2016 has been a great year for philanthropy and has seen many donors emerge. We thought it would be good to look at who made the largest donations of the year and the impact those donations had.
Check the list below to discover our ranking of the 16 biggest charity donors of last year!
#1 First place with two spectacular donations of $500 million and $400 million are the co-founder of Nike Phil Knight and his wife Penny. Knight and his wife donated the money to the University of Oregon in order to establish a new centre for scientific research and Stanford University to establish the Knight-Hennessy Scholars program that provides education to over 100 graduate students each year.
#2 Second place goes to investor-philanthropist Nicolas Berggruen who donated $500 million. Berggruen donated the money to the Berggruen institute which focuses on developing foundational ideas which should shape political, social and economic institutions for the 21st century.
#3 Howard Marcus and his wife Lottie come third with a $400 million donation to the Ben-Gurion University of Negev for endowment and water research, this is the largest amount ever donated to an Israeli university.
#4 The former mayor of New York city Michael Bloomberg is 4th with a donation of $360 million to a variety of organisations such as the International Union Against tuberculosis and Lung Disease or CDC foundation.
#5 Steven Cohen and his wife Alexandra donated $275 million to start the Cohen Veterans Network which will provide mental-health services to former service members and their families.
#6 Founding president of facebook, Sean Parker is 6th with a donation of $250 million to establish the Parker Institute for Cancer Immunotherapy.
#7 Founder of Oracle Larry Ellison donated $200 million to the University of Southern California and established the Lawrence J. Ellison Institute for Transformative Medicine.
#8 Charlie Munger, vice chairman of Berkshire Hathaway donated $200 million to the University of California in Santa Barbara for new student housing.
#9 Sanford Weill and his wife Joan donated $185 million to the University of California at San Francisco which started the Weill Institute for Neurosciences.
#10 COO of Facebook Sheryl Sandberg comes in 10th place with a donation of $107.2 million to the Sheryl Sandberg & Dave Goldberg Family Foundation which supports 2 main initiatives: Lean in (for empowering women) and Option B (to help people face adversity).
#11 Co-founder of Microsoft Paul Allen donated $100 million to establish the Paul G. Allen Frontiers Group, a bioscience research group that aims to create new ways of doing science and solving problems.
#12 Phillip Frost – physician and pharmaceutical company executive – and his wife Patricia donated $100 million to the University of Miami to support applied sciences and engineering.
#13 Co-founder of Dreamworks Studios SKG and founder of Geffen records David Geffen donated $100 million to the Museum of Modern Art in New York to help renovate and expand the museum.
#14 Reed Hastings, the founder of Netflix, earned his spot in our ranking with his $100 million donation to the Silicon Valley Community Foundation and established the Hastings Fund, which is focused on education initiatives.
#15 Robert King, founder of Peninsula Capital, and his wife Dorothy also donated $100 million to Stanford University to fund scholarships for students from underdeveloped countries.
#16 Our 16th largest donor of 2016 is the co-founder of Boston Properties, a real-estate investment trust, Mortimer Zuckerman, donated $100 million to create the Mortimer B. Zuckerman Scholars program in STEM Leadership. This aims to aid collaboration between US and Israeli researchers.
That’s right, twelve people donated more than $ 100 million in 2016.
As more and more people are looking for funding for a wide array of causes, philanthropy is more needed than ever!
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