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For a young woman to have to prophylactically remove your ovaries is very emotional and also has implications because you immediately go into menopause.. She was the best kind of mix of big sister, mother and friend. Jonathan D. Gray is born to Chicago entrepreneurs. In January 2014, the Basser Research Center announced an additional $5million gift from the couple to fund an external research grant program. [8] Gray continues to act as Chairman of the Board of Hilton Worldwide, which went public in December 2013. The hard part of this is the multigenerational nature. 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. I am also a Philadelphia native and my parents still live there. Gray and Mindy Basser have two children. 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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. Mindy Gray: Right now there is no viable tool for early detection of ovarian cancer. Assumes role of president and chief operating officer of Blackstone. The billionaire has collected more than $1 billion in dividends and compensation since 2011, according to data compiled by Bloomberg. 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. Most of Margarets career has been in an administrative capacity related to recruitment. from the Wharton School. . Mindy Gray: Faith was my mentor, my guide, my role model. He joined Blackstone after graduating, working in both the corporate advisory services and private-equity groups. [citation needed] In 2019, the Grays announced a $10 million gift to support first-generation, low-income students attending the University of Pennsylvania. 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. Mindy Gray is the Co-Founder of the Gray Foundation. Charlotte is the Program Officer at the Gray Foundation. 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. Dangs laboratoryhelped define the complex functions of the MYC oncogene and connected MYC to regulation of cancermetabolism. [28], The Grays have donated over $150 million to BRCA cancer research. Dana serves on the Board of Peer Health Exchange and on the Presidents Leadership Council and Womens Leadership Council at Brown University. 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. 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 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. The gift comes after the couple poured $55 million in the past seven years into University of Pennsylvanias Basser Center for BRCA, the worlds first hub devoted to studying cancers related to BRCA mutations. His mother is a partner in Ferree-Florsheim Catering in Chicago. No surprise that she was also an incredible, and incredibly doting, mom. 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. 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. I felt the more I was involved, the more I could help this mission. 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. Formerly, Jon served as Blackstone's Global Head of Real Estate. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest 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. 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. Chi Van Dang is the Chief Science Advisor for the Gray Foundation. 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. 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. [9], Gray was named in Fortune's "40 under 40,"[10] in 2009. [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. Jon Gray is the Co-Founder of the Gray Foundation. We know the pain of losing a loved one and dont want any other family to suffer the way we have. Meet Mindy Gray: Wife, Mother, Sister, Philanthropist, and OCRF Board Member. The Gray Foundation On Tuesday, private equity tycoon Jonathan Gray and his wife Mindy announced $25 million in funding for. . My sister Faith was like a mother and best friend rolled into one, remembers Mindy. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. The bridegroom, 25, is an associate in the real estate department of the Blackstone Group, an investment banking concern in New York. Read On, The ovarian cancer community needs you your support, your voice, your passion and commitment. Mr. 2023 Ovarian Cancer Research Alliance, Inc. A Personal Connection Becomes a Professional Mission. In creating the Basser Research Center in my sisters name, my husband Jon and I are fervently hoping that we can one day prevent other families from experiencing the unthinkable loss of a loved one. All rights reserved. Community, Prev: 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. My father is 94 and a first-generation American and my mother is first generation as well. In our case, it was not that it was overlooked by doctors; it was simply a question of not knowing our family history. Mindy and Jon Gray at UPenn, where they met as undergrads. Previously, Charlotte was the Director of Public Programming at the Seleni Institute, a clinic and nonprofit foundation focused on reproductive and maternal mental health. 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. The Basser Jean Bash fundraiser in New York City on November 15, 2022, raised $17 million to support BRCA-related cancer research. Thanks to Faith, I was certainly among the only seven-year-olds seeing the movie Annie Hall the day it was released. Margaret received her Bachelor of Science in Accounting with a minor in History from the University of Scranton. The couple has supported the University throughout their 25 years since graduation. The donation was made to establish and fund the Cancer . Thinking bigger, we want to develop a preventive vaccine for those not yet affected and a cure for women who are! In February 2018, he was promoted to president and COO of Blackstone after 13 years as head of the firm's real estate business. in At Jills suggestion, I reached out to OCRF to ask how I could get involved. 