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:
“My Friend is not of some other race or family of men, but flesh of my flesh, bone of my bone. He is my real brother.”
—Henry David Thoreau (1817–1862)
“Children should know there are limits to family finances or they will confuse “we can’t afford that” with “they don’t want me to have it.” The first statement is a realistic and objective assessment of a situation, while the other carries an emotional message.”
—Jean Ross Peterson (20th century)
“Female Virtues are of a Domestick turn. The Family is the proper Province for Private Women to Shine in. If they must be showing their Zeal for the Publick, let it not be against those who are perhaps of the same Family, or at least of the same Religion or Nation, but against those who are the open, professed, undoubted Enemies of their Faith, Liberty, and Country.”
—Joseph Addison (1672–1719)