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Occasionally the digitization process introduces transcription errors or other problems; we are continuing to work to improve these archived versions. OCRF: What is the ultimate goal of the Basser Center? My sister Faith was like a mother and best friend rolled into one, remembers Mindy. [27], In February 2023, the Grays were named to The Chronicle of Philanthropys list of the 50 biggest donors in 2022. It wasnt until after Faiths death that the family found out she inherited mutated BRCA genes. So, I became a Board Member in 2004, and an Executive Committee Member in 2007. Faith was artistic, creative, musical, and mathematical. She taught me to talk to animals, especially our crazy cats, she taught me to enjoy Kraft macaroni and cheese at midnight (even when I wasnt the slightest bit hungry), and she taught me that no walks too long if you have a friend by your side. 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. Her mother is a legal assistant at Schubert, Bellwoar, Mallon & Walheim, a law firm in Philadelphia. our complete methodology , Design & development: [38], In November 2016, The New York Times reported on a $10million donation from the Grays to finance a pilot program that creates college savings accounts for thousands of New York City public school kindergartners. TimesMachine is an exclusive benefit for home delivery and digital subscribers. Family members died young and medical records never made it over, so there was simply no history of disease that could be tracked. 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. Try telling this to a woman in her 20s who is BRCA-positive and not yet married. Family members died young and medical records never made it over, so there was simply no history of disease that could be tracked. The event honored the memory of Marla. 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. He conducted his postdoctoral training at the Johns Hopkins Oncology Center in the laboratory of Dr. Bert Vogelstein, where he studied the molecular genetics of colorectal cancer. [5] In August 2013, Bloomberg estimated his net worth at just over $1.0billion due to his owning 40.6million Blackstone shares valued at $913million combined with over $120million in bonuses and salary. [7], Gray led Blackstone's LBO of Hilton Hotels, which became the most profitable private equity real estate deal ever, earning $14 billion for the firm's investors. Pat has served on numerous grant study sections for both national and international organizations. Women with a BRCA 1 mutation have a 60-80% lifetime risk of developing breast cancer and a 20-45% lifetime risk of developing ovarian cancer. Raises world's largest opportunistic real estate fund. Jon currently serves as Chairman of the Board of Hilton Worldwide. Through this pivotal initiative, the Basser Center is building a better future for patients and the medical community that serves them. [33] Town & Country (magazine) noted this work in its "Top Philanthropists of 2016" feature, in which the Grays were included. 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 her sister who succumbed to ovarian cancer at the age of 44. [6][16], Gray was scheduled to speak at the November 2022 Global Financial Leaders' Investment Summit, with the Hong Kong Democracy Council claiming that his presence, along with other financial executives, legitimizes the Hong Kong government's whitewashing of the erosion of freedoms in the city. She holds a Bachelor of Arts in Sociology and Masters in Education Administration, Planning, and Social Policy from Harvard University. Under the same roof that scientific research is furthered, patients are diagnosed, treated and, we hope someday, CURED. Read On, OCRA is the worlds largest non-government funder of ovarian cancer research and has invested more than $110 million into desperately-needed breakthroughs. She is the Vice-Chairperson and Treasurer of the NYC Kids RISE Board and a member of the Basser Leadership Council at the Abramson Cancer Center at the University of Pennsylvania. Mindy Gray: My dear friend Jill Seigerman worked for Liz Tilberis, late Editor-in-Chief of Harpers Bazaar and President of OCRF, so I had known about OCRF for years. See the article in its original context from. 50 insiders reveal how the superinvestor consolidated power, elbowed out rivals, and is remaking the firm in his golden-boy image", "Investment strategy: The new property barons", "Blackstone to Check Out of Hilton Investment", "Blackstone's Hilton Deal: Best Leveraged Buyout Ever - Bloomberg", "40 under 40 - Jonathan Gray (7) - FORTUNE", "Blackstone Exits Single-Family Rental Bet Slammed by Warren", "Wall Street as Landlord: Blackstone Going Public with a $10 Billion Bet on Foreclosed Homes", "Warren Calls Out Blackstone for "Shameless" Profies From Housing", "Blackstone's Homegrown Dealmaker Finally Makes It to the Top", "Opinion | Wall Street Courts Hong Kong Strongman John Lee", "Three Top Bankers Pull Out of Hong Kong's Global Finance Summit", "Trump Said to Discuss Treasury Post With Blackstone's Gray", "Blackstone executive Jonathan Gray won't serve as Treasury secretary", "The Wallets of Wall Street Are With Joe Biden, if Not the Hearts", "Private-Equity Leaders Place Their Presidential Bets", "Joe Biden's fundraiser list includes more than 30 executives with Wall Street ties", "Joe Biden to host more than 250 donors from Wall Street, big business at NYC fundraisers here's the guest list", "Blackstone COO Jonathan Gray On Giving To Education, Cancer Research", "Blackstone President Jonathan Gray Donates $25 Million To Tackle Deadly Breast Cancer Gene", "Basser Center for BRCA Abramson Cancer Center", "Blackstone's Gray Becomes Billionaire Amid Property Wager", "The 2013 Basser Global Prize - Bassser Research Center for BRCA -Penn Medicine", "Penn Medicine's Basser Research Center for BRCA Announces Additional $5 Million Gift from Mindy and Jon Gray to Fund External Research Grant Program", "The T&C 50: The Top Philanthropists of 2016", "Blackstone's Gray Gives $21 Million to Hit Cancer Close to Home", "$55 million gift to Penn is aimed at stopping breast cancer before it starts", "University Of Pennsylvania Receives $55 Million Gift To Study, Treat Hereditary Cancers", "Blackstone's Gray Gives UPenn $55 Million for Cancer Prevention", "New York Seeks to Jump-Start College Savings by Giving Cash to Kindergartners' Parents", "Blackstone's Gray Donates $10 Million for Financial Aid at UPenn", "Money for Kindergartners, Spendable on College", "WEDDINGS - Mindy Basser, Jonathan D. Gray", https://en.wikipedia.org/w/index.php?title=Jonathan_D._Gray&oldid=1139510621, This page was last edited on 15 February 2023, at 14:27. All rights reserved. 