Mindy Gray: Faith was my mentor, my guide, my role model. 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. The Basser Center is the global leader in funding research, education and care for individuals and their families living withBRCA1/2 mutations. She is the Vice-Chairperson and Treasurer of the NYC Kids RISE Board and a member of the Basser Leadership Council at the Abramson Cancer Center at the University of Pennsylvania. [35] In July 2019, it was announced that the Grays would donate a further $25million for research on pernicious genetic mutations that can lead to breast and ovarian cancer. [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. We endure this loss each and every day. 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. Get email updates about research news, action alerts and ways to join the fight. The donation was made to establish and fund the Cancer . I felt the more I was involved, the more I could help this mission. Valuations are Mindy Gray: Faith was my mentor, my guide, my role model. 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. Some women with faulty BRCA genes have taken a very proactive approach. Meet Rajiv Jain, The Asset Management Billionaire Backing The Embattled Adani Group, Inside Mediobanca, The Investment Bank Making Record Profits Taking Italys Biggest Brands Public, Checks & Imbalances: Trump Collaborates On Song With Jan. 6 Prisoners, Ethics Panel Publishes Inquiry Into AOC, Trump And Jan. 6 Prisoners Collaborate On New Song Called Justice For All, Alexandria Ocasio-Cortez Likely Violated Ethics Laws With Met Gala Appearance, Says House Ethics Office, Exclusive: Mark Zuckerberg And Priscilla Chan On Their New Biohub In Chicago And How They Plan To Spend Billions To Help Others Cure Or Manage Disease, Exclusive: New Investigation Reveals Gautam Adanis Older Brother As Key Player In Adani Groups Biggest Deals, Checks & Imbalances: Trumps Tower Of Lies, Pompeos Book Sales. [41] In 2021 the Gray Foundation contributed $15 million to a program that opens a college savings account with $100 for every child enrolled in New York City public kindergartens. 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. The couple has supported the University throughout their 25 years since graduation. [26], As of 2018, Gray had donated $120 million in his lifetime. My sister Faith was a serious discount shopper. 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. 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. At the time of its . OCRF: As a longtime OCRF Board member, what are your feelings about the organization? Their journey began in 2000, when Mindys older sister, Faith Basser, was diagnosed with ovarian cancer. Gray has been a major Democratic donor, backing Hillary Clinton in 2016[21] and several Democratic presidential candidates in the 2020 election[22][23][24][25], The Gray Foundation was launched in 2014, focusing on inherited BRCA mutations and increasing access to education and healthcare for low-income youth in New York City. Her mother is a legal assistant at Schubert, Bellwoar, Mallon & Walheim, a law firm in Philadelphia. He began his careerat Johns Hopkins University School of Medicine, where he becameDirector of the Division of Hematology, the Johns Hopkins Family Professor in Oncology Research, the Vice Dean for Research and Director of the Hopkins Institute for Cell Engineering. 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. [44], Last edited on 15 February 2023, at 14:27, Global Financial Leaders' Investment Summit, "Jon Gray Skips Party, Afraid Record Buyout Will Fail", "Blackstone Reports Record Year: Jonathan Gray's Real Estate Group Chips In 60% Of The Profits Jewish Business News", "Jonathan Gray, Blackstone's Real Estate Wizard Behind the Curtain" By Matt Chaban, "Jon Gray is the future of Blackstone. Mindy Gray: My sister Faith had a BRCA 1 gene mutation. 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. From our very first visit to the Abramson Cancer Center within which The Basser Research Center is housed, we were impressed with its beaker to bedside capabilities. Previously, Charlotte was the Director of Public Programming at the Seleni Institute, a clinic and nonprofit foundation focused on reproductive and maternal mental health. 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. Gray raised the world's largest private real estate fund with $13.3 billion in 2012. 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. In 2016, it was reported that Gray was under consideration as Treasury Secretary for the incoming presidential administration of Donald Trump. December 14, 2012 Try telling this to a woman in her 20s who is BRCA-positive and not yet married. 2023 Ovarian Cancer Research Alliance, Inc. All rights reserved. Mindy Gray: The ultimate goal of the The Basser Center is eradicating risks from BRCA-related cancers once and for all. [5] He was elected Phi Beta Kappa. 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. . 