Guide-Beating-Saving-Bucks/dp/1933771771"><em>The Tax Lady’s Guide to Beating the IRS</em></a>, Roni Lynn Deutch is the first authority on saving money on taxes.</p>
<p>First starting up her business out of her Sacramento condominium, <a href="http://www.womenentrepreneur.com/columnist/752.html">Roni Lynn Deutch</a> eventually developed her business into a multi-million enterprise assisting thousands of taxpayers. Roni Deutch, A Professional Tax Corporation specializes in settling tax liabilities and offering tax debt relief through <a href="http://www.irs.gov/businesses/small/article/0,,id=104593,00.html">Offers in Compromise</a>, Installment Agreements, and Currently Not Collectible. Roni Lynn Deutch’s effectiveness comes from having a good rapport with the Internal Revenue Service, who knows her team will seek out the fairest settlement for all involved parties. <a href="http://www.rdtc.com/">Roni Lynn Deutch</a> also keeps a daily blog that covers a multitude of fiscal issues, and is a must-go-to destination for anyone seeking personal financial advice. </p>
<p>But there’s more to <a href="http://www.avvo.com/attorneys/95660-ca-roni-deutch-244870.html">Roni Lynn Deutch</a> than being the country’s knight in shining armor against the IRS. She is an <a href="http://ronideutch.blogspot.com/2008/04/top-50-charitable-americans.html">active philanthropist</a> who has focused on several causes, particularly those assisting children. <a href="http://www.thedailytell.com/2010/01/roni-lynn-deutch-tax-franchises-support-prevent-child-abuse-america-this-tax-season/">Roni Lynn Deutch</a> is an active supporter of the <a href="http://www.preventchildabuse.org/index.shtml">Prevent Child Abuse America (PCA)</a>, which helps supports awareness of child abuse and neglect. Children rescued from abusive or neglectful homes by the <a href="www.crhkids.org/">Children’s Receiving House of Sacramento</a> also look forward to Roni Lynn Deutch’s annual holiday parties. Every Halloween, <a href="http://interact.stltoday.com/pr/business/PR02101010173449">Roni Lynn Deutch</a> and her team dress up in costumes and give out candies to children who would otherwise have nowhere else to celebrate this holiday. <a href="http://www.thedailytell.com/2009/08/ronnie_lynn_deutch_creates_helps_homeless/">Roni Lynn Deutch</a> has also given back to the Sacramento community by supporting the Martin Luther King Village, which provides affordable housing to homeless citizens. </p>
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		<title>Harold Simmons Philanthropy</title>
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		<pubDate>Wed, 10 Feb 2010 22:20:59 +0000</pubDate>
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		<description><![CDATA[Born in Texas to educators Reuben Leon and Fairess in 1931, Harold Clark Simmons was the middle child in an all boys brood of three.


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			<content:encoded><![CDATA[<p>Born in Texas to educators Reuben Leon and Fairess in 1931, <a href="http://www.portfolio.com/executives/features/2008/10/15/Wealth-and-Charity-Index?page=2">Harold Clark Simmons</a> was the middle child in an all boys brood of three. After graduating from the University of Texas at Austin with a bachelor’s degree in economics (1951), he attended the same university for his MS Economics degree (1952).</p>
<p>His career began when he worked as an employee for a U.S. government agency prior to working at a bank based in Dallas. Reconsidering his options and plans, he made a personal shift from employee to entrepreneur. Though barely making ends meet and borrowing money, he made his first investment in the form of buying a small drugstore. A decade of hard work and smart moves on the part of <a href="http://cache.zoominfo.com/cachedpage/CachedPageMain.aspx?archive_id=0&#038;page_id=959603324&#038;page_url=%2f%2fwww.andrewscountynews.com%2fnews%2fget-news.asp%3fid%3d2752%26catid%3d1%26cpg%3dget-news.asp&#038;page_last_updated=1%2f5%2f2005+10%3a56%3a57+PM&#038;firstName=Harold&#038;lastName=Simmons">Harold Simmons saw the venture grow into a drugstore chain across Texas</a> that has reached a value of over $50 million. </p>
<p>Deciding to try his hand at becoming a financier, he sold his entire first business in 1973 to Eckerd Corporation. A success at this field as well, he currently manages five NYSE-listed corporations. <a href="http://people.forbes.com/profile/harold-c-simmons/47913">Harold Simmons</a> is the chairman of several prominent directorship boards such as Titanium Metals Corporation (since 2005), specialty chemicals business Kronos Worldwide Incorporated (2003), NL Industries Incorporated (1987) and synthetics company Valhi Incorporated (1961). Listed as the 214th individual on Forbes World’s Richest People in 2007, he rose through the ranks to become the 146th in 2009. </p>
<p>Among his many awards are the 2002 Angel of Freedom Award by Human Rights Initiative, Charles Cameron Sprague Community Service Award, and the Annette G. Strauss Humanitarian Award. </p>
<p>Together with his wife Annette, and through the Harold Simmons Foundation (1988), he became a major benefactor for several diverse groups: </p>
<p>• Dallas Center for the Performing Arts<br />
• Uplift Education<br />
• Dallas Achieves<br />
• YWCA<br />
• Parkland Memorial Hospital<br />
• Text Protects<br />
• Crystal Charity Ball<br />
• Dallas County Dental Society<br />
• Our Children’s House<br />
• Children’s Medical Center Dallas<br />
• Big Thought<br />
• Ronald McDonald House<br />
• Dallas Black Dance Theatre</p>
<p>The most blessed of his recipients is the University of Texas Southwestern. Harold Simmons has been an extremely generous supporter since 1983, when <a href="http://www.utsouthwestern.edu/utsw/cda/dept353744/files/438334.html">he pledged $8 million pledge for the Harold C. Simmons Arthritis Research Center</a>. Five years after, he contributed $41 million to the Harold C. Simmons Comprehensive Cancer Center and the Simmons Biomedical Research building named for his parents. In 2005, a $50 million clinical and research program grant was given, as well as a $500,000 fund for an endowed chair in clinical oncology for the school’s first president Dr. Charles Sprague. Recently, <a href="http://en.wikipedia.org/wiki/Harold_Clark_Simmons">Harold Simmons</a> donated up to $125 million to the Innovations in Medicine Campaign that UT Southwestern started in 2002.</p>
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		<title>George Soros Philanthropy</title>
		<link>http://www.facesofphilanthropy.com/george-soros-2/</link>
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		<pubDate>Mon, 25 Jan 2010 18:03:53 +0000</pubDate>
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		<description><![CDATA[On August 12, 1930, a man who would actively redefine society’s and culture’s borders was born in Budapest, Hungary by the name of George Soros. He and his family migrated in England in 1947. He had to survive by manually working as a restaurant waiter as well as a railroad porter in England. 
In the [...]


