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NYU Medical Center Changes Name to Honor Chairman of Board & Wife
Date:4/16/2008

Elaine & Kenneth Langone contribute unrestricted $200 Million Gift

NEW YORK, April 16 /PRNewswire/ -- NYU Medical Center (http://www.med.nyu.edu/) today announced it will be renamed the NYU Elaine A. and Kenneth G. Langone Medical Center, in honor of the chairman of its board of trustees and his wife, whose unrestricted $200 million gift is the largest in the Medical Center's history.

The announcement was made by Robert I. Grossman, M.D., (http://www.med.nyu.edu/people/grossr03.html) dean and CEO of the Medical Center, who said the renaming was in tribute to the Langones' tireless efforts on behalf of the Medical Center, their generosity as champions of its mission, and their commitment to its future under its new leadership. The Langones' contribution has already inspired additional gifts to the Medical Center, totaling $50 million.

A leading philanthropist and a major figure in business and finance, Kenneth Langone (http://www.kennethlangone.org/ken-langone-biography.html) is best known as co-founder of the world's largest home improvement retailer, Home Depot, a director of the New York Stock Exchange, and founder of the brokerage and investment banking firm Invemed. He has been a trustee of New York University since 1997 and chairman of the Medical Center's Board of Trustees since 1999.

"What makes the Langone gift so remarkable is not just the amount, but the spirit in which it is given," said Dr. Grossman, who became dean and CEO in July 2007, after serving as chairman of the Department of Radiology at NYU for the prior six years. "Rather than being tied to a particular program, this distinctive contribution is being given in a very open-ended way to enable us to realize our dreams of innovation and excellence. The Lang
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SOURCE NYU Elaine A. and Kenneth G. Langone Medical Center
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