[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. [43] He lives in Manhattan with his wife and their four daughters. The hard part of this is the multigenerational nature. Jon and Mindy Gray, Penn President Amy Gutmann and some of the freshmen the Grays are supporting. Formerly, Jon served as Blackstone's Global Head of Real Estate. 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. Thinking bigger, we want to develop a preventive vaccine for those not yet affected and a cure for women who are! Dangs laboratoryhelped define the complex functions of the MYC oncogene and connected MYC to regulation of cancermetabolism. 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. We are here to support you and your family, offering layers of support and many ways to connect. Meet Mindy Gray: Wife, Mother, Sister, Philanthropist, and OCRF Board Member. Each net worth figure is updated every business day after the close of trading in New York. This is more proactive investing than reactive, says Mindy Gray. 2023 Ovarian Cancer Research Alliance, Inc. 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. 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. Previously, Mindy worked as an editor at Ziff Davis Publishing and then as a marketing executive at Edwin Schlossberg, Inc., an exhibit design firm. Her father owns an advertising agency in Philadelphia that bears his name. 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. Blackstone has $915 billion in assets under management as of March 31, 2022, according to the company's website. people. As first generation immigrants from Eastern Europe, Mindys parents didnt keep historical family medical records. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. He joined Blackstone after graduating, working in both the corporate advisory services and private-equity groups. 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. [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. Despite our twelve-year age gap, she always treated me like an equal. 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. She holds a Bachelor of Arts in Sociology and Masters in Education Administration, Planning, and Social Policy from Harvard University. 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. [26], As of 2018, Gray had donated $120 million in his lifetime. [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. View Mindy Gray results in New York (NY) including current phone number, address, relatives, background check report, and property record with Whitepages. 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. They have four daughters. We know the pain of losing a loved one and dont want any other family to suffer the way we have. 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. View Mindy Basser Gray's record in Willows, CA including current phone number, address, relatives, background check report, and property record with Whitepages. 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. Mindy Gray: We are ALL IN on this mission and wont stop until progress is made! In January 2014, the Basser Research Center announced an additional $5million gift from the couple to fund an external research grant program. 284 subscribers The biennial Basser Jean Bash fundraiser in Manhattan on November 18, 2019, raised $9 million to support BRCA-related cancer research. It reminds me of investing, where youre a high-conviction investor, says Jon Gray, who made his name as Blackstones real estate baron and was promoted to cofounder Steve Schwarzmans No. [1] He is also chairman of Hilton Worldwide. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. I am also a Philadelphia native and my parents still live there. Chan School of Public Health in Health Policy and Management and a Bachelor of Arts in Sociology and Education from Colorado College. 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. 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. 2023 Ovarian Cancer Research Alliance, Inc. A Personal Connection Becomes a Professional Mission. 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. OCRF: What is your hope for the future in terms of research, and the hope it can bring to those affected by ovarian cancer? Mindy Gray is the Co-Founder of the Gray Foundation. [31], In 2016, Gray was named to Vanity Fair's "New Establishment" list. 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. 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. 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. 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. Gray is president and chief operating officer of Blackstone Group, a New York-based alternative asset manager. Jon and Mindy Graysgift willfund an institute focused on early detectionof breast, ovarian, pancreatic and prostate cancers. [6] Gray withdrew his name from consideration[21] and Steven Mnuchin was eventually nominated and confirmed. Blackstone president Jonathan Gray and his wife, Mindy Gray. There are so many ways to lend a hand, to improve the lives of thousands of patients and their families, and get us one step closer to a cure. Mindy's sister, Faith with son, Logan. She holds an MBA from Harvard Business School and a Bachelor of Arts in Political Science from Brown University. 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. Faith was artistic, creative, musical, and mathematical. [2] Early life [ edit] Gray was born in Highland Park, Illinois to a Jewish family. The question is what is lurking in the normal tissue that begins to look like cancer, and how our immune system reacts to these abnormal cells before they develop cancer, says Dang. Maximizing access to education, healthcare and opportunity for low-income youth in New York City. 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. [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. Unfortunately, we did not know this before she was diagnosed with ovarian cancer. OCRF: What is the ultimate goal of the Basser Center? Because of this, the only way to truly reduce risk is removing a womans ovaries (and fallopian tubes). The couple, both 52, also launched the NYC Kids RISE Save for College Program. We wanted to create a center that would be focused on this mutation, which would provide research, and support, and care, and thats why we founded the Basser Center.. our complete methodology , Design & development: Meet the Basser Advisory Board Members 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. Mindy and Jon Gray created the Basser Professorship of Oncology as part of their gift to establish the Basser Center for BRCA in 2012. Bloomberg reporting. 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. After organizing the meeting last September, the foundation sought grant proposals from researchers around the world. Under the same roof that scientific research is furthered, patients are diagnosed, treated and, we hope someday, CURED. 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. 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. [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. Their journey began in 2000, when Mindys older sister, Faith Basser, was diagnosed with ovarian cancer. 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. . Mindy Gray: Right now there is no viable tool for early detection of ovarian cancer. [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. 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 value of his cash investments is based on an analysis of income, taxes and market performance. The Gray Foundation is also focused on funding initiatives to advance the care of individuals living with BRCA mutations. [5] He was elected Phi Beta Kappa. 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. Thanks to Faith, I was certainly among the only seven-year-olds seeing the movie Annie Hall the day it was released. Christopher Cannon, Dean Halford, Brittany Harris and Julian Burgess, of the total wealth of the 500 richest people in the world, of the top 200 U.S. executives total awarded compensation. Gray was global head of the firm's real estate business from 2005 into 2018, building it into a $115 billion asset operation. [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. Gray was inducted into the Phi Beta Kappa honor society. The very first event where I volunteered was OCRFs high-end garage sale Super Saturday. 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. . Christine Anderson, a spokeswoman for Blackstone, didn't respond to requests for comment on Gray's net worth. Edme Firth Fund for Research in Ovarian Cancer. 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. 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. 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. Gray was born in Highland Park, Illinois to a Jewish family. The center has been a world leader in BRCA research. Jon currently serves as Chairman of the Board of Hilton Worldwide and is a board member of Invitation Homes. OCRF: Why did you join OCRFs Board of Directors? OCRF: As a longtime OCRF Board member, what are your feelings about the organization? Penn graduates Jon Gray, C'92, W'92, and Mindy Basser Gray, C'92, are stepping in to help. 2 as chief operating officer in 2018. The Grays are out to change the landscape with their latest research grants, believing BRCA-related cancers can be dramatically reduced through advanced testings that catch the disease before the cancer forms. [39] Gray serves on the board of The Trinity School, as well as on the board of Harlem Village Academies,[40] a group of charter schools in New York City. 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. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. 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 . In February 2018, he was promoted to president and COO of Blackstone after 13 years as head of the firm's real estate business. 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. 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. Mindy Gray: Faith was my mentor, my guide, my role model. 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. 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. [37] This donation brings their total giving to the University of Pennsylvania to over $125 million. 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 On Tuesday, private equity tycoon Jonathan Gray and his wife Mindy announced $25 million in funding for. 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. The couple has supported the University throughout their 25 years since graduation. Read On, The ovarian cancer community needs you your support, your voice, your passion and commitment. 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. 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.
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