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'Renaissance Man' Jon Huntsman Sr.'s Legacy Of Giving

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  • 'Renaissance Man' Jon Huntsman Sr.'s Legacy Of Giving

    'RENAISSANCE MAN' JON HUNTSMAN SR.'S LEGACY OF GIVING

    Deseret Morning News (Salt Lake City)
    December 25, 2013 Wednesday

    by Whitney Evans Deseret News

    SALT LAKE CITY -- Narine Sarkissian remembers when the earthquake
    "that pretty much leveled a quarter of the country" hit Armenia.

    It was December 1988, and the earthquake, measuring 6.9 on the Richter
    scale, flattened buildings constructed of gravel, sand and water in
    northwestern Armenia. An estimated 25,000 people died.

    Jon M. Huntsman Sr. was among those who stepped in to help the
    struggling country, and his assistance continued over the years.

    Sarkissian, a native Armenian, credits Huntsman and his company for
    saving the country.

    "If it wasn't for that help, I doubt it if Armenia would have
    survived," she said.

    December marks 25 years since the earthquake hit. Soon after,
    Huntsman's charitable work began in the country.

    Huntsman is the founder of Huntsman Container Corporation that made its
    mark with the invention of Stryofoam egg and the McDonald's clamshell
    containers. He is also the father of Jon Huntsman, former governor
    of Utah, former U.S. ambassador to China and 2012 Republican Party
    presidential hopeful.

    At age 75, the billionaire has left his mark on the business world
    with the global company Huntsman Corporation, now headed by his son
    Peter. He also donated a reported $1.3 billion in his lifetime and
    $76.8 million in 2012, moving him into the No. 22 spot on Forbes
    magazine's December list of 50 Philanthropists Who Have Given Away
    the Most Money.

    "When you talk about Jon Huntsman and generosity, where does it end?"

    said Elder M. Russell Ballard, a member of the Quorum of the Twelve
    Apostles of The Church of Jesus Christ of Latter-day Saints (Mormon).

    Because Huntsman already had a company in Moscow, it was easy for
    him to help the Armenians when the quake hit in 1988.

    He and his family visited the country after the earthquake and were
    shocked by the amount of destruction. Amid the rubble, Huntsman said he
    found resilient people who were doing what they could to move forward.

    "From the ruins of devastation, they began to rebuild. It captured
    my heart ... to where I said, ?I have to help these people. I have
    to be part of it,'" Huntsman said.

    He originally planned to be involved in the country for only two
    years but soon realized he would be involved more extensively.

    Members of his family have made a combined 46 trips to Armenia over
    the past 25 years.

    One of Huntsman's first orders of business was to construct a
    pre-stressed concrete plant. This not only created jobs for the
    Armenians, but also provided materials with which the country could
    build buildings more resistant to earthquakes.

    "These businesses, this business in particular in Armenia, was built to
    bless the lives of the people, and so it had a different bottom line,
    if you will, than a business that would be built just to make money,"
    said Elder Ronald A. Rasband, former president of Huntsman Chemical
    and current senior president of the Presidency of the Seventy for
    the LDS Church.

    Over the years, Huntsman and his company built apartment complexes,
    a tile roofing plant and a school for the Armenian people.

    The Huntsmans have given more than $53 million to the country through
    their humanitarian service.

    As a man who values Christianity, Huntsman was impressed by the
    country that claims to be the oldest Christian country in the world.

    "I think there was a bonding that occurred between the Huntsman family
    and the Armenian people and that bonding is centered in Christ,"
    Elder Ballard said.

    The people of the country have awarded him with two medals of honor
    and granted him citizenship.

    Huntsman's humanitarian work in the country could not have thrived
    had it not been for the efforts of others.

    First, the Huntsman employees who came to the country as missionary
    couples and split their time between working and proselytizing,
    according to Elder Rasband.

    Others who assisted in the effort included his family, specifically
    sons Peter and David; Armand Hammer, then the chairman and CEO of
    Occidental Petroleum Corporation of Los Angeles; and David Horne,
    general manager of the Huntsman family's Armenian efforts until he
    died in 1996 in Armenia as a result of a propane explosion.

    There is "no question" in Elder Ballard's mind that the work of these
    men led to the eventual recognition of the LDS Church in Armenia
    in 1994.

    Perhaps it is Huntsman's wide-ranging influence that prompted Elder
    Ballard to call him "a renaissance man."

    "Don't have very many of those that pass by in a lifetime," he said.

    Huntsman said he grew up in a household that was poor and, for a few
    years, below the poverty level.

    "I never forget those times, and they leave certain scars in your
    memory bank and in your heart that you don't want others to replicate."

    This is one reason why he feels the need to help the less fortunate,
    he said. He keeps a copy of Andrew Carnegie's "Gospel of Wealth"
    at his desk as a reminder to live modestly and act as a trustee for
    the less-fortunate.