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. In his senior year at University of Pennsylvania, not long before accepting an offer to work at Blackstone Group Inc., Jon Gray put down a book at the library to ask out Mindy Basser. Anyone can read what you share. This is more proactive investing than reactive, says Mindy Gray. Marries Mindy Basser, a fellow University of Pennsylvania student. He is also the President and Chief Operating Officer of Blackstone, one of the world's leading investment firms. Mindy and Jon Gray created the Basser Professorship of Oncology as part of their gift to establish the Basser Center for BRCA in 2012. OCRF: Why did you join OCRFs Board of Directors? As a subscriber, you have 10 gift articles to give each month. [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. He is also the President and Chief Operating Officer of Blackstone, one of the world's leading investment firms. She died from the illness two years later at age 44. No surprise that she was also an incredible, and incredibly doting, mom. 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. I am also a Philadelphia native and my parents still live there. As first generation immigrants from Eastern Europe, Mindys parents didnt keep historical family medical records. See the article in its original context from. Jon and I are both University of Pennsylvania graduates and feel a deep connection to the University. Penn graduates Jon Gray, C'92, W'92, and Mindy Basser Gray, C'92, are stepping in to help. 2023 Ovarian Cancer Research Alliance, Inc. All rights reserved. Now, Domchek and her colleagues are taking aim at interception. The Grays donated $25million to create the Basser Research Center, which focuses on cancer prevention, treatment, and research of BRCA-related, genetically-inherited cancers. OCRF: As a longtime OCRF Board member, what are your feelings about the organization? He began his careerat Johns Hopkins University School of Medicine, where he becameDirector of the Division of Hematology, the Johns Hopkins Family Professor in Oncology Research, the Vice Dean for Research and Director of the Hopkins Institute for Cell Engineering. 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. Mindy Gray: The ultimate goal of the The Basser Center is eradicating risks from BRCA-related cancers once and for all. 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. At the very least, we want to develop a tool that can discover disease well before it presents itself. 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OCRF: What is your hope for the future in terms of research, and the hope it can bring to those affected by ovarian cancer? In May 2012, Gray and his wife, Mindy Gray, founded the Basser Research Center, named in honor of Mindy's sister, Faith Basser, who died of ovarian cancer at age 44. [35] In July 2019, it was announced that the Grays would donate a further $25million for research on pernicious genetic mutations that can lead to breast and ovarian cancer. Valuations are The psychological weight of this is very significant to families, says Jon Gray, who sees more symposiums and research funding in his foundations future. [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. or the first in their families to attend collegethe latter being a group that is particularly close to heart for Mindy Gray, . View Mindy Basser Gray's record in Puyallup, WA including current phone number, address, relatives, background check report, and property record with Whitepages. Raises world's largest opportunistic real estate fund. He is a member of the National Academy of Medicine, fellow of the American Academy of Arts & Sciences, fellow of the American Association for Cancer Research Academy, and was a member of the Cancer Moonshot Blue Ribbon Panel. No one was better at scooping up a bargain, sniffing out a sale, or stocking up on seriously reduced products than she. Mr. Gray currently serves as Chairman of the Board of Hilton Worldwide. 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. 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. From campus recruiting to executive search, Margarets previous experience includes working at Credit Suisse, Goldman Sachs and Heidrick & Struggles, among others. Each net worth figure is updated every business day after the close of trading in New York. [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. [2] Early life [ edit] Gray was born in Highland Park, Illinois to a Jewish family. Rabbi Ira F. Stone is to perform the ceremony at Temple Beth Zion Beth Israel in Philadelphia. View Mindy Basser Gray's record in Shawnee, KS including current phone number, address, relatives, background check report, and property record with Whitepages. 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. The question is what is lurking in the normal tissue that begins to look like cancer, and how our immune system reacts to these abnormal cells before they develop cancer, says Dang. 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. $5.30B can buy Gray owns 41 million shares and partnership units in Blackstone Group, according to the 2021 annual report. I'm a deputy wealth editor covering billionaires and their businesses. She holds an MPH from the Harvard T.H. 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.