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The gesture marks the largest gift in the university's 379-year history, surpassing last-year's record-setting donation by Hong Kong-born investor Gerald Chan, who gave $350 million to the School of Public Health. Paulson graduated from Harvard Business School in 1980 and went on to found Paulson & Company in 1994.
Where do the donations go? 1  Giving to Education charities was up 4.9% (3.2% inflation-adjusted) to $54.6 billion. 2  Donations to Human Services charities were up 3.6% (1.9% inflation-adjusted) to $42.1 billion. 3  Foundations saw an increase of 1.8% (0.1% inflation-adjusted) to $41.5 billion.rint Share. Few people realize how large charities have become, how many vital services they provide, and how much funding flows through them each year. Without charities and non-profits, America would simply not be able to operate. Their operations are so big that during 2014, total giving was more than $358 billion.