Friday, November 29, 2013

Modest millionaire leaves megafortune to Seattle hospital, other charities

Jack MacDonald wasn't a flashy man. He clipped coupons. His sweaters had holes. He used his senior citizen bus pass for discounts.

But what MacDonald lacked in flash, he more than made up for in generosity. The Seattle Times reports that MacDonald, who passed away in September at 98, left a fortune worth $187.6 million to Seattle Children’s Research Institute, the University of Washington School of Law and the Salvation Army.

The story behind his gifts recently went public on the Seattle Children's hospital site. Seattle Children's will get about 40 percent of the charitible trust's yearly income, the largest donation in the hospital's 106-year history. The remaining 60 percent will be split equally between the Salvation Army and the University of Washington, where MacDonald earned his law degree.




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