No. 22: Sanford and Joan Weill
February 10, 2014 | Read Time: 1 minute
Amount donated in 2013: $118.1-million
Top beneficiary: Weill Cornell Medical College
Other notable gift: Carnegie Hall
Background: Mr. Weill retired in 2006 as chairman of Citigroup, a financial-services company.
Mr. and Ms. Weill, 80 and 79, respectively, pledged $100-million to Weill Cornell Medical College for two new research centers: the Joan and Sanford I. Weill Cancer Research Center and the Joan and Sanford I. Weill Metabolic Syndrome Center. To date, the couple has given a total of more than $600-million the medical college and to Cornell University.
The couple also gave $10-million to Carnegie Hall, where Mr. Weill serves as chairman of the institution’s Board of Trustees. The money will be used to renovate Carnegie Hall’s backstage areas and its upper floors.
In addition, the Weills gave $6.6-million to their Weill Family Foundation, which supports a variety of causes. The foundation awarded a total of nearly $1.3-million last year including a $1-million grant to Sonoma Valley Hospital for its emergency center. The couple gave additional donations of about $1.5-million to arts, education, health care, and social-service groups.
The Philanthropy 50: Browse the full list of America’s most generous donors in 2013.
Learn more: See these donors’ listing in our database of major gifts, America’s Top Donors.