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			<content:encoded><![CDATA[<p>On August 12, 1930, a man who would actively redefine society’s and culture’s borders was born in Budapest, Hungary by the name of <a href="http://www.soros.org/about/bios/a_soros">George Soros</a>. He and his family migrated in England in 1947. He had to survive by manually working as a restaurant waiter as well as a railroad porter in England. </p>
<p>In the face of all this difficulty, <a href="http://www.portfolio.com/executives/features/2008/10/15/Wealth-and-Charity-Index">George Soros</a> managed to support himself through his studies at the London School of Economics, where he accomplished his undergraduate degree. He moved to the United States in 1956, where he developed his prowess as a trader and analyst until 1963. A decade after, he established and benefited immensely from what would be one of the first hedge funds in the nation; the Quantum Fund. In 1992, he became famous for “breaking the Bank of England” on Black Wednesday. </p>
<p>Today, the self-made 78-year old has a net worth of $9 billion. <a href="http://www.forbes.com/lists/2009/10/billionaires-2009-richest-people_George-Soros_L9II.html">George Soros is ranked 29th in Forbes’ World’s Billionaires</a>, mainly because of the Soros Fund Management. His vast fortune is duly matched by his generosity. From 2007-2008 alone, he contributed $474.6 million to non-profit organizations, and gave over $106,000 in political contributions. <a href="http://www.georgesoros.com/">George Soros also created the Soros Humanitarian Foundation</a> to which he gave $230 million.</p>
<p>Among <a href="http://www.time.com/time/specials/2007/time100powergivers/article/0,28804,1616375_1615711_1615683,00.html">George Soros’ many projects are the Millennium Promise Initiative</a> which seeks to eliminate extreme African poverty ($50 million), the regional Russian Universities Internet infrastructure creation ($100 million), and putting up a grantmaking foundation in China dedicated to transparency and fostering civil society. In fact, his history of giving began as early as 1979, when he financially aided African American students to go to University of Cape Town in South Africa.</p>
<p>What is perhaps <a href="http://www.soros.org/about">George Soros’ greatest legacy lies, however, in his establishment of the Open Society Institute</a> in 1993. He was particularly influenced by philosopher Karl Popper, author of <em>The Open Society and Its Enemies</em> &#8211; an insightful critique on the political system of totalitarianism. As such, <a href="http://www.newyorker.com/archive/2004/10/18/041018fa_fact3?currentPage=1">he has endeavored to aid the formation of human rights awareness</a>, democratic governance, and concrete reform in the different sectors of society in over 60 countries at present. </p>
<p><a href="http://www.time.com/time/covers/0,16641,19970901,00.html">George Soros was on the cover of Time Magazine’s September 1, 1997 issue</a>, which featured his causes. For his published work and philanthropic dedication to the promotion of open societies, he has been recognized by prestigious bodies such as Yale University, Oxford University, New School for Social Research, and the University of Bologna’s highest honor, the Laurea Honoris Causa. </p>
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		<title>George Kaiser Philanthropy</title>
		<link>http://www.facesofphilanthropy.com/george-kaiser/</link>
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		<pubDate>Mon, 30 Nov 2009 23:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Private Equity and Finance]]></category>
		<category><![CDATA[Bank of Oklahoma Financial Corporation]]></category>
		<category><![CDATA[George Kaiser]]></category>

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		<description><![CDATA[George B. Kaiser cemented his reputation as a devout philanthropist the same way he built the Bank of Oklahoma Financial Corporation; with a burning dedication.


