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No. 28: Leon and Debra Black

By  Maria Di Mento
February 10, 2013
Leon and Debra Black
Mark Washburn Photography
Leon and Debra Black

Amount donated in 2012: $48-million

Beneficiary: Dartmouth College

Background: Mr. Black founded Apollo Global Management, an investment firm. Mrs. Black is a Broadway theater producer.

Mr. Black, 61, and Debra Black, 58, pledged $48-million to Dartmouth College to support its new Black Family Visual Arts Center, which will house Dartmouth’s studio art, film, and media-studies departments and digital-humanities program.

As part of the donation, Mr. and Mrs. Black commissioned the artist Ellsworth Kelly to create a wall sculpture that is displayed near the new center.

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Amount donated in 2012: $48-million

Beneficiary: Dartmouth College

Background: Mr. Black founded Apollo Global Management, an investment firm. Mrs. Black is a Broadway theater producer.

Mr. Black, 61, and Debra Black, 58, pledged $48-million to Dartmouth College to support its new Black Family Visual Arts Center, which will house Dartmouth’s studio art, film, and media-studies departments and digital-humanities program.

As part of the donation, Mr. and Mrs. Black commissioned the artist Ellsworth Kelly to create a wall sculpture that is displayed near the new center.

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Leon Black graduated from Dartmouth in 1973 with a bachelor’s degree in history and philosophy. He served on the college’s Board of Trustees from 2002 to 2011.

The Blacks have already paid $24-million of the pledge and will pay the remainder over the next seven years.

We welcome your thoughts and questions about this article. Please email the editors or submit a letter for publication.
Fundraising from IndividualsMajor-Gift Fundraising
Maria Di Mento
Maria directs the annual Philanthropy 50, a comprehensive report on America’s most generous donors. She writes about wealthy philanthropists, arts organizations, key trends and insights related to high-net-worth donors, and other topics.
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