The Atlanta Journal-Constitution
Home Depot co- founder Marcus donates $ 80M to rehab hospital
Largest gift yet for Shepherd Center will fund a building, more.
Home Depot co- founder Bernie Marcus is giving $ 80 million to the Shepherd Center, the second potentially transformative donation in recent months to a Georgia health organization.
The donation from The Marcus Foundation, announced Thursday, is the largest grant in the Atlanta-based rehabilitation center’s 45- year history. It will support added capacity so more patients and families can receive care, according to a news release from the center.
Marcus and his wife Billi have been longtime donors to the private, not- for- profifit Shepherd Center, which works with people who have suffered from spinal cord and brain injuries, stroke, multiple sclerosis, other neuromuscular conditions and spine and chronic pain. Their gift will fund construction of the Shepherd Center’s Billi Marcus Building, back a program to support patients after inpatient care ends and aid the SHARE Military Initiative to support U. S. service members after traumatic brain injuries. The couple has donated a total of $ 120 million to the center, including the latest gift.
In October, the family foundation of his former business partner Arthur Blank gave $ 200 million to Children’s Healthcare of Atlanta. CHOA’S newest hospital, planned to open in 2025 at North Druid Hills Road and I- 85 in Brookhaven, will be named after Blank, who also owns the Atlanta Falcons and Atlanta United.
Alana Shepherd, Shepherd Center co- founder and chairman of the board, wrote in a news release that gifts from the Marcus family helped grow the center’s offerings beyond a singular focus on patients with spinal cord injuries.
Marcus, 91, wrote, “Billi and I are excited to be a part of Shepherd Center ’s next chapters, which will save and change even
more patients’ lives from catastrophic injuries and neurological conditions.”
Marcus challenged other businesses and individuals to support the center.
For decades, Marcus has given heavily to nonprofits, i ncluding some that have been particularly important in metro Atlanta.
He gave $ 250 million to launch and grow the Georgia Aquarium in downtown.
He ponied up millions of dollars for an autism center in Atlanta, millions more for a trauma center and a stroke and neuroscience center at Grady Health System and additional millions for a 16- story tower and centers at Piedmont Atlanta Hospital.
In an interview last year with The Atlanta J ournal- Constitution, he said he has donated about $ 2 billion to more than 300 organizations and expects to give away billions more, accounting for most of his remaining wealth.