Amount donated in 2011: $67-million
Biggest beneficiary: University of Michigan
Other key beneficiary: Lawrence Technological University
Donor’s background: Mr. Taubman founded the Taubman Centers, a mall and commercial real-estate investment company in Bloomfield Hills, Mich.
Mr. Taubman, 88, gave $56-million to the University of Michigan at Ann Arbor to endow the A. Alfred Taubman Medical Research Institute. Over four years Mr. Taubman had been making gifts for the Taubman Institute. He donated $22-million in 2007 and another $22-million in 2008. When the university announced his 2011 gift of $56-million, officials publicized it as the final payment on a $100-million pledge, a commitment the donor and the university had not previously announced publicly. He has donated to the university in the past. In 2006, Mr. Taubman gave $4-million for the university’s Museum of Art, and he gave $30-million in 1999 to endow scholarships and faculty salaries in the College of Architecture and Urban Planning. In the 1980s, Mr. Taubman gave the university $3-million for a health-care center.
He pledged $11-million last year to Lawrence Technological University, in Southfield, Mich., for a building in the newly named A. Alfred Taubman Engineering, Architecture and Life Sciences Complex. Of the total pledged, $1-million will pay for planning and development costs of the new building and will be paid out over four years. Mr. Taubman has paid $250,000 toward that pledge. To receive the remaining $10-million, Mr. Taubman stipulated that the university must raise $20-million from other donors.
Mr. Taubman studied architecture at the university in 1948 and 1949 and taught a real-estate and land-development class at Lawrence last year. In previous years, he has given Lawrence donations totaling $5-million.
—Maria Di Mento