Joyce Young (born c. 1925) is a Canadian woman famous for a single act of philanthropy and for being the aunt of Red Hat Inc. founder Bob Young.
Young and her husband Bill Young, both residents of Ancaster, Ontario, opted to help their nephew Bob with his high-tech venture shortly after its founding. Red Hat, Inc. is a company dedicated to open source software such as Red Hat Linux, and Red Hat Enterprise Linux.
When Red Hat's stock rose significantly after its initial public offering in 1999, they were able to sell enough stock to recoup their initial investment, but chose to retain some stocks.
By January 2000, the remaining stock was valued in the millions. This enabled her to make, in June 2000, a donation of $40 million dollars 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. A long-time volunteer with local community groups, she later claimed her biggest concern was in giving away the money responsibly.
Famous quotes containing the words joyce and/or young:
“Greater love hath no man than this, that a man lay down his life for his friends.”
—Bible: New Testament Jesus, in John, 15:13.
In Ulysses, James Joyce wrote, “Greater love than this ... no man hath that a man lay down his wife for his friend.”
“The night in prison was novel and interesting enough.... I found that even here there was a history and a gossip which never circulated beyond the walls of the jail. Probably this is the only house in the town where verses are composed, which are afterward printed in a circular form, but not published. I was shown quite a long list of verses which were composed by some young men who had been detected in an attempt to escape, who avenged themselves by singing them.”
—Henry David Thoreau (1817–1862)