Gregarious Billionaire Philanthropist Stewart Rahr made history last night with an 8 figure donation – $10 Million Dollars – in New York City Monday night to the Make-A-Wish® Organization. Make-A-Wish is one of the world’s leading children’s charities, serving children in every community in the United States and its territories. With the help of generous donors and more than 25,000 volunteers, Make-A-Wish grants a wish somewhere in the country every 38 minutes. It has granted more than 226,000 wishes since its inception in 1980.
The donation was the largest individual donation the organization has ever received.
Rahr is listed as #298 on the Forbes 400 according to Forbes Magazine. Rahr sold his pharmaceutical distribution company for $1.3 billion and put aside $100 million to establish the Rahr Foundation.
He has given recent generous donations to the Arnold Palmer Hospital for Children, the College of Physicians and Surgeons at Columbia University, the NYU School of Medicine, the Robin Hood Foundation, the Israel Cancer Research Foundation, Friends of the Israel Defense Forces, and the Celebrity Fight Night Foundation.
Rahr is one of the most generous wish-granting donors in Make-A-Wish history whose contributions stretch over the past 15 years,
“This changes everything. Over the past 15 years, Stewart has made a difference for countless children and families and created lifelong impact for them all. This gift is an opportunity to change the course of this organization’s future,” said Patricia Clemency, President and CEO of Make-A-Wish Metro New York and Western New York.
For more information, contact Ronn Torossian of 5WPR at 212-999-5585.
SOURCE http://www.jewocity.com/blog/billionaire-stewart-rahr-gives-10-million-dollar-donation-to-make-a-wish/7260
The donation was the largest individual donation the organization has ever received.
Rahr is listed as #298 on the Forbes 400 according to Forbes Magazine. Rahr sold his pharmaceutical distribution company for $1.3 billion and put aside $100 million to establish the Rahr Foundation.
He has given recent generous donations to the Arnold Palmer Hospital for Children, the College of Physicians and Surgeons at Columbia University, the NYU School of Medicine, the Robin Hood Foundation, the Israel Cancer Research Foundation, Friends of the Israel Defense Forces, and the Celebrity Fight Night Foundation.
Rahr is one of the most generous wish-granting donors in Make-A-Wish history whose contributions stretch over the past 15 years,
“This changes everything. Over the past 15 years, Stewart has made a difference for countless children and families and created lifelong impact for them all. This gift is an opportunity to change the course of this organization’s future,” said Patricia Clemency, President and CEO of Make-A-Wish Metro New York and Western New York.
For more information, contact Ronn Torossian of 5WPR at 212-999-5585.
SOURCE http://www.jewocity.com/blog/billionaire-stewart-rahr-gives-10-million-dollar-donation-to-make-a-wish/7260
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