Following the $10 million sale of a portion of Bill Gross’s United States stamp collection on October 3, Gross announced that in addition to donating $1 million each to Doctors Without Borders USA and The New York Times Neediest Cases Fund, he will also match a $200,000 donation by Bank of America to Laguna Beach’s Friendship Shelter.
Gross, a long-time resident and supporter of Laguna Beach, said he will also donate $50,000 to the Laguna Beach Community Clinic, and $25,000 each to the Laguna Beach Senior Center, Laguna Beach Pantry, Laguna Beach Boys & Girls Club, and Sally’s Fund.