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			<content:encoded><![CDATA[<p><a href="http://1.bp.blogspot.com/_ZtneWMv1XfY/Sbki2WDUIsI/AAAAAAAAFB8/fSNX0jJwcp8/s400/george-kaiser.jpg">George B. Kaiser</a> cemented his reputation as a devout philanthropist the same way he built the Bank of Oklahoma Financial Corporation; with a burning dedication. With a current net worth of $11 billion, he is ranked 43rd on <a href="http://www.forbes.com/lists/2009/10/billionaires-2009-richest-people_George-Kaiser_OXNB.html">Forbes World’s Richest People in 2009</a>.</p>
<p>Fleeing from Nazi Germany in 1938, his family settled in Oklahoma where they would establish their gas and oil business. George Kaiser then became a prominent alumnus of <a href="http://www.harvard.edu/">Harvard University</a> where he earned both undergraduate and master of business administration degrees. In 1969, he was at the helm of his family business, which flourished until it rose to the top ranks in private energy production as <a href="http://www.kfoc.net/">Kaiser-Francis Oil</a>.</p>
<p>Today, the self-made billionaire’s financial portfolio covers a diverse range of businesses. George Kaiser owns a controlling $1.9 billion stake in his brainchild, <a href="http://www.bankofoklahoma.com/">Bank of Oklahoma</a>. A recent investment is his purchase of over $1 billion in gas tankers, which would then be a factor in his 2008 sale of half of Excelerate Energy, the liquefied natural gas company. </p>
<p>He also acquired $412 million worth of gas reserves in Anadarko and Arkoma-based gas reserves from Chesapeake Energy. Other income streams are his private equity holdings, energy trading portfolios, as well as large derivatives from other interests. A well-known distinction is his sentiment that oil and gas industry players should be given a break during difficult time, thus, he suggests voluntarily redirecting tax incentives to education or healthcare projects.</p>
<p>In 2007, the <a href="http://www.gkff.org/">George Kaiser Family Foundation</a>, founded some seven years prior, committed a generous $12.4 million for the improvement of the rapidly deteriorating condition of the Arkansas River. The donation to the <a href="http://www.facebook.com/pages/Tulsa-OK/River-Parks-Authority-Tulsa/90978938777">River Parks Authority</a> will ensure the building of a dual-trail system for bikers and pedestrians, benches, fixed lighting, and several other much-needed amenities.</p>
<p>The foundation made headlines again with its matching grant of up to $25 million to three distinguished local educational institutions: <a href="http://www.tulsacc.edu/">Tulsa Community College</a> ($4 million), <a href="http://osu.okstate.edu/welcome/">Oklahoma State University</a> ($9 million) and the <a href="http://tulsa.ou.edu/">University of Oklahoma-Tulsa</a> ($12 million).</p>
<p>Another active philanthropic involvement is his foundation’s partnership with the First Five Years Fund. Recognizing early development and learning as an influential and more cost-effective solution in initiating social change, the First Five Years Fund was created as the private sector’s response.</p>
<p>Among his fellow billionaires, George Kaiser is known as one of the world’s most generous and charitable man.</p>
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		<title>Sanford I. Weill</title>
		<link>http://www.facesofphilanthropy.com/sanford-i-weill/</link>
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		<pubDate>Mon, 28 Sep 2009 22:36:32 +0000</pubDate>
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		<category><![CDATA[Sanford I. Weill]]></category>

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		<description><![CDATA[founder of Citigroup, has donated considerable sums to educational institutions and founded the National Academy Foundation.


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			<content:encoded><![CDATA[<p>A financier and billionaire philanthropist, Sanford I. Weill was born on March 16, 1933 in Brooklyn, New York. He graduated from Cornell University in 1955. In 1998, he created Citigroup, Inc., the world’s largest financial services corporation, where he became the CEO until 2003 and remained as its Chairman until 2006. Before the establishment of Citigroup, he was the Chairman and CEO of several companies, including American Express, Commercial Credit, Fireman’s Fund Insurance Company, and Travelers Insurance Company. Now residing in Connecticut, and with a net worth of $1.8 billion, Sanford I. Weill ranks 271 in the 2007 Forbes List of Richest Americans.</p>
<ul>
<li>As Chairman of Carnegie Hall, Sanford Weill raised $60 million for the restoration of the establishment’s facilities.</li>
<li>Sanford Weill donated to the medical school of Cornell University, which was then named as the <a href="http://www.med.cornell.edu/">Joan and Sanford I. Weill Medical College and Graduate School of Medical Sciences</a> in April 1998. As an Emeritus Trustee of Cornell University and the Chairman of the Board of Overseers of the medical college, he and his wife donated $250 million to Cornell.</li>
<li>Sanford Weill founded the <a href="http://www.naf.org/">National Academy Foundation</a>, a joint venture of business leaders and educators aimed to help and prepare students for their professional careers. It caters to more than 50,000 students in more than 500 academies across the country through small learning communities.</li>
<li>Sanford Weill donated $5 million to the University of Michigan for the construction of the <a href="http://www.fordschool.umich.edu/news/Weill_hall.php">Joan and Sanford Weill Hall</a>.  He also endowed $3 million for the position of the dean of the school.</li>
<li>Sanford Weill also worked for the <a href="http://www.treas.gov/press/releases/rr2138.htm">Working Group on Child Care</a>, spearheaded by Robert Rubin, former U.S. Secretary of the Treasury.</li>
</ul>
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		<title>James E. Stowers Philanthropy</title>
		<link>http://www.facesofphilanthropy.com/james-e-stowers/</link>
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		<pubDate>Mon, 28 Sep 2009 22:28:56 +0000</pubDate>
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				<category><![CDATA[Business]]></category>
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		<category><![CDATA[James E. Stowers]]></category>
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		<description><![CDATA[and wife Virginia Stowers founded the Stowers Institute to support Medical Research in Missouri to combat cancer.