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Penn graduates Jon Gray, C'92, W'92, and Mindy Basser Gray, C'92, are stepping in to help. He also held an Assistant Professor position at the Johns Hopkins School of Medicine, Department of Pathology, from 1998 until 2012. Blackstone president Jonathan Gray and his wife, Mindy Gray. Two years after my sister Faith died, I was emotionally ready and anxious to volunteer in any way I could to help in the ovarian cancer community. Read On, OCRA is the voice for the ovarian cancer community, engaging with policymakers to keep this fight a priority. I felt the more I was involved, the more I could help this mission. This is more proactive investing than reactive, says Mindy Gray. in English from the School of Arts & Sciences and a B.S. Thinking bigger, we want to develop a preventive vaccine for those not yet affected and a cure for women who are! Try telling this to a woman in her 20s who is BRCA-positive and not yet married. Mindy's sister, Faith with son, Logan. Mr. Gray currently serves as Chairman of the Board of Hilton Worldwide. Partner Member Profile: Bright Pink. Both Mindy C'92 and Jon Gray C'92 . 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. She holds an MPH from the Harvard T.H. 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. Mindy Gray: We are ALL IN on this mission and wont stop until progress is made! OCRF: What is the ultimate goal of the Basser Center? At Jills suggestion, I reached out to OCRF to ask how I could get involved. [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. The Basser Center was named in honor of Faith Basser, Mindys sister who died ofBRCA-relatedovarian cancer at the age of 44. We are singularly focused on putting ourselves out of businessin funding the research that ultimately develops a tool for early detection and in an ideal world, develops a vaccine and/or cure that will prevent anyone from suffering at the hands of this insidious disease ever again. Blackstone has $915 billion in assets under management as of March 31, 2022, according to the company's website. No one was better at scooping up a bargain, sniffing out a sale, or stocking up on seriously reduced products than she. 2 as chief operating officer in 2018. OCRF: If you could send one message to ovarian cancer survivors, their caregivers and loved ones, what would it be? Theres no way to look at ovarian cancer unless you open up a womans body, says Mindy Gray. Some women with faulty BRCA genes have taken a very proactive approach. In partnership with the Basser Center for BRCA and leading cancer institutions across the country, the Basser Initiative @ Gray Foundation is advancing research and awareness efforts. From campus recruiting to executive search, Margarets previous experience includes working at Credit Suisse, Goldman Sachs and Heidrick & Struggles, among others. The couple has supported the University throughout their 25 years since graduation. Actress Angelina Jolie, who inherited these genetic mutations, made waves in 2013 for announcing that shed undergone a preventive double mastectomy to reduce the risk of getting breast cancer; she removed her ovaries two years later. [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. Because of this, the only way to truly reduce risk is removing a womans ovaries (and fallopian tubes). 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 Gray of Barrington, Ill. Blackstone president Jonathan Gray and his wife, Mindy Gray. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest I felt the more I was involved, the more I could help this mission. He joined Blackstone in 1992. 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. In 2016, he ranked #1 on Commercial Observer's "Power 100" ranking of the most powerful people in New York City real estate. 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. The very first event where I volunteered was OCRFs high-end garage sale Super Saturday. The very first event where I volunteered was OCRFs high-end garage sale Super Saturday. The Basser enter was named in honor of Faith asser, Mindy's sister who died of BRCA-related ovarian cancer at the age of 44. For a young woman to have to prophylactically remove your ovaries is very emotional and also has implications because you immediately go into menopause.. He also serves as Scientific Director of the Ludwig Institute for Cancer Research and professor at The Wistar Institute. 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. Posted on The Basser Center was named in honor of Faith Basser, Mindy's sister, who passed away at age 44 from BRCA-related ovarian cancer. October 24, 2019 Committed to Inclusion 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. No surprise that she was also an incredible, and incredibly doting, mom. Pat Morin is the Scientific Advisor for the Gray Foundation. [5] His parents divorced when he was young. . Mindy is actively involved at the Harlem Village Academies charter schools and sits on the Leadership Council of Peer Health Exchange, an organization dedicated to giving teens a comprehensive health education. Women with a BRCA 1 mutation have a 60-80% lifetime risk of developing breast cancer and a 20-45% lifetime risk of developing ovarian cancer. The Gray Foundation On Tuesday, private equity tycoon Jonathan Gray and his wife Mindy announced $25 million in funding for. We know the pain of losing a loved one and dont want any other family to suffer the way we have. Chi Van Dang is the Chief Science Advisor for the Gray Foundation. Despite our twelve-year age gap, she always treated me like an equal. 