Theres no way to look at ovarian cancer unless you open up a womans body, says Mindy Gray. Dana serves on the Board of Peer Health Exchange and on the Presidents Leadership Council and Womens Leadership Council at Brown University. September 15, 2022 $55 million gift to Penn is aimed at stopping breast cancer before it starts Mindy Gray and her husband, Blackstone president Jon Gray, gave the money in honor of Mindy's sister Faith Basser. Gray was global head of the firm's real estate business from 2005 into 2018, building it into a $115 billion asset operation. I'm a deputy wealth editor covering billionaires and their businesses. Anyone can read what you share. OCRF: What is your hope for the future in terms of research, and the hope it can bring to those affected by ovarian cancer? Gray has been a major Democratic donor, backing Hillary Clinton in 2016[21] and several Democratic presidential candidates in the 2020 election[22][23][24][25], The Gray Foundation was launched in 2014, focusing on inherited BRCA mutations and increasing access to education and healthcare for low-income youth in New York City. The Basser Center Leadership Council tirelessly advocates, informs, and engages on behalf of the . The hard part of this is the multigenerational nature. Mindy Gray: We are ALL IN on this mission and wont stop until progress is made! $5.30B can buy Gray owns 41 million shares and partnership units in Blackstone Group, according to the 2021 annual report. The Grays donated $25million to create the Basser Research Center, which focuses on cancer prevention, treatment, and research of BRCA-related, genetically-inherited cancers. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. Source: Daniel Burke Photo&Video via University of Pennsylvania. Charissa has dedicated the last 25 years to expanding educational opportunity for NYC youth. December 14, 2012 We are here to support you and your family, offering layers of support and many ways to connect. 2 as chief operating officer in 2018. articles a month for anyone to read, even non-subscribers! 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. Previously, Dana was a Vice President at Teach For America and a Vice President at Lazard Freres & Co. She also worked as a consultant at Bain & Company, as well as in the Venture Capital and Investment Banking Groups at Morgan Stanley. Previously, Charlotte was the Director of Public Programming at the Seleni Institute, a clinic and nonprofit foundation focused on reproductive and maternal mental health. [citation needed] In 2019, the Grays announced a $10 million gift to support first-generation, low-income students attending the University of Pennsylvania. 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. 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 . She holds an MPH from the Harvard T.H. OCRF: What is the ultimate goal of the Basser Center? Gray and Mindy Basser were married in 1995 at Temple Beth Zion Israel in Philadelphia, where Rabbi Ira F. Stone performed the service. Mindy Gray: The ultimate goal of the The Basser Center is eradicating risks from BRCA-related cancers once and for all. 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. Their journey began in 2000, when Mindys older sister, Faith Basser, was diagnosed with ovarian cancer. 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. . [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. 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. 1992 College graduate Mindy Gray and 1992 College and Wharton graduate Jonathan Gray made the donation to the Basser Center for BRCA, an institute they founded in 2012 with an earlier $25 million donation in honor of Mindy's sister, Faith Basser, who died of ovarian cancer in 2002. All rights reserved. TimesMachine is an exclusive benefit for home delivery and digital subscribers. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. Maximizing access to education, healthcare and opportunity for low-income youth in New York City. Dana serves on the Board of Peer Health Exchange and on the Presidents Leadership Council and Womens Leadership Council at Brown University. 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. This was when I knew that my relationship with OCRF was meant to be. Mindy Gray and her husband, Jon, president of the Blackstone investment firm, announced the gift Thursday. Read On. They have four daughters. Mindy Gray: The ultimate goal of the The Basser Center is eradicating risks from BRCA-related cancers once and for all. Dang and a group of independent scientists eventually vetted over 50 applications to decide on seven teams with researchers spanning from Harvard and Cornell to Australias QIMR Berghofer and Britains Wellcome Sanger Institute. 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. The bridegroom, 25, is an associate in the real estate department of the Blackstone Group, an investment banking concern in New York. No surprise that she was also an incredible, and incredibly doting, mom. