No one was better at scooping up a bargain, sniffing out a sale, or stocking up on seriously reduced products than she. He has led the privatization of public real estate companies valued at more than $100 billion, including Extended Stay America, Carr America, Equity Office Properties and Hilton Hotels. OCRF: As a longtime OCRF Board member, what are your feelings about the organization? She died from the illness two years later at age 44. Jon Gray stood by his wife Mindy Tuesday night as they welcomed about a thousand guests to Cipriani Wall Street. This was when I knew that my relationship with OCRF was meant to be. Mindy and John Gray have now committed more than $125 million to the University of Pennsylvania over the last decade, including a $25 million gift that created the Basser Center in 2012 in. The value of his cash investments is based on an analysis of income, taxes and market performance. His father is a senior associate at Premier Business Group, investment advisers in Buffalo Grove, Ill. His stepfather, James Florsheim, is a senior vice president of the Chicago Corporation, an investment bank in Chicago. Blackstone raises $335 million for first real estate fund. December 14, 2012 Since joining Blackstone in 1992, Jon has helped build the largest real estate platform in the world. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. Because of this, the only way to truly reduce risk is removing a womans ovaries (and fallopian tubes). We endure this loss each and every day. We know the pain of losing a loved one and dont want any other family to suffer the way we have. Each net worth figure is updated every business day after the close of trading in New York. [26], As of 2018, Gray had donated $120 million in his lifetime. The Gray Foundation is also focused on Gray raised the world's largest private real estate fund with $13.3 billion in 2012. To broaden and organize their philanthropic efforts, the Grays brought in Chi Van Dang, the former director of the University of Pennsylvanias Abramson Cancer Center, to be the chief science advisor for their Gray Foundation in 2018. He became co-head of the real estate group in 2005 and global head of real estate in 2011,[6] overseeing a portfolio of hotel, office, retail, industrial, and residential properties in the U.S., Europe, and Asia. OCRF: What is the ultimate goal of the Basser Center? The Basser Center was established in honor of Mindy's sister, Faith Basser, who passed away at the age of 44 of BRCA-related ovarian cancer. [44], Last edited on 15 February 2023, at 14:27, Global Financial Leaders' Investment Summit, "Jon Gray Skips Party, Afraid Record Buyout Will Fail", "Blackstone Reports Record Year: Jonathan Gray's Real Estate Group Chips In 60% Of The Profits Jewish Business News", "Jonathan Gray, Blackstone's Real Estate Wizard Behind the Curtain" By Matt Chaban, "Jon Gray is the future of Blackstone. [1] He is also chairman of Hilton Worldwide.[2]. Jon and Mindy Gray's gift will fund an institute focused on early detection of breast, ovarian, pancreatic and prostate cancers. OCRF: Why did you join OCRFs Board of Directors? Most of Margarets career has been in an administrative capacity related to recruitment. Under the same roof that scientific research is furthered, patients are diagnosed, treated and, we hope someday, CURED. The Gray Foundation also funds initiatives to advance the care of individuals living with BRCA mutations. The Grays donated $25million to create the Basser Research Center, which focuses on cancer prevention, treatment, and research of BRCA-related, genetically-inherited cancers. Blackstone president Jonathan Gray and his wife, Mindy Gray. The Gray Foundation is also focused on funding initiatives to advance the care of individuals living with BRCA mutations. [8] Gray continues to act as Chairman of the Board of Hilton Worldwide, which went public in December 2013. On Tuesday, private equity tycoon Jonathan Gray and his wife Mindy announced $25 million in funding for research on pernicious genetic mutations that can lead to breast and ovarian cancer. Partner Member Profile: Bright Pink. OCRF: Tell us about the path that led you and Jon to together create the Basser Research Center with a $25 million gift to the University of Pennsylvania. Mindy Gray: Right now there is no viable tool for early detection of ovarian cancer. With the leadership of Dr. Chi Dang, Director of the Abramson Cancer Center, and Dr. Susan Domchek, Executive Director of the Basser Research Center, we are confident that we can make huge progress towards this goal. You may opt-out by. Some of the world's best and brightest students aim their sights at an undergraduate education at Penn, but many lack the resources to embark on this journey. So, I became