Monday, February 10, 2014

The Quiet, The Generous---Weathy Donors Undercover

The following is from Philanthropy Today

  • Robert Kern first came to the Mayo Clinic as a 5-year-old patient in 1930. It was the beginning of the Great Depression, and Mr. Kern’s father, a minister with little money, could not pay for his sick little boy’s treatment. The Mayo Clinic provided that care free.Today, Mr. Kern, 88, and his wife, Patricia, 85, are among the biggest donors to the organization.
  • Jeffrey Carlton, a businessman, who died in 2012 at age 61, left $212-million to create a foundation that will support four nonprofits: American Lebanese Syrian Associated Charities (the fundraising arm of St. Jude Children’s Research Hospital), Hoag Hospital Foundation, Paralyzed Veterans of America, and Principles Inc. (the nonprofit side of Impact Drug and Alcohol Treatment Center).
  • Millicent Atkins, a farmer who was 93 when she died in 2012, shocked two colleges and a church when she left them $37.5-million to split.
  • John Boruchin, a homebuilder who was 93 when he died in 2012, left $72-million to the Jewish National Fund....As Holocaust survivors, Mr. Boruchin and his wife, Dora, came to the United States from Eastern Europe with no money and settled in Fontana, Calif. He worked in a steel plant, then joined relatives in a lumber business and eventually began building homes and purchasing real estate.Although the couple became wealthy over time, they lived in the same modest home (one of the first his company built) until Mr. Boruchin’s death.
  • Jack MacDonald, a Seattle lawyer, led a thrifty life to avoid attention and set aside as much money as he could for charity. When he died last year at age 98, he left $139-million to three nonprofits.

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