No. 18: Theodore and Vada Stanley
February 10, 2014 | Read Time: 1 minute
Amount donated in 2013: $143.5-million
Top beneficiary: Stanley Family Foundation
Other notable gift: Stanley Center for Psychiatric Research at the Broad Institute
Background: Mr. Stanley founded MBI, a Norwalk, Conn., company that develops and markets collectible items.
Mr. Stanley, 81, and his wife, who died in July, gave $132.7-million to their Stanley Family Foundation. They created the foundation in 1985 to support mental-health services, education, and the arts.
The couple also gave $8-million to the Stanley Center for Psychiatric Research at the Broad Institute to support research into mental health and illness, and they gave a total of more than $1-million to other nonprofits, which they declined to name.
In addition, the Stanleys gave $500,000 to A Glimmer of Hope, which fights poverty worldwide, and $250,000 apiece to AmeriCares, an international aid organization; Boys and Girls Clubs of America; the Carter Center, a human-rights group; the Manhattan Institute for Policy Research; and Trickle Up, a global antipoverty organization.
The Philanthropy 50: Browse the full list of America’s most generous donors in 2013.