Joyce Young (born c. 1925) is a Canadian woman famous for a single act of philanthropy, a donation of CAD40milliontotheHamiltonCommunityFoundationin2000.SheisthewifeofBillYoung,aretiredMajorintheCanadianArmedForcesandtheauntofRedHat,Inc.founderBobYoung.BillYounggraduatedfromHillfieldStrathallanCollegein1935andJoycegraduatedfromHillfieldin1943.Aftergraduating,BillservedintheCanadianmilitaryduringWorldWarII,servinginEngland,Italy,andnorthwestEurope.ThecouplemetafterBillreturnedfromthewar.JoyceleftTheUniversityofTorontotobecomeafull−timehome−maker.Thecouplehavethreechildren,Douglas,Catherine,andWilliam.YoungandherhusbandBillYoung,bothresidentsofAncaster,Ontario,optedtohelptheirnephewBobwithhishigh−techventureshortlyafteritsfoundingin1993.Bob′scompany,RedHat,Inc.,isonededicatedtoopensourcesoftwaresuchasRedHatLinux,andtheproprietaryRedHatEnterpriseLinux.WhenRedHat′sstockrosesignificantlyafteritsinitialpublicofferingin1999,theelderYoungswereabletosellenoughstocktorecouptheirinitialinvestment,butchosetoretainsomestocks.Joycewasquotedassaying,"WhileIrespectBobasabusinessman,IquitehonestlyneverthoughtI′dseemymoneyagain.Ireallyjustwantedtosupporthim.Afterholdingthecompany′sstockforthreeyears,Itookoutmyoriginalinvestment,andleftsomemoneyinjustforfun."ByJanuary2000,theremainingstockwasvaluedinthemillions.ThisenabledJoycetomakeadonationofCAD40 million in June 2000, to the Hamilton Community Foundation. The money was given for the purpose of improving Hamilton-area health facilities. This act represented one of the largest charitable donations in Canadian history. A long-time volunteer with local community groups, Joyce later stated her biggest concern was in giving away the money responsibly.
$50,000 was donated to Hillfield Strathallan College.
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