Word: philanthropist
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Dates: during 1990-1999
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...wife Alma was thinking he ought to get out of the basement more. He had a stack of offers from corporate boards, foundations and academia that if laid end to end would circle the Pentagon and make the Republican who actually did run weep. Then Ray Chambers, a philanthropist who has devoted the past decade to salvaging kids in Newark, New Jersey, asked Powell to look at an idea, first proposed by Governor George Romney before his death in 1995, to convene a national, star-studded event to promote volunteerism...
WASHINGTON, D.C.: Last year's surgery on welfare drew plenty of criticism for its decreases in benefits for legal U.S. immigrants. Billionaire financier George Soros, an immigrant himself, called the bill "mean-spirited." Now the Hungarian-born philanthropist is taking matters into his own hands. Soros created the Emma Lazarus Fund last fall with $50 million to aid immigrants affected by the new law; on Thursday, after consideration of over 400 grant applications, the first round of awards will go to work. Over $11.8 million will go to 22 advocacy groups, including Hispanic, Asian, Catholic and Jewish organizations. The money...
...also the beginning of a new phase in Ho's career. Philanthropist Irene Diamond had decided to found an AIDS research center in New York City and had chosen Ho as its director. He was 37 years old. "I took a bit of flak because everybody said, 'He's so young, he's unknown.'" she recalls. "I said, 'I don't want a star, I want a wonderful scientist.'" For his part, Ho considered the benefits of having more lab space and secure financial backing. "It was still a risky venture," he remembers. "Marty Hirsch said, 'You're crazy. This...
...investment banker and a philanthropist, Loeb founded Carl M. Loeb and Company with his father. He was senior partner of the company, which was renamed Loeb, Rhoades and Company, from...
...January, Joan Irvine Smith, a California philanthropist and horsewoman who was impressed by Reeve's energy and by the fact that he never blamed his horse for the injury, donated $1 million for the establishment of the Reeve-Irvine Center for spinal-cord research at the University of California at Irvine; the state will match her million. She also established $50,000 prize for the neuroscientist who made the greatest progress in a given year. In February, Reeve did the Larry King Live show, making an explicit appeal for donations for the American Paralysis Association--another considerable success. The following...