Science Market Update

Thomas Jefferson University Receives $110 Million Gift To Enhance Medical School

Posted by Laura Braden on Fri, Jan 02, 2015

Earlier this year, the Thomas Jefferson University Medical School received a remarkable donation of $110 million dollars. This donation, from the Sidney Kimmel Foundation, renamed the medical school to the Sidney Kimmel Medical College at Thomas Jefferson University and will help enrich the school's facilities, students, faculty, and research. 

The $110 million donation will remain the medical school to the Sidney Kimmel Medical College at Thomas Jefferson University.

(Image courtesy of Wikimedia Commons)

Faculty, staff and students at Thomas Jefferson University Medical School are excited about this gift that will greatly enhance medical studies and research at their institution. Mark Tykocinski, M.D., the Anthony F. and Gertrude DePalma Dean of Jefferson Medical College explained that "this magnanimous gift will enable our faculty to provide training, investigative and clinical care environments that will ensure greater successes among our students for decades to come.”

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The donation will be used to create 4 new funds that will support medical studies and research in the Medical School: 

  • Sidney Kimmel Innovation and Research Fund - to help attract the best faculty to the medical school, and establish the university as a leader in research and innovation. 
  • Sidney Kimmel Capital Fund - to help the medical college have state-of-the-art facilities to further learning and research. 
  • Sidney Kimmel Presidential Endowment Fund - to help recruit and retain new faculty, help with research and publications that will benefit the medical school. 
  • Caroline Kimmel Endowment Fund for Scholarships - scholarships will be given to help top medical students come to Thomas Jefferson University. 

This donation is the single largest gift Thomas Jefferson University has ever received, but not the first gift the Sidney Kimmel Foundation has given to the school. In the 1990's, the foundation donated $10 million to establish the Sidney Kimmel Cancer Center at Thomas Jefferson University. 

Richard Gozon, Chairman of the Board of Trustees at Thomas Jefferson University explained that “Jefferson has benefited enormously from Sidney’s generosity through his unwavering support for cancer research and cardiac care. This extraordinary gift is a defining moment for Jefferson and demonstrates his trust in our ability to be a leader in shaping the future of healthcare.”

Thomas Jefferson University is a well-funded, growing research marketplace.      Market lab products to researchers in Philadelphia.

Thomas Jefferson University receives millions of dollars each year in funding from the NIH, NSF, and other public and private donors, like the Sidney Kimmel Foundation. These awards are given to many of the research departments at Thomas Jefferson University. In the 2014 fiscal year, Thomas Jefferson University received $48.3 million in life science funding from the NIH. Of the departments that received portions of this funding, the following 5 received the most: 

  • Microbiology, Immunology, Virology - $12 million
  • Pathology - $6.7 million
  • Medicine and Internal Medicine - $6.1 million
  • Biochemistry - $4.9 million
  • Neurosciences - $4.5 million

*Data above collected from the NIH RePorter. 

To market lab products directly to researchers from these well-funded research departments, consider participating in the upcoming 6th annual BioResearch Product Faire™ Event at Thomas Jefferson University on May 6, 2015. This popular event allows life science researchers from Thomas Jefferson University to meet with lab suppliers to find new and necessary products and technologies that can be used in their labs to help researchers with their work.  

Last year, of the 134 researchers, lab managers, professors, post docs, purchasing agents, and postgraduate students who attended the event, nearly 40% were decision makers. A similar turn-out is expected at the 2015 event. 

To learn more about participating in the upcoming 6th annual event on May 6, 2015 and to get more funding information about Thomas Jefferson University, visit the link below. 

Exhibit At Thomas  Jefferson University

 

Researchers at Thomas Jefferson interested in attending this upcoming event can visit the link below to learn more and pre-register. 

Researchers Attend Thomas Jefferson Event

 

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Tags: Northeast, Thomas Jefferson University, 2015, Philadelphia, BioResearch Product Faire Event, PA, ThomJeff

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