NYU Langone Medical Center Raises $1 Billion in Less Than 4 Years

51K Benefactors Give 66K Gifts Ranging from One Dollar to $150 Million Advancing Educational Initiatives, Groundbreaking Research and Patient-Centered Care

June 6, 2011 - 8:30am

NYU Langone Medical Center announced that it has reached a historic and unprecedented philanthropic milestone, raising $1 billion in less than four years.

“This is a historic moment for our medical center,” said Kenneth G. Langone, chairman of the Board of Trustees. “We have the most extraordinary friends and benefactors who, through their generosity of spirit and action, have helped propel NYU Langone Medical Center to the forefront of clinical care, research and medical education. Their belief in us and the work we do is unsurpassed. We thank them from the bottom of our hearts.”

Since 2007, when Robert I. Grossman, MD, the Saul J. Farber Dean and CEO, took the helm of the medical center, more than 66,000 separate gifts – ranging from $1 to four gifts of $100 million or more – from 51,000 individuals have poured in. The gifts have allowed the medical center to undertake a dramatic campus transformation to its infrastructure that includes the construction of a new emergency facility boasting a dedicated pediatric emergency care center, four new patient elevators, the Yung Hsia Women’s Pavilion and a new critical care unit, all in the medical center’s flagship Tisch Hospital, and major renovations of the Elly Hammerman Inpatient Pediatric Unit at the Hospital for Joint Diseases. Planning and design for the Helen L. & Martin S. Kimmel Pavilion, a new state-of-the-art clinical facility targeted to break ground in 2013 has also begun due to these gifts.

Philanthropy has also allowed for the purchase and renovation of two residence halls, including the Vilcek Hall on 26th Street, and scholarships for students at the medical center’s NYU School of Medicine. In addition, over the past four years, these gifts have enabled the creation of a new Neuroscience Institute and the recruitment of 50+ new faculty members in disciplines ranging from neuroscience to pediatric cardiac surgery to cancer as well as the establishment of 33 new professorships, a 42 percent increase over the four years.

“There is an energy pulsating through our hallways, our operating rooms, our laboratories and our classrooms – and everyone who comes here feels it and wants to be a part of  it,” said Dr. Grossman. “The unique partnership we have with our donors is an essential ingredient in delivering on our vision to be a world-class, patient-centered, integrated academic medical center. And together with them, there isn’t anything we can’t accomplish.”

For more information about how to make a gift to NYU Langone Medical Center go to: http://giving.nyumc.org.

 

Media Inquiries:                        

Deborah Loeb Bohren                                        

212-404-3560 | Deborah.Bohren@nyumc.org