a Board Member in 2004, and an Executive Committee Member in 2007. Through this pivotal initiative, the Basser Center is building a better future for patients and the medical community that serves them. His father worked in his family business, a maker of auto parts, while his mother ran a catering business, according to a 2011 profile of Gray in the New York Observer. This field is for validation purposes and should be left unchanged. Men and women who carry a BRCA1 or BRCA2 gene mutation are at increased risk for developing certain cancers including breast, ovarian, pancreatic and prostate cancers. This field is for validation purposes and should be left unchanged. Meet the Basser Advisory Board Members Mindy Gray and her husband, Jon, president of the Blackstone investment firm, announced the gift Thursday. Jonathan D. Gray is born to Chicago entrepreneurs. Faith was artistic, creative, musical, and mathematical. View Mindy Basser Gray's record in Willows, CA including current phone number, address, relatives, background check report, and property record with Whitepages. Mindy Gray: I was immediately impressed with the leadership of OCRF and deeply committed to their mission of funding scientific research to help find a cure. Youre passing this on, and thats why you get these families with the grandmother, the mother, the childrenmultigenerations of cancer. Mindy and Jon Gray graduated from Penn in 1992. 2023 Ovarian Cancer Research Alliance, Inc. A Personal Connection Becomes a Professional Mission. Graduates magna cum laude from University of Pennsylvania. . Meet Mindy Gray: Wife, Mother, Sister, Philanthropist, and OCRF Board Member. Read On, The ovarian cancer community needs you your support, your voice, your passion and commitment. [citation needed] In 2019, the Grays announced a $10 million gift to support first-generation, low-income students attending the University of Pennsylvania. Penn graduates Jon Gray, C'92, W'92, and Mindy Basser Gray, C'92, are stepping in to help. She was the best kind of mix of big sister, mother and friend. Mindy Gray is the Co-Founder of the Gray Foundation. She taught me how to blow bubbles, how to disco dance, how to properly tickle feet, and how to knot my hair in a bun. I am also a Philadelphia native and my parents still live there. $5.30B can buy Gray owns 41 million shares and partnership units in Blackstone Group, according to the 2021 annual report. She was the best kind of mix of big sister, mother and friend. Jon currently serves as Chairman of the Board of Hilton Worldwide and is a board member of Invitation Homes. Pat has served on numerous grant study sections for both national and international organizations. Source: Daniel Burke Photo&Video via University of Pennsylvania. The publicly traded company manages $915 billion in assets as of March 31, 2022. The veteran oncology researcher quickly came up with an idea: To host a symposium where leading BRCA experts could gather and discuss issues in the field. Mindy's sister, Faith with son, Logan. Mindy Gray is the Co-Founder of theGray Foundation, a private foundation committed to maximizing access to education, healthcare and opportunity for low-income children in New York. Learn more about our policy positions and discover how you can take action. So, I became a Board Member in 2004, and an Executive Committee Member in 2007. We endure this loss each and every day. [15], In February 2018, it was announced that Gray would become president and chief operating officer of Blackstone, replacing Hamilton "Tony" James. In 2012, Mindy and Jon Gray made a transformative gift to establish the Basser Center for BRCA at Penn Medicines Abramson Cancer Center and to date have given over $55 million towards its mission. In calculating net worth, Bloomberg News strives to provide the most transparent calculations available, Mindy Basser, a daughter of Pearl and Philip B. Basser of Philadelphia, is to be married this evening to Jonathan David Gray, a son of Susan Florsheim of Highland Park, Ill., and Allen. Dana serves on the Board of Peer Health Exchange and on the Presidents Leadership Council and Womens Leadership Council at Brown University. My father is 94 and a first-generation American and my mother is first generation as well. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. Jonathan D. Gray (born February 4, 1970) is an American billionaire businessman and the president and chief operating officer of Blackstone Group, a New York-based asset management firm. Get email updates about research news, action alerts and ways to join the fight. We wanted to create a center that would be focused on this mutation, which would provide research, and support, and care, and thats why we founded the Basser Center.. [12][13] The Wall Street Journal reported that Gray went on the biggest home buying spree in history after the foreclosure crisis, spending $10billion in the company's first four years. Charissa has dedicated the last 25 years to expanding educational opportunity for NYC youth. While the average woman has a 12% and 1.3% chance, respectively, of developing breast and ovarian cancer, harmful BRCA mutations increase the chance to as high as 72% and 44%, according to the National Cancer Institute. