Now Reading
$85 million in latest donation gifted to 41 nonprofits by philanthropist Tom Golisano -bringing his total giving to date to over $860 million
Dark Light

$85 million in latest donation gifted to 41 nonprofits by philanthropist Tom Golisano -bringing his total giving to date to over $860 million

Philanthropist Tom Golisano presented $85 million in gifts to 41 different Southwest Florida nonprofits in five categories at a Nov. 19 event in Naples.

About 150 representatives from organizations across the five categories — health, education, intellectual and developmental disabilities, community and animal welfare — were in the audience at arts venue Artis—Naples as Golisano made the presentations.

Golisano, who founded Paychex, the nation’s largest human resource company for small- to medium-sized businesses, said he was impressed with the dedication and innovation of the organizations that he has had the opportunity to build relationships with in Florida.

Golisano Foundation officials said this distribution brings Golisano’s philanthropy this year alone to $500 million and his lifelong philanthropy to $860 million.

“I know raising money is not easy for a nonprofit, and it’s been extremely rewarding to see what’s been accomplished by organizations that I’ve provided financial support,” he said. “I know you guys have a tough job raising money. I’ve said it many times, and lately more than ever, the only wealth you get to keep is that which you give away.

“And since I applied for immortality and was denied, I’m here today to give some away,” he told the crowd, to loud applause, adding that the amount would total $85 million.

The largest awards, $10 million each, went to Golisano Children’s Hospital and Ave Maria University in the fields of health care and education. Naples Comprehensive Health received $5 million (after another recent gift of $5 million from the Golisano Foundation), and the Guadalupe Center received $3 million. Other organizations receiving $5 million include Easterseals Southwest Florida, Family Initiative, Goodwill Industries of Southwest Florida, LARC Inc. and STARability.

The gifts, which will be paid over four to five years, were all unrestricted.

Jonathan Foerster, CEO of the Golisano Children’s Museum of Naples, which received $4 million, said the unrestricted aspect of the gift means the donor is leaving it up to the organization to determine the best use for the funds.

“It’s amazing, in a time when many donors want to specify very much [the use], that Mr. Golisano is trusting these organizations,” Foerster said. “He’s believing in us that we’re going to know what best to do with that money, and he’s giving us that freedom to say, ‘What do you need to do now?’ rather than it needs to be in an endowment, or it needs to go to a building. He’s saying, ‘I trust you. I believe in your mission, I believe in your organization, and you’re going to do the right thing.’”

Dr. Larry Antonucci, president and CEO of Lee Health, said the $10 million gift to the system’s Golisano Children’s Hospital provides the flexibility to expand services to a growing population.

“We deliver a full kindergarten class [of babies] every single day at our OB hospital,” Antonucci said, “so we know the need for pediatric care is going to grow dramatically. And this type of gift really allows us to target our treatments and target our programs to the growing region, and to our children.”

NCH President and CEO Paul Hiltz described Golisano’s latest gifts as “life-changing” and said NCH would be using the $5 million it received to “immediately” make some cardiac and stroke services more accessible to the region.

“We’ve got a project that we had kind of teed up, and this will allow us to do it muchquicker than we could have,” Hiltz said after the ceremony.

Organizations receiving gifts :

Health – two organizations – $15 million

Golisano Children’s Hospital of Southwest Florida – $10 million

Naples Comprehensive Health – $5 million

Education – two organizations – $13 million

Ave Maria University – $10 million

Guadalupe Center – $3 million

Intellectual & Developmental Disabilities – 12 organizations – $32 million

Best Buddies Southwest Florida – $1 million

Beyond the Spectrum Inc. $1 million

Easterseals Southwest Florida – $5 million

Family Initiative – $5 million

Goodwill Industries of Southwest Florida – $5 million

Guardian Angels for Special Populations – $1 million

LARC Inc. – $5 million

Protected Harbor – $1 million

Special Olympics – Florida – $1 million

 STARability – $5 million

Sunrise – Naples – $1 million

The Haven – $1 million

Community – 5 organizations – $15 million

American Red Cross Southwest Florida – $3 million

Children’s Advocacy Center of Southwest Florida- $2 million

Golisano Children’s Museum of Naples – $4 million

Meals of Hope – $3 million

Youth Haven – $3 million

Animal Welfare – 20 organizations – $10 million

Animal Rescue Coalition – $1 million

Cape Coral Animal Shelter – $1.5 million

Gulf Coast Humane Society – $1.5 million

Humane Society Naples – $500,000

SNIP Collier – $1.5 million

Anna Maria Island Pup Rescue – $150,000

Big Dog Ranch Rescue  – $500,000

Florida Coastal Cocker Rescue – $150,000

For the Love of Cats – $150,000

Fur and Tails Animal Rescue – $150,000

Canine Castaways Inc. – $150,000

Guardians of Florida Animal Rescue – $500,000

Haven on Earth Animal League – $150,000

Humane Society of Manatee County – $500,000

Humane Society of Sarasota County – $500,000

Max`s Ark Rescue – $150,000

Nate’s Honor Animal Rescue Center – $500,000

Pawtcake Refuge – $150,000

Purradise Gardens – $150,000

Shy Wolf Sanctuary – $150,000

Tom Golisano founded Paychex in 1971, which has grown into a leading provider of payroll, human resources, and benefits outsourcing services for businesses1. He served as President and CEO of Paychex from 1971 to 2004, and has been Chairman since 2004. Under his leadership, Paychex became one of the most valuable companies based in Rochester, New York.

In addition to Paychex, Golisano has been involved in other business ventures:

He owned the Buffalo Sabres NHL hockey team from 2003 to 2011.

He purchased Greenlight Networks, a fiber internet provider, in 2018 (sold the controlling stake in 2022)

He made bids for the Los Angeles Dodgers in 2012 and Buffalo Bills in 2014.

Golisano is known for his extensive philanthropic efforts, with lifetime donations totaling over $860 million as of 20242. Some of his major philanthropic activities include:

Founding the B. Thomas Golisano Foundation, in 1985, focuses on supporting people with intellectual and developmental disabilities.

Golisano has been active in politics, though his affiliations have varied over time:

He ran for Governor of New York as a third-party candidate in 1994, 1998, and 20021

He has advocated for various political and electoral reforms, including replacing the Electoral College with a national popular vote6

In 2018, he launched a campaign called “Tax My Property Fairly” to address property tax issues

Golisano’s life exemplifies his business acumen, commitment to philanthropy, and interest in political reform. His contributions have had a significant impact, particularly in areas such as healthcare, education, and support for individuals with disabilities.

Photo: Tom Golisano with Lifestyles Magazine/Meaningful Influence founder Gabriel Erem at a private party celebrating the publication’s fifth decade

© 2024 Lifestyles Magazine International. All Rights Reserved.