Feb 10, 2014
08:05 AM
Connecticut Today

Beyond Zuckerberg: Top 50 U.S. Donors Include Connecticut Founder of Collectibles Company

Beyond Zuckerberg: Top 50 U.S. Donors Include Connecticut Founder of Collectibles Company

Courtesy of Johns Hopkins University

The photo of Theodore and Vada Stanley published online by The Chronicle of Philanthropy.

It was a trip to the moon that launched the success of the donors from Connecticut who earned the 18th spot on The Chronicle of Philanthropy’s annual list of the top 50 U.S. donors who give the most to charitable causes.

Published online Sunday (Feb. 9), the list that reflects 2013 giving “shows that the wealthy contributed $7.7-billion last year. That’s 4 percent more than in 2012,” the Chronicle writes online. The top donors were Mark Zuckerberg, co-founder of Facebook, and his wife, Priscilla Chan, who gave a nearly $1-billion gift to the Silicon Valley Community Foundation. (Zuckerberg and Chan are shown below in an Associated Press file photo published by the New Haven Register.)

Checking in at number 18 are Theodore Stanley of New Canaan and his late wife, Vada, who died on July 13, 2013.

According to the Chronicle, the couple gave $132.7-million to their Stanley Family Foundation, which was created in the mid-1980s to support mental-health services, education, and the arts.

“The couple also gave $8-million to the Stanley Center for Psychiatric Research at the Broad Institute to support research into mental health and illness, and they gave a total of more than $1-million to other nonprofits, which they declined to name,” the Chronicle says, adding that the Stanleys also gave “$500,000 to A Glimmer of Hope, which fights poverty worldwide, and $250,000 apiece to AmeriCares, an international aid organization; Boys and Girls Clubs of America; the Carter Center, a human-rights group; the Manhattan Institute for Policy Research; and Trickle Up, a global antipoverty organization.”

Where did the money come from?

Theodore Stanley founded the Norwalk-based company MBI, which creates and markets collectible itemsand it all started with a trip to the moon.

According to the MBI website, MBI began business in 1969 under the name The Danbury Mint, which was then a subsidiary of Glendinning Companies. “Its mission was to market fine collectibles directly to the consumer, and its first product was a series of 21 medals commemorating the historic 1969 moon landing. The series was an outstanding success, and the Danbury Mint's product line later expanded to include jewelry, sports collectibles, die-cast automobiles and other heirloom-quality collectibles.”

Through MBI’s growth, today its broad range of products are marketed through four major brands: The Danbury Mint, PCS Stamps & Coins, The Easton Press, and The Danbury Mint, UK.

For more, see the MBI website and the package of stories on 2013 giving posted by The Chronicle of Philanthropy.


Beyond Zuckerberg: Top 50 U.S. Donors Include Connecticut Founder of Collectibles Company

Reader Comments

comments powered by Disqus