Thursday, August 23, 2012

Top Philanthropic Donors: Stephen and Nancy Grand

Mr. Grand is president and partner of Grand-Sakwa Properties, a developer of residential and retail properties in Farmington Hills, Mich. Mr. Grand, 67, and his wife, Nancy, 61, have pledged $20-million to the American Technion Society, the fund-raising arm for the Technion-Israel Institute of Technology, in Haifa, Israel, for the university’s energy-studies courses and research. The donation will support research on alternative fuels, renewable energy, conservation, and storage. The pledge, of which $2-million has been paid, will be distributed over 10 years.

Mr. Grand successfully fought multiple myeloma, a cancer of the blood cells, and credits research conducted at Technion with helping him survive a disease that is often fatal. He has served on its national Board of Directors and is a member of the Technion’s International Board of Governors.

The couple previously gave $10-million in 2001 to the university’s Water Research Institute, which was then named in their honor, and have supported a dormitory and research projects at the Technion.

In addition to the $20-million gift, the Grands donated $100,000 to the American Technion Society to help the university finance research on the breakdown of proteins.

Mr. Grand serves on the board of the Multiple Myeloma Research Foundation, in Norwalk, Conn, and is a member of the executive committee at the Birthright Israel Foundation, in New York.

In addition, the Grands donated a total of $8-million to the following groups: the American Israel Public Affairs Committee, in Washington; the Myeloma Institute for Research and Therapy at the University of Arkansas for Medical Sciences, in Little Rock; the Multiple Myeloma Research Foundation; the Jewish Community Center of San Francisco (Ms. Grand is vice president of its board); and the San Francisco Jewish Community Federation, where Ms. Grand was inducted as president of the board.

Together they donated $28.1 Million in 2010.

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