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. https://www.nytimes.com/1995/07/02/style/weddings-mindy-basser-jonathan-d-gray.html. OCRAs support and education programs are available to help you navigate your diagnosis, treatment, and life after cancer. Prior to joining the Foundation, Margaret worked at Geller & Company in the Human Capital Department. She is the Chair of the Basser Leadership Council and serves on the boards of the University of Pennsylvania School of Medicine and NYC Kids RISE. 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The Basser Center for BRCA, founded in 2012 by Penn alumni Mindy Basser Gray, C'92, and Jon Gray, C'92, W'92, works to free the world of the devastating effects of BRCA-related cancers and, in doing so . There are so many ways to lend a hand, to improve the lives of thousands of patients and their families, and get us one step closer to a cure. With his wife, Mindy, Gray established the Basser Research Center at the University of Pennsylvania School of Medicine, which focuses on the prevention and treatment of certain genetically caused breast and ovarian cancers. The couple has supported the University throughout their 25 years since graduation. I'm a deputy wealth editor covering billionaires and their businesses. From our very first visit to the Abramson Cancer Center within which The Basser Research Center is housed, we were impressed with its beaker to bedside capabilities. Both the Chair and the Center are named in honor of Mindy sister, Faith Basser, who died of BRCA-related ovarian cancer at age 44, leaving behind her four-year-old son. Unfortunately, we did not know this before she was diagnosed with ovarian cancer. The Gray Foundation is also focused on funding initiatives to advance the care of individuals living with BRCA mutations. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. The grants will be split among seven research teams across the globe and brings the couples lifetime philanthropic giving to over $175 millionincluding over $100 million in BRCA research. Valuations are He joined Blackstone after graduating, working in both the corporate advisory services and private-equity groups. Jon and Mindy Gray, Penn President Amy Gutmann and some of the freshmen the Grays are supporting. He graduated magna cum laude from the University of Pennsylvania in 1992, receiving a degree in economics from the Wharton School as well as an English degree at Penn. In 1992, Gray joined Blackstone's mergers and acquisitions and private equity group,[5] and joined its newly formed real estate private equity group the following year. She holds an MBA from Harvard Business School and a Bachelor of Arts in Political Science from Brown University. She is the Chair of the Basser Leadership Council and serves on the boards of the University of Pennsylvania School of Medicine and NYC Kids RISE. Gray recently donated $10million to purchase a building in northern Manhattan which will serve as the organization's second elementary school. 2023 Ovarian Cancer Research Alliance, Inc. Gray has been a major Democratic donor, backing Hillary Clinton in 2016[21] and several Democratic presidential candidates in the 2020 election[22][23][24][25], The Gray Foundation was launched in 2014, focusing on inherited BRCA mutations and increasing access to education and healthcare for low-income youth in New York City. Mindy Gray: The ultimate goal of the The Basser Center is eradicating risks from BRCA-related cancers once and for all. Though breast cancer can be screened through mammograms and MRIs, tests and prevention for ovarian cancer remain elusive, and the disease often flies under the radar until its later stages. These are serious risks that must be managed and because they will affect family members across generations, they are risks that also must be communicated. Jon and Mindy Graysgift willfund an institute focused on early detectionof breast, ovarian, pancreatic and prostate cancers. Previously, Charlotte was the Director of Public Programming at the Seleni Institute, a clinic and nonprofit foundation focused on reproductive and maternal mental health. OCRF: As a longtime OCRF Board member, what are your feelings about the organization? . She holds an MPH from the Harvard T.H. The psychological