[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. Learn more about our policy positions and discover how you can take action. In 1992, Gray joined Blackstone's mergers and acquisitions and private equity group,[5] and joined its newly formed real estate private equity group the following year. [27], In February 2023, the Grays were named to The Chronicle of Philanthropys list of the 50 biggest donors in 2022. 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. No surprise that she was also an incredible, and incredibly doting, mom. Mindy Gray: Right now there is no viable tool for early detection of ovarian cancer. Mindy Gray: Faith was my mentor, my guide, my role model. The Gray Foundation is also focused on funding initiatives to advance the care of individuals living with BRCA mutations. My father is 94 and a first-generation American and my mother is first generation as well. Joins Blackstone, starts building real estate investments. Anyone can read what you share. Read On. 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. December 14, 2012 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. 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. Partner Member Profile: Bright Pink. View Mindy Basser Gray results in Maine (ME) including current phone number, address, relatives, background check report, and property record with Whitepages. As first generation immigrants from Eastern Europe, Mindys parents didnt keep historical family medical records. [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. Mindy Gray: I have always been impressed with the professionalism and passion that drives both the board and the staff at OCRF. 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 currently serves as Chairman of the Board of Hilton Worldwide and is a board member of Invitation Homes. He joined Blackstone in 1992. Penn graduates Jon Gray, C'92, W'92, and Mindy Basser Gray, C'92, are stepping in to help. Gray and Mindy Basser have two children. Gift will support first-generation, low-income students, Grays also founded Basser Center for BRCA at their alma mater. In calculating net worth, Bloomberg News strives to provide the most transparent calculations available, She is the Vice-Chairperson and Treasurer of the NYC Kids RISE Board and a member of the Basser Leadership Council at the Abramson Cancer Center at the University of Pennsylvania. 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. He also serves as the Executive Director, Strategic Alliances of the Abramson Cancer Center at the University of Pennsylvania. At Jills suggestion, I reached out to OCRF to ask how I could get involved. 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. The Gray Foundation is also focused on funding initiatives to advance the care of individuals living with BRCA mutations. OCRF: What is your hope for the future in terms of research, and the hope it can bring to those affected by ovarian cancer? [5] In 1992, Gray graduated from the University of Pennsylvania magna cum laude with a B.A. From campus recruiting to executive search, Margarets previous experience includes working at Credit Suisse, Goldman Sachs and Heidrick & Struggles, among others. 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. 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. The billionaire has collected more than $1 billion in dividends and compensation since 2011, according to data compiled by Bloomberg. Posted on The psychological weight of this is very significant to families, says Jon Gray, who sees more symposiums and research funding in his foundations future. 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. You may opt-out by. Learn more about our policy positions and discover how you can take action. He also serves on the board of Corebridge and Harlem Village Academies. Chan School of Public Health in Health Policy and Management and a Bachelor of Arts in Sociology and Education from Colorado College. 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. We are here to support you and your family, offering layers of support and many ways to connect. 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. Pat holds Bachelors and Masters degrees in biophysics from the University of Quebec, Canada and obtained his Ph.D. in molecular biology from Boston University. Jon and Mindy Gray, Penn President Amy Gutmann and some of the freshmen the Grays are supporting. From our very first visit to the Abramson Cancer Center within which The Basser Research Center is housed, we were impressed with its beaker to bedside capabilities. [31], In 2016, Gray was named to Vanity Fair's "New Establishment" list. 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. 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. 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. It wasnt until after Faiths death that the family found out she inherited mutated BRCA genes. 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. 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. The new institute will look for innovative ways to detect and treat BRCA-related cancers before surgery, radiation or chemotherapy become the necessary treatment. 2023 Ovarian Cancer Research Alliance, Inc. All rights reserved. The couple, both 52, also launched the NYC Kids RISE Save for College Program. The Basser Center Leadership Council tirelessly advocates, informs, and engages on behalf of the . [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. The Gray Foundation On Tuesday, private equity tycoon Jonathan Gray and his wife Mindy announced $25 million in funding for. See the article in its original context from. 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 serves as a board member of the Pension Real Estate Association and Trinity School and is chairman of the board of Harlem Village Academies. The Basser Jean Bash fundraiser in New York City on November 15, 2022, raised $17 million to support BRCA-related cancer research. He also serves as Scientific Director of the Ludwig Institute for Cancer Research and professor at The Wistar Institute. 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. articles a month for anyone to read, even non-subscribers! Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest 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. We knew then that we did not want other families to ever suffer in the way that we had. 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. At Jills suggestion, I reached out to OCRF to ask how I could get involved. 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. He also serves on the board of Harlem Village Academies and Trinity School. Their journey began in 2000, when Mindys older sister, Faith Basser, was diagnosed with ovarian cancer. Jon Gray stood by his wife Mindy Tuesday night as they welcomed about a thousand guests to Cipriani Wall Street. Under the same roof that scientific research is furthered, patients are diagnosed, treated and, we hope someday, CURED. Blackstone Inc.s Jon Gray and his wife,Mindy, are funding an institute at their alma mater focused on early detection and prevention of breast, ovarian, pancreatic and prostate cancers. 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: My sister Faith had a BRCA 1 gene mutation. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. Mindy Gray: We are ALL IN on this mission and wont stop until progress is made! 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. View Mindy Basser Gray's record in Shawnee, KS including current phone number, address, relatives, background check report, and property record with Whitepages. 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. Gray was inducted into the Phi Beta Kappa honor society. Gray is president and chief operating officer of Blackstone Group, a New York-based alternative asset manager. We know the pain of losing a loved one and dont want any other family to suffer the way we have. 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. They have since dedicated their lives to the research and awareness of BRCA- related . Formerly, Jon served as Blackstone's Global Head of Real Estate. Formerly, Jon served as Blackstone's Global Head of Real Estate. Thanks to Faith, I was certainly among the only seven-year-olds seeing the movie Annie Hall the day it was released. We know the pain of losing a loved one and dont want any other family to suffer the way we have. Charissa has dedicated the last 25 years to expanding educational opportunity for NYC youth. "[18] Gray later contracted COVID-19 and sent CFO Michael Chae to the event instead.[19]. 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. . . Faith was artistic, creative, musical, and mathematical. in English from the School of Arts & Sciences and a B.S. She holds a Bachelor of Arts in Sociology and Masters in Education Administration, Planning, and Social Policy from Harvard University. The hard part of this is the multigenerational nature. Meet Mindy Gray: Wife, Mother, Sister, Philanthropist, and OCRF Board Member. 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. Blackstone has $915 billion in assets under management as of March 31, 2022, according to the company's website. Charissa has served on the boards of Trust for Public Lands - New York, DREAM, and Bronx Childrens Museum. He is also the President and Chief Operating Officer of Blackstone, one of the world's leading investment firms. 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. Mr. Gray previously served as the firm's Global Head of Real Estate, which he helped to build into the largest real estate platform in the world. 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. View Mindy Gray results in New York (NY) including current phone number, address, relatives, background check report, and property record with Whitepages. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. 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. . Get email updates about research news, action alerts and ways to join the fight. Jonathan D. Gray is born to Chicago entrepreneurs. OCRF: Why did you join OCRFs Board of Directors? 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. 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. My sister Faith was a serious discount shopper. [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. 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. Posted on December 14, 2012 in Community, Prev: A Personal Connection Becomes a Professional Mission, Next: Partner Member Profile: Bright Pink. She holds an MBA from Harvard Business School and a Bachelor of Arts in Political Science from Brown University. 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.. articles a month for anyone to read, even non-subscribers!