Pursuits
Cornell’s $350 Million Donor Feeney Plans to Give It All Away
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Donating a record $350 million to Cornell University last week moved Charles Feeney closer to a life goal: giving away all of his fortune while still alive.
Feeney, 80, plans to shut by 2020 Atlantic Philanthropies, the foundation he began bankrolling in 1984 by gifting his businesses, including shares of the Duty Free Shoppers Group chain he co-founded. The charity has about $2 billion in assets and has donated more than $5.5 billion for health programs, universities and causes worldwide, according to its website.