NY Times - "$200 Million Gift, and a New Name, for Mount Sinai Medical School"
Mount Sinai School of Medicine is being renamed the Icahn School of Medicine at Mount Sinai in recognition of Mr. Icahn's many years of dedicated service to the institution, his leadership in advancing medical science, and his nearly $200 million in lifetime giving to Mount Sinai. Of the medical school, Mr. Icahn said, "It does help the people that aren’t that fortunate," adding that he had chosen his other philanthropic ventures — like several charter schools — for the same reason. "I do feel there is too much disparity in the city between the wealthy and the not wealthy." The Icahn gift comprises about $50 million already given and an additional $150 million still to come, said Dr. Kenneth L. Davis, president and chief executive of The Mount Sinai Medical Center, which includes the school. Dr. Davis said the gift had been nurtured over nine years of dinners and discussions with Mr. Icahn, a medical school trustee, and would be heavily devoted to building research capability. Learn more