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. To broaden and organize their philanthropic efforts, the Grays brought in Chi Van Dang, the former director of the University of Pennsylvanias Abramson Cancer Center, to be the chief science advisor for their Gray Foundation in 2018. The Basser Center was established in honor of Mindy's sister, Faith Basser, who passed away at the age of 44 of BRCA-related ovarian cancer. This was when I knew that my relationship with OCRF was meant to be. people. The psychological weight of this is very significant to families, says Jon Gray, who sees more symposiums and research funding in his foundations future. The aspirational goal would be to understand the process of cancer development early enough and then look at ways to intervene, hopefully eradicate, prevent the cancer from even developing., What we aspire to do is build a precancer atlas for BRCA, lay a road map for everyone in the world to use, continues Dang. Bloomberg reporting. Penn graduates Jon Gray, C'92, W'92, and Mindy Basser Gray, C'92, are stepping in to help. Because of this, the only way to truly reduce risk is removing a womans ovaries (and fallopian tubes). She was the best kind of mix of big sister, mother and friend. in English from the School of Arts & Sciences and a B.S. The very first event where I volunteered was OCRFs high-end garage sale Super Saturday. At the very least, we want to develop a tool that can discover disease well before it presents itself. 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. My sister Faith was a serious discount shopper. View Mindy Basser Gray's record in Puyallup, WA including current phone number, address, relatives, background check report, and property record with Whitepages. Pat Morin is the Scientific Advisor for the Gray Foundation. 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. Jonathan D. Gray is born to Chicago entrepreneurs. Penn graduates Jon Gray, C'92, W'92, and Mindy Basser Gray, C'92, are stepping in to help. This is a digitized version of an article from The Timess print archive, before the start of online publication in 1996. 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. Jon Gray is the Co-Founder of the Gray Foundation. Try telling this to a woman in her 20s who is BRCA-positive and not yet married. Dang and a group of independent scientists eventually vetted over 50 applications to decide on seven teams with researchers spanning from Harvard and Cornell to Australias QIMR Berghofer and Britains Wellcome Sanger Institute. At the time of its founding, it was thefirst and only center in the world dedicated tofunding research across the globe, educating providers and patients, and advancing care for individuals and their families living withBRCA1/2mutations. 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. Christopher Cannon, Dean Halford, Brittany Harris and Julian Burgess, of the total wealth of the 500 richest people in the world, of the top 200 U.S. executives total awarded compensation. He also serves on the board of Harlem Village Academies and Trinity School. With his wife, Mindy, Gray established the Basser Research Center at the University of Pennsylvania School of Medicine, which focuses on the prevention and treatment of certain genetically caused breast and ovarian cancers. The hope is eventually BRCA-related cancers can be screened and treated at its earliest stages, rendering risk reduction surgeries obsolete. In February 2018, he was promoted to president and COO of Blackstone after 13 years as head of the firm's real estate business. Jon and I are both University of Pennsylvania graduates and feel a deep connection to the University. Gift will support first-generation, low-income students, Grays also founded Basser Center for BRCA at their alma mater. Jon currently serves as Chairman of the Board of Hilton Worldwide. Most of Margarets career has been in an administrative capacity related to recruitment. 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. OCRF: As a longtime OCRF Board member, what are your feelings about the organization? 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. OCRF: If you could send one message to ovarian cancer survivors, their caregivers and loved ones, what would it be? For a young woman to have to prophylactically remove your ovaries is very emotional and also has implications because you immediately go into menopause.. Read On, OCRA is the voice for the ovarian cancer community, engaging with policymakers to keep this fight a priority. The billionaire has collected more than $1 billion in dividends and compensation since 2011, according to data compiled by Bloomberg. Rabbi Ira F. Stone is to perform the ceremony at Temple Beth Zion Beth Israel in Philadelphia. [1] He is also chairman of Hilton Worldwide. 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 couple has supported the University throughout their 25 years since graduation. After organizing the meeting last September, the foundation sought grant proposals from researchers around the world. 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. His father is a senior associate at Premier Business Group, investment advisers in Buffalo Grove, Ill. His stepfather, James Florsheim, is a senior vice president of the Chicago Corporation, an investment bank in Chicago. articles a month for anyone to read, even non-subscribers! They have four daughters. articles a month for anyone to read, even non-subscribers! Learn more about our policy positions and discover how you can take action. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. The Basser Center was named in honor of Faith Basser, Mindys sister who died ofBRCA-relatedovarian cancer at the age of 44. Mr. Gray currently serves as Chairman of the Board of Hilton Worldwide. 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. