Platinum Equity Founder and Detroit Pistons owner Tom Gores and his wife, Holly, continued support for their home state with a recent $75,000 donation to the Detroit Pistons Foundation.

The donation caps off a recent flurry of philanthropic activity where the couple donated $1 million to bring basketball to a new Detroit riverfront park, Tom pledged $350,000 to SAY Detroit  and the Gores family sponsored its annual toy drives for Toys for Tots and Voices for Children during the holiday season in Michigan.

At the inaugural dinner to raise funds for the Pistons Foundation dinner in downtown Detroit (Tom and Holly attended), Pistons Vice Chairman Arn Tellem praised the couple for their philanthropic spirit.

“Tom set the course that we would set an ambitious goal to be the most civic-minded professional sports franchise in all of sports,” Tellem said. “That commitment from Tom is real intentional and it continues to guide how we show up in Detroit every single day.”

The Detroit Pistons Foundation is committed to making a lasting impact on the community by partnering with local organizations to work to improve lives in the areas of social responsibility, education and mentoring, and health and fitness.

In 2025, the foundation granted more than $300,000, which includes $100,000 through the Black Excellence Scholarship Competition that has awarded more than $1 million in total scholarships since 2005. Last summer, the foundation expanded the Pistons Neighbors Program to 14 parks, which offered free activities throughout the season. Additionally, the foundation supports the Detroit Symphony Orchestra Educational Concert Series and granted $50,000 in 2025 to launch the award-winning early literacy initiative, Barbershop Books, across 10 Detroit Barbershops.

The event was held at the Book Tower building in downtown Detroit. The evening also served as a celebration to honor longtime Pistons play-by-play announcer George Blaha, whose place in history was cemented when he was recognized by the Naismith Memorial Basketball Hall of Fame last year. After the event, Tom greeted Pistons corporate partners and posed for selfies.

Blaha noted the importance of the foundation’s work. Much attention is given to Detroit’s comeback when it comes to development, but the Pistons work to touch the community.

“When you look out the window and see the (revitalized) Hudson building (from the Book Tower), you realize how far Detroit has come,” Blaha said. “Those things are beautiful, but we also need to touch the people, and I think that’s what we do with the Pistons Foundation.”

 

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