Kimmel Foundation Gives $110 Million to Thomas Jefferson University

Here’s a great big gift that will benefit a Philadelphia institution for a long time to come. The Sidney Kimmel Foundation — yes, you might know that last name from the city’s performing arts center — is donating $110 million to Thomas Jefferson University. The university, in turn, will rename Jefferson Medical College to Sidney Kimmel Medical College at Thomas Jefferson University immediately. The gift gets split into four parts:

The Caroline Kimmel Endowment Fund for Scholarships—awarded to attract the top medical students who exhibit both high intellectual and emotional intelligence.

The Sidney Kimmel Capital Fund—to ensure that future students and faculty have state of the art facilities that will help differentiate the Sidney Kimmel Medical College at Thomas Jefferson University.

The Sidney Kimmel Innovation and Research Fund—to establish the Sidney Kimmel Medical College as a leader of healthcare innovation and research, by attracting the faculty of the future; distinguished faculty from around the country who will inspire tomorrow’s physician leaders.

The Sidney Kimmel Presidential Endowment Fund—to support initiatives such as faculty recruitment, retention, research and publication that will be most important to the future of Sidney Kimmel Medical College and Thomas Jefferson University.

 “Caroline and I are delighted to support the education and training of future young men and women who will dedicate their lives to the art and science of medicine,” Kimmel said in a press release. “We are confident the years they spend at Jefferson will have a lasting impact on the health and wellbeing of countless lives throughout Philadelphia and the nation.” (Chronicle of Higher Education)