In 2016, it was reported that Gray was under consideration as Treasury Secretary for the incoming presidential administration of Donald Trump. Basser Initiative | Gray Foundation Youre passing this on, and thats why you get these families with the grandmother, the mother, the childrenmultigenerations of cancer. The Gray Foundation is also focused on funding initiatives to advance the care of individuals living with BRCA mutations. Jonathan D. Gray - Wikipedia Gray was born in Highland Park, Illinois to a Jewish family. Mindy Gray: We are ALL IN on this mission and wont stop until progress is made! Penn graduates Jon Gray, C'92, W'92, and Mindy Basser Gray, C'92, are stepping in to help. 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. As a subscriber, you have 10 gift articles to give each month. The bridegroom, 25, is an associate in the real estate department of the Blackstone Group, an investment banking concern in New York. 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. 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 and her husband, Jon, president of the Blackstone investment firm, announced the gift Thursday. Committed to Inclusion | Careers in Development & Alumni Relations The Basser Professorship in Oncology | Endowed - med.upenn.edu Read On, OCRA is the voice for the ovarian cancer community, engaging with policymakers to keep this fight a priority. OCRF: As a longtime OCRF Board member, what are your feelings about the organization? My sister Faith was a serious discount shopper. Jonathan D. Gray Biography, Age, Height, Wife, Net Worth, Family 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. Try telling this to a woman in her 20s who is BRCA-positive and not yet married. 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. No surprise that she was also an incredible, and incredibly doting, mom. Mindy Gray: The ultimate goal of the The Basser Center is eradicating risks from BRCA-related cancers once and for all. It wasnt until after Faiths death that the family found out she inherited mutated BRCA genes. 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. Because of this, the only way to truly reduce risk is removing a womans ovaries (and fallopian tubes). Gray was inducted into the Phi Beta Kappa honor society. 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. Jon and I are both University of Pennsylvania graduates and feel a deep connection to the University. 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. Unfortunately, we did not know this before she was diagnosed with ovarian cancer. Mindy Gray is the Co-Founder of the Gray Foundation. Mindy received her BachelorsofArts in English with a minor in History from the University of Pennsylvania, where she graduatedmagna cum laudein 1992. This field is for validation purposes and should be left unchanged. Try telling this to a woman in her 20s who is BRCA-positive and not yet married. 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. Unfortunately, we did not know this before she was diagnosed with ovarian cancer. Stone. We endure this loss each and every day. So, I became a Board Member in 2004, and an Executive Committee Member in 2007. OCRF: Why did you join OCRFs Board of Directors? Her father owns an advertising agency in Philadelphia that bears his name. Charlotte is the Program Officer at the Gray Foundation. 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. [35] In July 2019, it was announced that the Grays would donate a further $25million for research on pernicious genetic mutations that can lead to breast and ovarian cancer. At Jills suggestion, I reached out to OCRF to ask how I could get involved. Jon currently serves as Chairman of the Board of Hilton Worldwide. 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. 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. A Personal Connection Becomes a Professional Mission, Next: Gray raised the world's largest private real estate fund with $13.3 billion in 2012. She was the best kind of mix of big sister, mother and friend. Learn more about our policy positions and discover how you can take action. [3][4] His father Allen Gray owned a small auto parts manufacturer on the West Side of Chicago (coincidentally named Blackstone Manufacturing); his mother Susan, remarried to his stepfather James Florsheim, ran a catering business. 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. This is a digitized version of an article from The Timess print archive, before the start of online publication in 1996. 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Get email updates about research news, action alerts and ways to join the fight. 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. In our case, it was not that it was overlooked by doctors; it was simply a question of not knowing our family history. 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. He also held an Assistant Professor position at the Johns Hopkins School of Medicine, Department of Pathology, from 1998 until 2012. 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. Chi Van Dang is the Chief Science Advisor for the Gray Foundation. 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. The value of his cash investments is based on an analysis of income, taxes and market performance. 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. The Basser Center was named in honor of Faith Basser, Mindy's sister, who passed away at age 44 from BRCA-related ovarian cancer. I felt the more I was involved, the more I could help this mission. Mindy Basser Gray in KS - Address & Phone Number | Whitepages PDF Basser Mindy Gray, Chair in English from the School of Arts & Sciences and a B.S. This was when I knew that my relationship with OCRF was meant to be. [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. The publicly traded company manages $915 billion in assets as of March 31, 2022.. The new institute will look for innovative ways to detect and treat BRCA-related cancers before surgery, radiation or chemotherapy become the necessary treatment. [8] Gray continues to act as Chairman of the Board of Hilton Worldwide, which went public in December 2013. The Grays donated $25 million to create the Basser Research Center, which focuses on cancer prevention, treatment, and research of BRCA-related, genetically-inherited cancers. . Each net worth figure is updated every business day after the close of trading in New York. . 