A $10 million gift for Franklin Institute, from a onetime 'bad kid'

Nicholas Karabots hadn't been to the Franklin Institute in decades when, several months ago, he accepted an invitation to stop in.

Karabots felt a deep connection; he himself was once an inner-city kid — "a bad kid," said the former South Bronx gang member — which informs his philanthropic decisions to this day. Relatively quickly, he and his wife, Athena, decided to give the Franklin Institute $10 million.