OVERVIEW: The Gordon and Llura Gund Foundation’s grantmaking focuses on a wide range of diseases, including those related to the eyes, autism, cancer and cystic fibrosis, to name a few.
IP TAKE: This foundation flies under the radar and is not the most accessible of funders. However, its widespread disease related grantmaking makes it noteworthy.
PROFILE: The Gund name is well-known in philanthropy circles, especially in the Midwest. When wealthy banker and investor George Gund passed away in the 1960s, he endowed his foundation with more than half a billion dollars, creating one of the more weighty and active philanthropies in the region. George’s son, Gordon and wife Llura have two foundations that serve as a vehicle for their family’s giving, the largest being the Gordon and Llura Gund Foundation.
In 1970, at age 30, Gordon Gund lost his sight to retinitis pigmentosa. Since then, he and Llura have been heavily active in research on blindness and eye diseases. In 1971, they established the Foundation Fighting Blindness, which represents by far their largest philanthropic cause. Another big cause for the Gunds is autism research. Gund also seems to be active in a wider range of areas, with a long trail of smaller grants to a variety of medical research causes. According to tax filings, recent grantees include the Cleveland Clinic, the Mayo Clinic, Nantucket Hospital, and the Carroll Center for the Blind.
The Gordon and Llura Gund Foundation does not maintain a website and is not transparent about its grantmaking habits. It does not seem to accept unsolicited proposals or requests for funding.
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The Gordon and Llura Gund Foundation
14 Nassau Street
Princeton, NJ 08542-0449