Personal Life and Philanthropy
Porter has three children from his first wife, Ada Guthrie, now deceased. He and his second wife Joan, who has one child from a previous marriage, have homes in Portola Valley, California and Princeville, Hawaii. Together, the Porters have ten grandchildren. Joan Porter is the founder and president of the Stillheart Institute in Woodside, CA.
In 1999, Porter and his wife Joan gave $25 million to MIT's Sloan School of Management :
| “ | My wife and I decided to give one major thing that would have significant meaning for humankind, and trying to leverage the Institute’s technological capability through entrepreneurship for the betterment of the human condition is it. | ” |
In 2007, the Porters gave 250,000 shares of E*trade stock to Adams State College (worth approximately $5.8 million at the time), the largest gift in school's history.
Read more about this topic: William A. Porter
Famous quotes containing the words personal, life and/or philanthropy:
“A man’s personal defects will commonly have with the rest of the world precisely that importance which they have to himself. If he makes light of them, so will other men.”
—Ralph Waldo Emerson (1803–1882)
“I was not born to be forced. I will breathe after my own fashion. Let us see who is the strongest. What force has a multitude? They can only force me who obey a higher law than I.... I do not hear of men being forced to live this way or that by masses of men. What sort of life were that to live?”
—Henry David Thoreau (1817–1862)
“... the hey-day of a woman’s life is on the shady side of fifty, when the vital forces heretofore expended in other ways are garnered in the brain, when their thoughts and sentiments flow out in broader channels, when philanthropy takes the place of family selfishness, and when from the depths of poverty and suffering the wail of humanity grows as pathetic to their ears as once was the cry of their own children.”
—Elizabeth Cady Stanton (1815–1902)