Source: Daniel Burke Photo&Video via University of Pennsylvania. Stone. 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 received her BachelorsofArts in English with a minor in History from the University of Pennsylvania, where she graduatedmagna cum laudein 1992. She holds an MPH from the Harvard T.H. Thinking bigger, we want to develop a preventive vaccine for those not yet affected and a cure for women who are! Margaret is the Executive Assistant at the Gray Foundation. We knew then that we did not want other families to ever suffer in the way that we had. The bride, 24, is a marketing executive at Edwin Schlossberg Inc., a design firm in New York. 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. Christine Anderson, a spokeswoman for Blackstone, didn't respond to requests for comment on Gray's net worth. 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. Chi Van Dang is the Chief Science Advisor for the Gray Foundation. His father worked in his family business, a maker of auto parts, while his mother ran a catering business, according to a 2011 profile of Gray in the New York Observer. He previously served as Director of the Abramson Cancer Center at the University of Pennsylvania Perelman School of Medicine. She is the Chair of the NYC Kids RISE Board and a member of the Basser Leadership Council at the Abramson Cancer Center at the University of Pennsylvania. To preserve these articles as they originally appeared, The Times does not alter, edit or update them. [37] This donation brings their total giving to the University of Pennsylvania to over $125 million. Under the same roof that scientific research is furthered, patients are diagnosed, treated and, we hope someday, CURED. [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. The hope is eventually BRCA-related cancers can be screened and treated at its earliest stages, rendering risk reduction surgeries obsolete. The very first event where I volunteered was OCRFs high-end garage sale Super Saturday. Most of Margarets career has been in an administrative capacity related to recruitment. Charissa has served on the boards of Trust for Public Lands - New York, DREAM, and Bronx Childrens Museum. He also serves as Scientific Director of the Ludwig Institute for Cancer Research and professor at The Wistar Institute. Read On. 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. [9], Gray was named in Fortune's "40 under 40,"[10] in 2009. What came out of the meeting was there are still a lot of work to be done in the pre-cancer stage. Each net worth figure is updated every business day after the close of trading in New York. 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. OCRF: If you could send one message to ovarian cancer survivors, their caregivers and loved ones, what would it be? The couple, both 52, also launched the NYC Kids RISE Save for College Program. Gray and Mindy Basser have two children. [15], In February 2018, it was announced that Gray would become president and chief operating officer of Blackstone, replacing Hamilton "Tony" James. The Basser Center is the global leader in funding research, education and care for individuals and their families living withBRCA1/2 mutations. [43] He lives in Manhattan with his wife and their four daughters. We endure this loss each and every day. 2023 Ovarian Cancer Research Alliance, Inc. A Personal Connection Becomes a Professional Mission. Youre passing this on, and thats why you get these families with the grandmother, the mother, the childrenmultigenerations of cancer. Through this pivotal initiative, the Basser Center is building a better future for patients and the medical community that serves them. Assumes role of president and chief operating officer of Blackstone. Both Mindy C'92 and Jon Gray C'92 . Jon and I are both University of Pennsylvania graduates and feel a deep connection to the University. 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. OCRF: As a longtime OCRF Board member, what are your feelings about the organization? Jon currently serves as Chairman of the Board of Hilton Worldwide and is a board member of Invitation Homes. Try telling this to a woman in her 20s who is BRCA-positive and not yet married. Despite our twelve-year age gap, she always treated me like an equal. He also serves on the board of Corebridge and Harlem Village Academies. We know a lot when patients present cancer, we know what they have, what are the genetic changes that lead to the cancer. I felt the more I was involved, the more I could help this mission. All rights reserved. [39] Gray serves on the board of The Trinity School, as well as on the board of Harlem Village Academies,[40] a group of charter schools in New York City. The event honored the memory of Marla. Penn graduates Jon Gray, C'92, W'92, and Mindy Basser Gray, C'92, are stepping in to help. Previously, Mindy worked as an editor at Ziff Davis Publishing and as a marketing executive at Edwin Schlossberg, Inc. Mindy received her Bachelor of Arts in English with a minor in History from the University of Pennsylvania. Mindy Gray: My sister Faith had a BRCA 1 gene mutation. 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. At the very least, we want to develop a tool that can discover disease well before it presents itself. [citation needed] In 2019, the Grays announced a $10 million gift to support first-generation, low-income students attending the University of Pennsylvania. In calculating net worth, Bloomberg News strives to provide the most transparent calculations available, Faith was artistic, creative, musical, and mathematical. 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. 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. Thanks to Faith, I was certainly among the only seven-year-olds seeing the movie Annie Hall the day it was released. [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. 