The William, Jeff and Jennifer Gross Family Foundation Donates $21.5 million to Non-Profits in 2018
LAGUNA BEACH, Calif., Jan. 14, 2019 /PRNewswire/ -- The William, Jeff and Jennifer Gross Family Foundation, the charity founded by asset manager Bill Gross and his son and daughter, announced today that it donated a total of $21,450,000 to 28 non-profits in 2018, including Doctors Without Borders and the Children's Hospital of Orange County (CHOC).
The donations will help important initiatives that range from supporting people who are experiencing a lack of or limited access to food, to international human rights campaigns through the VII Foundation. Other donations were made to assist the California Community Foundation's Wildfire Relief Fund, and the Friendship Shelter serving homeless adults in Laguna Beach. The Foundation also supported educational causes, including a previously announced contribution of $1.1 million to the Orange County Teachers of the Year awards, adding to the $3,387,800 previously donated by Mr. Gross to the preeminent program recognizing excellence in Orange County education.
"I am pleased to work with my son Jeff and daughter Jennifer in identifying and supporting worthy and important causes that benefit California as well as global communities," said Mr. Gross. "We are committed to doing our part to help others in their times of need, as well as furthering educational and healthcare organizations that are working to create better lives locally and around the world."
The following non-profits received donations of more than $1 million from the William, Jeff and Jennifer Gross Family Foundation in 2018:
The New York Times Neediest Cases Fund $2,161,250
Doctors Without Borders $2,161,250
Action Against Hunger $1,161,250
Orange County Teachers of the Year - Multi Year $1,161,250
CHOC Small Baby Unit $5,000,000
Harbor Day Endowment Corp. $2,000,000
VII Foundation $4,795,000
SDSN Association Inc. $1,350,000
Other recipients of donations included:
Laguna Beach Community Clinic
Laguna Food Pantry
Boys & Girls Club of Laguna Beach
Laguna Beach Senior Center
Sally's Fund
Friendship Shelter
Lupus Foundation of America
La Escuelita Weekday School
California Community Foundation's Wildfire Relief Fund
MusicCares
charity: water
Path to Peace Foundation
Creative Visions Foundation
BRAC USA
edX
Columbia University
Hudson River Park Friends
Pharia Foundation
Mercy for Animals
These contributions support Bill, Jeff and Jennifer Gross's longstanding commitment to provide financial resources to organizations that provide a direct benefit to the communities in which they serve. Mr. Gross has previously announced he is also donating all proceeds from past and upcoming auctions of his world renown stamp collection to charity.
SOURCE The William, Jeff and Jennifer Gross Family Foundation
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