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Foundation Giving

Largest Gifts by Individuals in 1999

December 31, 1999 | Read Time: 2 minutes

Compiled by C. QUINN HANCHETTE

Rank Donors Amount Purpose
1. Bill Gates, chairman of Microsoft, and his wife, Melinda Three gifts totaling $16-billion To endow the Bill & Melinda Gates Foundation [details]
2. James H. Clark, founder of Netscape $150-million To construct a biomedical-engineering center at Stanford University [details]
3. Philip Forbes Holton, former chief executive officer at Inland Container Corporation, and his wife, Ruth Clark $128.5-million bequest For scholarships at DePauw University [details]
4. Anonymous $100-million To renovate Cornell University’s West Campus [details]
4.
(tie)
Eli Broad, chairman of SunAmerica $100-million To the Broad Foundation for a program to strengthen urban school districts [details]
4.
(tie)
William Hewlett, co-founder of Hewlett-Packard $100-million To establish the Flora Family Foundation [details]
4.
(tie)
Kenan E. Sahin, founder of the software company Kenan Systems $100-million For the Massachusetts Institute of Technology’s capital campaign [details]
8. Raymond Baker, a former director of Pioneer Hi-Bred International, and his wife, Mary $80-million bequest For Iowa State University’s College of Agriculture [details]
9. Paul Mellon, philanthropist $75-million bequest To the National Gallery of Art [details]
9.
(tie)
Paul Mellon, philanthropist $75-million bequest To the Yale Center of British Art [details]
11. Adrian French, musician $70-million For cancer research at the University of Cincinnati College of Medicine [details]
12. Margaret Adger Pitts, and her father, William I. H. Pitts, an investor in the Coca-Cola Company $65-million bequest To Emory University [details]
13. Margaret Adger Pitts, and her father, William I.H. Pitts, an investor in the Coca-Cola Company $63.5-million bequest To Young Harris College [details]
14. Rea A. Axline, who patented the process for bonding metal alloys to metal surfaces, and his wife, Lela (Jackie) $60-million bequest For scholarships at the California Institute of Technology [details]
14. (tie) Frank Batten, Sr., retired chairman of Landmark Communications $60-million To the University of Virginia’s Darden Graduate School of Business Administration [details]
14.
(tie)
Steven Ferencz Udvar-Hazy, president of International Lease Finance Corporation $60-million For the National Air and Space Museum’s Dulles Center [details]

Note: This list does not include gifts of art.