This is STAGING. For front-end user testing and QA.
The Chronicle of Philanthropy logo

Major-Gift Fundraising

No. 17: Ernest and Evelyn Rady

February 8, 2015 | Read Time: 1 minute

Amount donated in 2014: $121-million

Main beneficiary: Rady Children’s Hospital of San Diego

Background: Mr. Rady founded American Assets, a real-estate development company, and ICW Group Holdings, an insurance company.

Mr. Rady, 77, and his wife, Evelyn, 74, pledged $120-million to Rady Children’s Hospital of San Diego to endow the Rady Pediatric Genomics and Systems Medicine Institute. The couple has been giving to the hospital for 35 years. It was named for the Radys in 2006 when they gave $60-million.

They also pledged $1-million to the University of California at San Diego Rady School of Management for fellowships. The school was named for them in 2004 when they donated $15-million.


About the Author

Senior Editor

Maria directs the Chronicle of Philanthropy’s annual Philanthropy 50, a comprehensive report on America’s most generous donors. She writes about wealthy philanthropists, family and legacy foundations, next generation philanthropy, arts organizations, key trends and insights related to high-net-worth donors, and other topics.