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. At the very least, we want to develop a tool that can discover disease well before it presents itself. Previously, Mindy worked as an editor at Ziff Davis Publishing and then as a marketing executive at Edwin Schlossberg, Inc., an exhibit design firm. 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. [5] In 1992, Gray graduated from the University of Pennsylvania magna cum laude with a B.A. He joined Blackstone after graduating, working in both the corporate advisory services and private-equity groups. 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. 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. . This was when I knew that my relationship with OCRF was meant to be. My sister Faith was a serious discount shopper. The hard part of this is the multigenerational nature. Blackstone president Jonathan Gray and his wife, Mindy Gray. Jon Gray's net worth of 12/14/2012 | Mindy Gray was devastated by the passing of her beloved older sister, Faith Basser. December 14, 2012 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. We know the pain of losing a loved one and dont want any other family to suffer the way we have. OCRF: What is the ultimate goal of the Basser Center? She holds a Bachelor of Arts in Sociology and Masters in Education Administration, Planning, and Social Policy from Harvard University. OCRF: Why did you join OCRFs Board of Directors? The Gray Foundation is also focused on funding initiatives to advance the care of individuals living with BRCA mutations. The publicly traded company manages $915 billion in assets as of March 31, 2022. There are so many ways to lend a hand, to improve the lives of thousands of patients and their families, and get us one step closer to a cure. Formerly, Jon served as Blackstone's Global Head of Real Estate. Gift will support first-generation, low-income students, Grays also founded Basser Center for BRCA at their alma mater. Mindy Gray is a member of the executive committee of the Ovarian Cancer Research Fund Inc., the largest private philanthropy in the United States dedicated exclusively to funding ovarian cancer research. See the article in its original context from. 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. Jon and I are both University of Pennsylvania graduates and feel a deep connection to the University. Mindy Gray: We are ALL IN on this mission and wont stop until progress is made! 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. 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. The couple both graduated magna cum laude from the University of Pennsylvania, where he was elected to Phi Beta Kappa. 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. 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. In 2012, Mindy and Jon Gray made a transformative gift to establish the Basser Center for BRCA at Penn Medicine's Abramson Cancer Center and to date have given over $55 million towards its mission. She served as the Executive Director of Teach For America - New York, and the Chief Operating Officer of ExpandED Schools. He also serves as the Executive Director, Strategic Alliances of the Abramson Cancer Center at the University of Pennsylvania. 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. Jonathan D. Gray is born to Chicago entrepreneurs. 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. 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. He also held an Assistant Professor position at the Johns Hopkins School of Medicine, Department of Pathology, from 1998 until 2012. This month, the University of Pennsylvania announced a $10 million gift from the couple, . View Mindy Gray results in New York (NY) including current phone number, address, relatives, background check report, and property record with Whitepages. Mindy Gray gives a powerfu. Gray was born in Highland Park, Illinois to a Jewish family. Mindy Gray: I have always been impressed with the professionalism and passion that drives both the board and the staff at OCRF. Gray was global head of the firm's real estate business from 2005 into 2018, building it into a $115 billion asset operation. Maximizing access to education, healthcare and opportunity for low-income youth in New York City. Gray is president and chief operating officer of Blackstone Group, a New York-based alternative asset manager. For a young woman to have to prophylactically remove your ovaries is very emotional and also has implications because you immediately go into menopause.. Now, Domchek and her colleagues are taking aim at interception. OCRAs support and education programs are available to help you navigate your diagnosis, treatment, and life after cancer. in Read On, The ovarian cancer community needs you your support, your voice, your passion and commitment. 284 subscribers The biennial Basser Jean Bash fundraiser in Manhattan on November 18, 2019, raised $9 million to support BRCA-related cancer research. [26], As of 2018, Gray had donated $120 million in his lifetime. The Basser Center was named in honor of Faith Basser, Mindys sister, who passed away at age 44 from BRCA-related ovarian cancer. Jon and Mindy Gray's gift will fund an institute focused on early detection of breast, ovarian, pancreatic and prostate cancers. 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. 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. or the first in their families to attend collegethe latter being a group that is particularly close to heart for Mindy Gray, . [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. Charissa has dedicated the last 25 years to expanding educational opportunity for NYC youth. The Basser Jean Bash fundraiser in New York City on November 15, 2022, raised $17 million to support BRCA-related cancer research. Mindy Gray is the Co-Founder of the Gray Foundation. Anyone can read what you share. The psychological weight of this is very significant to families, says Jon Gray, who sees more symposiums and research funding in his foundations future. Read On. We are here to support you and your family, offering layers of support and many ways to connect. 