The billionaire has collected more than $1 billion in dividends and compensation since 2011, according to data compiled by Bloomberg. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, What Led to Europes Deadliest Train Crash in a Decade, This Week in Crypto: Ukraine War, Marathon Digital, FTX. The Basser Center for BRCA, founded in 2012 by Penn alumni Mindy Basser Gray, C'92, and Jon Gray, C'92, W'92, works to free the world of the devastating effects of BRCA-related cancers and, in doing so . articles a month for anyone to read, even non-subscribers! The grants will be split among seven research teams across the globe and brings the couples lifetime philanthropic giving to over $175 millionincluding over $100 million in BRCA research. Mindy Gray: We are ALL IN on this mission and wont stop until progress is made! This is a digitized version of an article from The Timess print archive, before the start of online publication in 1996. The Gray Foundation is also focused on funding initiatives to advance the care of individuals living with BRCA mutations. Because of this, the only way to truly reduce risk is removing a womans ovaries (and fallopian tubes). Jon and Mindy Gray's gift will fund an institute focused on early detection of breast, ovarian, pancreatic and prostate cancers. Read On, OCRA is the worlds largest non-government funder of ovarian cancer research and has invested more than $110 million into desperately-needed breakthroughs. Mr. Gray currently serves as Chairman of the Board of Hilton Worldwide. The Center is focused on funding scientific research and giving brilliant research scientists the state-of-the-art facilities and the freedom to discover innovative paths to treatment, prevention and cure. Mindy Gray: I was immediately impressed with the leadership of OCRF and deeply committed to their mission of funding scientific research to help find a cure. Mindy Gray is the Co-Founder of the Gray Foundation, a private foundation committed to maximizing access to education, healthcare and opportunity for low-income children in New York. In 2016, he ranked #1 on Commercial Observer's "Power 100" ranking of the most powerful people in New York City real estate. The couple, both 52, also launched the NYC Kids RISE Save for College Program. At Jills suggestion, I reached out to OCRF to ask how I could get involved. Mindy Basser, a daughter of Pearl and Philip B. Basser of Philadelphia, is to be married this evening to Jonathan David Gray, a son of Susan Florsheim of Highland Park, Ill., and Allen Gray of Barrington, Ill. The bride, 24, is a marketing executive at Edwin Schlossberg Inc., a design firm in New York. Jon and Mindy Gray, Penn President Amy Gutmann and some of the freshmen the Grays are supporting. She holds an MPH from the Harvard T.H. Copyright 2023, Basser Center for BRCA at Penn Medicine, https://www.youtube.com/channel/UCqj1PAWOYriQ_AC0r2VO7NA/videos. Try telling this to a woman in her 20s who is BRCA-positive and not yet married. In February 2018, he was promoted to president and COO of Blackstone after 13 years as head of the firm's real estate business. The Basser Center was established in honor of Mindy's sister, Faith Basser, who passed away at the age of 44 of BRCA-related ovarian cancer. Mindy Gray: Faith was my mentor, my guide, my role model. The gift comes after the couple poured $55 million in the past seven years into University of Pennsylvanias Basser Center for BRCA, the worlds first hub devoted to studying cancers related to BRCA mutations. [26], As of 2018, Gray had donated $120 million in his lifetime. [39] Gray serves on the board of The Trinity School, as well as on the board of Harlem Village Academies,[40] a group of charter schools in New York City. My sister Faith was a serious discount shopper. No one was better at scooping up a bargain, sniffing out a sale, or stocking up on seriously reduced products than she. She is the Chair of the Basser Leadership Council and serves on the boards of the University of Pennsylvania School of Medicine and NYC Kids RISE. Occasionally the digitization process introduces transcription errors or other problems; we are continuing to work to improve these archived versions. Gray recently donated $10million to purchase a building in northern Manhattan which will serve as the organization's second elementary school. He also serves as the Executive Director, Strategic Alliances of the Abramson Cancer Center at the University of Pennsylvania. Actress Angelina Jolie, who inherited these genetic mutations, made waves in 2013 for announcing that shed undergone a preventive double mastectomy to reduce the risk of getting breast cancer; she removed her ovaries two years later. OCRF: What is your hope for the future in terms of research, and the hope it can bring to those affected by ovarian cancer? [28], The Grays have donated over $150 million to BRCA cancer research. There are so many ways to lend a hand, to improve the lives of thousands of patients and their families, and get us one step closer to a cure. See the article in its original context from. I felt the more I was involved, the more I could help this mission. Gray is president and chief operating officer of Blackstone Group, a New York-based alternative asset manager. