San Diego Foundation receives $100 million from estate of Jay Kahn

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San Diego Foundation receives $100 million from estate of Jay Kahn
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ICYMI on KPBS Midday Edition: The San Diego Foundation day received $100 million on Feb. 2, 2023, from the estate of the late local entrepreneur Jay Kahn, the largest gift of its kind ever given to a San Diego nonprofit.

The San Diego Symphony is shown in a 2019 photo. The $1.5 million in total grants were awarded at the San Diego Foundation Board of Governors retreat on Thursday to the San Diego Symphony, Voices of Our City Choir and more.

"Jay Kahn was a compassionate man who loved San Diego and wished for his legacy and estate to be used for the good of San Diego," Mark Stuart, president and CEO of San Diego Foundation, said in a statement."We had no existing relationship with Jay until we learned that he believed San Diego Foundation would achieve his goal and honor his wishes.

The intent of the initial grants is to"grow music appreciation" in San Diego in memory of Kahn, a classical musician who played clarinet in symphonies at UC San Diego and University of San Diego.

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