Cedars-Sinai Receives $50 Million for Heart Institute

Cedars-Sinai Receives $50 Million for Heart Institute

Cedars-Sinai Medical Center in Los Angeles has announced a $50 million naming gift from Eric and Susan Smidt and the Smidt Family Foundation to advance research and innovative practices in cardiology and cardiovascular surgery.

The largest gift in the 116-year history of Cedars-Sinai will be used to expand the hospital's research into and treatment of heart conditions, with a focus on innovative science, clinical trials and emerging treatments, and the training of the next generation of heart specialists. To be renamed the Smidt Heart Institute, the hospital's cardiology and heart surgery center will bring together sixteen centers and programs, including specializations in transplantation, stem cell therapy, congenital heart disease, women's heart health, valve disorders, arrhythmia, and hypertension.

"We are deeply moved by the opportunity to support our family's local medical center and also serve the global medical community by funding Cedars-Sinai's internationally renowned heart research," said Eric Smidt, the founder, owner, and CEO of national retailer Harbor Freight Tools. "It's important to support outstanding local institutions, and we want to help amplify Cedars-Sinai's impact on human health and well-being here and far beyond Los Angeles. We are humbled to play a role in their long tradition of saving lives and serving our community."

"Eric and Susan Smidt's generous gift will have an enormously positive impact on our ability to provide the best cardiac care possible to our patients," said the institute's director, Eduardo Marbán. "We are deeply grateful for their visionary support, which will cement the reputation of the Smidt Heart Institute as the leading resource for all aspects of cardiology and cardiovascular surgery."