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. He joined Blackstone after graduating, working in both the corporate advisory services and private-equity groups. [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. Get email updates about research news, action alerts and ways to join the fight. . 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 . Copyright 2023, Basser Center for BRCA at Penn Medicine, https://www.youtube.com/channel/UCqj1PAWOYriQ_AC0r2VO7NA/videos. [3][4] His father Allen Gray owned a small auto parts manufacturer on the West Side of Chicago (coincidentally named Blackstone Manufacturing); his mother Susan, remarried to his stepfather James Florsheim, ran a catering business. Mindy Gray is the Co-Founder of the Gray Foundation, a private foundation committed to maximizing access to education, healthcare and opportunity for low-income children in New York. Jon Gray is the Co-Founder of the Gray Foundation. Learn more about our policy positions and discover how you can take action. 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. 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.. Read On, The ovarian cancer community needs you your support, your voice, your passion and commitment. 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. [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. [37] This donation brings their total giving to the University of Pennsylvania to over $125 million. View Mindy Basser Gray's record in Willows, CA including current phone number, address, relatives, background check report, and property record with Whitepages. Joins Blackstone, starts building real estate investments. 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. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. She died from the illness two years later at age 44. [14] The firm would later come under criticism for its business model, and US Senator Elizabeth Warren criticized Blackstone for "shamelessly" profiting from the 2008 housing crisis. [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. Our cross-institutional collaboration is transforming treatment and prevention methods for individuals and families affected by BRCA mutations. In February 2018, he was promoted to president and COO of Blackstone after 13 years as head of the firm's real estate business. No one was better at scooping up a bargain, sniffing out a sale, or stocking up on seriously reduced products than she. The psychological weight of this is very significant to families, says Jon Gray, who sees more symposiums and research funding in his foundations future. 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. Gift will support first-generation, low-income students, Grays also founded Basser Center for BRCA at their alma mater. 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. Formerly, Jon served as Blackstone's Global Head of Real Estate. 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. The Basser Jean Bash fundraiser in New York City on November 15, 2022, raised $17 million to support BRCA-related cancer research. In our case, it was not that it was overlooked by doctors; it was simply a question of not knowing our family history. At the time of its . Mindy Gray, Chair Mindy Gray is the Co-founder of the Gray Foundation, a private foundation committed to maximizing access to education, healthcare and opportunity for low-income children in New York. 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. Anyone can read what you share. $5.30B can buy Gray owns 41 million shares and partnership units in Blackstone Group, according to the 2021 annual report. Charlotte is the Program Officer at the Gray Foundation. You believe in a theme, I believe in global logistics, or I believe in midstream assets or whatever it is, and I find a great management team and go all in on that.. Mindy Gray: Right now there is no viable tool for early detection of ovarian cancer. Mindy and Jon Gray created the Basser Professorship of Oncology as part of their gift to establish the Basser Center for BRCA in 2012. The couple, both 52, also launched the NYC Kids RISE Save for College Program. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. Mindy Gray: I have always been impressed with the professionalism and passion that drives both the board and the staff at OCRF. You may opt-out by. OCRAs support and education programs are available to help you navigate your diagnosis, treatment, and life after cancer. He serves as a board member of the Pension Real Estate Association and Trinity School and is chairman of the board of Harlem Village Academies. In January 2014, the Basser Research Center announced an additional $5million gift from the couple to fund an external research grant program. Mindy Gray and her husband, Jon, president of the Blackstone investment firm, announced the gift Thursday. OCRF: What is your hope for the future in terms of research, and the hope it can bring to those affected by ovarian cancer? The Grays donated $25 million to create the Basser Research Center, which focuses on cancer prevention, treatment, and research of BRCA-related, genetically-inherited cancers. I'm a deputy wealth editor covering billionaires and their businesses. Jonathan Gray was born in 1970 to Chicago entrepreneurs. Charissa has served on the boards of Trust for Public Lands - New York, DREAM, and Bronx Childrens Museum. 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. [5] He was elected Phi Beta Kappa. This is a digitized version of an article from The Timess print archive, before the start of online publication in 1996. The publicly traded company manages $915 billion in assets as of March 31, 2022.. in Those who know me know I took this one to heart. She served as the Executive Director of Teach For America - New York, and the Chief Operating Officer of ExpandED Schools. The Basser Center was established in 2012 with support from Penn alumni Mindy and Jon Gray in honor of Mindy's sister Faith Basser, who died of BRCA-related ovarian cancer at age 44.