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. 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. Mindy Gray: My dear friend Jill Seigerman worked for Liz Tilberis, late Editor-in-Chief of Harpers Bazaar and President of OCRF, so I had known about OCRF for years. 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. [17] On 22 October 2022, The Wall Street Journal released an article by its editorial board in its printed edition, titled "Wall Street and Hong Kong's Strongman," mentioning Gray's name, and saying that "These executives may feel they have assets to protect in the city, but by kowtowing to Mr. Lee they are doing their reputations, and that of their companies, no good. Mindy Gray: I have always been impressed with the professionalism and passion that drives both the board and the staff at OCRF. 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. Read On, The ovarian cancer community needs you your support, your voice, your passion and commitment. . Maximizing access to education, healthcare and opportunity for low-income youth in New York City. In 2018, he gave $23 million, ranking #49 on Forbes' America's Top 50 Givers. OCRF: What is your hope for the future in terms of research, and the hope it can bring to those affected by ovarian cancer? No one was better at scooping up a bargain, sniffing out a sale, or stocking up on seriously reduced products than she. [6] Gray withdrew his name from consideration[21] and Steven Mnuchin was eventually nominated and confirmed. [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. In partnership with the Basser Center for BRCA and leading cancer institutions across the country, the Basser Initiative @ Gray Foundation is advancing research and awareness efforts. On Tuesday, private equity tycoon Jonathan Gray and his wife Mindy announced $25 million in funding for research on pernicious genetic mutations that can lead to breast and ovarian cancer. Edme Firth Fund for Research in Ovarian Cancer. We know a lot when patients present cancer, we know what they have, what are the genetic changes that lead to the cancer. 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. Edme Firth Fund for Research in Ovarian Cancer. We are here to support you and your family, offering layers of support and many ways to connect. Mindy is 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. The pandemic hasn't changed their philanthropic strategy, but rather has them doubling down, Jon Gray, Blackstone's. Blackstone president Jonathan Gray and his wife, Mindy Gray. Margaret received her Bachelor of Science in Accounting with a minor in History from the University of Scranton. Those who know me know I took this one to heart. You may opt-out by. These are serious risks that must be managed and because they will affect family members across generations, they are risks that also must be communicated. In 2016, it was reported that Gray was under consideration as Treasury Secretary for the incoming presidential administration of Donald Trump. [1] He is also chairman of Hilton Worldwide. The center has been a world leader in BRCA research. in Among the unthinkable tragedies of losing her was that she left behind her four-year-old son, Logan, who would no longer have his mom. So, I became a Board Member in 2004, and an Executive Committee Member in 2007. 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. in English from the School of Arts & Sciences and a B.S. 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. 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. He has given many lectures as an invited speaker, and has chaired several scientific symposia. From campus recruiting to executive search, Margarets previous experience includes working at Credit Suisse, Goldman Sachs and Heidrick & Struggles, among others. In 2012, Mindy and Jon Gray made a transformative gift to establish the Basser Center for BRCA at Penn Medicines Abramson Cancer Center and to date have given over $55 million towards itsmission. [9], Gray was named in Fortune's "40 under 40,"[10] in 2009. 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. Jon Gray stood by his wife Mindy Tuesday night as they welcomed about a thousand guests to Cipriani Wall Street. Her father owns an advertising agency in Philadelphia that bears his name. The new institute will look for innovative ways to detect and treat BRCA-related cancers before surgery, radiation or chemotherapy become the necessary treatment. Read On, OCRA is the voice for the ovarian cancer community, engaging with policymakers to keep this fight a priority. 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. The Basser Center was named in honor of Faith Basser, Mindy's sister, who passed away at age 44 from BRCA-related ovarian cancer. He has led the privatization of public real estate companies valued at more than $100 billion, including Extended Stay America, Carr America, Equity Office Properties and Hilton Hotels. