Anyone can read what you share. 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. Unfortunately, we did not know this before she was diagnosed with ovarian cancer. Penn graduates Jon Gray, C'92, W'92, and Mindy Basser Gray, C'92, are stepping in to help. 2023 Ovarian Cancer Research Alliance, Inc. All rights reserved. "[18] Gray later contracted COVID-19 and sent CFO Michael Chae to the event instead.[19]. [2] Early life [ edit] Gray was born in Highland Park, Illinois to a Jewish family. Community, Prev: [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. Mindy Gray: Faith was my mentor, my guide, my role model. 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. Learn more about our policy positions and discover how you can take action. Our cross-institutional collaboration is transforming treatment and prevention methods for individuals and families affected by BRCA mutations. Shari and her husband, Len Potter, created the Basser Global Prize initiative at the Center to fund BRCA research. She died from the illness two years later at age 44. 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. Chi Van Dang is the Chief Science Advisor for the Gray Foundation. He also held an Assistant Professor position at the Johns Hopkins School of Medicine, Department of Pathology, from 1998 until 2012. or the first in their families to attend collegethe latter being a group that is particularly close to heart for Mindy Gray, . 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. 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. Her mother is a legal assistant at Schubert, Bellwoar, Mallon & Walheim, a law firm in Philadelphia. Read On. The hope is eventually BRCA-related cancers can be screened and treated at its earliest stages, rendering risk reduction surgeries obsolete. He is also the President and Chief Operating Officer of Blackstone, one of the world's leading investment firms. Jon Gray stood by his wife Mindy Tuesday night as they welcomed about a thousand guests to Cipriani Wall Street. [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: We are ALL IN on this mission and wont stop until progress is made! 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. people. She is the Chair of the NYC Kids RISE Board and a member of the Basser Leadership Council at the Abramson Cancer Center at the University of Pennsylvania. My sister Faith was a serious discount shopper. Source: Daniel Burke Photo&Video via University of Pennsylvania. Mindy Gray gives a powerfu. and each individual billionaire profile contains a detailed analysis of how that person's fortune is tallied. in English from the School of Arts & Sciences and a B.S. Thinking bigger, we want to develop a preventive vaccine for those not yet affected and a cure for women who are! 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. Dana Zucker is the Chief Executive Officer of the Gray Foundation. 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. Blackstone has $915 billion in assets under management as of March 31, 2022, according to the company's website. [31] This donation also established the Basser Global Prize,[32] honoring cutting-edge cancer research. articles a month for anyone to read, even non-subscribers! 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. Learn more about our policy positions and discover how you can take action. 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. Assumes role of president and chief operating officer of Blackstone. Jon and I are both University of Pennsylvania graduates and feel a deep connection to the University. In 2016, he ranked #1 on Commercial Observer's "Power 100" ranking of the most powerful people in New York City real estate. The Gray Foundation is also focused on funding initiatives to advance the care of individuals living with BRCA mutations. Thanks to Faith, I was certainly among the only seven-year-olds seeing the movie Annie Hall the day it was released. OCRF: What is the ultimate goal of the Basser Center? We know the pain of losing a loved one and dont want any other family to suffer the way we have. This is a digitized version of an article from The Timess print archive, before the start of online publication in 1996. She and her husband Jon reside in NYC where they are raising their four daughters. 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. 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. The Basser Center was established in 2012 with support from Penn alumni Mindy and Jon Gray in honor of Mindy's sister Faith Basser, who died of BRCA-related ovarian cancer at age 44. Dana serves on the Board of Peer Health Exchange and on the Presidents Leadership Council and Womens Leadership Council at Brown University. He joined Blackstone after graduating, working in both the corporate advisory services and private-equity groups. The pandemic hasn't changed their philanthropic strategy, but rather has them doubling down, Jon Gray, Blackstone's. 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. Blackstone raises $335 million for first real estate fund. [15], In February 2018, it was announced that Gray would become president and chief operating officer of Blackstone, replacing Hamilton "Tony" James. 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. Previously, Mindy worked as an editor at Ziff Davis Publishing and then as a marketing executive at Edwin Schlossberg, Inc., an exhibit design firm. The new institute will look for innovative ways to detect and treat BRCA-related cancers before surgery, radiation or chemotherapy become the necessary treatment. The veteran oncology researcher quickly came up with an idea: To host a symposium where leading BRCA experts could gather and discuss issues in the field. OCRF: Why did you join OCRFs Board of Directors? 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 its mission. OCRF: What is your hope for the future in terms of research, and the hope it can bring to those affected by ovarian cancer? 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. 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. Get email updates about research news, action alerts and ways to join the fight. Joins Blackstone, starts building real estate investments. Family members died young and medical records never made it over, so there was simply no history of disease that could be tracked. 