NEW YORK, June 2, 2009 — Weill Cornell Medical College announced today that it has received a US$100,000 Grand Challenges Explorations grant from the Bill & Melinda Gates Foundation. The grant will support an innovative global health research project conducted by Dr. Kyu Rhee, assistant attending physician in the Division of Infectious Diseases in the Department of Medicine at NewYork-Presbyterian Hospital/Weill Cornell Medical Center, and assistant professor in the Department of Microbiology and Immunology at Weill Cornell Medical College, titled "Metabolosomes: The Organizing Principle of Latency in Mycobacterium Tuberculosis."
NEW YORK, April 7, 2009 — Cornell University announced today that Joan and Sanford I. Weill agreed to the University's request to accelerate the fulfillment of their pledge toward its $4 billion capital campaign, including Weill Cornell Medical College's $1.3 billion "Discoveries That Make a Difference" fundraising drive. By fulfilling their pledge with a $170 million cash payment, the Weills are responding with a decisive boost to the Medical College's capital campaign at a time when the University's endowment has been significantly diminished by the current economic challenges. Mr. and Mrs. Weill's 2007 pledge is believed to be the single largest gift given to a medical college.
New York-Presbyterian Hospital announced today that it has received a $50 million commitment from noted business leader, longtime supporter and Hospital Trustee Ronald P. Stanton. The gift will establish the Ronald P. Stanton Clinical Cancer Program at New York-Presbyterian Hospital/Weill Cornell Medical Center, strengthening and expanding the Hospital's ability to provide patients with the very best cancer care.
Even in these grim economic times, institutions like the Whitney Museum of American Art are able to continue building their collections. Some are gifts from donors unaffected by the financial markets; others are acquisitions in the works before things grew ugly; and then there is art that seemed out of reach before but is now available because of changing fortunes.