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			<content:encoded><![CDATA[<p>James E. Stowers founded the premier investment management firm American Century Companies. The company, formerly known as Twentieth Century Investors, boasts of assets close to $85 billion.</p>
<p>American Century Companies initially managed mutual funds. It has since metamorphosed into a globally-esteemed investment management firm headquartered in Kansas City, Missouri.</p>
<p>James E. Stowers founded publishing house Stowers Innovations in 1990. Stowers Innovations published the acclaimed &#8220;Yes, You Can&#8221; books, which teach people how to improve their financial status. <a href="http://findarticles.com/p/articles/mi_m0EIN/is_2001_July_24/ai_76723009">James Stowers believed in the value of helping others succeed.</a></p>
<ul>
<li><a href="http://www.kcbusinesshalloffame.com/james_e_stowers.htm">James E. Stowers</a> and wife Virginia Stowers founded the Stowers Institute to support Medical Research in Missouri to combat cancer.</li>
<li>As a non-profit biomedical research facility, the Stowers Institute vows to prevent, treat, and cure gene-related diseases by funding research into the genes and proteins that trigger them. The Stowers Institute hopes to better understand the hereditary mechanisms associated with cancer, diabetes, and dementia, among other debilitating illnesses. The Stowers couple has donated a total of $2 billion to cancer research.</li>
<li>James E. Stowers also contributes to new technology research and design.</li>
<li>At present, the Stowers Institute has over twenty independent research programs.</li>
</ul>
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		<title>Catherine B. Reynolds Philanthropy</title>
		<link>http://www.facesofphilanthropy.com/catherine-b-reynolds/</link>
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		<pubDate>Mon, 28 Sep 2009 22:11:16 +0000</pubDate>
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		<category><![CDATA[Catherine B. Reynolds]]></category>
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		<category><![CDATA[EduCap Inc.]]></category>

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		<description><![CDATA[is the first person to develop supplementary structures to educational loans that are backed by private funds. She has also pioneered a reasonably-priced loan origination system among other programs to refine the state of education.


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			<content:encoded><![CDATA[<p>Catherine Reynolds sits at the helm of EduCap, Inc., the revolutionary student lending company.  <a href="http://www.ed.gov/about/bdscomm/list/hiedfuture/bios/reynolds.pdf">Catherine Reynolds</a> helped develop the private education loans market and has been indirectly responsible for sending more Americans to college.</p>
<p>Catherine Reynolds is the first person to develop supplementary structures to educational loans that are backed by private funds. She has also pioneered a reasonably-priced loan origination system among other programs to refine the state of education.</p>
<p>Because of these unheard-of strategies in the student loan industry, Reynolds redeemed the company from bankruptcy and transformed it into an industry leader offering over 200 financial products.</p>
<p>Now with $600 million to her name, Catherine Reynolds has been donating for philanthropic causes. Eventually, Business Week took notice and listed her one of the fifty most generous Americans ever.</p>
<ul>
<li>Her philanthropic endeavors operate under the <a href="http://www.cbrf.org/">Catherine B. Reynolds Foundation</a>. True to form, it wants citizenry to have greater access to education more than anything.</li>
<li>The Catherine B. Reynolds Foundation handed out nine-figure sums to organizations affiliated with culture and the arts, most notably the National Gallery of Art and the Kennedy Center for the Performing Arts. No less than President George W. Bush applauded her for donating $100 million to the Kennedy Center for the Performing Arts.</li>
<li>Other beneficiaries of her philanthropy include: Academy of Achievement, America&#8217;s Promise, Black Student Fund, Blair House Restoration Fund, Boys &amp; Girls Clubs of Greater Washington, Breast Cancer Research Foundation, Capital Area Food Bank, Carson Scholars Fund, CharityWorks, Children&#8217;s Inn at NIH, Choral Arts Society of Washington, The Dance Theatre of Harlem, DC College Access Program (DC CAP), Fellows for Social Entrepreneurship at Harvard University, Fellows for Social Entrepreneurship at New York University, Flight 77 Scholarship Program, Ford&#8217;s Theatre Society, Global Business Coalition on HIV/AIDS, Green Door, Hurricane Katrina Scholarship Fund, In2Books, Inova Health System, Kellar Center, Laura Bush Foundation for America&#8217;s Libraries, The King Center, Morehouse College, Museum of the Rockies, N Street Village, National Catholic Educational Association, National Coalition for Cancer Survivorship, National Geographic Society, National Student Partnerships, National Symphony Orchestra, Reading Is Fundamental (RIF), Ronald Reagan Presidential Library, School Night, Share Our Strength, Supreme Court Historical Society, The Sunlight Foundation, Teach for America, Together for Girls, TOYchallenge, Washington Metropolitan Scholars, Washington Redskins Leadership Council, The Wheelchair Foundation, William J. Clinton Presidential Center, Wolf Trap Foundation, Woodrow Wilson International Center.</li>
</ul>
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		<title>Bernard Osher Philanthropy</title>
		<link>http://www.facesofphilanthropy.com/bernard-osher/</link>
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		<pubDate>Mon, 28 Sep 2009 22:08:10 +0000</pubDate>
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		<description><![CDATA[decided to invest in the state of Maine and his foster city, San Francisco, by funding projects that involved education and the arts.