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. Bloomberg reporting. Mindy Gray: I have always been impressed with the professionalism and passion that drives both the board and the staff at OCRF. My sister Faith was like a mother and best friend rolled into one, remembers Mindy. My sister Faith was a serious discount shopper. The hard part of this is the multigenerational nature. Meet Mindy Gray: Wife, Mother, Sister, Philanthropist, and OCRF Board Member. 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. Mindy Gray: Faith was my mentor, my guide, my role model. 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. 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. 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. TimesMachine is an exclusive benefit for home delivery and digital subscribers. Mr. Gray currently serves as Chairman of the Board of Hilton Worldwide. [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. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. . Though breast cancer can be screened through mammograms and MRIs, tests and prevention for ovarian cancer remain elusive, and the disease often flies under the radar until its later stages. [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. She holds an MPH from the Harvard T.H. . 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. 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. I felt the more I was involved, the more I could help this mission. The Gray Foundation is also focused on funding initiatives to advance the care of individuals living with BRCA mutations. . The Basser Center was named in honor of Faith Basser, Mindy's sister, who passed away at age 44 from BRCA-related ovarian cancer. Were going out and asking them to think outside the box. The granteessome of whom are analyzing precancerous tissue while others are working on early detection methodswill meet again this winter to discuss and collaborate on their findings. [8] Gray continues to act as Chairman of the Board of Hilton Worldwide, which went public in December 2013. The Gray Foundation is also focused on I'm a deputy wealth editor covering billionaires and their businesses. At the very least, we want to develop a tool that can discover disease well before it presents itself. Edme Firth Fund for Research in Ovarian Cancer. Mindy Gray: My sister Faith had a BRCA 1 gene mutation. [5] In August 2013, Bloomberg estimated his net worth at just over $1.0billion due to his owning 40.6million Blackstone shares valued at $913million combined with over $120million in bonuses and salary. She also previously directed the NYC Department of Educations Office of Strategic Partnerships, ran after-school and summer programs in the Bronx and Washington Heights, and taught English at Riverdale Country School. Stakes in publicly traded companies are valued using the share's most recent closing price. Pat has served on numerous grant study sections for both national and international organizations. OCRF: Why did you join OCRFs Board of Directors? The publicly traded company manages $915 billion in assets as of March 31, 2022.. I am also a Philadelphia native and my parents still live there. This was when I knew that my relationship with OCRF was meant to be. Mindy Gray: Right now there is no viable tool for early detection of ovarian cancer. In our case, it was not that it was overlooked by doctors; it was simply a question of not knowing our family history. Stone. [5] His parents divorced when he was young. [5] In 1992, Gray graduated from the University of Pennsylvania magna cum laude with a B.A. Dangs laboratoryhelped define the complex functions of the MYC oncogene and connected MYC to regulation of cancermetabolism. 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. 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. Penn graduates Jon Gray, C'92, W'92, and Mindy Basser Gray, C'92, are stepping in to help. . He also serves on the board of Corebridge and Harlem Village Academies. [34], In May 2017, the Grays announced they would be donating $21million to the Basser Center for BRCA at the University of Pennsylvania, bringing their total pledges to the initiative to $55million. Jon currently serves as Chairman of the Board of Hilton Worldwide and is a board member of Invitation Homes. 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 . Their journey began in 2000, when Mindys older sister, Faith Basser, was diagnosed with ovarian 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. Try telling this to a woman in her 20s who is BRCA-positive and not yet married. 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. Through this pivotal initiative, the Basser Center is building a better future for patients and the medical community that serves them. Previously, Mindy worked as an editor at Ziff Davis Publishing and as a marketing executive at Edwin Schlossberg, Inc. Mindy received her Bachelor of Arts in English with a minor in History from the University of Pennsylvania. Gray was inducted into the Phi Beta Kappa honor society. 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. 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. Since joining Blackstone in 1992, Jon has helped build the largest real estate platform in the world with $115 billion in investor capital under management. Mindy Gray is the Co-Founder of the Gray Foundation. Each net worth figure is updated every business day after the close of trading in New York. Charlotte is the Program Officer at the Gray Foundation. Jonathan D. Gray is born to Chicago entrepreneurs. 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. We knew then that we did not want other families to ever suffer in the way that we had. Because of this, the only way to truly reduce risk is removing a womans ovaries (and fallopian tubes). She was the best kind of mix of big sister, mother and friend. 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 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. Jon and I are both University of Pennsylvania graduates and feel a deep connection to the University. Thinking bigger, we want to develop a preventive vaccine for those not yet affected and a cure for women who are! The couple, both 52, also launched the NYC Kids RISE Save for College Program. In 2018, he gave $23 million, ranking #49 on Forbes' America's Top 50 Givers. Mindy received her BachelorsofArts in English with a minor in History from the University of Pennsylvania, where she graduatedmagna cum laudein 1992. Jon Gray's net worth of Mindy and Jon Gray at UPenn, where they met as undergrads. 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. The event honored the memory of Marla. 