Before stepping down as chief executive of Analogic Corporation two years ago, Bernard Gordon ceded all his company shares to the Bernard M. Gordon Charitable Remainder UniTrust, which has sold an average of four thousand shares each weekday since then, the Boston Business Journal reports.

To date, the trust has disbursed approximately $90 million to Boston's Brigham & Women's Hospital, the Burlington-based Lahey Clinic, the Massachusetts Institute of Technology in Cambridge, Tufts University in Medford, and the National Academy of Engineering and Technion, an Israeli school modeled after MIT. Now 75 percent depleted, the trust's total distributions could top $120 million by the time it spends out later this year, provided Analogic's shares remain at or above their current level of $50.

Through his trust, Gordon, a graduate of MIT, has contributed endowments for professorships at his alma mater and has supported the expansion of a cancer treatment center at the Lahey Clinic, the construction of a dormitory at Tufts, and research grants at Brigham & Women's Hospital. "I established the trust because as I got old, I wanted to live long enough to see some of this money given away to good causes," he told the Business Journal.