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:
“Children’s lives are not shaped solely by their families or immediate surroundings at large. That is why we must avoid the false dichotomy that says only government or only family is responsible. . . . Personal values and national policies must both play a role.”
—Hillary Rodham Clinton (20th century)
“A family with an old person has a living treasure of gold.”
—Chinese proverb.
“For most women who are considering it, single motherhood is not their first choice, but it’s not their last one either. They would prefer a husband in their family, but they’d rather have a family without one than no family at all.”
—Anne Cassidy. “Every Child Should Have a Father But....,” McCall’s (March 1985)