weight of this is very significant to families, says Jon Gray, who sees more symposiums and research funding in his foundations future. Their $55 million gift to the University of Pennsylvania creates a spinoff of the Basser Center for BRCA they founded 10 years ago, and brings their total giving to the school to more than $125 million, most of it for science. These are serious risks that must be managed and because they will affect family members across generations, they are risks that also must be communicated. [20] Gray's boss and Trump's friend Stephen A. Schwarzman quickly dismissed the idea that a slot in a Republican cabinet would be offered to a Democratic supporter like Gray. He also held an Assistant Professor position at the Johns Hopkins School of Medicine, Department of Pathology, from 1998 until 2012. Jon Gray is the Co-Founder of the Gray Foundation. [33] Town & Country (magazine) noted this work in its "Top Philanthropists of 2016" feature, in which the Grays were included. [9], Gray was named in Fortune's "40 under 40,"[10] in 2009. [17] On 22 October 2022, The Wall Street Journal released an article by its editorial board in its printed edition, titled "Wall Street and Hong Kong's Strongman," mentioning Gray's name, and saying that "These executives may feel they have assets to protect in the city, but by kowtowing to Mr. Lee they are doing their reputations, and that of their companies, no good. With the leadership of Dr. Chi Dang, Director of the Abramson Cancer Center, and Dr. Susan Domchek, Executive Director of the Basser Research Center, we are confident that we can make huge progress towards this goal. The Grays are out to change the landscape with their latest research grants, believing BRCA-related cancers can be dramatically reduced through advanced testings that catch the disease before the cancer forms. Blackstone Inc.s Jon Gray and his wife,Mindy, are funding an institute at their alma mater focused on early detection and prevention of breast, ovarian, pancreatic and prostate cancers. In 2016, it was reported that Gray was under consideration as Treasury Secretary for the incoming presidential administration of Donald Trump. OCRF: Tell us about your sister, Faith, your relationship, and her lasting impact on your life that sparked you to create such a tremendous legacy in her name. In 2012, Mindy and Jon Gray made a transformative gift to establish the Basser Center for BRCA at Penn Medicine's Abramson ancer Center and to date have given over $55 million towards its mission. Shari and her husband, Len Potter, created the Basser Global Prize initiative at the Center to fund BRCA research. He also serves on the board of Harlem Village Academies and Trinity School. She served as the Executive Director of Teach For America - New York, and the Chief Operating Officer of ExpandED Schools. Previously, Dana was a Vice President at Teach For America and a Vice President at Lazard Freres & Co. She also worked as a consultant at Bain & Company, as well as in the Venture Capital and Investment Banking Groups at Morgan Stanley. from the Wharton School. We know a lot when patients present cancer, we know what they have, what are the genetic changes that lead to the cancer. our complete methodology , Design & development: The donation was made to establish and fund the Cancer . Mindy Gray: Right now there is no viable tool for early detection of ovarian cancer. This is a digitized version of an article from The Timess print archive, before the start of online publication in 1996. The Basser Center Leadership Council tirelessly advocates, informs, and engages on behalf of the . Mindy received her BachelorsofArts in English with a minor in History from the University of Pennsylvania, where she graduatedmagna cum laudein 1992. He previously served as Director of the Abramson Cancer Center at the University of Pennsylvania Perelman School of Medicine. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. [27][29] In May 2012, Gray and his wife, Mindy Gray, founded the Basser Research Center,[30] named in honor of Mindy's sister, Faith Basser, who died of ovarian cancer at age 44. Pat holds Bachelors and Masters degrees in biophysics from the University of Quebec, Canada and obtained his Ph.D. in molecular biology from Boston University. [2] Early life [ edit] Gray was born in Highland Park, Illinois to a Jewish family. We had an engineer from MIT in the meeting, and theyre on standby to work with the other groups and say, if you guys find some signals for early cancers, we can build new drugs that will go right after those cells specifically and eradicate them.. But she turned loss into legacy and hurt into hope this year when she and her husband Jon founded the Basser Research Center at the University