15 Biggest Charitable Gifts of 2013

The Chronicle of Philanthropy data show return of big gifts following recession

Fifteen wealthy American philanthropists made charitable gifts of $100 million or more in 2013 for a total of $3.4 billion, according to a new survey by The Chronicle of Philanthropy.

Last year, 11 donors made comparable gifts, totaling $5 billion. However, $3 billion of the 2012 total comprised equal gifts from Warren Buffett to his three children’s foundations. Subtract that, and the other biggest gifts added up to $2 billion.

The Chronicle bases its annual ranking on the 10 largest publicly announced single gifts; often more than 10 gifts appear on the list because of ties.

The increase in mega-gifts in 2013 was good news for charitable organizations, but nonprofits could also be buoyed by Chronicle data showing that all gifts of $1 million or more totaled nearly $9.6 billion, compared with $6.1 billion in 2012.

The Chronicle noted that although gains in the economy helped boost giving, ultra-affluent American donors did not contribute as much in 2013 as they had before the recession.

In 2007, the biggest gifts from individuals totaled $4.1 billion, and all of the amounts on that year’s list were at least $100 million.

Following is the list of the 15 biggest gifts announced by individual donors in 2013 (including six contributions of the same size):

David Koch. (Photo: AP)

15. (tie) David Koch, businessman

$100 million (pledge)

New York-Presbyterian Hospital, for a new ambulatory-care center 

15. (tie) Frank McCourt, real estate developer

$100 million (pledge)

Georgetown University, to create the McCourt School of Public Policy

Ronald Perelman (Photo: AP)

15. (tie) Ronald Perelman, investor

$100 million (pledge)

Columbia Business School, for a new building 

15. (tie) T. Denny Sanford, chairman of United National Corp.

$100 million (pledge)

University of California at San Diego, for a stem-cell center

Stephen Schwarzman (Photo: AP) 

15. (tie) Stephen Schwarzman, financer

$100 million (pledge)

Tsinghua University, for scholarships for graduate students around the world 

15. (tie) Deborah Joy Simon, real estate heiress

$100 million (pledge)

Mercersburg Academy, for financial aid and academic programs

Charles Munger

9. Charles Munger, vice chairman of Berkshire Hathaway

$110 million (pledge)

University of Michigan, for student housing 

8. Irwin Jacobs, co-founder of Qualcomm, and his wife, Joan

$133 million (pledge)

The Jacobs Technion-Cornell Innovation Institute at Cornell NYC Tech

John Arrillaga

7. John Arrillaga, real estate developer

$151 million

Stanford University 

6. Muriel Block, real estate heiress

$160 million (bequest)

Albert Einstein College of Medicine of Yeshiva University

Stephen Ross (Photo: AP)

5. Stephen Ross, real estate developer

$200 million (pledge)

University of Michigan, for athletics and the business school 

4. Charles Johnson, financer

$250 million (pledge)

Yale University, for new residential college buildings

 

Michael Bloomberg

3. Michael Bloomberg, businessman and former mayor of New York

$350 million (pledge)

The Johns Hopkins University, for an effort to promote cross-disciplinary work and for student financial aid 

2. Phil Knight, Nike's chairman, and his wife, Penelope

$500 million (pledge)

Oregon Health & Science University Foundation, for cancer research

Mark Zuckerberg, and his wife, Priscilla Chan (Photo: AP) 

1. Mark Zuckerberg, Facebook co-founder, and his wife, Priscilla Chan

$992.2 million

Silicon Valley Community Foundation

---

Related stories on ThinkAdvisor:

3 Charity Strategies to Cope With Rising Taxes

10 Best Practices for Disaster Relief Giving

Close single page view Reprints Discuss this story
We welcome your thoughts. Please allow time for your contribution to be approved and posted. Thank you.

Most Recent Videos

Video Library ››