International
oi-Ashish Rana
Houston
billionaires
Nancy
and
Rich
Kinder
are
making
headlines
for
their
remarkable
act
of
generosity.
The
couple
has
pledged
to
give
away
95
percent
of
their
fortune
to
charitable
causes
in
Houston,
focusing
on
education,
the
arts,
and
public
parks.
Kinder
and
Nancy
Nancy
and
Rich
Kinder,
Houston
billionaires,
plan
to
donate
around
95%
of
their
fortune,
approximately
$10
billion,
to
charitable
causes
in
Houston
through
the
Kinder
Foundation,
focusing
on
education,
the
arts,
and
public
parks
to
improve
the
city’s
well-being.
The
Kinders
have
been
recognized
for
their
generosity,
contributing
to
institutions
such
as
Rice
University
and
the
Museum
of
Fine
Arts
Houston.
A
Lifelong
Commitment
to
Giving
Back
Nancy
and
Rich
Kinder,
known
for
their
deep
connection
to
Houston,
have
spent
decades
supporting
local
causes.
Rich
Kinder,
the
cofounder
and
executive
chairman
of
Kinder
Morgan,
one
of
North
America’s
leading
energy
infrastructure
companies,
told
ABC13
Houston’s
Melanie
Lawson
that
they
plan
to
donate
nearly
all
of
their
multi-billion-dollar
fortune,
estimated
at
around
10
billion
dollars.
Their
goal
is
to
improve
the
well-being
of
the
city
that
played
a
key
role
in
their
success.
Rich
Kinder
shared
his
philosophy
on
giving,
saying
that
one’s
purpose
should
be
to
make
the
world
“a
little
better” than
they
found
it.
He
added,
“Whatever
wealth
you
accumulate
is
really
the
result
of
a
lot
of
other
people
helping
you
along
the
way.”
The
couple
revealed
their
expanded
philanthropic
plans
during
a
ceremony
celebrating
the
18.5
million
dollar
expansion
of
Emancipation
Park
in
Houston’s
Third
Ward,
one
of
their
many
projects
focused
on
community
development.
Previous
Contributions
and
Ongoing
Initiatives
The
Kinders
have
long
been
recognized
for
their
generosity.
They
have
contributed
millions
to
major
Houston
institutions
such
as
Rice
University,
Texas
Children’s
Hospital,
and
the
Museum
of
Fine
Arts
Houston.
They
are
also
signatories
of
The
Giving
Pledge,
a
campaign
launched
in
2010
by
Bill
Gates,
Melinda
French
Gates,
and
Warren
Buffett,
which
encourages
billionaires
to
donate
the
majority
of
their
wealth
to
philanthropy.
Their
consistent
contributions
have
helped
transform
Houston’s
educational
and
cultural
landscape,
creating
opportunities
and
improving
lives
across
the
city.
Kinder
Foundation:
Building
a
Better
Houston
According
to
the
Houston
Chronicle,
Nancy
and
Rich
Kinder’s
net
worth
is
estimated
at
11.2
billion
dollars,
while
Forbes
places
it
slightly
higher
at
11.3
billion
dollars.
Much
of
their
charitable
work
is
carried
out
through
the
Kinder
Foundation,
established
in
1997.
The
foundation’s
mission
is
“providing
major
gifts
to
public
causes
with
the
intention
of
helping
people
realize
healthy
and
rewarding
lives.”
The
Kinder
Foundation
focuses
on
projects
that
enhance
urban
green
spaces,
education,
and
the
overall
quality
of
life
in
Houston.
Under
Rich
Kinder’s
leadership,
it
has
supported
several
major
initiatives,
including
the
Museum
of
Fine
Arts
Houston,
the
Kinder
Institute
for
Urban
Research
at
Rice
University,
the
Kinder
Institute
on
Constitutional
Democracy,
and
the
Kinder
Children’s
Cancer
Center.
A
Legacy
Rooted
in
Gratitude
For
Nancy
and
Rich
Kinder,
giving
back
represents
more
than
generosity.
It
reflects
gratitude
for
the
community
that
shaped
their
journey.
Their
decision
to
donate
nearly
all
of
their
fortune
highlights
a
lasting
commitment
to
ensure
that
future
generations
of
Houstonians
experience
a
healthier,
more
vibrant,
and
inclusive
city.
