All articles tagged with #marcus foundation
The Marcus Foundation donated $28.7 million to USC’s Stem Cell Center to accelerate clinical trials of stem cell–based therapies to regenerate heart tissue after a heart attack; the gift is the foundation’s largest to USC and underscores decades of biomedical philanthropy, which has totaled over $2.7 billion since 1989 and supported related initiatives in stroke research and other medical centers.
Bernie Marcus, co-founder of Home Depot, passed away at 95, leaving behind a legacy of philanthropy. He committed to giving away nearly all his wealth, with his Marcus Foundation tasked to distribute 90% of his remaining billions within 20 years. Marcus, who was deeply influenced by his mother's teachings on helping others, focused his charitable efforts on medical research, Jewish causes, community support, and veterans. His foundation has already donated over $2.7 billion, and now faces the challenge of distributing significantly more in a shorter timeframe.