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. This month, the University of Pennsylvania announced a $10 million gift from the couple, . We endure this loss each and every day. Last week, the couple, married for 24 years, were back on campus for a study break with a different kind of chemistry: after visiting Bennett Hall where they took a Romantic poetry class together, they walked across the quad to meet the freshmen whose tuition and expenses theyve agreed to cover for the next four years. Mindy Gray and her husband, Jon, president of the Blackstone investment firm, announced the gift Thursday. Charissa has served on the boards of Trust for Public Lands - New York, DREAM, and Bronx Childrens Museum. He previously served as Director of the Abramson Cancer Center at the University of Pennsylvania Perelman School of Medicine. His mother is a partner in Ferree-Florsheim Catering in Chicago. [6] Gray withdrew his name from consideration[21] and Steven Mnuchin was eventually nominated and confirmed. The donation was made to establish and fund the Cancer . Mindy Gray: My sister Faith had a BRCA 1 gene mutation. I felt the more I was involved, the more I could help this mission. Unfortunately, we did not know this before she was diagnosed with ovarian cancer. Meet Rajiv Jain, The Asset Management Billionaire Backing The Embattled Adani Group, Inside Mediobanca, The Investment Bank Making Record Profits Taking Italys Biggest Brands Public, Checks & Imbalances: Trump Collaborates On Song With Jan. 6 Prisoners, Ethics Panel Publishes Inquiry Into AOC, Trump And Jan. 6 Prisoners Collaborate On New Song Called Justice For All, Alexandria Ocasio-Cortez Likely Violated Ethics Laws With Met Gala Appearance, Says House Ethics Office, Exclusive: Mark Zuckerberg And Priscilla Chan On Their New Biohub In Chicago And How They Plan To Spend Billions To Help Others Cure Or Manage Disease, Exclusive: New Investigation Reveals Gautam Adanis Older Brother As Key Player In Adani Groups Biggest Deals, Checks & Imbalances: Trumps Tower Of Lies, Pompeos Book Sales. OCRF: As a longtime OCRF Board member, what are your feelings about the organization? 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. [1] He is also chairman of Hilton Worldwide. [42], In 1995, Gray married Mindy Basser at Temple Beth Zion Israel in Philadelphia; the ceremony was officiated by Rabbi Ira F. Margaret received her Bachelor of Science in Accounting with a minor in History from the University of Scranton. All rights reserved. OCRF: What is the ultimate goal of the Basser Center? 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. Jonathan D. Gray is married to Mindy Basser Gray. The publicly traded company manages $915 billion in assets as of March 31, 2022. Chan School of Public Health in Health Policy and Management and a Bachelor of Arts in Sociology and Education from Colorado College. The billionaire has collected more than $1 billion in dividends and compensation since 2011, according to data compiled by Bloomberg. Mindy and John Gray have now committed more than $125 million to the University of Pennsylvania over the last decade, including a $25 million gift that created the Basser Center in 2012 in. Previously, Charlotte was the Director of Public Programming at the Seleni Institute, a clinic and nonprofit foundation focused on reproductive and maternal mental health. 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. It wasnt until after Faiths death that the family found out she inherited mutated BRCA genes. 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. 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. Margaret is the Executive Assistant at the Gray Foundation. Graduates magna cum laude from University of Pennsylvania. He also serves as the Executive Director, Strategic Alliances of the Abramson Cancer Center at the University of Pennsylvania. $5.30B can buy Gray owns 41 million shares and partnership units in Blackstone Group, according to the 2021 annual report. 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. They have four daughters. 2023 Ovarian Cancer Research Alliance, Inc. A Personal Connection Becomes a Professional Mission. So, I became a Board Member in 2004, and an Executive Committee Member in 2007. 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. [33] Town & Country (magazine) noted this work in its "Top Philanthropists of 2016" feature, in which the Grays were included. Jon currently serves as Chairman of the Board of Hilton Worldwide. Mindy Gray: I have always been impressed with the professionalism and passion that drives both the board and the staff at OCRF. Faith was artistic, creative, musical, and mathematical. Get email updates about research news, action alerts and ways to join the fight. Family members died young and medical records never made it over, so there was simply no history of disease that could be tracked. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest articles a month for anyone to read, even non-subscribers! 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. 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. December 14, 2012 OCRAs support and education programs are available to help you navigate your diagnosis, treatment, and life after cancer. 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. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. From campus recruiting to executive search, Margarets previous experience includes working at Credit Suisse, Goldman Sachs and Heidrick & Struggles, among others. The Gray Foundation is also focused on funding initiatives to advance the care of individuals living with BRCA mutations. [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. Penn graduates Jon Gray, C'92, W'92, and Mindy Basser Gray, C'92, are stepping in to help. 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. 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. We know a lot when patients present cancer, we know what they have, what are the genetic changes that lead to the cancer. Mindy and Jon Gray graduated from Penn in 1992. At Jills suggestion, I reached out to OCRF to ask how I could get involved. 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. 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. The index is a dynamic measure of personal wealth based on changes in markets, the economy and 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.
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