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. OCRAs support and education programs are available to help you navigate your diagnosis, treatment, and life after cancer. Our cross-institutional collaboration is transforming treatment and prevention methods for individuals and families affected by BRCA mutations. OCRF: Tell us about your sister, Faith, your relationship, and her lasting impact on your life that sparked you to create such a tremendous legacy in her name. 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. [42], In 1995, Gray married Mindy Basser at Temple Beth Zion Israel in Philadelphia; the ceremony was officiated by Rabbi Ira F. Mindy and Jon Gray created the Basser Professorship of Oncology as part of their gift to establish the Basser Center for BRCA in 2012. Now, Domchek and her colleagues are taking aim at interception. She taught me to talk to animals, especially our crazy cats, she taught me to enjoy Kraft macaroni and cheese at midnight (even when I wasnt the slightest bit hungry), and she taught me that no walks too long if you have a friend by your side. We wanted to create a center that would be focused on this mutation, which would provide research, and support, and care, and thats why we founded the Basser Center.. My father is 94 and a first-generation American and my mother is first generation as well. Jon and I are both University of Pennsylvania graduates and feel a deep connection to the University. He also serves on the board of Harlem Village Academies and Trinity School. She served as the Executive Director of Teach For America - New York, and the Chief Operating Officer of ExpandED Schools. You believe in a theme, I believe in global logistics, or I believe in midstream assets or whatever it is, and I find a great management team and go all in on that.. 2 as chief operating officer in 2018. View Mindy Basser Gray's record in Shawnee, KS including current phone number, address, relatives, background check report, and property record with Whitepages. Jon currently serves as Chairman of the Board of Hilton Worldwide and is a board member of Invitation Homes. Gray was born in Highland Park, Illinois to a Jewish family. Meet Mindy Gray: Wife, Mother, Sister, Philanthropist, and OCRF Board Member. With the leadership of Dr. Chi Dang, Director of the Abramson Cancer Center, and Dr. Susan Domchek, Executive Director of the Basser Research Center, we are confident that we can make huge progress towards this goal. 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 index is a dynamic measure of personal wealth based on changes in markets, the economy and This is more proactive investing than reactive, says Mindy Gray. We are singularly focused on putting ourselves out of businessin funding the research that ultimately develops a tool for early detection and in an ideal world, develops a vaccine and/or cure that will prevent anyone from suffering at the hands of this insidious disease ever again. The hope is eventually BRCA-related cancers can be screened and treated at its earliest stages, rendering risk reduction surgeries obsolete. Prior to joining the Foundation, Margaret worked at Geller & Company in the Human Capital Department. The money will support research on cancer "interception" detecting abnormal, cancerous cells at the earliest stages and disrupting their progress before the disease gets underway. Posted on Shari and her husband, Len Potter, created the Basser Global Prize initiative at the Center to fund BRCA research. To broaden and organize their philanthropic efforts, the Grays brought in Chi Van Dang, the former director of the University of Pennsylvanias Abramson Cancer Center, to be the chief science advisor for their Gray Foundation in 2018. Dana Zucker is the Chief Executive Officer of the Gray Foundation. Blackstone raises $335 million for first real estate fund. Each net worth figure is updated every business day after the close of trading in New York. Mindy is the Board Chair of the Basser Center Advisory Boardand a former member of the Executive Board of Directors of the Ovarian Cancer Research Alliance (OCRA) where she served for over 10 years. No surprise that she was also an incredible, and incredibly doting, mom. Christine Anderson, a spokeswoman for Blackstone, didn't respond to requests for comment on Gray's net worth. and each individual billionaire profile contains a detailed analysis of how that person's fortune is tallied. In his senior year at University of Pennsylvania, not long before accepting an offer to work at Blackstone Group Inc., Jon Gray put down a book at the library to ask out Mindy Basser. It wasnt until after Faiths death that the family found out she inherited mutated BRCA genes. 