Blazers Owner Paul Allen Ranked No. 3 American Philanthropist In 2011
Every year, Philanthropy.com ranks the American men and women who donate the most money to charity.
This year, Portland Trail Blazers owner Paul Allen ranked No. 3 on the list, donating an astonishing $372.6 million in 2011. He was the No.1 American giver who is still alive.
Allen trailed only Margaret Cargill and William S. Dietrich III. Cargill left billions in her will to two nonprofits while Dietrich left more than $500 million in his will to numerous nonprofits.
Allen's giving is detailed here.
--------------------------
Mr. Allen, 59, gave $295-million to endow his Paul G. Allen Family Foundation, which supports arts and culture, education, and social-service programs, primarily in the Pacific Northwest. The foundation gave nearly $4-million last year, including $500,000 to the Historical Society of Seattle and King County, for a new museum; $400,000 to the Lake Washington School District, in Redmond, Wash., for science, technology, engineering, and mathematics programs; $250,000 to the Urban Institute, in Washington, to conduct an evaluation of low-cost housing and human-services in Portland, Ore.; $240,000 to the Shorebank Enterprise Group Pacific, in Ilwaco, Wash., for computer support, and a loan program for Native American entrepreneurs; and $225,000 to FareStart, a Seattle food bank, to expand the group’s job-training program for homeless adults.
On top of the donation to his foundation, Mr. Allen gave $70-million last year to the Allen Institute for Brain Science to support the Seattle institute’s neuroscience and genomics-research programs. Mr. Allen established the brain institute in 2003.
--------------------------
Allen was ranked No. 31 for 2010 giving. He's been ranked in the top-50 for the last nine years. His previous high was No. 6 in 2003.
-- Ben Golliver | benjamin.golliver@gmail.com | Twitter
4 months ago
Ben Golliver
34 comments
9 recs |
Comments
$372.6 MILLION in one year.
Respect, indeed.
There have been a lot of bobble-headed drones that let Cunzano hypnotize them into thinking Paul Allen is some kind of numb nut schlemiel who bumbled his way into a fortune and can’t resist meddling with Portland’s basketball team. Other reds complain that Paul is a filthy greedy elitist who janks them out of their hard earned cash with unfair ticket prices.
Hey guys, he’s been ranked in the top 50 for the past 9 years. Enough said.
by manfredi on Feb 6, 2012 6:28 PM PST up reply actions 1 recs
Top two were from wills
So this makes PA the top living philanthropist. :) Well done, Mr. Allen. Well done.
by Rodney Gustafson on Feb 6, 2012 1:38 PM PST reply actions
he should give the blazers a GM too.
A displaced Sonics fan that has somehow emerged as a Blazers fan (and loves it).
by anitachampionship on Feb 6, 2012 1:41 PM PST reply actions
does the blazers payroll count towards this?
just kidding, you guys. excellent thing to do. can’t believe how rich this guy is, no matter how many times i hear it.
philanthropist
because he basically gives a guy millions of dollars to just sit around
Thank you, Mr. Allen...
Your contributions make the world, and the Pacific Northwest in particular, a better place.
I for one am grateful he is here and that he loves basketball enough to own the Blazers. If he were not, it is quite possible the Blazers would not be as well. Like many things in life (including all of us), Paul Allen may not be perfect, but he deserves our respect and our thanks.
by HiPo Steve on Feb 6, 2012 2:48 PM PST reply actions 1 recs
People have said a lot of unflattering things about Paul Allen,
especially during the recent lockout. Reading this helps put all that other stuff in perspective.
"I'm not trying to brag or anything, but I'm exciting."
- Jamal Crawford
Paul Allen is a Bad Mother-Filanthropist
even more reason to love this team.
lol, what if we all loved the Clips and had to deal with Donald Sterling?
that would suck.
"If you can do a half-assed job of anything, you're a one-eyed man in a kingdom of the blind."
by thankyouforblaze on Feb 6, 2012 3:22 PM PST reply actions
What % of his wealth/income is that though?
Kudos for giving, but compare to someone who nets $50k+assets….isnt 350m compared to 30+billion(correct?) not a huge drop in bucket?
Then factor in tax writeoffs and other bonuses.
