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The Chronicle of Philanthropy
News Updates

November 12, 2008

NYU Langone Medical Center Receives $260-Million in Two Gifts

New York University Langone Medical Center has received two big pledges totaling $260-million from Helen L. Kimmel, a member of the center’s Board of Trustees, and a family that wished to remain anonymous.

Ms. Kimmel pledged $150-million to the medical center to pay for a new patient facility. The anonymous family has pledged $110-million to redesign Tisch Hospital, the university’s main medical facility, which was built in 1963.

A board member since 1984, Ms. Kimmel is the widow of Martin S. Kimmel. Mr. Kimmel co-founded Kimco Realty Corporation, a real-estate development company in New Hyde Park, N.Y., that is one of the country’s largest builders of strip malls. Mr. Kimmel died in April at age 92.

Over the years, Ms. Kimmel and her late husband have given more than $190-million to the medical center. They gave money to establish a center for biology and medicine at the university’s Skirball Institute, and donated $10-million in 2005 to establish a center for stem-cell biology.

Gifts from the Kimmels also endowed professorships in molecular immunology, and a recent donation from Ms. Kimmel endowed a professorship in advanced cardiovascular therapeutics.

The current donations are the second and third gifts of $100-million or more that the medical center has received since April, when Kenneth G. and Elaine A. Langone pledged $100-million. Mr. Langone is chairman of the center’s Board of Trustees.

Maria Di Mento

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