hedge fund managers were among the 50 largest charitable donors
in 2010, according to an annual
ranking by the Chronicle of
George Soros (#1 with $332 million donated)
T. Boone Pickens (#8 with $101 million donated)
Bill Ackman (#17 with $59.3 million donated)
George Weiss (#49 with $20 million donated)
Overall, the donors on The
Chronicle’s list committed a combined total
of $3.3 billion, the smallest sum since the publication began
to track the biggest donors in 2000. The list measures the
cumulative total each individual has given to charitable
causes, not simply the biggest donations of the year.
Besides Soros, others in the top five include New
York mayor Michael Bloomberg ($279.2 million); South Dakota
businessman T. Denny Sanford ($162.5 million); Qualcomm
co-founder Irwin Jacobs ($119.5 million); and real estate
billionaire Eli Broad ($118.3 million).
Pershing Square Capital Management founder Ackman
is also profiled in a related article, "
A Brash Hedge-Fund Manager Applies His Tactics to