What I want to see more is nba players buying less fancy crap, and helping out communities more so. I know many do, but im sure they can do more.
OSU '06
GForce Crash Wallace FTW!
by TyboOSU on Feb 6, 2012 3:55 PM PST via mobile reply actions
I don't care what percentage he gives away, he could give away zero.
Regardless of tax breaks, he’s one of the biggest givers to charity in the country. I just don’t need to ask him, “why aren’t you donating more?”, since it’s his call.
by Timmay! on Feb 6, 2012 4:19 PM PST up reply actions 13 recs
the thing is, why hasn't he given me specifically any money?
the cheap bat turd (sounds like …)
"If you can do a half-assed job of anything, you're a one-eyed man in a kingdom of the blind."
by thankyouforblaze on Feb 6, 2012 4:35 PM PST up reply actions
btw Timmay, has anyone contacted Blazer offices
about donating tickets to BEdge for the kids or whatnot?
I mean, I know this is for the fans to help out, but I wasn’t sure if the Blazers did anything like a kids’ night themselves, or helped out with this good cause (also, I need to donate soon!).
"If you can do a half-assed job of anything, you're a one-eyed man in a kingdom of the blind."
by thankyouforblaze on Feb 6, 2012 4:37 PM PST up reply actions
Not sure either!
Might try mailing that question to Dave, he’s the engine that makes Blazersedge night happen.
Wait...
350m out of 30b a drop in the bucket? He donated 1% of his net worth in a single year. I’m not agreeing that percent matters, but if it did, I think he comes out of it looking pretty damn good.
"Statistics are like bikinis. What they reveal is suggestive, but what they conceal is vital." - Aaron Levenstein
Correction:
Allen is estimated to be worth 13b, so 350m is 2.7% of his net worth in a single year. According to the 2011 census the average net worth of 59 year old Americans is $180,125, so 2.7% of their net worth is $4,863.
"Statistics are like bikinis. What they reveal is suggestive, but what they conceal is vital." - Aaron Levenstein
that is very nice of him
But has nothing to do with Blazer decision making :)
just win baby !
by FrenchieFan on Feb 6, 2012 4:23 PM PST via mobile reply actions
Toats McGoats FF.
who needs Philanthropy when you could throw an orange ball through a hoop.
Giving is overrated. Now taking is where it’s at!
"If you can do a half-assed job of anything, you're a one-eyed man in a kingdom of the blind."
by thankyouforblaze on Feb 6, 2012 4:39 PM PST up reply actions
Thanks Paul Allen!
But some of the posts on here are really mindless.
so are some of the comments...
"If you can do a half-assed job of anything, you're a one-eyed man in a kingdom of the blind."
by thankyouforblaze on Feb 6, 2012 6:23 PM PST up reply actions
I had no idea.
I am very impressed. I’ve always felt lucky to have his deep pockets behind our team. Now I feel honored that he is associated with our city.
Very cool.
I wonder if he’s joined the other mega-billionaires in donating the vast majority of his net worth to charity upon his death.
Considering his medical struggles
I imagine announcing the contents of his will is not something he would be interested in doing. Bill Gates and Warren Buffet are relatively healthy, so speculation on a proclamation like that is minimal.
"Statistics are like bikinis. What they reveal is suggestive, but what they conceal is vital." - Aaron Levenstein
As far as I can see on that list, the largest single donation to just one cause (and not a foundation collecting it first before distributing it more or less widely) came from the Google co-founder
Mr. Brin and Ms. Wojcicki, both 38, gave more than $61.9-million to the Michael J. Fox Foundation for Parkinson’s Research
That could really make a dent in the future of this issue.
Also interesting what industries the donors came from. Some stereotypes don’t apply.
And the amounts given to some universities are massive. That is one great benefit US universities have over just about any other country where there is no tradition of alumni given such large sums to their alma mater and expect the state to fund them, often with total budgets not bigger than those donations.
Thank You Paul Allen
This makes me much prouder of your team! Thanks!
"If you hold a cat by the tail you learn things you cannot learn any other way" Mark Twain
by Rick C in Tigard on Feb 9, 2012 7:00 PM PST reply actions
































