Last year, billionaire fund manager Stanley F. Druckenmiller shifted $700 million of his own money to his family foundation. Before the transfer, the foundation had assets of about $6.5 million.
Transferring a quarter of his reported net worth to the nonprofit earned Druckenmiller the Chronicle of Philanthropy’s No. 1 ranking of largest individual charitable contributions in 2009. That year, he and his wife, Fiona, gave $100 million to New York University’s Langone Medical Center to create a neuroscience institute.