    This is something Elder Rasband witnessed firsthand.

    "That's the environment, the culture, that Jon Huntsman built, is
    that part of the reason we're in business to make money is to help
    improve lives for other people. And I saw that just time and time
    and time and time again," Elder Rasband said.

    How he selects charities

    A brass Remington bust stands on a table in the center of Huntsman's
    office. The piece, called "Coming Through the Rye," is barely noticed.

    It is mostly obscured by his collection of dozens of assorted Beanie
    Babies. He will eventually donate the batch to Primary Children's
    Hospital, he said.

    With wealth estimated at $1 billion and a reputation for helping
    those in need, Huntsman's methods for selecting charitable causes
    surprisingly seems less than scientific.

    "Whatever speaks to his heart, he supports it financially, and, for my
    father, it's very personal," son David Huntsman, president of Huntsman
    Foundation and of the Huntsman Cancer Foundation, said. "It's not
    about buildings, it's not about numbers, it's not about recognition. I
    think he genuinely has the ability to feel empathy and compassion
    for others and that speaks to his heart, and I think that drives his
    decision-making when it comes to supporting people in need."

    The senior Huntsman said that he and his family have tried to give
    to causes they "felt were the most meritorious."

    That means donating more money to fewer causes where he can affect
    more people, his son said.

    "When my father makes a commitment, he likes to make it significant
    and he likes to do it over a long period of time. He likes to make sure
    that that gift, you know, has maximum impact," David Huntsman said.

    Cancer has been a major focus of Jon Huntsman's giving. Both his
    parents died from the disease that he has also contracted four times.

    In November, he announced the construction of a $100 million addition
    to the Huntsman Cancer Institute headquarters in partnership with
    the LDS Church, Intermountain Healthcare and the state of Utah.

    "He has the vision that he's going to find answers to solve cancer.

    He's relentless. He just keeps going at it," Elder Ballard said.

    Huntsman also donates to the YWCA in Salt Lake City, with a domestic
    violence residence and apartment complex named after his mother,
    Kathleen Robinson Huntsman.

    The Huntsman Foundation currently sponsors college education at
    Utah State University for the 13 top scholars in Armenia each year,
    at a total annual cost of $1 million per year. The first batch of
    students will matriculate in April. Huntsman funds the students with
    the expectation that they will return to Armenia once they finish
    their education.

    "I want them to go back and rebuild their homeland," Huntsman said.

    St. Vincent De Paul Soup Kitchen receives donations from him as well,
    in addition to countless other anonymous acts of service, friends say.

    "The amount of good that he has done that has been done quietly
    that has not carried his name or not been public, nobody knows. I
    think I know enough to say to you that it is very significant,"
    Elder Ballard said.

    Jon Huntsman considers these charitable investments to be important
    enough to borrow millions of dollars from banks in the past in order
    to honor his charitable obligations.

    "It's a different type of investment. It's not one where you can
    measure a return in terms of a financial return. You measure your
    return in human impact," David Huntsman said.

    Businesses need to "draw a line very carefully" as to whether they
    are in the game to make a profit or to be a charitable organization,
    Huntsman said, drawing an invisible line on the carpet with his cane
    as he spoke.

    "If people are going to give, they're going to give. And it doesn't
    matter if you give a dollar or five dollars or a hundred dollars or
    a million dollars; it's all according to your ability," Jon Huntsman
    said.

    His charitable endeavors are possible because he has been able to
    build a business empire large enough to sustain his giving, according
    to Elder Ballard.

    "He's a very tough businessman. He's had to be -- in order to build
    that kind of an enterprise. Honest, fair, but tough. But down deep,
    very tender when it comes to somebody who is suffering or who he
    feels like he could help."

    Jon Hunstman compares his desire to give to an addiction.

    "It's actually a high. It's actually like a narcotic in the sense that
    you can do something for others that they can't do for themselves. It
    really is a form of addiction that you know, is a really thoughtful,
    positive form," Jon Huntsman said.

    This "addiction" is one things that keeps Huntsman going.

    "I think that drive will motivate him every day that he's alive,"
    David Huntsman said.

    The renaissance man now walks more slowly, assisted by a cane and
    burdened by polymyalgia rheumatica, a disease described by the Mayo
    Clinic as causing muscle aches and rigidity throughout the body.

    Jon Huntsman is part of Warren Buffet's group of the billionaires
    who pledge to give at least 50 percent of their income to charity.

    However, Huntsman thinks billionaires should give 80 percent of their
    income to charity before they die.

    "I've always thought that people who left a great deal of money
    in their will never enjoyed the great honor and privilege and
    heart-rendering feeling of giving to others during their lifetime,
    because they were too selfish to give to others while they were alive,
    so they made sure they were dead and couldn't use it anymore," he said.

    http://www.deseretnews.com/article/865593013/Renaissance-man-Jon-Huntsman-Sr-has-a-legacy-of-giving.html?pg=all

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