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</ol>]]></description>
			<content:encoded><![CDATA[<p>Bernard Osher is the co-Founder of World Savings. He started his career in business in the management of his family&#8217;s hardware and plumbing supplies store. From there, he joined Oppenheimer &amp; Company and moved to New York. Later, he took his business sense westward to California and co-founded World Savings. World Savings is currently the second largest financial institution in the United States.</p>
<p>Bernard Osher became a name-worthy philanthropist in 1977. As an art enthusiast and advocate of good education, <a href="http://www.bowdoin.edu/news/archives/1bowdoincampus/004638.shtml">Bernard Osher</a> decided to invest in the state of Maine and his foster city, San Francisco, by funding projects that involved education and the arts.</p>
<p>Founded in 1977, the <a href="http://www.gtu.edu/give/the-bernard-osher-foundation-gives-1-million-to-support-gtu">Bernard Osher Foundation</a> is devoted to five major areas of focus:</p>
<ol>
<li>Scholarships for Higher Education (Osher Scholars and Fellows Program)</li>
<li>Scholarships for University Reentry Students aged 25 to 50 (Osher Reentry Scholarship Program)</li>
<li>Programs addressing the educational needs of seasoned adults at institutions of higher education (Osher Lifelong Learning Institutes)</li>
<li>Selected integrative medicine programs</li>
<li>Arts and educational programs in the Greater San Francisco Bay Area and the State of Maine</li>
</ol>
<p>In 2006, the Bernard Osher Foundation spent a total of $723.2 million dollars in support of these and other programs. These initiatives have resulted in the creation of small programs in several institutions in the United States that promote lifelong learning.</p>
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<p>Related posts:<ol><li><a href='http://www.facesofphilanthropy.com/bernard-marcus/' rel='bookmark' title='Permanent Link: Bernard Marcus Philanthropy'>Bernard Marcus Philanthropy</a> <small>established the Marcus Institute, which aims to provide comprehensive aid...</small></li>
<li><a href='http://www.facesofphilanthropy.com/jimmy-carter/' rel='bookmark' title='Permanent Link: Jimmy Carter Philanthropy'>Jimmy Carter Philanthropy</a> <small>has been a persistent advocate of human rights and social...</small></li>
<li><a href='http://www.facesofphilanthropy.com/eli-broad/' rel='bookmark' title='Permanent Link: Eli Broad Philanthropy'>Eli Broad Philanthropy</a> <small>is the developer who created two Fortune 500 companies, SunAmerica...</small></li>
</ol></p>]]></content:encoded>
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		<title>Peter Lynch Philanthropy</title>
		<link>http://www.facesofphilanthropy.com/peter-lynch/</link>
		<comments>http://www.facesofphilanthropy.com/peter-lynch/#comments</comments>
		<pubDate>Mon, 28 Sep 2009 21:53:25 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Private Equity and Finance]]></category>
		<category><![CDATA[fidelity Investments]]></category>
		<category><![CDATA[Peter Lynch]]></category>

		<guid isPermaLink="false">http://www.facesofphilanthropy.com/test/?p=159</guid>
		<description><![CDATA[supports religious organizations, education, and cultural/historic organizations through The Lynch Foundation. Lynch also gives from Fidelity Charitable Gift Fund, and two charitable trusts.


Related posts:<ol><li><a href='http://www.facesofphilanthropy.com/peter-drucker-philanthropy/' rel='bookmark' title='Permanent Link: Peter Drucker Philanthropy'>Peter Drucker Philanthropy</a> <small>Accomplished business strategist Peter Drucker is famous for his work...</small></li>
<li><a href='http://www.facesofphilanthropy.com/peter-lewis/' rel='bookmark' title='Permanent Link: Peter Lewis Philanthropy'>Peter Lewis Philanthropy</a> <small>has given millions to higher education. Lewis invests in people...</small></li>
<li><a href='http://www.facesofphilanthropy.com/catherine-b-reynolds/' rel='bookmark' title='Permanent Link: Catherine B. Reynolds Philanthropy'>Catherine B. Reynolds Philanthropy</a> <small>is the first person to develop supplementary structures to educational...</small></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p>Peter Lynch is known for his highly successful stock picks at Fidelity Investments. He got his start at Fidelity after caddying for Fidelity’s president and other notables and went on to manage a fund which averaged a 29.2% annualized return since its inception.</p>
<ul>
<li>Peter Lynch gives money in several ways. He gives individually, through the Lynch Foundation, Fidelity Charitable Gift Fund, and two charitable trusts. The Lynch Foundation supports religious organizations, education, and cultural/historic organizations.</li>
<li>Lynch prefers to support ideas that he thinks can spread, such as First Night. First Night is an arts and culture celebration on New Year’s Eve, to ring in the New Year. Another example is City Year, a community service program that began in Boston and has since spread to cities around the country.</li>
</ul>
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<li><a href='http://www.facesofphilanthropy.com/peter-lewis/' rel='bookmark' title='Permanent Link: Peter Lewis Philanthropy'>Peter Lewis Philanthropy</a> <small>has given millions to higher education. Lewis invests in people...</small></li>
<li><a href='http://www.facesofphilanthropy.com/catherine-b-reynolds/' rel='bookmark' title='Permanent Link: Catherine B. Reynolds Philanthropy'>Catherine B. Reynolds Philanthropy</a> <small>is the first person to develop supplementary structures to educational...</small></li>
</ol></p>]]></content:encoded>
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		<title>Kenneth Langone Philanthropy</title>
		<link>http://www.facesofphilanthropy.com/kenneth-langone/</link>
		<comments>http://www.facesofphilanthropy.com/kenneth-langone/#comments</comments>
		<pubDate>Mon, 28 Sep 2009 21:44:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Private Equity and Finance]]></category>
		<category><![CDATA[Home Depot]]></category>
		<category><![CDATA[Ken's Kids]]></category>
		<category><![CDATA[Kenneth Langone]]></category>

		<guid isPermaLink="false">http://www.facesofphilanthropy.com/test/?p=145</guid>
		<description><![CDATA[partnered with Bernard Marcus and Arthur Blank to found Home Depot, which today is one of the largest and most successful chains in the home improvement industry. He has contributed almost $150 million dollars to various charities.


