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Foundation Giving

Biggest Gifts and Pledges Announced by Individuals, 2002

January 9, 2003 | Read Time: 1 minute

1. Walter Annenberg, publishing executive and philanthropist who died in October $375-million bequest*
» To augment the endowment of the Annenberg Foundation, in St. Davids, Pa.

2. Eli Broad, chairman of SunAmerica, a financial-services company in Los Angeles, and his wife, Edythe $300-million
» To augment the endowment of the Broad Foundation, in Los Angeles

3. Thomas Monaghan, founder of the Domino’s Pizza chain $220-million pledge
» To create Ave Maria University, in Florida

4. David Geffen, a principal partner in the DreamWorks entertainment corporation $200-million pledge
» To endow the School of Medicine at the University of California at Los Angeles

5. Ruth Lilly, an heiress to the Eli Lilly pharmaceutical fortune $200-million pledge
» To create the Ruth Lilly Philanthropic Foundation, in Indianapolis.

6. John A. Jackson, a retired oil and gas executive in Dallas $150-million pledge
» For the endowment of the University of Texas at Austin

7. Irwin Jacobs, president of QualComm, a telecommunications company in San Diego, and his wife, Joan $120-million pledge
» To endow and provide operating support to the San Diego Symphony

8. David A. Harrison III, a retired lawyer, investment banker, and farmer in Hopewell, Va., who died in June $114-million bequest
» To endow the law and medical schools at the University of Virginia

9. Alfred Lerner, former president of the MBNA Corporation, a financial-services company, and his wife, Norma $100-million pledge**
» To establish the Cleveland Clinic Foundation, at Case Western Reserve University

9. Sanford I. Weill, chief executive officer of Citigroup, a financial-services company, and his wife, Joan $100-million pledge
» For the capital campaign at Cornell University’s medical school

* Estimate based on Mr. Annenberg’s will; precise amount could be as much as $425-million and will be determined when the money is distributed to the foundation.

** Mr. Lerner made the gift in June; he died in October.

— Compiled by Serdar Tumgoren