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest [27][29] In May 2012, Gray and his wife, Mindy Gray, founded the Basser Research Center,[30] named in honor of Mindy's sister, Faith Basser, who died of ovarian cancer at age 44. Jon and Mindy Gray founded the Gray Foundation in 2014, with two distinct missions: BRCA-Related Cancers, accelerating research, improving treatment and raising awareness for individuals who have inherited BRCA mutations. Family members died young and medical records never made it over, so there was simply no history of disease that could be tracked. No surprise that she was also an incredible, and incredibly doting, mom. [7], Gray led Blackstone's LBO of Hilton Hotels, which became the most profitable private equity real estate deal ever, earning $14 billion for the firm's investors. He joined Blackstone in 1992. Mindy Gray is a member of the Penn Medicine Board, chair of the Basser Center Leadership Council and a founding board member of New York City Kids RISE, a nonprofit organization focused on expanding economic opportunity by providing a scholarship and savings platform for families, schools and communities. Mindy Gray: I was immediately impressed with the leadership of OCRF and deeply committed to their mission of funding scientific research to help find a cure. This month, the University of Pennsylvania announced a $10 million gift from the couple, . Blackstone has $915 billion in assets under management as of March 31, 2022, according to the company's website. At the time of its . Valuations are With the Basser Research Center, we want to ensure that families affected by BRCA 1 and BRCA 2 gene mutations can get the support and genetic counseling that they need and understand their lifetime risk of developing cancer. With the Basser Research Center, we want to ensure that families affected by BRCA 1 and BRCA 2 gene mutations can get the support and genetic counseling that they need and understand their lifetime risk of developing cancer. But she turned loss into legacy and hurt into hope this year when she and her husband Jon founded the Basser Research Center at the University of Pennsylvania in honor of . Our cross-institutional collaboration is transforming treatment and prevention methods for individuals and families affected by BRCA mutations. In 2018, he gave $23 million, ranking #49 on Forbes' America's Top 50 Givers. Identified in the mid-1990s, mutations in the BRCA1 and BRCA2 genes can lead to drastically higher rates of breast and ovarian cancer in women, as well as elevated risk of prostate and pancreatic cancer. 2023 Ovarian Cancer Research Alliance, Inc. All rights reserved. I felt the more I was involved, the more I could help this mission. From campus recruiting to executive search, Margarets previous experience includes working at Credit Suisse, Goldman Sachs and Heidrick & Struggles, among others. View Mindy Gray results in New York (NY) including current phone number, address, relatives, background check report, and property record with Whitepages. Meet the Basser Advisory Board Members View Mindy Basser Gray's record in Puyallup, WA including current phone number, address, relatives, background check report, and property record with Whitepages. [38], In November 2016, The New York Times reported on a $10million donation from the Grays to finance a pilot program that creates college savings accounts for thousands of New York City public school kindergartners. My sister Faith was like a mother and best friend rolled into one, remembers Mindy. Learn more about our policy positions and discover how you can take action. Mindy is also actively involved at the Harlem Village Academies charter schools and sits on the Leadership Council of Peer Health Exchange, an organization dedicated to giving teens a comprehensive health education. He joined Blackstone after graduating, working in both the corporate advisory services and private-equity groups. At the very least, we want to develop a tool that can discover disease well before it presents itself. [29], In October 2022, the Grays announced a gift of $55 million[36] to establish the Basser Cancer Interception Institute as part of the Basser Center for BRCA. At Jills suggestion, I reached out to OCRF to ask how I could get involved. Chan School of Public Health in Health Policy and Management and a Bachelor of Arts in Sociology and Education from Colorado College. Charissa has served on the boards of Trust for Public Lands - New York, DREAM, and Bronx Childrens Museum. Read On, The ovarian cancer community needs you your support, your voice, your passion and commitment. 50 insiders reveal how the superinvestor consolidated power, elbowed out rivals, and is remaking the firm in his golden-boy image", "Investment strategy: The new property barons", "Blackstone to Check Out of Hilton Investment", "Blackstone's Hilton Deal: Best Leveraged Buyout Ever - Bloomberg", "40 under 40 - Jonathan Gray (7) - FORTUNE", "Blackstone Exits Single-Family Rental Bet Slammed by Warren", "Wall Street as Landlord: Blackstone Going Public with a $10 Billion Bet on Foreclosed Homes", "Warren Calls Out Blackstone for "Shameless" Profies From Housing", "Blackstone's Homegrown Dealmaker Finally Makes It to the Top", "Opinion | Wall Street Courts Hong Kong Strongman John Lee", "Three Top Bankers Pull Out of Hong Kong's Global Finance Summit", "Trump Said to Discuss Treasury Post With Blackstone's Gray", "Blackstone executive Jonathan Gray won't serve as Treasury secretary", "The Wallets of Wall Street Are With Joe Biden, if Not the Hearts", "Private-Equity Leaders Place Their Presidential