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. 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. In February 2018, he was promoted to president and COO of Blackstone after 13 years as head of the firm's real estate business. He has given many lectures as an invited speaker, and has chaired several scientific symposia. Share Your Design Ideas, New JerseysMurphy Defends $10 Billion Rainy Day Fund as States Economy Slows, What Led to Europes Deadliest Train Crash in a Decade, This Week in Crypto: Ukraine War, Marathon Digital, FTX. Gray and Mindy Basser were married in 1995 at Temple Beth Zion Israel in Philadelphia, where Rabbi Ira F. Stone performed the service. 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. Penn graduates Jon Gray, C'92, W'92, and Mindy Basser Gray, C'92, are stepping in to help. OCRAs support and education programs are available to help you navigate your diagnosis, treatment, and life after cancer. He conducted his postdoctoral training at the Johns Hopkins Oncology Center in the laboratory of Dr. Bert Vogelstein, where he studied the molecular genetics of colorectal cancer. 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. In January 2014, the Basser Research Center announced an additional $5million gift from the couple to fund an external research grant program. articles a month for anyone to read, even non-subscribers! Blackstone raises $335 million for first real estate fund. There are so many ways to lend a hand, to improve the lives of thousands of patients and their families, and get us one step closer to a cure. Mindy Gray and her husband, Jon, president of the Blackstone investment firm, announced the gift Thursday. 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. [33] Town & Country (magazine) noted this work in its "Top Philanthropists of 2016" feature, in which the Grays were included. 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. Mindy Gray: Faith was my mentor, my guide, my role model. So, I became a Board Member in 2004, and an Executive Committee Member in 2007. 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. Joins Blackstone, starts building real estate investments. This field is for validation purposes and should be left unchanged. This field is for validation purposes and should be left unchanged. With the Basser Research Center, we want to ensure that families affected by BRCA 1 and BRCA 2 gene mutations can get the support and genetic counseling that they need and understand their lifetime risk of developing cancer. OCRF: What is the ultimate goal of the Basser Center? Community, Prev: $5.30B can buy Gray owns 41 million shares and partnership units in Blackstone Group, according to the 2021 annual report. Most are units that are convertible into common stock on a one-for-one basis, according to the document. After organizing the meeting last September, the foundation sought grant proposals from researchers around the world. Margaret received her Bachelor of Science in Accounting with a minor in History from the University of Scranton. Mindy and Jon Gray graduated from Penn in 1992. Identified in the mid-1990s, mutations in the BRCA1 and BRCA2 genes can lead to drastically higher rates of breast and ovarian cancer in women, as well as elevated risk of prostate and pancreatic cancer. He also serves on the board of Harlem Village Academies. 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. Were going out and asking them to think outside the box. The granteessome of whom are analyzing precancerous tissue while others are working on early detection methodswill meet again this winter to discuss and collaborate on their findings. You believe in a theme, I believe in global logistics, or I believe in midstream assets or whatever it is, and I find a great management team and go all in on that.. The bridegroom, 25, is an associate in the real estate department of the Blackstone Group, an investment banking concern in New York. 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. 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. [6] Gray withdrew his name from consideration[21] and Steven Mnuchin was eventually nominated and confirmed. This was when I knew that my relationship with OCRF was meant to be. Get email updates about research news, action alerts and ways to join the fight. From campus recruiting to executive search, Margarets previous experience includes working at Credit Suisse, Goldman Sachs and Heidrick & Struggles, among others. I am also a Philadelphia native and my parents still live there. [6][16], Gray was scheduled to speak at the November 2022 Global Financial Leaders' Investment Summit, with the Hong Kong Democracy Council claiming that his presence, along with other financial executives, legitimizes the Hong Kong government's whitewashing of the erosion of freedoms in the city. 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. Gray is president and chief operating officer of Blackstone Group, a New York-based alternative asset manager. [14] The firm would later come under criticism for its business model, and US Senator Elizabeth Warren criticized Blackstone for "shamelessly" profiting from the 2008 housing crisis. Jon Gray stood by his wife Mindy Tuesday night as they welcomed about a thousand guests to Cipriani Wall Street. My sister Faith was like a mother and best friend rolled into one, remembers Mindy. . TimesMachine is an exclusive benefit for home delivery and digital subscribers. The new institute will look for innovative ways to detect and treat BRCA-related cancers before surgery, radiation or chemotherapy become the necessary treatment.