Weill Cornell Medical College in New York said it will receive $400 million in major gifts, bringing the medical school to the halfway mark in the first seven months of its $1.3 billion capital campaign.
The largest of the gifts is $250 millionbelieved to be the largest single gift ever given to a medical collegefrom Joan and Sanford Weill, board chairman of the medical college. The Weills are additionally making a $50 million gift to Cornell University to help fund its New Life Sciences Initiative. To date, the Weills and the Weill Family Foundation have given more than $500 million to Weill Cornell Medical College.
Maurice Greenberg, also a member of the medical schools board and chairman and chief executive officer of C.V. Starr and Co., and his wife, Corinne, are giving $25 million. The Starr Foundation has donated another $25 million. Greenberg is also chairman emeritus of New York-Presbyterian Hospital.
Another donation of $100 million came from longtime supporters of Weill Cornell who wish to remain anonymous, officials said. The gifts will fund a variety of projects, including new translational and clinical research programs, support for students and a biomedical research building. -- by Cinda Becker