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. 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A Personal Connection Becomes a Professional Mission, Next: 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. 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 . Mindy Gray: My sister Faith had a BRCA 1 gene mutation. All rights reserved. He is also the President and Chief Operating Officer of Blackstone, one of the world's leading investment firms. Read On. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest My sister Faith was like a mother and best friend rolled into one, remembers Mindy. Mindy Gray, Chair 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. Gray is president and chief operating officer of Blackstone Group, a New York-based alternative asset manager. . Women with BRCA 2 mutations have a 50-70% lifetime risk of developing breast cancer and a 10-20% lifetime risk of developing ovarian cancer. Stone. In his senior year at University of Pennsylvania, not long before accepting an offer to work at Blackstone Group Inc., Jon Gray put down a book at the library to ask out Mindy Basser. Mindy's sister, Faith with son, Logan. The value of his cash investments is based on an analysis of income, taxes and market performance. Penn graduates Jon Gray, C'92, W'92, and Mindy Basser Gray, C'92, are stepping in to help. Mindy Gray gives a powerfu. He graduated magna cum laude from the University of Pennsylvania in 1992, receiving a degree in economics from the Wharton School as well as an English degree at Penn. The hard part of this is the multigenerational nature. He also serves as Scientific Director of the Ludwig Institute for Cancer Research and professor at The Wistar Institute. Among the unthinkable tragedies of losing her was that she left behind her four-year-old son, Logan, who would no longer have his mom. Their $55 million gift to the University of Pennsylvania creates a spinoff of the Basser Center for BRCA they founded 10 years ago, and brings their total giving to the school to more than $125 million, most of it for science. Jonathan D. Gray (born February 4, 1970) is an American billionaire businessman and the president and chief operating officer of Blackstone Group, a New York-based asset management firm. Copyright 2023, Basser Center for BRCA at Penn Medicine, https://www.youtube.com/channel/UCqj1PAWOYriQ_AC0r2VO7NA/videos. [44], Last edited on 15 February 2023, at 14:27, Global Financial Leaders' Investment Summit, "Jon Gray Skips Party, Afraid Record Buyout Will Fail", "Blackstone Reports Record Year: Jonathan Gray's Real Estate Group Chips In 60% Of The Profits Jewish Business News", "Jonathan Gray, Blackstone's Real Estate Wizard Behind the Curtain" By Matt Chaban, "Jon Gray is the future of Blackstone. Dangs laboratoryhelped define the complex functions of the MYC oncogene and connected MYC to regulation of cancermetabolism. OCRF: What is your hope for the future in terms of research, and the hope it can bring to those affected by ovarian cancer? We are singularly focused on putting ourselves out of businessin funding the research that ultimately develops a tool for early detection and in an ideal world, develops a vaccine and/or cure that will prevent anyone from suffering at the hands of this insidious disease ever again. Women with a BRCA 1 mutation have a 60-80% lifetime risk of developing breast cancer and a 20-45% lifetime risk of developing ovarian cancer. The couple both graduated magna cum laude from the University of Pennsylvania, where he was elected to Phi Beta Kappa. Gray and Mindy Basser have two children. Women with a BRCA 1 mutation have a 60-80% lifetime risk of developing breast cancer and a 20-45% lifetime risk of developing ovarian cancer. [31] This donation also established the Basser Global Prize,[32] honoring cutting-edge cancer research. 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. [27], In February 2023, the Grays were named to The Chronicle of Philanthropys list of the 50 biggest donors in 2022. The Grays donated $25 million to create the Basser Research Center, which focuses on cancer prevention, treatment, and research of BRCA-related, genetically-inherited cancers. Their journey began in 2000, when Mindys older sister, Faith Basser, was diagnosed with ovarian cancer. 