ST. LOUIS (KMOX/NEWS RELEASE) – Enterprise Holdings Founder Jack Taylor and his family are donating $92.5 million to 13 organizations and institutions. Majority of the donations that will be given are local.
Two organizations that will receive the largest amounts are; Forest Park Forever with $30 million and CityArchRiver with $25 million. According to the Associated Press this is Forest Park Forever’s largest gift ever.
The move is a result of Taylor’s $22 million donation to educational and charitable organizations that support undeserved communities and youth in the St. Louis area.
Other donations include: the St. Louis Symphony’s endowment, Fisher House Foundation, American Red Cross of Eastern Missouri, St. Louis Art Museum Foundation’s endowment, St. Lukes’s Hospital, Missouri Botanical Garden amongst other local organizations.
“We’ve been privileged to form lasting partnerships with fabulous institutions that contribute so much to the quality of life in our community,” said Jo Ann Taylor Kindle, Jack Taylor’s daughter and president of the Enterprise Holdings Foundation. “This is a way for our family to reinforce those partnerships and strengthen those institutions for many years to come.”
In 1957, Taylor founded the company in the lower level of the Forest Cadillac dealership in Clayton. As the company grew throughout the years, he focused on supporting non-profit organizations throughout the communities that Enterprise serves.
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