Tom Golisano

B. Thomas Golisano

Tom Golisano, 2006
Born Blase Thomas Golisano
November 14, 1941 (1941-11-14) (age 70)[1]
Residence Naples, Florida, USA
Citizenship American
Alma mater Alfred State College
Occupation businessman and philanthropist
Known for Founder of Paychex, founding member of Independence Party of New York
Net worth US $ 1.4 billion (est.)
(February 2010)[1]
Spouse Divorced, 2 children
Website
www.golisano.com

Blase Thomas Golisano (born November 14, 1941) is an American businessman and philanthropist. He is the founder of Paychex, the second-largest payroll processor in the United States and former co-owner (along with real estate developer Larry Quinn) of the Buffalo Sabres hockey team and of the Buffalo Bandits lacrosse team. He officially sold the team and its assets to multi-billionaire Terrence Pegula in February 2011; Golisano is currently in the process of preparing a bid for the bankrupt Los Angeles Dodgers franchise as of November 2011.[2] Golisano has an associate's degree from Alfred State College.

He is a founding member of the Independence Party of New York, and ran on its ticket for governor of New York in 1994, 1998 and 2002. Although he was never elected, his percentage of the vote increased with each election. He spent a combined $93 million on the three campaigns.[3] By receiving more than 50,000 votes each time, Golisano brought the Independence Party an automatic ballot line for the succeeding four years. There was speculation that he would run for governor again on the Republican ticket, but he announced on May 15, 2009, that he was moving to Florida to escape New York state taxes.[4]

Contents

Charity

Golisano has become a major philanthropist, founding the B. Thomas Golisano Foundation in 1985, which awards grants to organizations dedicated to providing opportunities for those with disabilities and offering support to their families.[5] Golisano has donated over 6% of his net worth ($1.3 billion) to charity. He has made major donations to fund health care and leading educational centers. He donated $14 million in February 2001 to the Rochester Institute of Technology to fund the B. Thomas Golisano College of Computing and Information Sciences. Golisano donated $14 million to the University of Rochester, which re-named their pediatric facility at Strong Memorial Hospital in his honor as the Golisano Children's Hospital in 2002. In October 2003, Golisano donated $5 million to Nazareth College, which named the new Golisano Academic Center in his honor. On March 6, 2006, Golisano donated $6 million to Bishop Kearney High School and Our Lady of Mercy High School. In September 2007, with a $10 million donation, Golisano launched the Golisano Institute for Sustainability at the Rochester Institute of Technology.

On October 8, 2008, Golisano donated $10 million to Niagara University for a new Center for Integrated Science building that will be named in his honor. On the list of contributors to the Clinton Foundation, which the foundation released in December 2008 as part of an arrangement with the Obama administration, Golisano is listed as having given between $10 million and $25 million.[6] In November 2009, Golisano donated $4 million to Ave Maria University for the construction of a new field house.[7]

Political involvement

After New York's Republican Governor George Pataki announced he would not run again in the 2006 elections, GOP officials attempted to recruit Golisano to run for the Republican nomination. Golisano changed his party affiliation to the GOP (with the Independence Party's chairman's blessing) in October 2005, apparently in preparation for another gubernatorial run. However, on February 1, 2006, Golisano announced that he would not run for the governorship.[8]

In August 2008, Golisano contributed $1 million to the Democratic National Convention.[9]

In July 2008, Golisano formed a PAC called Responsible New York. He funded it with $5 million of his own money. The PAC gives money to candidates for the New York state legislature, regardless of party. The PAC is aiming to support candidates in favor of property tax cuts and election reform.[9]

In October 2008, Golisano voiced his opinion in favor of term limits for public offices in the City of New York. Golisano has vowed to fight Mayor Michael Bloomberg's proposal to extend term limits, arguing that the people of New York city have voted twice in favor of the current law.[10]

In June 2009, Golisano took partial credit for the Republican seizure of control in the 2009 New York State Senate leadership crisis. Golisano, who had supported a number of Democratic Party candidates during the 2008 election, was dissatisfied with, among other things, the Democratic plan to solve the state's budget crisis by raising taxes on New York's wealthiest residents. He orchestrated the defection of Democratic senators Pedro Espada Jr. and Hiram Monserrate, who voted with Republicans to reinstall Dean Skelos as majority leader.[11]

In February 2011, Golisano became the spokesman for National Popular Vote Inc., a non-profit organization seeking to implement a popular vote system for presidential elections by harnessing the Electoral College.[12]

Personal life

Thrice divorced, Golisano has been dating former tennis star Monica Seles since 2009.[13][14]

Electoral history

Awards and honors

Golisano has received recognition for his business prowess and philanthropy, including:

In 2003, Mr. Golisano was awarded the first-ever Humanitarian Award by the Italian-American Community Center in Rochester.

References

  1. ^ a b "The World's Billionaires: #721 B. Thomas Golisano". Forbes. March 3, 2010. http://www.forbes.com/lists/2010/10/billionaires-2010_B-Thomas-Golisano_BBWS.html. 
  2. ^ Golisano talks about Dodgers bid Retrieved 2011-11-11.
  3. ^ Freakonomics revised and expanded edition, page 7
  4. ^ Why I'm Leaving New York, niagarafallsreporter.com, Guest View by Tom Golisano
  5. ^ Golisano Foundation Site :: Home
  6. ^ The William J. Clinton Foundation, "Contributor Information."
  7. ^ Ave Maria University press release, Nov. 5, 2009
  8. ^ "Politics - NY Daily News". Daily News (New York). August 27, 2010. http://www.nydailynews.com/news/politics/story/387414p-328759c.html. 
  9. ^ a b 8-20-2008 - "NY Republican Tom Golisano gives big money to Democratic convention" - Muckety
  10. ^ http://www.ny1.com/content/top_stories/87565/council-to-vote-on-term-limits-issue-on-thursday/Default.aspx
  11. ^ Peters, Jeremy W.; Hakim, Danny (June 8, 2009). "Republicans Seize Control of State Senate". The New York Times. http://cityroom.blogs.nytimes.com/2009/06/08/revolt-could-imperil-democratic-control-of-senate/. Retrieved May 25, 2010. 
  12. ^ Spector, Joseph (February 22, 2011). "Tom Golisano to help effort to end Electoral College". Rochester Democrat and Chronicle. http://www.democratandchronicle.com/article/20110222/NEWS01/102220330/-1/webster/Tom-Golisano-help-effort-end-Electoral-College?odyssey=nav%7Chead. Retrieved February 22, 2011. 
  13. ^ http://www.bloomberg.com/news/2011-12-20/bankers-join-billionaires-to-debunk-imbecile-attack-on-top-1-.html
  14. ^ http://www.nbcnewyork.com/news/archive/Seles-Nets-Billionaire-Twice-Her-Age.html

External links

Party political offices
Preceded by
Party Didn't Exist
Independence Party Nominee for Governor of New York
1994, 1998, and 2002
Succeeded by
Eliot Spitzer