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. The money will support research on cancer "interception" detecting abnormal, cancerous cells at the earliest stages and disrupting their progress before the disease gets underway. Formerly, Jon served as Blackstone's Global Head of Real Estate. Family members died young and medical records never made it over, so there was simply no history of disease that could be tracked. Because of this, the only way to truly reduce risk is removing a womans ovaries (and fallopian tubes). My father is 94 and a first-generation American and my mother is first generation as well. View Mindy Basser Gray's record in Shawnee, KS including current phone number, address, relatives, background check report, and property record with Whitepages. Jon Gray stood by his wife Mindy Tuesday night as they welcomed about a thousand guests to Cipriani Wall Street. We endure this loss each and every day. Faith was artistic, creative, musical, and mathematical. Get email updates about research news, action alerts and ways to join the fight. Posted on December 14, 2012 in Community, Prev: A Personal Connection Becomes a Professional Mission, Next: Partner Member Profile: Bright Pink. 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. Copyright 2023, Basser Center for BRCA at Penn Medicine, https://www.youtube.com/channel/UCqj1PAWOYriQ_AC0r2VO7NA/videos. 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. 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. Try telling this to a woman in her 20s who is BRCA-positive and not yet married. Jonathan Gray was born in 1970 to Chicago entrepreneurs. 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Margaret is the Executive Assistant at the Gray Foundation. Mindy Gray: The ultimate goal of the The Basser Center is eradicating risks from BRCA-related cancers once and for all. or the first in their families to attend collegethe latter being a group that is particularly close to heart for Mindy Gray, . Among the unthinkable tragedies of losing her was that she left behind her four-year-old son, Logan, who would no longer have his mom. 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. OCRF: What is your hope for the future in terms of research, and the hope it can bring to those affected by ovarian cancer? On Tuesday, private equity tycoon Jonathan Gray and his wife Mindy announced $25 million in funding for research on pernicious genetic mutations that can lead to breast and ovarian cancer. Mindy is also 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. Methodology: The Bloomberg Billionaires Index is a daily ranking of the world's richest [37] This donation brings their total giving to the University of Pennsylvania to over $125 million. As a subscriber, you have 10 gift articles to give each month. Chan School of Public Health in Health Policy and Management and a Bachelor of Arts in Sociology and Education from Colorado College. OCRF: Why did you join OCRFs Board of Directors? Mr. Mindy received her BachelorsofArts in English with a minor in History from the University of Pennsylvania, where she graduatedmagna cum laudein 1992. Edme Firth Fund for Research in Ovarian Cancer. Jon and Mindy Gray founded the Gray Foundation in 2014, with two distinct missions: BRCA-Related Cancers, accelerating research, improving treatment and raising awareness for individuals who have inherited BRCA mutations. Jon received a Bachelor of Science in Economics from the Wharton School, as well as a Bachelor of Arts in English from the College of Arts and Sciences at the University of Pennsylvania. I felt the more I was involved, the more I could help this mission. 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. Blackstone president Jonathan Gray and his wife, Mindy Gray. With the leadership of Dr. Chi Dang, Director of the Abramson Cancer Center, and Dr. Susan Domchek, Executive Director of the Basser Research Center, we are confident that we can make huge progress towards this goal. 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. Mindy Gray: We are ALL IN on this mission and wont stop until progress is made! [43] He lives in Manhattan with his wife and their four daughters. They have since dedicated their lives to the research and awareness of BRCA- related . Though breast cancer can be screened through mammograms and MRIs, tests and prevention for ovarian cancer remain elusive, and the disease often flies under the radar until its later stages. 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. 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 . Previously, Mindy worked as an editor at Ziff Davis Publishing and then as a marketing executive at Edwin Schlossberg, Inc., an exhibit design firm. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. September 15, 2022 $55 million gift to Penn is aimed at stopping breast cancer before it starts Mindy Gray and her husband, Blackstone president Jon Gray, gave the money in honor of Mindy's 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. We wanted to create a center that would be focused on this mutation, which would provide research, and support, and care, and thats why we founded the Basser Center.. Mindy Gray: Right now there is no viable tool for early detection of ovarian cancer. Since joining Blackstone in 1992, Jon has helped build the largest real estate platform in the world. [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. Pat has served on numerous grant study sections for both national and international organizations. The bridegroom, 25, is an associate in the real estate department of the Blackstone Group, an investment banking concern in New York. Read On, OCRA is the voice for the ovarian cancer community, engaging with policymakers to keep this fight a priority. Margaret received her Bachelor of Science in Accounting with a minor in History from the University of Scranton. . [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. Mindy Gray is the Co-Founder of the Gray Foundation. [5] His parents divorced when he was young. $5.30B can buy Gray owns 41 million shares and partnership units in Blackstone Group, according to the 2021 annual report. Read On, The ovarian cancer community needs you your support, your voice, your passion and commitment. No one was better at scooping up a bargain, sniffing out a sale, or stocking up on seriously reduced products than she. 