Herb Sandler has a similar take. The philanthropist and his late wife, Marion, co-founded the Sandler Foundation and injected freshness into the once-stagnant field of asthma research and treatment. "Philanthropy has been very important for me and for our family," he says, and believes it "made us better human beings." Although he had resounding success in the business world as the co-founder, along with Marion, of the Golden West Financial Corporation, philanthropy occupies an even more important place in his heart. "Business success is great," he says. "Philanthropic success is greater."
See what these and other philanthropists say about how philanthropy has changed their lives, what motivates them to give, and how seeing others' lives transform provides a beacon of hope to all:
Barbara and Pitt Hyde, Hyde Family Foundations; AutoZone, Inc.
“We think of it as a privilege, to be in a position to give back to the community,” says Pitt Hyde. Barbara adds, “It’s become our lives in a lot of ways–it’s become a mission and a purpose.”
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Herb Sandler, Sandler Foundation
“The fact of the matter is that Marion and I got an enormous amount of psychic income when, through our good fortune, we were able to help others improve their lives,” says Sandler.
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Jennifer and Peter Buffett , NoVo Foundation
For Peter and Jennifer Buffett, meeting Nayna, a young trafficking survivor in India, was most striking not for the horrors she retold, but for her resilience—and her belief in the possibilities for her future.
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Laura (and John Arnold), Laura and John Arnold Foundation
“The ability to engage in transformative philanthropy has made me, in every sense of the word, better,” says Laura, who credits philanthropy with making her “less egocentric” and helping her understand that she is “a piece of a much greater whole.”
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David Rubenstein, Carlyle Group
It would be easy for Rubenstein to focus only on building his company. But philanthropy has helped him get past that in a big way, exposing him to new interests and talented people he would not have met otherwise.
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Geoff Boisi, MENTOR/National Mentoring Partnership; Roundtable Investment Partners
Geoff Boisi is thankful for the incredible leaders who over the years have shared their talents with him and his family, enriching their lives “enormously.”
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Bernie Marcus, The Marcus Foundation; The Home Depot
“I’m 83 years old. I’m happy,” says Bernie Marcus. One of the principal reasons is that “philanthropy has kept me agitated.” Marcus adds, “I feel as though I’ve made an impact... so as long as we can keep doing, I’m going to keep doing [philanthropy].”
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