Bets", "Joe Biden's fundraiser list includes more than 30 executives with Wall Street ties", "Joe Biden to host more than 250 donors from Wall Street, big business at NYC fundraisers here's the guest list", "Blackstone COO Jonathan Gray On Giving To Education, Cancer Research", "Blackstone President Jonathan Gray Donates $25 Million To Tackle Deadly Breast Cancer Gene", "Basser Center for BRCA Abramson Cancer Center", "Blackstone's Gray Becomes Billionaire Amid Property Wager", "The 2013 Basser Global Prize - Bassser Research Center for BRCA -Penn Medicine", "Penn Medicine's Basser Research Center for BRCA Announces Additional $5 Million Gift from Mindy and Jon Gray to Fund External Research Grant Program", "The T&C 50: The Top Philanthropists of 2016", "Blackstone's Gray Gives $21 Million to Hit Cancer Close to Home", "$55 million gift to Penn is aimed at stopping breast cancer before it starts", "University Of Pennsylvania Receives $55 Million Gift To Study, Treat Hereditary Cancers", "Blackstone's Gray Gives UPenn $55 Million for Cancer Prevention", "New York Seeks to Jump-Start College Savings by Giving Cash to Kindergartners' Parents", "Blackstone's Gray Donates $10 Million for Financial Aid at UPenn", "Money for Kindergartners, Spendable on College", "WEDDINGS - Mindy Basser, Jonathan D. Gray", https://en.wikipedia.org/w/index.php?title=Jonathan_D._Gray&oldid=1139510621, This page was last edited on 15 February 2023, at 14:27. Gray raised the world's largest private real estate fund with $13.3 billion in 2012. Pat holds Bachelors and Masters degrees in biophysics from the University of Quebec, Canada and obtained his Ph.D. in molecular biology from Boston University. My father is 94 and a first-generation American and my mother is first generation as well. The occasion was a fundraiser for the Basser Center for BRCA, which they founded . As first generation immigrants from Eastern Europe, Mindys parents didnt keep historical family medical records. The center has been a world leader in BRCA research. She taught me how to blow bubbles, how to disco dance, how to properly tickle feet, and how to knot my hair in a bun. [9], Gray was named in Fortune's "40 under 40,"[10] in 2009. The value of his cash investments is based on an analysis of income, taxes and market performance. [20] Gray's boss and Trump's friend Stephen A. Schwarzman quickly dismissed the idea that a slot in a Republican cabinet would be offered to a Democratic supporter like Gray. [11], In 2013, Gray helped create a business venture through Blackstone called Invitation Homes to buy foreclosed single-family houses and turn them into rentals. In creating the Basser Research Center in my sisters name, my husband Jon and I are fervently hoping that we can one day prevent other families from experiencing the unthinkable loss of a loved one. The question is what is lurking in the normal tissue that begins to look like cancer, and how our immune system reacts to these abnormal cells before they develop cancer, says Dang. Men and women who carry a BRCA1 or BRCA2 gene mutation are at increased risk for developing certain cancers including breast, ovarian, pancreatic and prostate cancers. Learn more about our policy positions and discover how you can take action. Unfortunately, we did not know this before she was diagnosed with ovarian cancer. His mother is a partner in Ferree-Florsheim Catering in Chicago. Two years after my sister Faith died, I was emotionally ready and anxious to volunteer in any way I could to help in the ovarian cancer community. What came out of the meeting was there are still a lot of work to be done in the pre-cancer stage. Despite our twelve-year age gap, she always treated me like an equal. Penn graduates Jon Gray, C'92, W'92, and Mindy Basser Gray, C'92, are stepping in to help. Get email updates about research news, action alerts and ways to join the fight. The Gray Foundation is also focused on funding initiatives to advance the care of individuals living with BRCA mutations. We endure this loss each and every day. With his wife, Mindy, Gray established the Basser Research Center at the University of Pennsylvania School of Medicine, which focuses on the prevention and treatment of certain genetically caused breast and ovarian cancers. Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs, iPhone Maker Plans $700 Million India Plant in Shift From China, Amazon Is Closing Its Cashierless Stores in NYC, San Francisco and Seattle, S&P 500 Notches Best Week Since Late January: Markets Wrap, Stock Traders Are Ignoring Blaring Bond Alarms. [12][13] The Wall Street Journal reported that Gray went on the biggest home buying spree in history after the foreclosure crisis, spending $10billion in the company's first four years. At the time of its founding, it was thefirst and only center in the world dedicated tofunding research across the globe, educating providers and patients, and advancing care for individuals and their families living withBRCA1/2mutations. Gray is president and chief operating officer of Blackstone Group, a New York-based alternative asset manager. Gray and Mindy Basser have two children. In 2012, Mindy and Jon Gray made a transformative gift to establish the Basser Center for BRCA at Penn Medicine's Abramson Cancer Center and to date have given over $55 million towards its mission. 2023 Ovarian Cancer Research Alliance, Inc. A Personal Connection Becomes a Professional Mission.