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Billionaire Home Depot cofounder Bernie Marcus’ foundation donates nearly $30 million toward stem cell research for heart attacks
- Bernie Marcus, who originally wanted to be a doctor and even studied pharmacy while selling freezers door-to-door, was fired from a home-improvement job in 1978 and went on to cofound Home Depot, amassing an estimated $11 billion fortune.
- The Marcus Foundation just gave $28.7 million to USC’s Stem Cell Center to push gene-edited stem-cell therapies toward clinical trials to repair heart damage — its largest gift to USC.
- Since 1989 the foundation has granted over $2.7 billion across medicine, autism, stroke, veterans and Jewish causes, with a strong focus on stem cells/regenerative medicine, cancer, autism, integrative medicine and cardiovascular disease.
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