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. He is also the President and Chief Operating Officer of Blackstone, one of the world's leading investment firms. This is more proactive investing than reactive, says Mindy Gray. Gift will support first-generation, low-income students, Grays also founded Basser Center for BRCA at their alma mater. Read On, The ovarian cancer community needs you your support, your voice, your passion and commitment. 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. Can We Intercept Cancer? A New Frontier in Cancer Research Read On, The ovarian cancer community needs you your support, your voice, your passion and commitment. 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. The Gray Foundation is also focused on funding initiatives to advance the care of individuals living with BRCA mutations. For a young woman to have to prophylactically remove your ovaries is very emotional and also has implications because you immediately go into menopause.. 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. 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. 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. View Mindy Basser Gray's record in Puyallup, WA including current phone number, address, relatives, background check report, and property record with Whitepages. [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. Stone. As first generation immigrants from Eastern Europe, Mindys parents didnt keep historical family medical records. 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. 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. He also held an Assistant Professor position at the Johns Hopkins School of Medicine, Department of Pathology, from 1998 until 2012. 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. This field is for validation purposes and should be left unchanged. Improving Health through Inclusion | Inspiring Impact Stories I'm a deputy wealth editor covering billionaires and their businesses. 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. $5.30B can buy Gray owns 41 million shares and partnership units in Blackstone Group, according to the 2021 annual report. Gray was inducted into the Phi Beta Kappa honor society. Posted on December 14, 2012 in Community, Prev: A Personal Connection Becomes a Professional Mission, Next: Partner Member Profile: Bright Pink. We endure this loss each and every day. Mindy and Jon Gray graduated from Penn in 1992. Chi Van Dang is the Chief Science Advisor for the Gray Foundation. OCRF: If you could send one message to ovarian cancer survivors, their caregivers and loved ones, what would it be? 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. Mindy and Jon Gray at UPenn, where they met as undergrads. 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. Those who know me know I took this one to heart. We had an engineer from MIT in the meeting, and theyre on standby to work with the other groups and say, if you guys find some signals for early cancers, we can build new drugs that will go right after those cells specifically and eradicate them.. Blackstone's Gray Gives UPenn $55 Million for Cancer Prevention So, I became a Board Member in 2004, and an Executive Committee Member in 2007. and each individual billionaire profile contains a detailed analysis of how that person's fortune is tallied. 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. 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. Source: Daniel Burke Photo&Video via University of Pennsylvania. No surprise that she was also an incredible, and incredibly doting, mom. Dana Zucker is the Chief Executive Officer of the Gray Foundation. Jon Gray's net worth of Blackstone President Jonathan Gray Donates $25 Million To - Forbes 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. [5] He was elected Phi Beta Kappa. 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. Faith was artistic, creative, musical, and mathematical. 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. Because of this, the only way to truly reduce risk is removing a womans ovaries (and fallopian tubes). The very first event where I volunteered was OCRFs high-end garage sale Super Saturday. Read On. Bloomberg reporting. Jonathan D. Gray - Wikipedia Most are units that are convertible into common stock on a one-for-one basis, according to the document. Faith was artistic, creative, musical, and mathematical. We know the pain of losing a loved one and dont want any other family to suffer the way we have. Gray was global head of the firm's real estate business from 2005 into 2018, building it into a $115 billion asset operation. No surprise that she was also an incredible, and incredibly doting, mom. Mindy Gray: Faith was my mentor, my guide, my role model. Basser Center Advisory Board | Basser Center He also serves as the Executive Director, Strategic Alliances of the Abramson Cancer Center at the University of Pennsylvania. 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. See the article in its original context from. 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. Mindy Gray: My sister Faith had a BRCA 1 gene mutation. 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. in English from the School of Arts & Sciences and a B.S. 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. 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. 