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Major-Gift Fundraising

No. 18: Theodore and Vada Stanley

Courtesy of Johns Hopkins University Courtesy of Johns Hopkins University

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.

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.