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. 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.. At the very least, we want to develop a tool that can discover disease well before it presents itself. The Gray Foundation On Tuesday, private equity tycoon Jonathan Gray and his wife Mindy announced $25 million in funding for. Under the same roof that scientific research is furthered, patients are diagnosed, treated and, we hope someday, CURED. [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. No one was better at scooping up a bargain, sniffing out a sale, or stocking up on seriously reduced products than she. 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. The center has been a world leader in BRCA research. Basser Center Advisory Board | Basser Center He became co-head of the real estate group in 2005 and global head of real estate in 2011,[6] overseeing a portfolio of hotel, office, retail, industrial, and residential properties in the U.S., Europe, and Asia. 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. Posted on The hard part of this is the multigenerational nature. OCRF: Tell us about your sister, Faith, your relationship, and her lasting impact on your life that sparked you to create such a tremendous legacy in her name. After organizing the meeting last September, the foundation sought grant proposals from researchers around the world. Mindy Gray: Right now there is no viable tool for early detection of ovarian cancer. #VBGIVESBACK: Mindy Gray and Shari Potter | Veronica Beard 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. Thanks to Faith, I was certainly among the only seven-year-olds seeing the movie Annie Hall the day it was released. Chan School of Public Health in Health Policy and Management and a Bachelor of Arts in Sociology and Education from Colorado College. . The Basser Center is the global leader in funding research, education and care for individuals and their families living withBRCA1/2 mutations. Gray was global head of the firm's real estate business from 2005 into 2018, building it into a $115 billion asset operation. [33] Town & Country (magazine) noted this work in its "Top Philanthropists of 2016" feature, in which the Grays were included. [2] Early life [ edit] Gray was born in Highland Park, Illinois to a Jewish family. Some women with faulty BRCA genes have taken a very proactive approach. 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. My father is 94 and a first-generation American and my mother is first generation as well. The Basser Center was named in honor of Faith Basser, Mindys sister who died ofBRCA-relatedovarian cancer at the age of 44. 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. To preserve these articles as they originally appeared, The Times does not alter, edit or update them. 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. Stakes in publicly traded companies are valued using the share's most recent closing price. [citation needed] In 2019, the Grays announced a $10 million gift to support first-generation, low-income students attending the University of Pennsylvania. The billionaire has collected more than $1 billion in dividends and compensation since 2011, according to data compiled by Bloomberg. He also serves on the board of Harlem Village Academies. Mindy Basser Gray in ME - Address & Phone Number | Whitepages [42], In 1995, Gray married Mindy Basser at Temple Beth Zion Israel in Philadelphia; the ceremony was officiated by Rabbi Ira F. 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. Jon Gray and Mindy Gray - Gray Foundation [6][16], Gray was scheduled to speak at the November 2022 Global Financial Leaders' Investment Summit, with the Hong Kong Democracy Council claiming that his presence, along with other financial executives, legitimizes the Hong Kong government's whitewashing of the erosion of freedoms in the city. The pandemic hasn't changed their philanthropic strategy, but rather has them doubling down, Jon Gray, Blackstone's. Penn News | Careers in Development & Alumni Relations 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. 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. Interview with Mindy Gray by Inspirational Women Series 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 endure this loss each and every day. OCRF: What is your hope for the future in terms of research, and the hope it can bring to those affected by ovarian cancer? 50 insiders reveal how the superinvestor consolidated power, elbowed out rivals, and is remaking the firm in his golden-boy image", "Investment strategy: The new property barons", "Blackstone to Check Out of Hilton Investment", "Blackstone's Hilton Deal: Best Leveraged Buyout Ever - Bloomberg", "40 under 40 - Jonathan Gray (7) - FORTUNE", "Blackstone Exits Single-Family Rental Bet Slammed by Warren", "Wall Street as Landlord: Blackstone Going Public with a $10 Billion Bet on Foreclosed Homes", "Warren Calls Out Blackstone for "Shameless" Profies From Housing", "Blackstone's Homegrown Dealmaker Finally Makes It to the Top", "Opinion | Wall Street Courts Hong Kong Strongman John Lee", "Three Top Bankers Pull Out of Hong Kong's Global Finance Summit", "Trump Said to Discuss Treasury Post With Blackstone's Gray", "Blackstone executive Jonathan Gray won't serve as Treasury secretary", "The Wallets of Wall Street Are With Joe Biden, if Not the Hearts", "Private-Equity Leaders Place Their Presidential Bets", "Joe Biden's fundraiser list includes more than 30 executives with Wall Street ties", "Joe Biden to host more than 250 donors from Wall Street, big business at NYC fundraisers here's the guest list", "Blackstone COO Jonathan Gray On Giving To Education, Cancer Research", "Blackstone President Jonathan Gray Donates $25 Million To Tackle Deadly Breast Cancer Gene", "Basser Center for BRCA Abramson Cancer Center", "Blackstone's Gray Becomes Billionaire Amid Property Wager", "The 2013 Basser Global Prize - Bassser Research Center for BRCA -Penn Medicine", "Penn Medicine's Basser Research Center for BRCA Announces Additional $5 Million Gift from Mindy and Jon Gray to Fund External Research Grant Program", "The T&C 50: The Top Philanthropists of 2016", "Blackstone's Gray Gives $21 Million to Hit Cancer Close to Home", "$55 million gift to Penn is aimed at stopping breast cancer before it starts", "University Of Pennsylvania Receives $55 Million Gift To Study, Treat Hereditary Cancers", "Blackstone's Gray Gives UPenn $55 Million for Cancer Prevention", "New York Seeks to Jump-Start College Savings by Giving Cash to Kindergartners' Parents", "Blackstone's Gray Donates $10 Million for Financial Aid at UPenn", "Money for Kindergartners, Spendable on College", "WEDDINGS - Mindy Basser, Jonathan D. Gray", https://en.wikipedia.org/w/index.php?title=Jonathan_D._Gray&oldid=1139510621, This page was last edited on 15 February 2023, at 14:27. 