February
8th, 2016
During the fourth Quarter of 2015, some 4,300+
executives of US public companies sold an astounding
$9.3 billion in stock, according to a recent
Donor
Watch report. The list of wealthy individuals
includes many renowned philanthropists, such as
Bill Gates, Reed Hastings and Sergey Brin, as
well as many lesser known millionaires who are
often more discreet about their wealth and their
philanthropy efforts. Timing can be everything
for non-profits seeking major gifts, so identifying
prospects and alums who have recently come across
large amounts of cash can be critical to a gift
officer's targeting efforts.
The
top 10 undergraduate schools with the most alumni
on the list include Stanford University, Yale
University, Michigan State University, Princeton
University, University of Pennsylvania, Harvard
College, Brown University, University of California
- Berkeley, University of Texas and the University
of Florida.
Some
of the more notable schools with over-representation
on this quarter's top prospect list include the
College of William and Mary, McGill University,
University of Maryland and Fordham University.
Among
the top executives on this quarter's list is the
Chairman of Constellation Brands, Richard Sands,
who raised more than $150 million in cash during
the quarter. Mr. Chambers, who was the CEO
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Prospect
Profiles - Quick Facts |
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Richard
Sands |
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Accumulated
Stock Wealth: $267M |
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Current
Roles: |
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Chairman,
Constellation Brands |
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Chairman,
Cerion Advanced Materials |
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Education: |
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University
of Vermont |
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University
of North Carolina - MS & PhD |
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Non-Profit
Boards: |
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Chairman,Education
Success Network |
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Chairman,
Marvin Sands Performing Arts Center |
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Director,
Rochester Institute of Technology |
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Director,
University of Rochester |
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Kevin
A. Plank |
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Accumulated
Stock Wealth: $656M |
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Current
Roles: |
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Chairman
& CEO, Under Armour |
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Education: |
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University
of Maryland - BA & MBA |
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Non-Profit
Boards: |
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University of Maryland College Park
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St. John's College High School |
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of
Constellation from 1993 to 2007, received his
undergraduate degree from University of Vermont
and holds both a Master's in Social Psychology
and PhD in Social Psychology from the University
of North Carolina.
Mr. Sands currently serves as the Chairman for the Education Success Network, which he founded in 2007. The nonprofit supports high quality schools and educational opportunities for student success across the greater Rochester, NY area. He is also a member of the board of trustees of the Rochester Institute of Technology and the University of Rochester.
Another notable executive and philanthropist on this quarter's list is Kevin Plank, the CEO and founder of Under Armour. Mr. Plank raised nearly $90 million by selling large blocks of UA's stock over the quarter. Mr. Plank serves as a Member of the Board of Trustees of the University of Maryland College Park, where he received both his BA and MBA.
Donor
Watch provides its powerful software platform
and real-time analyses to the development offices
and prospect research teams at leading colleges,
universities and non-profits. Donor Watch's unique
and robust set of research tools empower fund
raisers and prospect researchers to manage their
relationships with top and high potential donors.
For more information about Donor Watch and its
top donor prospect targeting reports, please
sign-up
for a free trial.
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