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Jon and I are both University of Pennsylvania graduates and feel a deep connection to the University. 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. 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. 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. 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 hard part of this is the multigenerational nature. 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. 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. 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. 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. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, What Led to Europes Deadliest Train Crash in a Decade, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Those who know me know I took this one to heart. Some women with faulty BRCA genes have taken a very proactive approach. She died from the illness two years later at age 44. Gray and Mindy Basser have two children. Identified in the mid-1990s, mutations in the BRCA1 and BRCA2 genes can lead to drastically higher rates of breast and ovarian cancer in women, as well as elevated risk of prostate and pancreatic cancer. At Jills suggestion, I reached out to OCRF to ask how I could get involved. At the time of its . The new institute will look for innovative ways to detect and treat BRCA-related cancers before surgery, radiation or chemotherapy become the necessary treatment. 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He also serves on the board of Harlem Village Academies. The bridegroom, 25, is an associate in the real estate department of the Blackstone Group, an investment banking concern in New York. Gray was inducted into the Phi Beta Kappa honor society. No surprise that she was also an incredible, and incredibly doting, mom. Penn graduates Jon Gray, C'92, W'92, and Mindy Basser Gray, C'92, are stepping in to help. Gray is president and chief operating officer of Blackstone Group, a New York-based alternative asset manager. 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. [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. We are here to support you and your family, offering layers of support and many ways to connect. We endure this loss each and every day. Blackstone president Jonathan Gray and his wife, Mindy Gray. In calculating net worth, Bloomberg News strives to provide the most transparent calculations available, OCRF: If you could send one message to ovarian cancer survivors, their caregivers and loved ones, what would it be? Source: Daniel Burke Photo&Video via University of Pennsylvania. Gray and Mindy Basser were married in 1995 at Temple Beth Zion Israel in Philadelphia, where Rabbi Ira F. Stone performed the service. We knew then that we did not want other families to ever suffer in the way that we had. Maximizing access to education, healthcare and opportunity for low-income youth in New York City. Pat has served on numerous grant study sections for both national and international organizations. Jon and I are both University of Pennsylvania graduates and feel a deep connection to the University. She and her husband Jon reside in NYC where they are raising their four daughters. The couple, both 52, also launched the NYC Kids RISE Save for College Program. Jon Gray is the Co-Founder of the Gray Foundation. . 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. 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. Women with BRCA 2 mutations have a 50-70% lifetime risk of developing breast cancer and a 10-20% lifetime risk of developing ovarian cancer. Mindy Gray: My sister Faith had a BRCA 1 gene mutation. Read On. Joins Blackstone, starts building real estate investments. 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. Mindy Gray: I have always been impressed with the professionalism and passion that drives both the board and the staff at OCRF. 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. I'm a deputy wealth editor covering billionaires and their businesses. In 2016, he ranked #1 on Commercial Observer's "Power 100" ranking of the most powerful people in New York City real estate. 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. See the article in its original context from. She holds an MBA from Harvard Business School and a Bachelor of Arts in Political Science from Brown University. The Basser Jean Bash fundraiser in New York City on November 15, 2022, raised $17 million to support BRCA-related cancer research. The Gray Foundation also funds initiatives to advance the care of individuals living with BRCA mutations. Chi Van Dang is the Chief Science Advisor for the Gray Foundation. Most of Margarets career has been in an administrative capacity related to recruitment. OCRAs support and education programs are available to help you navigate your diagnosis, treatment, and life after cancer. Gray was global head of the firm's real estate business from 2005 into 2018, building it into a $115 billion asset operation. 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 Center is focused on funding scientific research and giving brilliant research scientists the state-of-the-art facilities and the freedom to discover innovative paths to treatment, prevention and cure. Charlotte is the Program Officer at the Gray Foundation. Get email updates about research news, action alerts and ways to join the fight. Mindy received her BachelorsofArts in English with a minor in History from the University of Pennsylvania, where she graduatedmagna cum laudein 1992. [5] In 1992, Gray graduated from the University of Pennsylvania magna cum laude with a B.A. [43] He lives in Manhattan with his wife and their four daughters. Meet Mindy Gray: Wife, Mother, Sister, Philanthropist, and OCRF Board Member. articles a month for anyone to read, even non-subscribers! Formerly, Jon served as Blackstone's Global Head of Real Estate. https://www.nytimes.com/1995/07/02/style/weddings-mindy-basser-jonathan-d-gray.html.