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<li><a href='http://www.facesofphilanthropy.com/james-e-stowers/' rel='bookmark' title='Permanent Link: James E. Stowers Philanthropy'>James E. Stowers Philanthropy</a> <small>and wife Virginia Stowers founded the Stowers Institute to support...</small></li>
<li><a href='http://www.facesofphilanthropy.com/michael-milken-philanthropy/' rel='bookmark' title='Permanent Link: Michael Milken Philanthropy'>Michael Milken Philanthropy</a> <small>As he battled cancer, Michael Milken realized that he had...</small></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p>Kenneth Langone is best known as the co-founder of Home Depot.  Born to working class parents in Roslyn Heights, New York, <a href="http://www.bucknell.edu/x12870.xml">Ken Langone</a> achieved his BA from Bucknell University and his MBA from NYU. As an investment banker, Ken Langone achieved notoriety when he took Electronic Data Systems, INC. public in 1968 at 118 percent earnings. In 1974, Ken Langone founded investment banking firm Invemed Associates, Inc. and bought his first seat on the New York Stock Exchange. In 1978, he partnered with Bernard Marcus and Arthur Blank to found Home Depot, which today is one of the largest and most successful chains in the home improvement industry. He has contributed almost $150 million dollars to various charities.</p>
<ul>
<li><a href="http://www.nyu.edu/nyutoday/archives/17/13/Stories/rudin-gallatin.html">Kenneth Langone</a> has donated $11 million dollars to Bucknell University to finance a new Athletics and Recreation Center and $6.5 million to NYU&#8217;s Stern School to endow the Kenneth G. Langone Part-time Evening MBA program.</li>
<li>Ken Langone contributes to charities funding medical research and treatment and providing education and services to the disadvantaged. Some of these charities include Cancer Research Fund of Damon Runyon-Walter Winchell Foundation, The Children&#8217;s Oncology Society (Ronald McDonald House), Tomorrow&#8217;s Hope Foundation, Harlem Children&#8217;s Zone, and The Robin Hood Foundation.</li>
<li><a href="http://www.senate.gov/~schumer/SchumerWebsite/pressroom/press_releases/PR02539.kenskids032904.pf.html">Ken Langone</a> is responsible for the success of Ken&#8217;s Kids, a start-up organization through Home Depot which provides job training and employment to youths ages 18-21 with disabilities in Philadelphia. Ken&#8217;s Kids receives personal financial contributions from Kenneth Langone and currently helps dozens of young people achieve financial independence.</li>
</ul>
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</ol></p>]]></content:encoded>
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		<title>Kirk Kerkorian Philanthropy</title>
		<link>http://www.facesofphilanthropy.com/kirk-kerkorian/</link>
		<comments>http://www.facesofphilanthropy.com/kirk-kerkorian/#comments</comments>
		<pubDate>Mon, 28 Sep 2009 21:34:22 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Private Equity and Finance]]></category>
		<category><![CDATA[Real Estate and Development]]></category>
		<category><![CDATA[Kirk Kerkorian]]></category>
		<category><![CDATA[The Lincy Foundation]]></category>

		<guid isPermaLink="false">http://www.facesofphilanthropy.com/test/?p=133</guid>
		<description><![CDATA[philanthropic efforts focus mainly on Armenian causes. Most of this charitable work is executed by The Lincy Foundation, which he named after his two daughters.


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<li><a href='http://www.facesofphilanthropy.com/kenneth-langone/' rel='bookmark' title='Permanent Link: Kenneth Langone Philanthropy'>Kenneth Langone Philanthropy</a> <small>partnered with Bernard Marcus and Arthur Blank to found Home...</small></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p>Kirk Kerkorian is a rags-to-riches American success story. The son of two Armenian immigrants, Kirk Kerkorian is a testament that the driven can succeed on vision, persistence, hard work, and calculated risk.</p>
<p>Kirk Kerkorian was born in California in 1917. After dropping out of school during 8th grade, he became a boxer and won the Pacific amateur welterweight belt under the moniker “Rifle Right Kerkorian.&#8221; Kirk Kerkorian became interested in aviation and during the Second World War. He opted to learn flying in order to avoid joining the infantry. After the war, Kirk Kerkorian bought his own Cessna plane and served as a commercial pilot. He spent a lot of time in Las Vegas, but quit gambling in 1947. In this same year, he bought Trans International Airlines for $60,000, a company he eventually sold to Transamerica for $104 million. Following this business success, <a href="http://www.nytimes.com/2007/05/22/business/22casino.html">Kirk Kerkoria</a>n invested heavily in Las Vegas, buying lands, stocks and businesses, including MGM, General Motors, and Daimler-Chrysler.</p>
<p><a href="http://www.armeniapedia.org/index.php?title=Kirk_Kerkorian">Kirk Kerkorian&#8217;s philanthropic efforts</a> focus mainly on Armenian causes. Most of this charitable work is executed by The Lincy Foundation, which he named after his two daughters.</p>
<ul>
<li>Kirk Kerkorian has donated $200 million to Armenia through The Lincy Foundation. The money was allocated to help Armenia build itself through infrastructure projects beginning in 2001. This includes the repairs of highways and the reconstruction of apartment complexes that were destroyed by the devastating 1988 earthquake.</li>
<li>In 1999, <a href="http://specials.slate.com/slate60/donors/kirk-kerkorian/">Kirk Kerkorian</a> donated $15 million to the American Red Cross.</li>
</ul>
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</ol></p>]]></content:encoded>
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		<title>William Goodwin Philanthropy</title>
		<link>http://www.facesofphilanthropy.com/william-goodwin/</link>
		<comments>http://www.facesofphilanthropy.com/william-goodwin/#comments</comments>
		<pubDate>Mon, 28 Sep 2009 21:23:15 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Private Equity and Finance]]></category>
		<category><![CDATA[CCA Industries Inc.]]></category>
		<category><![CDATA[Commonwealth Foundation for Cancer Research]]></category>
		<category><![CDATA[Gleevec]]></category>
		<category><![CDATA[William Goodwin]]></category>