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. In 2018, he gave $23 million, ranking #49 on Forbes' America's Top 50 Givers. Learn more about our policy positions and discover how you can take action. University Of Pennsylvania Receives $55 Million Gift To Study, Treat 284 subscribers The biennial Basser Jean Bash fundraiser in Manhattan on November 18, 2019, raised $9 million to support BRCA-related cancer research. The Basser Center was named in honor of Faith Basser, Mindys sister, who passed away at age 44 from BRCA-related ovarian cancer. OCRF: What is your hope for the future in terms of research, and the hope it can bring to those affected by ovarian cancer? The event honored the memory of Marla. They have 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. Community, Prev: [1] He is also chairman of Hilton Worldwide.[2]. OCRF: What is the ultimate goal of the Basser Center? This was when I knew that my relationship with OCRF was meant to be. OCRF: As a longtime OCRF Board member, what are your feelings about the organization? [27][29] In May 2012, Gray and his wife, Mindy Gray, founded the Basser Research Center,[30] named in honor of Mindy's sister, Faith Basser, who died of ovarian cancer at age 44. Christine Anderson, a spokeswoman for Blackstone, didn't respond to requests for comment on Gray's net worth. 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. . View Mindy Basser Gray's record in Shawnee, KS including current phone number, address, relatives, background check report, and property record with Whitepages. 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. The Gray Foundation also funds initiatives to advance the care of individuals living with BRCA mutations. The value of his cash investments is based on an analysis of income, taxes and market performance. Previously, Mindy worked as an editor at Ziff Davis Publishing and then as a marketing executive at Edwin Schlossberg, Inc., an exhibit design firm. Prior to joining the Foundation, Margaret worked at Geller & Company in the Human Capital Department. [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. Mindy Gray | Basser Center 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. 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. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. Basser Jean Bash 2019: Mindy and Jon Gray - YouTube Learn more about our policy positions and discover how you can take action. He also serves on the board of Harlem Village Academies. At the very least, we want to develop a tool that can discover disease well before it presents itself. To preserve these articles as they originally appeared, The Times does not alter, edit or update them. This is a digitized version of an article from The Timess print archive, before the start of online publication in 1996. Mindy Gray: Mother, Sister, Philanthropist, Board Member - OCRA OCRF: Tell us about the path that led you and Jon to together create the Basser Research Center with a $25 million gift to the University of Pennsylvania. Penn Receives $25 Million Gift to Create Basser Research Center for 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. Previously he was Senior Director of Scientific Review and Grants Administration at the American Association for Cancer Research (AACR), where he oversaw the selection, administration, and oversight of a large grant portfolio. . Because of this, the only way to truly reduce risk is removing a womans ovaries (and fallopian tubes). Read On, OCRA is the voice for the ovarian cancer community, engaging with policymakers to keep this fight a priority. 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. 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. A Personal Connection Becomes a Professional Mission, Next: 2023 Ovarian Cancer Research Alliance, Inc. A Personal Connection Becomes a Professional Mission. [8] Gray continues to act as Chairman of the Board of Hilton Worldwide, which went public in December 2013. Their journey began in 2000, when Mindys older sister, Faith Basser, was diagnosed with ovarian cancer. Jon and Mindy Gray founded the Gray Foundation in 2014, with two distinct missions: BRCA-Related Cancers, accelerating research, improving treatment and raising awareness for individuals who have inherited BRCA mutations. [26], As of 2018, Gray had donated $120 million in his lifetime. Penn alumni donate $55 million to Basser Center for BRCA to research His mother is a partner in Ferree-Florsheim Catering in Chicago. "[18] Gray later contracted COVID-19 and sent CFO Michael Chae to the event instead.[19]. My sister Faith was a serious discount shopper. My father is 94 and a first-generation American and my mother is first generation as well. He joined Blackstone after graduating, working in both the corporate advisory services and private-equity groups. [6] Gray withdrew his name from consideration[21] and Steven Mnuchin was eventually nominated and confirmed. The couple, both 52, also launched the NYC Kids RISE Save for College Program. Bloomberg Billionaires Index - Jon Gray The index is a dynamic measure of personal wealth based on changes in markets, the economy and Joins Blackstone, starts building real estate investments. We are here to support you and your family, offering layers of support and many ways to connect. Mindy Gray: Right now there is no viable tool for early detection of ovarian cancer. The publicly traded company manages $915 billion in assets as of March 31, 2022. Jon and I are both University of Pennsylvania graduates and feel a deep connection to the University. 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. I felt the more I was involved, the more I could help this mission. articles a month for anyone to read, even non-subscribers!