Paul Allen to Donate Majority of His Wealth to Charity

Paul Allen to Donate Majority of His Wealth to Charity

In conjunction with the twentieth anniversary of the Paul G. Allen Family Foundation, Microsoft co-founder Paul Allen has announced that he will leave the majority of his multibillion-dollar estate to charity. In addition, the foundation announced awards totaling $3.9 million to forty-one organizations as part of its first round of grants this year.

Through his family foundation and personal charitable gifts, Allen has donated more than $1 billion to a wide variety of organizations working to help transform lives and strengthen communities, primarily in the Pacific Northwest. "I've planned for many years now that the majority of my estate will be left to philanthropy to continue the work of the foundation and to fund nonprofit scientific research like the groundbreaking work being done at the Allen Institute for Brain Science," Allen said. "As our philanthropy continues in the years ahead, we will look for new opportunities to make a difference in the lives of future generations."

In recognition of its twentieth anniversary, the foundation awarded five special grants of $20,000 each to founders of nonprofits in the region it has supported. The recipients are Rachel Bristol, CEO of the Oregon Food Bank; Bridge Cooke, executive director of Adelante Mujeres, a grassroots organization that works to educate and empower Latina women and their families; Jeanne Harmon, executive director of the Center for Strengthening the Teaching Profession; Myra Platt and Jane Jones of the Book-It Repertory Theatre; and Ken Stuart, president of the Seattle Biomedical Research Institute.

"Since the beginning, our philanthropy has been focused in the Pacific Northwest, where I live and work," Allen said. "I'm proud to have helped fund great work done by nonprofit groups throughout the region. But there's always more to do. There are many challenges, both here in the Northwest and around the world, that I know will keep us looking for ways to help."

For a complete list of grants announced by the foundation, visit the Paul G. Allen Family Foundation Web site.

"Philanthropist Paul G. Allen Celebrates 20th Anniversary of Family Foundation." Paul G. Allen Family Foundation Press Release 07/15/2010.