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. He began his careerat Johns Hopkins University School of Medicine, where he becameDirector of the Division of Hematology, the Johns Hopkins Family Professor in Oncology Research, the Vice Dean for Research and Director of the Hopkins Institute for Cell Engineering. Chi Van Dang is the Chief Science Advisor for the Gray Foundation. Dana serves on the Board of Peer Health Exchange and on the Presidents Leadership Council and Womens Leadership Council at Brown University. The publicly traded company manages $915 billion in assets as of March 31, 2022.. After organizing the meeting last September, the foundation sought grant proposals from researchers around the world. $5.30B can buy Gray owns 41 million shares and partnership units in Blackstone Group, according to the 2021 annual report. Gray is president and chief operating officer of Blackstone Group, a New York-based alternative asset manager. Mindy Gray is the Co-Founder of theGray Foundation, a private foundation committed to maximizing access to education, healthcare and opportunity for low-income children in New York. Marries Mindy Basser, a fellow University of Pennsylvania student. Charlotte is the Program Officer at the Gray Foundation. Despite our twelve-year age gap, she always treated me like an equal. At Jills suggestion, I reached out to OCRF to ask how I could get involved. [37] This donation brings their total giving to the University of Pennsylvania to over $125 million. . 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 her sister who succumbed to ovarian cancer at the age of 44. [3][4] His father Allen Gray owned a small auto parts manufacturer on the West Side of Chicago (coincidentally named Blackstone Manufacturing); his mother Susan, remarried to his stepfather James Florsheim, ran a catering business. Family members died young and medical records never made it over, so there was simply no history of disease that could be tracked. 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. See the article in its original context from. articles a month for anyone to read, even non-subscribers! Formerly, Jon served as Blackstone's Global Head of Real Estate. The very first event where I volunteered was OCRFs high-end garage sale Super Saturday. OCRF: Why did you join OCRFs Board of Directors? Most are units that are convertible into common stock on a one-for-one basis, according to the document. Pat has served on numerous grant study sections for both national and international organizations. Both Mindy C'92 and Jon Gray C'92 . The Gray Foundation also funds initiatives to advance the care of individuals living with BRCA mutations. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Assumes role of president and chief operating officer of Blackstone. Thinking bigger, we want to develop a preventive vaccine for those not yet affected and a cure for women who are! He is also the President and Chief Operating Officer of Blackstone, one of the world's leading investment firms. We endure this loss each and every day. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. View Mindy Gray results in New York (NY) including current phone number, address, relatives, background check report, and property record with Whitepages. 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. 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. While the average woman has a 12% and 1.3% chance, respectively, of developing breast and ovarian cancer, harmful BRCA mutations increase the chance to as high as 72% and 44%, according to the National Cancer Institute. Get email updates about research news, action alerts and ways to join the fight. The occasion was a fundraiser for the Basser Center for BRCA, which they founded . At Jills suggestion, I reached out to OCRF to ask how I could get involved. [1] He is also chairman of Hilton Worldwide.[2]. [41] In 2021 the Gray Foundation contributed $15 million to a program that opens a college savings account with $100 for every child enrolled in New York City public kindergartens. His father is a senior associate at Premier Business Group, investment advisers in Buffalo Grove, Ill. His stepfather, James Florsheim, is a senior vice president of the Chicago Corporation, an investment bank in Chicago. She holds an MPH from the Harvard T.H. In 2016, he ranked #1 on Commercial Observer's "Power 100" ranking of the most powerful people in New York City real estate. from the Wharton School. Gray was inducted into the Phi Beta Kappa honor society. October 24, 2019 Committed to Inclusion Some of the world's best and brightest students aim their sights at an undergraduate education at Penn, but many lack the resources to embark on this journey. Jonathan Gray was born in 1970 to Chicago entrepreneurs. Mindy Gray: My sister Faith had a BRCA 1 gene mutation. Under the same roof that scientific research is furthered, patients are diagnosed, treated and, we hope someday, CURED. OCRF: As a longtime OCRF Board member, what are your feelings about the organization?
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