2023 Ovarian Cancer Research Alliance, Inc. Assumes role of president and chief operating officer of Blackstone. In his senior year at University of Pennsylvania, not long before accepting an offer to work at Blackstone Group Inc., Jon Gray put down a book at the library to ask out Mindy Basser. Blackstone has $915 billion in assets under management as of March 31, 2022, according to the company's website. Shari and her husband, Len Potter, created the Basser Global Prize initiative at the Center to fund BRCA research. No one was better at scooping up a bargain, sniffing out a sale, or stocking up on seriously reduced products than she. We know a lot when patients present cancer, we know what they have, what are the genetic changes that lead to the cancer. [6] Gray withdrew his name from consideration[21] and Steven Mnuchin was eventually nominated and confirmed. In our case, it was not that it was overlooked by doctors; it was simply a question of not knowing our family history. in Raises world's largest opportunistic real estate fund. . The billionaire has collected more than $1 billion in dividends and compensation since 2011, according to data compiled by Bloomberg. My father is 94 and a first-generation American and my mother is first generation as well. View Mindy Basser Gray results in Maine (ME) including current phone number, address, relatives, background check report, and property record with Whitepages. Formerly, Jon served as Blackstone's Global Head of Real Estate. Gray was born in Highland Park, Illinois to a Jewish family. 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. All rights reserved. OCRF: If you could send one message to ovarian cancer survivors, their caregivers and loved ones, what would it be? My sister Faith was like a mother and best friend rolled into one, remembers Mindy. Jon and Mindy Gray, Penn President Amy Gutmann and some of the freshmen the Grays are supporting. He also held an Assistant Professor position at the Johns Hopkins School of Medicine, Department of Pathology, from 1998 until 2012. Unfortunately, we did not know this before she was diagnosed with ovarian cancer. Gray recently donated $10million to purchase a building in northern Manhattan which will serve as the organization's second elementary school. 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No one was better at scooping up a bargain, sniffing out a sale, or stocking up on seriously reduced products than she. View Mindy Basser Gray's record in Willows, CA including current phone number, address, relatives, background check report, and property record with Whitepages. The hope is eventually BRCA-related cancers can be screened and treated at its earliest stages, rendering risk reduction surgeries obsolete. Posted on December 14, 2012 in Community, Prev: A Personal Connection Becomes a Professional Mission, Next: Partner Member Profile: Bright Pink. No surprise that she was also an incredible, and incredibly doting, mom. [27], In February 2023, the Grays were named to The Chronicle of Philanthropys list of the 50 biggest donors in 2022. 2023 Ovarian Cancer Research Alliance, Inc. A Personal Connection Becomes a Professional Mission. Pat holds Bachelors and Masters degrees in biophysics from the University of Quebec, Canada and obtained his Ph.D. in molecular biology from Boston University. The new institute will look for innovative ways to detect and treat BRCA-related cancers before surgery, radiation or chemotherapy become the necessary treatment. 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 bride, 24, is a marketing executive at Edwin Schlossberg Inc., a design firm in New York. In calculating net worth, Bloomberg News strives to provide the most transparent calculations available, So, I became a Board Member in 2004, and an Executive Committee Member in 2007. [34], In May 2017, the Grays announced they would be donating $21million to the Basser Center for BRCA at the University of Pennsylvania, bringing their total pledges to the initiative to $55million. Mindy is 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. At Jills suggestion, I reached out to OCRF to ask how I could get involved. From campus recruiting to executive search, Margarets previous experience includes working at Credit Suisse, Goldman Sachs and Heidrick & Struggles, among others. Try telling this to a woman in her 20s who is BRCA-positive and not yet married. In 2012, Mindy and Jon Gray made a transformative gift to establish the Basser Center for BRCA at Penn Medicines Abramson Cancer Center and to date have given over $55 million towards its mission. He has given many lectures as an invited speaker, and has chaired several scientific symposia. Mindy Gray: The ultimate goal of the The Basser Center is eradicating risks from BRCA-related cancers once and for all. In 2012, Mindy and her husband, Jon Gray, established the Basser Center for BRCA at Penn Medicine's Abramson Cancer Center in honor of Faith. For a young woman to have to prophylactically remove your ovaries is very emotional and also has implications because you immediately go into menopause.. [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. Despite our twelve-year age gap, she always treated me like an equal. Since joining Blackstone in 1992, Jon has helped build the largest real estate platform in the world with $115 billion in investor capital under management. He has led the privatization of public real estate companies valued