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. Gray is president and chief operating officer of Blackstone Group, a New York-based alternative asset manager. Source: Daniel Burke Photo&Video via University of Pennsylvania. 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. He also held an Assistant Professor position at the Johns Hopkins School of Medicine, Department of Pathology, from 1998 until 2012. Most are units that are convertible into common stock on a one-for-one basis, according to the document. Mindy Gray: Right now there is no viable tool for early detection of ovarian cancer. 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. So, I became a Board Member in 2004, and an Executive Committee Member in 2007. He is also the President and Chief Operating Officer of Blackstone, one of the world's leading investment firms. The Gray Foundation is also focused on funding initiatives to advance the care of individuals living with BRCA mutations. 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. [31] This donation also established the Basser Global Prize,[32] honoring cutting-edge cancer research. Mindy's sister, Faith with son, Logan. In our case, it was not that it was overlooked by doctors; it was simply a question of not knowing our family history. He also serves on the board of Corebridge and Harlem Village Academies. and each individual billionaire profile contains a detailed analysis of how that person's fortune is tallied. 2023 Ovarian Cancer Research Alliance, Inc. She also previously directed the NYC Department of Educations Office of Strategic Partnerships, ran after-school and summer programs in the Bronx and Washington Heights, and taught English at Riverdale Country School. 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. [5] He was elected Phi Beta Kappa. OCRF: What is the ultimate goal of the Basser Center? 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. Gray was inducted into the Phi Beta Kappa honor society. TimesMachine is an exclusive benefit for home delivery and digital subscribers. 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. Mindy Gray: My sister Faith had a BRCA 1 gene mutation. Mindy Gray: Faith was my mentor, my guide, my role model. She was the best kind of mix of big sister, mother and friend. The Basser Center was named in honor of Faith Basser, Mindys sister, who passed away at age 44 from BRCA-related ovarian cancer. 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. 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. 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. 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. 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. The Big Take is the very best of Bloomberg's in-depth, original reporting from around the globe every day. What came out of the meeting was there are still a lot of work to be done in the pre-cancer stage. 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. We know the pain of losing a loved one and dont want any other family to suffer the way we have. Formerly, Jon served as Blackstone's Global Head of Real Estate. He is also the President and Chief Operating Officer of Blackstone, one of the world's leading investment firms. 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. Jon Gray's net worth of [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. https://www.nytimes.com/1995/07/02/style/weddings-mindy-basser-jonathan-d-gray.html. 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The Basser Center was named in honor of Faith Basser, Mindy's sister, who passed away at age 44 from BRCA-related ovarian cancer. OCRF: Tell us about your sister, Faith, your relationship, and her lasting impact on your life that sparked you to create such a tremendous legacy in her name. She holds a Bachelor of Arts in Sociology and Masters in Education Administration, Planning, and Social Policy from Harvard University. Jon Gray is the Co-Founder of the Gray Foundation. Family members died young and medical records never made it over, so there was simply no history of disease that could be tracked. The Basser Center Leadership Council tirelessly advocates, informs, and engages on behalf of the . We know the pain of losing a loved one and dont want any other family to suffer the way we have. 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. OCRAs support and education programs are available to help you navigate your diagnosis, treatment, and life after cancer. [33] Town & Country (magazine) noted this work in its "Top Philanthropists of 2016" feature, in which the Grays were included. converted to U.S. dollars at current exchange rates Read Mindy and Jon Gray created the Basser Professorship of Oncology as part of their gift to establish the Basser Center for BRCA in 2012. Raises world's largest opportunistic real estate fund. Mindy is the Board Chair of the Basser Center Advisory Boardand a former member of the Executive Board of Directors of the Ovarian Cancer Research Alliance (OCRA) where she served for over 10 years. It reminds me of investing, where youre a high-conviction investor, says Jon Gray, who made his name as Blackstones real estate baron and was promoted to cofounder Steve Schwarzmans No. Read On. In January 2014, the Basser Research Center announced an additional $5million gift from the couple to fund an external research grant program.

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