Family
Joyce Young, Bob Young's aunt, purchased stock in Red Hat Inc. shortly after its founding. When Red Hat's stock rose significantly after its initial public offering in 1999, they sold enough stock to recoup their initial investment, and retained some stocks. By January 2000, the remaining stock was valued in the millions. In June 2000, she donated $40 million to the Hamilton Community Foundation to be used largely in improvement of Hamilton-area health facilities, an act that represented one of the single largest charitable donations in Canadian history. The couple also made significant donations to the Royal Military College of Canada.
Read more about this topic: Bob Young (businessman)
Famous quotes containing the word family:
“It is extraordinary that when you are acquainted with a whole family you can forget about them.”
—Gertrude Stein (1874–1946)
“Being so wrong about her makes me wonder now how often I am utterly wrong about myself. And how wrong she might have been about her mother, how wrong he might have been about his father, how much of family life is a vast web of misunderstandings, a tinted and touched-up family portrait, an accurate representation of fact that leaves out only the essential truth.”
—Anna Quindlen (b. 1952)
“Blackmail is one of the great pastimes of family life.”
—Mason Cooley (b. 1927)