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June 10, 2015

Car-Rental Mogul Gives $92.5 Million to St. Louis Groups

Jack Taylor, the founder of rental-car giant Enterprise, and his family have announced $92.5 million in gifts Wednesday to 13 mostly St. Louis-based cultural institutions and charities, reports the St. Louis Post-Dispatch.

The top donations are $30 million for Forest Park Forever, which helps manage St. Louis's biggest green space, and CityArchRiver, which is overseeing a $380-million renovation of the grounds of the iconic Gateway Arch.

The package of gifts also includes multimillion-dollar support for the endowments of the St. Louis Symphony — to which Mr. Taylor gave $40 million in 2000 — and the St. Louis Art Museum Foundation. The donor, a St. Louis native, founded Clayton, Mo.-based Enterprise Holdings in 1957. The company operates the namesake rent-a-car brand as well as the Alamo and National lines.