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$10 million gift will retain and recruit world-class researchers to University at Buffalo
Date:6/13/2008

BUFFALO, N.Y. -- The University at Buffalo announced today a $10 million gift from Jeremy M. Jacobs, his wife, Margaret, and family to establish the Jacobs Institute, which will support research and clinical collaboration on the causes, treatment and prevention of heart and vascular diseases.

The gift was made in honor of Lawrence D. Jacobs, M.D., a world-renowned medical pioneer and the late brother of Jeremy Jacobs. Lawrence Jacobs was chair of the Department of Neurology in UB's School of Medicine and Biomedical Sciences and chief of neurology at Buffalo General Hospital at the time of his death. He was perhaps best known by the world and the medical community for his successful breakthroughs in the treatment of multiple sclerosis.

This gift will fund the retention and recruitment of world-class researchers, educators and clinicians to the University at Buffalo and to the Western New York heath-care community.

Jeremy Jacobs is chairman and CEO of Delaware North Companies, a worldwide leader in hospitality and one of the largest privately held companies in North America. He is also chairman of the UB Council, an alumnus of the UB School of Management and a long-time philanthropic leader.

The Jacobs' gift is the largest single gift ever to UB and makes the Jacobs family the university's most generous donor, with gifts totaling $18.4 million. This historic $10 million gift to UB demonstrates the Jacobs family's confidence in UB's ability to greatly enhance the quality of life and economic prosperity of the Western New York community through groundbreaking medical research and the resulting economic impact of its research.

"I support the vision of bringing the brightest minds together in one place to focus on clinical care, research and teaching with an entrepreneurial spirit to solve challenging problems. It is my hope that

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Contact: John DellContrada
dellacon@buffalo.edu
716-361-3006
University at Buffalo
Source:Eurekalert  

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$10 million gift will retain and recruit world-class researchers to University at Buffalo
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