		<guid isPermaLink="false">http://www.facesofphilanthropy.com/test/?p=118</guid>
		<description><![CDATA[cut his net worth in half to fund research on cancer. Through his Commonwealth Foundation for Cancer Research, Goodwin has also directed $88.5 million to several cancer facilities in the US.


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<li><a href='http://www.facesofphilanthropy.com/alice-walton-philanthropy/' rel='bookmark' title='Permanent Link: Alice Walton Philanthropy'>Alice Walton Philanthropy</a> <small>Born on the 7th of October 1949 in Arkansas, Alice...</small></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p>Former AMF Bowling owner William H. Goodwin Jr. is the president and founder of CCA Industries Inc., a diversified firm with interests in hotels, real estate and manufacturing. Based in Richmond, Virginia, <a href="http://www.hotel-online.com/News/PR2005_1st/Mar05_SeaPines.html">William Goodwin’s holdings company owns the Sea Pines Resort in South Carolina</a> as well as The Jefferson Hotel in Richmond.</p>
<ul>
<li>Along with his wife Alice, <a href="http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=SPIEDU.story&amp;STORY=/www/story/11-17-2006/0004476894&amp;EDATE=FRI+Nov+17+2006,+11:55+AM">William Goodwin was conferred with the Medal of Honor</a> by The American Cancer Society. This honor only goes out to persons who have made outstanding contributions in the field of cancer research. William Goodwin cut his net worth in half to fund research on cancer. Through his Commonwealth Foundation for Cancer Research, Goodwin has also directed $88.5 million to several cancer facilities in the US:
<ul>
<li>John Hopkins University&#8217;s Oncology Center in Baltimore</li>
<li>Memorial-Sloan Kettering Cancer Center in New York</li>
<li>University of Texas M.D. Anderson Cancer Center in Houston</li>
<li>The Cancer Center, University of Virginia Health System, Charlottesville</li>
<li>Mayo Clinic Cancer Center in Rochester, Minnesota</li>
</ul>
</li>
<li>William and Alice Goldwin also catalyzed the events leading to the formulation of Gleevec, the revolutionary medicine for leukemia.</li>
<li>In Goodwin couple has contributed $25 million to the Massey Cancer Center of Virginia Commonwealth University. They were also instrumental in the building of the school’s cancer research laboratory, which stretches 80,000 square feet.</li>
<li>The Commonwealth Foundation for Cancer Research also supports education through its contributions to the University of Virginia and the engineering school of the Virginia Commonwealth University. William and Alice Goodwin pledged $32.5-million to the University of Virginia’s School of Engineering. William Goodwin also donated $13.5 million to Darden Graduate School of Business, University of Virginia.</li>
</ul>
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</ol></p>]]></content:encoded>
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		<title>Warren Buffett Philanthropy</title>
		<link>http://www.facesofphilanthropy.com/warren-buffett/</link>
		<comments>http://www.facesofphilanthropy.com/warren-buffett/#comments</comments>
		<pubDate>Mon, 28 Sep 2009 20:40:49 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Private Equity and Finance]]></category>
		<category><![CDATA[Susan Thompson Buffett Foundation]]></category>
		<category><![CDATA[Warren Buffett]]></category>

		<guid isPermaLink="false">http://www.facesofphilanthropy.com/test/?p=84</guid>
		<description><![CDATA[serves as the Chairman of Berkshire Hathaway. His net worth is ranked at #2, after that of Microsoft founder Bill Gates.


