''It's important to give money away,'' Mr. Turner said, ''because the needs are so great and such great wealth is being accumulated. Though he was chief executive of the Atlanta company for seven years before easing into his current job last April, he ''is a real mystery'' on the Atlanta charity scene, according to an executive active in giving there who requested anonymity. He became Chairman of Honeywell Corporation when Honeywell was acquired by AlliedSignal in 1999. NET WORTH: Estimates from Forbes magazine for those executives in its latest listing of the 400 richest Americans. In 1997, Mr. Gerstner gave his foundation $1.1 million and it made gifts totaling $118,000, including $34,460 to Faith in the Future; $15,000 to the United Way of Greenwich, Conn., and smaller amounts to various community, educational and religious organizations. ''It's only in the past two years that I felt I had the wherewithal to give away money,'' said Stephen M. Case, 40, the chairman of America Online, whose personal foundation over that time has grown from $1 million in assets to more than $50 million. John L. Flannery is an American business executive. anonymously (anonymous users cannot post links). I.B.M. spokeswoman said. Bossidy was born in Pittsfield, Massachusetts, on March 5, 1935, [3] and has a twin brother, Tom Bossidy. The Sankaty Head Foundation, which gives scholarships for caddies at a Nantucket golf club and is a favorite charity of Mr. Welch, received $10,000 of the $206,962 that Mr. Bossidy's foundation gave away. During 1997, Mr. Eisner also put Disney shares worth about $116 million into his personal foundation. Pramod Bhasin stepped down as President and CEO of Genpact, India's largest business process outsourcing (BPO) company, becoming non-executive Vice Chairman in 2011. Symphony officials confirmed that he gives to that organization in the range of $7,500 to $10,000 a year, and Compaq says he is a member of the Alexis de Toqueville Society of the United Way, which requires a minimum gift of $10,000. CEO of General Electric Credit Corporation, https://www.cnbc.com/larry-bossidy-profile/, https://www.cnbc.com/2017/06/07/failure-to-cut-corporate-taxes-would-hurt-ex-honeywell-ceo-bossidy.html, Outstanding Directors. But I tell them that you have to do your own thing. ''But I am more interested in the community. Always. The multi-billion dollar company produces plastics and other materials for the aerospace and defense industries. Contents. Larry was watching the day Welch won the tournament at Sankaty Golf Club in Nantucket last August. He joined GE in 1981. Also in 1997, Mr. Case established a personal foundation with a donation of America Online stock worth $981,250. But Mr. Pfeiffer, who was born in Germany and spent most of his working life in Europe, does not appear to have embraced big-ticket American philanthropy.
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