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Major-Gift Fundraising

No. 33: David Rubenstein

David Rubenstein David Rubenstein

February 10, 2013 | Read Time: 1 minute

Amount donated in 2012: $42.5-million

Top beneficiary: Duke University

Other notable gift: $10-million to Memorial Sloan-Kettering Cancer Center

Background: Mr. Rubenstein is a co-founder and the managing director of the Carlyle Group, a private-equity firm.

Mr. Rubenstein, 63, pledged $15-million to Duke University to establish new courses and a business-incubator and mentoring program within the university’s new Innovation and Entrepreneurship Initiative. He also committed $10-million to the Duke athletics department for endowment and other support. Mr. Rubenstein graduated from Duke in 1970.


In addition, Mr. Rubenstein pledged $10-million to Memorial Sloan-Kettering Cancer Center to establish the new David M. Rubenstein Center for Pancreatic Cancer Research; and $7.5-million to the Trust for the National Mall to cover the costs of repairing the Washington National Monument, which was damaged in a 2011 earthquake.

Watch more of this interview at givesmart.org.

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.