The 2004 Slate 60: Donations

Analysis of the year's biggest philanthropists.
Feb. 28 2005 5:26 AM

The 2004 Slate 60: Donations

The 60 largest American charitable contributions of the year.

(Continued from Page 1)

Bernard Marcus$161 million to the Billi and Bernie Marcus Foundation. Marcus, 75, a co-founder of the Home Depot chain, gave $161 million to his foundation to build the Georgia Aquarium, in Atlanta. The aquarium, which is under construction, is scheduled to open in late 2005. (A profile of Marcus' philanthropy appeared in the Aug. 22, 2002, issue of the Chronicle of Philanthropy.)

Michael Bloomberg

Michael Bloomberg $138 million to arts, education, health care, and social services organizations. Bloomberg, 63, the current mayor of New York City and founder of Bloomberg L.P., gave $138 million to more than 600 organizations that deal with the arts, education, health care, and social services, including the American National Red Cross, in Washington; the Carnegie Corp., in New York; Dance Theater of Harlem, in New York; and the New York City Department of Education's Fund for Public Schools. Bloomberg plans to release a complete list of his 2004 donations in June.

Burton D. Morgan$112 million to the Burton D. Morgan Foundation and the Margaret Clark Morgan Foundation. Morgan, who died March 6, 2003, at 87, left a $56 million bequest to the Burton D. Morgan Foundation in Akron, Ohio, to support educational programs that promote free enterprise, invention, and entrepreneurship. Morgan established the foundation in 1967. He also left $56 million to the Margaret Clark Morgan Foundation, which is named after his wife, who is 86. The foundation is based in Hudson, Ohio, and supports arts, education, and mental-health organizations. Morgan was the founder and a past president of Morgan Adhesives, which makes self-adhesive paper and films.

Sidney E. Frank$100 million to Brown University. Frank, 85, of New Rochelle, N.Y., the chairman and founder of the Sidney Frank Importing Co. and the creator of the Grey Goose brand of vodka, donated $100 million to Brown University for undergraduate scholarships. Frank attended Brown for one year in the late 1930s, but left because he could not afford the tuition.

Sally Reahard$94.6 million to the Nature Conservancy, National Trust for Historic Preservation, Indianapolis Museum of Art, Historic Charleston Foundation, and Lowcountry Open Land Trust. Reahard, an Indianapolis heiress who died July 15, 2003, at 95, left $70 million to the Nature Conservancy, in Arlington, Va., of which $41 million will go to the Indiana chapter. While most of the money will be used to buy land in Indiana, much of the remaining $29 million was earmarked to protect coastal wetlands in the Carolinas, Georgia, and Virginia. Reahard also gave $5.5 million to the Indianapolis Museum of Art for its European art galleries. Although she hadn't been to Charleston, S.C., since she was a young woman, Reahard left gifts to benefit three Charleston institutions. She donated $15.5 million to the National Trust for Historic Preservation, in Washington, for Drayton Hall, a preserved plantation house outside Charleston. She also left $3 million to the Historic Charleston Foundation, and $1.1 million to the Lowcountry Open Land Trust.

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Paul G. Allen$71.9 million to the Paul G. Allen Family Foundation, Allen Institute for Brain Science, and other nonprofit organizations. Allen, 52, co-founder of Microsoft and founder and chairman of Vulcan Inc., an investment company in Seattle, gave $56 million to the Paul G. Allen Family Foundation, which supports arts and culture programs, scientific and technological innovations, and projects focused on community development, social change, and young people. Allen also donated $15.9 million to the Allen Institute for Brain Science, earmarked for the institute's Allen Brain Atlas. The Atlas Project conducts research on brain functions and disorders. A portion of Allen's donations also went to nonprofit groups that work in the arts and culture, health, human services, and science.

Robert Edward (Ted) Turner

Robert Edward (Ted) Turner $68 million to the United Nations Foundation, Better World Fund, Turner Foundation, and Florida A&M University. Turner, 66, founder of CNN and TBS, and chairman of Turner Enterprises, gave $62 million to the United Nations Foundation, in Washington, and to the Better World Fund, also in Washington, which he created to inform the public about the work of the United Nations. Turner also gave $6 million to the Turner Foundation, in Atlanta, which he established in 1990 to support projects on the environment and population, and $90,000 to Florida A&M University, in Tallahassee, for unrestricted support.

Thomas S. Monaghan$63.5 million to the Ave Maria Foundation. Monaghan, 67, founder and former chief executive officer of the Domino's Pizza chain, gave $63.5 million to his Ave Maria Foundation, in Ann Arbor, Mich., which supports Roman Catholic causes. The funds will go to Ave Maria University, in Naples, Fla., and to the Ave Maria School of Law, in Ann Arbor. Monaghan, who is chairman of the Ave Maria Foundation, pledged $220 million in 2002 to establish the university, which enrolled its inaugural class in 2003, and $50 million in 1999 to the law school, which opened in 2000.

Oprah Winfrey

Oprah Winfrey $50 million to the Oprah Winfrey Foundation and the Oprah Winfrey Operating Foundation. Winfrey, 51, chairman of Harpo Inc., a production company, and host of The Oprah Winfrey Show, gave $45 million to the Oprah Winfrey Foundation, in Chicago. Winfrey's foundation supports educational programs for women and children in the United States and abroad. She also gave $5 million to the Oprah Winfrey Operating Foundation, in Chicago, which supports a leadership academy for girls in South Africa that is scheduled to open in 2007.

Charles T. and Nancy B. Munger$43.5 million to Stanford University. Munger, vice chairman of Berkshire Hathaway, the investment company in Omaha, and his wife, Nancy, donated $43.5 million to Stanford University, in California. The gift will be used to construct housing for students at the law school and other graduate programs at Stanford. Nancy Munger received a bachelor's degree from the university in 1945 and once served on its board of trustees. Several of the couple's children and grandchildren also attended Stanford.

W. Jerome Frautschi$41.6 million to the Overture Foundation. Frautschi, 73, former owner of Webcrafters, a printing press in Madison, Wis., gave stock valued at $41.6 million to the Overture Foundation, in Madison. The gift is part of a $205 million pledge that Frautschi, who established the foundation in 1996 and serves as its chairman, announced in 1998. The gift went to create the Overture Center for the Arts, which includes the new Madison Museum of Contemporary Art, formerly known as the Madison Art Center, and two renovated theaters.

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