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</ol>]]></description>
			<content:encoded><![CDATA[<p>Warren Buffett is known for using his ability to reallocate capital to make successful investments. Until recently, he did not participate in philanthropy, wishing to wait until death to make his bequests. After the death of his wife, he began to give.</p>
<ul>
<li>Warren Buffett earned the #3 ranking on BusinessWeek’s annual ranking of Top 50 U.S. Philanthropists when his wife Susan passed away and left $2.5 billion in Berkshire Hathaway stock to the Buffett Foundation. The Buffett Foundation was renamed to the Susan Thompson Buffett Foundation, and supports reproductive choice and nuclear weapons reduction. Warren Buffett has pledged 1 million class B shares of Berkshire Hathaway for additional funding.</li>
<li>Buffett chose to give the bulk to his estate, 10 million class B shares of Berkshire Hathaway, to the Bill &amp; Melinda Gates Foundation. He believes that Bill and Melinda Gates are most able to allocate the funds efficiently. The Gates Foundation has distributed most of its money to world health programs and U.S. education. Buffett’s gifts will continue only as long as either Gates is living and active in the Foundation’s work.</li>
<li>The Susan A. Buffett Foundation, Howard G. Buffett Foundation, and NoVo Foundation will each receive 350,000 class B shares of Berkshire Hathaway. This gift will allow each foundation to expand its work.</li>
</ul>
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</ol></p>]]></content:encoded>
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		<title>Eli Broad Philanthropy</title>
		<link>http://www.facesofphilanthropy.com/eli-broad/</link>
		<comments>http://www.facesofphilanthropy.com/eli-broad/#comments</comments>
		<pubDate>Mon, 28 Sep 2009 20:38:16 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Private Equity and Finance]]></category>
		<category><![CDATA[Broad Art Foundation]]></category>
		<category><![CDATA[Broad Education Foundation]]></category>
		<category><![CDATA[Broad Prize for Urban Education]]></category>
		<category><![CDATA[Eli Broad]]></category>
		<category><![CDATA[Eli Broad College of Business]]></category>

		<guid isPermaLink="false">http://www.facesofphilanthropy.com/test/?p=80</guid>
		<description><![CDATA[is the developer who created two Fortune 500 companies, SunAmerica and KB Homes. Broad is active in projects to revitalize downtown Los Angeles.


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<li><a href='http://www.facesofphilanthropy.com/peter-lynch/' rel='bookmark' title='Permanent Link: Peter Lynch Philanthropy'>Peter Lynch Philanthropy</a> <small>supports religious organizations, education, and cultural/historic organizations through The Lynch...</small></li>
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</ol>]]></description>
			<content:encoded><![CDATA[<p>Eli Broad is the developer who created two Fortune 500 companies, SunAmerica and KB Homes (formerly Kaufman Broad Homes). He currently lives in Los Angeles, and is active in projects to revitalize its downtown.</p>
<ul>
<li>In 1999, the Broads founded The Broad Education Foundation and has committed over $500 million to support new ideas and innovative leadership in the urban school system. One of the flagship initiatives, the Broad Prize for Urban Education, awards $1 million to stellar urban school districts.</li>
<li>Since 1984, the Broad Art Foundation has operated as an art lending library, sharing the Broad Art Collection with over 400 museums and university galleries internationally. In the realm of art philanthropy, the Broads have given a gift earmarked to fund the building of the Broad Art Museum.</li>
<li>Broad also endowed his alma mater, Michigan State University with the Eli Broad College of Business. Other educational institutions benefiting from the Broads’ generosity include MIT and Harvard, where a $100 million donation resulted in the creation of the Broad Institute.</li>
</ul>
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		<title>William Bindley Philanthropy</title>
		<link>http://www.facesofphilanthropy.com/william-bindley/</link>
		<comments>http://www.facesofphilanthropy.com/william-bindley/#comments</comments>
		<pubDate>Mon, 28 Sep 2009 19:48:14 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Private Equity and Finance]]></category>
		<category><![CDATA[Products and Services]]></category>
		<category><![CDATA[Bindley Capital Partner LLC]]></category>
		<category><![CDATA[Bindley Western Industries]]></category>
		<category><![CDATA[Purdue Research Foundation]]></category>
		<category><![CDATA[William Bindley]]></category>

		<guid isPermaLink="false">http://www.facesofphilanthropy.com/test/?p=68</guid>
		<description><![CDATA[an executive in the pharmaceutical industry, contributed millions of dollars to Purdue University and serves on the Board of the Purdue Research Foundation.


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			<content:encoded><![CDATA[<p>William E. Bindley was born on October 6, 1940 in Terre Haute, Indiana. He graduated from Purdue University in 1962 with a Doctorate of Management degree. In 1968, he established Bindley Western Industries, which is a distributor of pharmaceutical products and a nuclear pharmacy operator, where he served as chairman from 1968 to 2001. Bindley Wesern Industries merged with Cardinal Health in 2001, making it the world’s leading distributor of healthcare products and services. William Bindley served as a member of the Board from 2001 to 2003. In 1992, he also founded the Priority Healthcare Corporation, which is a provider of biopharmaceuticals and chronic disease therapies. He served as its President in 1996 and its CEO from 1994-1997. In 2001, William Bindley founded the Bindley Capital Partner LLC, an Indianapolis-based private equity and investment company. He is also the Vice Chairman of the <a href="http://www.ussa.org/">United States Ski and Snowboard Association</a>.</p>
<p>In 2002, William Bindley donated $52.5 million to Purdue University:</p>
<ul>
<li>$45 million of this grant was used to support endowments for faculty chairs, student scholarships and fellowships, and other educational programs.</li>
<li>$7.5 million of the same grant covered half the construction cost of a bioscience research center, now named as the <a href="http://www.purdue.edu/dp/bioscience/">Bindley Bioscience Center</a>. The laboratories for this center are designed for a range of multidisciplinary research projects, and connect the researchers with engineers from <a href="http://www.purdue.edu/discoverypark/Nanotechnology/">Birck Nanotechnology Center</a>.</li>
<li>William Bindley gave $1 million to U.S. Ski and Snowboard Team Foundation.</li>
<li>Another $500,000 was donated for the establishment of a new business-school building at Purdue University. William Bindley now serves on the Board of the <a href="http://www.prf.org/">Purdue Research Foundation</a> and the President’s Advisory Council at Purdue.</li>
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