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Foundation Giving

The Biggest Gifts Announced by Individuals in 1997

January 15, 1998 | Read Time: 1 minute

Who Amount Purpose
Ted Turner, founder of Cable News Network $1-Billion To create a foundation to support United Nations programs dealing with humanitarian causes, the environment, and international-relief efforts
Kathryn Albertson, widow of the supermarket-chain founder Joe Albertson $660-million in stock To their foundation in Boise, Idaho.
George Soros, financier $300-million to $500-million For a broad array of programs to benefit Russia.
Nina Mason Pulliam, widow of Eugene Pulliam, founder of Central Newspapers $269-million bequest To establish a fund that will support groups in Arizona and Indiana
Bill Gates, chairman of Microsoft, and his wife, Melinda $200-million To establish the Gates Library Foundation
Leonard Abramson, a health-insurance executive, and his wife, Madlyn $100-million To establish a cancer-research institute at the University of Pennsylvania.
Michael Eisner, chief executive of the Walt Disney Company, and his wife, Jane $89-million in Walt Disney Company stock To the Eisner Foundation in Beverly Hills, Cal.
Enid Goodrich, widow of Pierre Goodrich, a businessman $80-million bequest To the Library Fund, an Indianapolis educational group that seeks to encourage social responsibility.
Harry A. Toulmin, a pharmaceutical executive $67-million trust from his estate To the Georgetown University Medical Center. (The university will receive the trust upon the death of Mr. Toulmin’s widow, Virginia.)
Dwight D. Opperman, publishing magnate and investor $50-million To Drake University in Des Moines, for its capital campaign.


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