Car rental firm founder to donate $92.5M to 13 recipients

2 years 1 month 2 weeks ago June 10, 2015 Jun 10, 2015 Wednesday, June 10 2015 Wednesday, June 10, 2015 4:48:51 AM CDT in News
By: The Associated Press

ST. LOUIS (AP) - Enterprise Rent-A-Car founder Jack Taylor and his family are set to announce a second round of large donations to organizations, equaling $92.5 million.

The St. Louis Post-Dispatch reported the family will announce Wednesday that it is donating to 13 cultural institutions and charities, most of which are local. The newspaper said $30 million will go to Forest Park Forever, a nonprofit that shares management and maintenance of St. Louis' largest park. CityArchRiver, the foundation spearheading the $380 million renovation of the Gateway Arch grounds, is said to receive $25 million.

The donation to Forest Park Forever is the nonprofit's largest single gift ever.

In May, the Taylor family announced a $22 million donation to various charities.

 

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