Bill, Jeff and Jennifer Gross
William, Jeff and Jennifer Gross Family Foundation
WHO: Bill Gross, who co-founded giant wealth manager Pimco in Newport Beach, became known as the “Bond King.” Nowadays manages $465M asset foundation with his two children, Jeff and Jennifer Gross, who he says does much of the legwork such as visiting recipients.
WHY: Annually gives around $20M, aiming for half for OC nonprofits.
IN THE NEWS: In 2023, gave $18M to 67 nonprofits, the most recipients in a single year for the foundation.
NOTABLE: Gave $1.6M to Orange County Teachers of the Year Award Foundation; other OC nonprofits include Laguna College of Art and Design and Orangewood Foundation.
IN THEIR WORDS: “Jennifer, Jeff and I are pleased to continue our tradition of giving to organizations that provide immeasurable benefits to the communities they serve. I am a firm believer that success should be shared, whether it was establishing the Pimco Foundation and mandating partners contribute 2% of their bonus, or donating the proceeds of the sale of my stamp collection. The larger world is a reflection of what we leave behind to others.” —Bill Gross
LEARN MORE: grossfamilyfoundation.com