at more than $100 billion, including Extended Stay America, Carr America, Equity Office Properties and Hilton Hotels. In 1998, Pat joined the NIH to head a research laboratory focused on ovarian cancer. Mindy Gray: I have always been impressed with the professionalism and passion that drives both the board and the staff at OCRF. OCRF: What is the ultimate goal of the Basser Center? He joined Blackstone after graduating, working in both the corporate advisory services and private-equity groups. Gray is president and chief operating officer of Blackstone Group, a New York-based alternative asset manager. I am also a Philadelphia native and my parents still live there. The Gray Foundation is also focused on funding initiatives to advance the care of individuals living with BRCA mutations. The hard part of this is the multigenerational nature. The Basser Center was named in honor of Faith Basser, Mindys sister who died ofBRCA-relatedovarian cancer at the age of 44. Family members died young and medical records never made it over, so there was simply no history of disease that could be tracked. our complete methodology , Design & development: Christine Anderson, a spokeswoman for Blackstone, didn't respond to requests for comment on Gray's net worth. Most are units that are convertible into common stock on a one-for-one basis, according to the document. He graduated magna cum laude from the University of Pennsylvania in 1992, receiving a degree in economics from the Wharton School as well as an English degree at Penn. Stakes in publicly traded companies are valued using the share's most recent closing price. At the very least, we want to develop a tool that can discover disease well before it presents itself. Both Mindy C'92 and Jon Gray C'92 . 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. 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. [2] Early life [ edit] Gray was born in Highland Park, Illinois to a Jewish family. Penn graduates Jon Gray, C'92, W'92, and Mindy Basser Gray, C'92, are stepping in to help. Partner Member Profile: Bright Pink. 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. Mindy Gray and her husband, Jon, president of the Blackstone investment firm, announced the gift Thursday. and each individual billionaire profile contains a detailed analysis of how that person's fortune is tallied. Bloomberg reporting. The couple both graduated magna cum laude from the University of Pennsylvania, where he was elected to Phi Beta Kappa. Jon and I are both University of Pennsylvania graduates and feel a deep connection to the University. Read On, OCRA is the voice for the ovarian cancer community, engaging with policymakers to keep this fight a priority. 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 Basser, a daughter of Pearl and Philip B. Basser of Philadelphia, is to be married this evening to Jonathan David Gray, a son of Susan Florsheim of Highland Park, Ill., and Allen Gray of Barrington, Ill. Maximizing access to education, healthcare and opportunity for low-income youth in New York City. 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. The Gray Foundation On Tuesday, private equity tycoon Jonathan Gray and his wife Mindy announced $25 million in funding for. The Basser Jean Bash fundraiser in New York City on November 15, 2022, raised $17 million to support BRCA-related cancer research. 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. Thinking bigger, we want to develop a preventive vaccine for those not yet affected and a cure for women who are! 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 . 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. The value of his cash investments is based on an analysis of income, taxes and market performance. We had an engineer from MIT in the meeting, and theyre on standby to work with the other groups and say, if you guys find some signals for early cancers, we can build new drugs that will go right after those cells specifically and eradicate them.. Gray was global head of the firm's real estate business from 2005 into 2018, building it into a $115 billion asset operation. Mindy received her BachelorsofArts in English with a minor in History from the University of Pennsylvania, where she graduatedmagna cum laudein 1992. Charissa Fernndez is the President of the Gray Foundation. He became co-head of the real estate group in 2005 and global head of real estate in 2011,[6] overseeing a portfolio of hotel, office, retail, industrial, and residential properties in the U.S., Europe, and Asia. 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. 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. In February 2018, he was promoted to president and COO of Blackstone after 13 years as head of the firm's real estate business. 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. Her father owns an advertising agency in Philadelphia that bears his name. [12][13] The Wall Street Journal reported that Gray went on the biggest home buying spree in history after the foreclosure crisis, spending $10billion in the company's first four years. Penn graduates Jon Gray, C'92, W'92, and Mindy Basser Gray, C'92, are stepping in to help. 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.