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. Each net worth figure is updated every business day after the close of trading in New York. [8] Gray continues to act as Chairman of the Board of Hilton Worldwide, which went public in December 2013. The publicly traded company manages $915 billion in assets as of March 31, 2022. Under the same roof that scientific research is furthered, patients are diagnosed, treated and, we hope someday, CURED. Chan School of Public Health in Health Policy and Management and a Bachelor of Arts in Sociology and Education from Colorado College. [43] He lives in Manhattan with his wife and their four daughters. 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. [37] This donation brings their total giving to the University of Pennsylvania to over $125 million. 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. Both the Chair and the Center are named in honor of Mindy sister, Faith Basser, who died of BRCA-related ovarian cancer at age 44, leaving behind her four-year-old son. The Gray Foundation is also focused on funding initiatives to advance the care of individuals living with BRCA mutations. 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. 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. She was the best kind of mix of big sister, mother and friend. Since joining Blackstone in 1992, Jon has helped build the largest real estate platform in the world. The very first event where I volunteered was OCRFs high-end garage sale Super Saturday. 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. Jon and Mindy Graysgift willfund an institute focused on early detectionof breast, ovarian, pancreatic and prostate cancers. 2023 Ovarian Cancer Research Alliance, Inc. See the article in its original context from. Faith was artistic, creative, musical, and mathematical. Mindy Gray is a member of the executive committee of the Ovarian Cancer Research Fund Inc., the largest private philanthropy in the United States dedicated exclusively to funding ovarian cancer research. Gray recently donated $10million to purchase a building in northern Manhattan which will serve as the organization's second elementary school. 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. 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. [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. articles a month for anyone to read, even non-subscribers! 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. 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. Jon and I are both University of Pennsylvania graduates and feel a deep connection to the University. [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. 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. A Personal Connection Becomes a Professional Mission, Next: 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.. Through this pivotal initiative, the Basser Center is building a better future for patients and the medical community that serves them. I felt the more I was involved, the more I could help this mission. She holds an MBA from Harvard Business School and a Bachelor of Arts in Political Science from Brown University. He also held an Assistant Professor position at the Johns Hopkins School of Medicine, Department of Pathology, from 1998 until 2012. Mindy Gray: My sister Faith had a BRCA 1 gene mutation. . OCRF: What is the ultimate goal of the Basser Center? [14] The firm would later come under criticism for its business model, and US Senator Elizabeth Warren criticized Blackstone for "shamelessly" profiting from the 2008 housing crisis. He joined Blackstone after graduating, working in both the corporate advisory services and private-equity groups. The Gray Foundation is also focused on funding initiatives to advance the care of individuals living with BRCA mutations. Charissa has served on the boards of Trust for Public Lands - New York, DREAM, and Bronx Childrens Museum. In 2012, Mindy and her husband, Jon Gray, established the Basser Center for BRCA at Penn Medicine's Abramson Cancer Center in honor of Faith. [1] He is also chairman of Hilton Worldwide. Jon Gray is the Co-Founder of the Gray Foundation. [5] He was elected Phi Beta Kappa. 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 and I are both University of Pennsylvania graduates and feel a deep connection to the University. 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. Gray is president and chief operating officer of Blackstone Group, a New York-based alternative asset manager. Unfortunately, we did not know this before she was diagnosed with ovarian cancer. Formerly, Jon served as Blackstone's Global Head of Real Estate. So, I became a Board Member in 2004, and an Executive Committee Member in 2007. Mindy Gray gives a powerfu. After organizing the meeting last September, the foundation sought grant proposals from researchers around the world. Jon currently serves as Chairman of the Board of Hilton Worldwide. 2023 Ovarian Cancer Research Alliance, Inc. All rights reserved. In May 2012, Gray and his wife, Mindy Gray, founded the Basser Research Center, named in honor of Mindy's sister, Faith Basser, who died of ovarian cancer at age 44. [2] Early life [ edit] Gray was born in Highland Park, Illinois to a Jewish family. 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. Pat Morin is the Scientific Advisor for the Gray Foundation. At the time of its . 