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:
“Our children need to be able to see us take a stand for a value and against injustices, be those values and injustices in the family room, the boardroom, the classroom, or on the city streets.”
—Barbara Coloroso (20th century)
“There are one or two rules,
Half-a-dozen, maybe,
That all family fools,
Of whatever degree,
Must observe if they love their profession.”
—Sir William Schwenck Gilbert (1836–1911)
“Happy or unhappy, families are all mysterious. We have only to imagine how differently we would be described—and will be, after our deaths—by each of the family members who believe they know us.”
—Gloria Steinem (b. 1934)