of Pennsylvania in honor of . Mindy Gray: Faith was my mentor, my guide, my role model. The pandemic hasn't changed their philanthropic strategy, but rather has them doubling down, Jon Gray, Blackstone's. [29], In October 2022, the Grays announced a gift of $55 million[36] to establish the Basser Cancer Interception Institute as part of the Basser Center for BRCA. Last week, the couple, married for 24 years, were back on campus for a study break with a different kind of chemistry: after visiting Bennett Hall where they took a Romantic poetry class together, they walked across the quad to meet the freshmen whose tuition and expenses theyve agreed to cover for the next four years. At Jills suggestion, I reached out to OCRF to ask how I could get involved. Jon currently serves as Chairman of the Board of Hilton Worldwide. Jon received a Bachelor of Science in Economics from the Wharton School, as well as a Bachelor of Arts in English from the College of Arts and Sciences at the University of Pennsylvania. What came out of the meeting was there are still a lot of work to be done in the pre-cancer stage. Stakes in publicly traded companies are valued using the share's most recent closing price. Get email updates about research news, action alerts and ways to join the fight. Chi Van Dang is the Chief Science Advisor for the Gray Foundation. View Mindy Basser Gray results in Maine (ME) including current phone number, address, relatives, background check report, and property record with Whitepages. OCRF: If you could send one message to ovarian cancer survivors, their caregivers and loved ones, what would it be? Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs, iPhone Maker Plans $700 Million India Plant in Shift From China, Amazon Is Closing Its Cashierless Stores in NYC, San Francisco and Seattle, S&P 500 Notches Best Week Since Late January: Markets Wrap, Stock Traders Are Ignoring Blaring Bond Alarms. The Basser Jean Bash fundraiser in New York City on November 15, 2022, raised $17 million to support BRCA-related cancer research. Jon Gray's net worth of Gray and Mindy Basser were married in 1995 at Temple Beth Zion Israel in Philadelphia, where Rabbi Ira F. Stone performed the service. The hope is eventually BRCA-related cancers can be screened and treated at its earliest stages, rendering risk reduction surgeries obsolete. Margaret received her Bachelor of Science in Accounting with a minor in History from the University of Scranton. The Gray Foundation On Tuesday, private equity tycoon Jonathan Gray and his wife Mindy announced $25 million in funding for. With the Basser Research Center, we want to ensure that families affected by BRCA 1 and BRCA 2 gene mutations can get the support and genetic counseling that they need and understand their lifetime risk of developing cancer. In 1998, Pat joined the NIH to head a research laboratory focused on ovarian cancer. Amazon Pauses Construction on Second Headquarters in Virginia as It Cuts Jobs, iPhone Maker Plans $700 Million India Plant in Shift From China, Amazon Is Closing Its Cashierless Stores in NYC, San Francisco and Seattle, S&P 500 Notches Best Week Since Late January: Markets Wrap, Stock Traders Are Ignoring Blaring Bond Alarms. Edme Firth Fund for Research in Ovarian Cancer. For a young woman to have to prophylactically remove your ovaries is very emotional and also has implications because you immediately go into menopause.. The Basser Center was named in honor of Faith Basser, Mindys sister, who passed away at age 44 from BRCA-related ovarian cancer. Try telling this to a woman in her 20s who is BRCA-positive and not yet married. Mindy is the Board Chair of the Basser Center Advisory Boardand a former member of the Executive Board of Directors of the Ovarian Cancer Research Alliance (OCRA) where she served for over 10 years. He is also the President and Chief Operating Officer of Blackstone, one of the world's leading investment firms. [11], In 2013, Gray helped create a business venture through Blackstone called Invitation Homes to buy foreclosed single-family houses and turn them into rentals. . and each individual billionaire profile contains a detailed analysis of how that person's fortune is tallied. In 2012, Mindy and her husband, Jon Gray, established the Basser Center for BRCA at Penn Medicine's Abramson Cancer Center in honor of Faith. Mindy Gray is a member of the Penn Medicine Board, Chair of the Basser Center Leadership Council, and a founding board member of New York City Kids RISE, a nonprofit organization focused on expanding economic opportunity by providing a scholarship and savings platform for families, schools, and communities. Gray is president and chief operating officer of Blackstone Group, a New York-based alternative asset manager.