Rockefeller Philanthropy Advisors

Los Angeles Times
W.J. Hennigan

Hospitals, theaters and museums have long enjoyed their generosity. But as AIG shares fell, the father and son’s fortunes shriveled.

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Driving around Los Angeles, particularly around the UCLA campus, it’s hard not to notice the hospitals and research centers that bear their name.

The father-and-son team of Leslie and Louis Gonda made a fortune from the sale of their aircraft leasing business, and they weren’t shy about spreading their wealth around, giving to charities and medical research throughout the city.

“For years, they’ve given away a great deal of money,” said Bob Safai of Madison Partners, a Los Angeles commercial real estate firm.

But now the highflying pair may be falling back to Earth, hit hard by the financial crisis that has left them scrambling to sell personal property and tighten their purse strings.

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This entry was posted on Monday, November 9th, 2009 at 11:35 am.