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$700-Million Gift to a Foundation Endowment to Be Followed by More Money, Donor Pledges
Jon M. Huntsman Sr., a Utah businessman, and his wife, Karen, have endowed their foundation with nearly $700-million, and say they plan to add as much as $700-million more within the next 10 years.
"It's been my goal in life to convert our business holdings to help build a charitable foundation," said...