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. 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. [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. Those who know me know I took this one to heart. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. Jonathan D. Gray Contact Address, Phone Number, Whatsapp Number At the very least, we want to develop a tool that can discover disease well before it presents itself. Both the Chair and the Center are named in honor of Mindy sister, Faith Basser, who died of BRCA-related ovarian cancer at age 44, leaving behind her four-year-old son. Jon currently serves as Chairman of the Board of Hilton Worldwide and is a board member of Invitation Homes. Family members died young and medical records never made it over, so there was simply no history of disease that could be tracked. Thinking bigger, we want to develop a preventive vaccine for those not yet affected and a cure for women who are! Mindy and Jon Gray created the Basser Professorship of Oncology as part of their gift to establish the Basser Center for BRCA in 2012. articles a month for anyone to read, even non-subscribers! He previously served as Director of the Abramson Cancer Center at the University of Pennsylvania Perelman School of Medicine. 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. He joined Blackstone in 1992. 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. Previously, Mindy worked as an editor at Ziff Davis Publishing and then as a marketing executive at Edwin Schlossberg, Inc., an exhibit design firm. This is more proactive investing than reactive, says Mindy Gray. Jon Gray's net worth of [31], In 2016, Gray was named to Vanity Fair's "New Establishment" list. Jon and Mindy Gray's gift will fund an institute focused on early detection of breast, ovarian, pancreatic and prostate cancers. For a young woman to have to prophylactically remove your ovaries is very emotional and also has implications because you immediately go into menopause.. 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. Jon Gray stood by his wife Mindy Tuesday night as they welcomed about a thousand guests to Cipriani Wall Street. Mindy is also 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. We know the pain of losing a loved one and dont want any other family to suffer the way we have. 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. 2023 Ovarian Cancer Research Alliance, Inc. A Personal Connection Becomes a Professional Mission. 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. 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. OCRF: What is the ultimate goal of the Basser Center? 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. This field is for validation purposes and should be left unchanged. 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. Jonathan D. Gray is married to Mindy Basser Gray. The event honored the memory of Marla. Prior to joining the Foundation, Margaret worked at Geller & Company in the Human Capital Department. 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. Maximizing access to education, healthcare and opportunity for low-income youth in New York City. 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. What came out of the meeting was there are still a lot of work to be done in the pre-cancer stage. Previously, Charlotte was the Director of Public Programming at the Seleni Institute, a clinic and nonprofit foundation focused on reproductive and maternal mental health. The Basser enter was named in honor of Faith asser, Mindy's sister who died of BRCA-related ovarian cancer at the age of 44. Mindy Basser Gray in Willows, CA - Address & Phone Number | Whitepages Can We Intercept Cancer? A New Frontier in Cancer Research He joined Blackstone after graduating, working in both the corporate advisory services and private-equity groups. Penn Receives $25 Million Gift to Create Basser Research Center for 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. 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. [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. Despite our twelve-year age gap, she always treated me like an equal. and each individual billionaire profile contains a detailed analysis of how that person's fortune is tallied. OCRF: If you could send one message to ovarian cancer survivors, their caregivers and loved ones, what would it be? She served as the Executive Director of Teach For America - New York, and the Chief Operating Officer of ExpandED Schools. Mr. Gray currently serves as Chairman of the Board of Hilton Worldwide. 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. The publicly traded company manages $915 billion in assets as of March 31, 2022. 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. She was the best kind of mix of big sister, mother and friend. Gray is president and chief operating officer of Blackstone Group, a New York-based alternative asset manager. 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. 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. Get email updates about research news, action alerts and ways to join the fight. 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. $5.30B can buy Gray owns 41 million shares and partnership units in Blackstone Group, according to the 2021 annual report. Read On. The occasion was a fundraiser for the Basser Center for BRCA, which they founded . 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.