News and analysis
February 08, 2015

No. 18: Sidney and Caroline Kimmel

Ben Gabbe/BFAnyc/Sipa Press/Newscom

Amount donated in 2014: $115.5-million

Beneficiary: Sidney Kimmel Foundation

Background: Mr. Kimmel founded Jones Apparel Group, which was sold in 2014 to Sycamore Partners, a private-equity firm.

The Kimmels gave $115.5-million to the Sidney Kimmel Foundation. The 87-year-old businessman directed $110-million of that to Thomas Jefferson University for its medical school, which has been named for him. They directed the remaining $5.5-million to the Kimmel Scholars Program, which provides grants to young cancer researchers; the University of Missouri for its Sidney Kimmel Institute for Nuclear Renaissance; and other nonprofits.

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