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. View Mindy Gray results in New York (NY) including current phone number, address, relatives, background check report, and property record with Whitepages. In 2012, Mindy and Jon Gray made a transformative gift to establish the Basser Center for BRCA at Penn Medicine's Abramson ancer Center and to date have given over $55 million towards its mission. 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. Blackstone president Jonathan Gray and his wife, Mindy Gray. 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. Despite our twelve-year age gap, she always treated me like an equal. 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. Most are units that are convertible into common stock on a one-for-one basis, according to the document. Mindy Gray: I have always been impressed with the professionalism and passion that drives both the board and the staff at OCRF. What came out of the meeting was there are still a lot of work to be done in the pre-cancer stage. . 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. Stakes in publicly traded companies are valued using the share's most recent closing price. 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. Were all in on this We plan on doing more, until we find a way where people can say, I can live with a BRCA mutation., This is a BETA experience. Prior to joining the Foundation, Margaret worked at Geller & Company in the Human Capital Department. Joins Blackstone, starts building real estate investments. His mother is a partner in Ferree-Florsheim Catering in Chicago. Mindy's sister, Faith with son, Logan. He is also the President and Chief Operating Officer of Blackstone, one of the world's leading investment firms. [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. Pat has served on numerous grant study sections for both national and international organizations. We know the pain of losing a loved one and dont want any other family to suffer the way we have. 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. 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. Now, Domchek and her colleagues are taking aim at interception. From campus recruiting to executive search, Margarets previous experience includes working at Credit Suisse, Goldman Sachs and Heidrick & Struggles, among others. OCRF: As a longtime OCRF Board member, what are your feelings about the organization? No one was better at scooping up a bargain, sniffing out a sale, or stocking up on seriously reduced products than she. I felt the more I was involved, the more I could help this mission. Valuations are Read On, The ovarian cancer community needs you your support, your voice, your passion and commitment. Youre passing this on, and thats why you get these families with the grandmother, the mother, the childrenmultigenerations of cancer. 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. 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. At the very least, we want to develop a tool that can discover disease well before it presents itself. Charlotte is the Program Officer at the Gray Foundation. This month, the University of Pennsylvania announced a $10 million gift from the couple, . . She died from the illness two years later at age 44. [33] Town & Country (magazine) noted this work in its "Top Philanthropists of 2016" feature, in which the Grays were included. OCRF: If you could send one message to ovarian cancer survivors, their caregivers and loved ones, what would it be? We are here to support you and your family, offering layers of support and many ways to connect. 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. Those who know me know I took this one to heart. Jon received a Bachelor of Science in Economics from the Wharton School, as well as a Bachelor of Arts in English from the College of Arts and Sciences at the University of Pennsylvania. We endure this loss each and every day. Thanks to Faith, I was certainly among the only seven-year-olds seeing the movie Annie Hall the day it was released. In calculating net worth, Bloomberg News strives to provide the most transparent calculations available, He has given many lectures as an invited speaker, and has chaired several scientific symposia. [15], In February 2018, it was announced that Gray would become president and chief operating officer of Blackstone, replacing Hamilton "Tony" James. Jon and Mindy Gray, Penn President Amy Gutmann and some of the freshmen the Grays are supporting. OCRF: If you could send one message to ovarian cancer survivors, their caregivers and loved ones, what would it be? Margaret received her Bachelor of Science in Accounting with a minor in History from the University of Scranton. At Jills suggestion, I reached out to OCRF to ask how I could get involved. Edme Firth Fund for Research in Ovarian Cancer. [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. 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. people. OCRAs support and education programs are available to help you navigate your diagnosis, treatment, and life after cancer. Mindy Gray is the Co-Founder of the Gray Foundation.

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