Investment firm co-founders give $5 million to Atlantic Health
The gift, announced Wednesday, will fund cancer research and clinical trials, and one account calls it the organization's largest research gift yet.
By Standard Topic. AI-generated from the reporting listed under Coverage. Published . Updated .
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What happened
Atlantic Health announced Wednesday that it received a $5 million pledge from Jacobs and Levy, co-founders of a Florham Park-based investment management firm. The money will support cancer research, clinical trials and related work. Two longtime Morris County residents are the donors, and the gift will benefit Morristown Medical Center.
Why it matters
The pledge is described as Atlantic Health's biggest research gift ever. It is meant to advance cancer research and clinical trials.
Timeline
- Oct 15, 5:28 AM ET: Atlantic Health announces it has received a $5 million pledge from the co-founders of a Florham Park investment management firm.
- Oct 15, 11:10 AM ET: The donors are identified as two longtime Morris County residents, and the gift is said to benefit Morristown Medical Center.
- Oct 17, 11:04 AM ET: The $5 million is described as the largest gift the firm has made to Atlantic Health for research.
Coverage
- Jacobs and Levy's $5M Pledge Supports Atlantic Health Cancer Research (hoodline.com)
- Morristown Medical Center To Benefit From Record $5M Cancer Research Gift (patch.com)
- Atlantic Health receives $5 million pledge to advance cancer research (wrnjradio.com)
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