Tom Golisano Makes Remarkable Philanthropic Gifts of $360 Million to 82 Non-Profits Across Upstate New York [Yahoo! Finance]
Paychex, Inc. (PAYX)
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Source: Yahoo! Finance
Sept. 17, 2024 /PRNewswire/ -- Tom Golisano, entrepreneur, philanthropist, and civic leader, today announced an unprecedented and historic series of major awards totaling $360 million to 82 non-profit organizations in Rochester Buffalo , and Syracuse, New York . This commitment nearly doubles Golisano's lifetime giving, bringing the total to $775 million , with more to be expected. The unrestricted, multiyear awards range from to $20 million each, paid over four to five years, spanning healthcare, education, animal welfare, disability services, and other crucial community needs. Almost all of the organizations who learned today that they are receiving a major award have been recipients of prior awards by Mr. Golisano and/or the Golisano Foundation. This significant financial commitment represents support for a diverse range of causes, all of which are meaningful to Tom and follow suit with prior awards given. Awards received may be used at each organization's discretion. Capping t
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