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NYU Med. center receives $100-million from its chairman
Issue date: 4/17/08
New York University Medical Center's current chairman of the board of trustees will donate $100-million dollars to the school.
Kenneth Langone, a businessman who previously donated another $100-million anonymously in 1999, put no restrictions on his gift. The Medical Center will be able to use the money however it likes.
NYU hopes to use the money to help pay for a $1-billion hospital pavilion connecting its School of Medicine, the Tisch Hospital, the Rusk Institute of Rehabilitation Medicine, and the Hospital for Joint Diseases.
Wednesday, the university renamed the Medical Center to the NYU Elaine A. and Kenneth G. Langone Medical Center, in honor of the benefactor and his wife.
Langone's combined $200-million gift is the largest the medical center has ever received.
Kenneth Langone, a businessman who previously donated another $100-million anonymously in 1999, put no restrictions on his gift. The Medical Center will be able to use the money however it likes.
NYU hopes to use the money to help pay for a $1-billion hospital pavilion connecting its School of Medicine, the Tisch Hospital, the Rusk Institute of Rehabilitation Medicine, and the Hospital for Joint Diseases.
Wednesday, the university renamed the Medical Center to the NYU Elaine A. and Kenneth G. Langone Medical Center, in honor of the benefactor and his wife.
Langone's combined $200-million gift is the largest the medical center has ever received.
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