Jefferson University Awarded $70 Million for Biomedical Research

Jefferson University Awarded $70 Million for Biomedical Research

Thomas Jefferson University in Philadelphia has announced a $70 million gift from Sidney and Caroline Kimmel in support of a new biomedical research building.

The gift will support construction of a new facility, the Caroline Kimmel Biomedical Research Building, and bolster the university's research capacity. With the Bluemle Life Sciences Building and Jefferson Alumni Hall, the new facility will create a "research corridor" along Locust Street that helps foster connections with researchers in the Sidney Kimmel Cancer Center, where Caroline Kimmel serves as a member of the advisory council, as well as the larger Jefferson community.

A 2010 signatory to the Giving Pledge, Kimmel served as CEO of Jones New York until 2003 and as chair of the women's clothing wholesaler until 2014. He and his wife are longtime supporters of Jefferson and have given more than $200 million to the university, including a gift to establish the Sidney Kimmel Cancer Center in 1995 and $110 million, the largest-ever gift to the university, to name the Sidney Kimmel Medical College in 2014.

"This gift will have a profound and lasting impact on Jefferson's ability to further pursue scientific discovery," said Mark Tykocinski, the university's provost and executive vice president for academic affairs. "The Caroline Kimmel Biomedical Research Building will serve as a magnet for scientific talent and will bolster our status as an R2 National Research University."

"I could not be more pleased about this gift; in fact, I am ecstatic," said Kimmel. "In one act, I have been able to honor my wonderful marriage to Caroline, my home town of Philadelphia, Thomas Jefferson University, which I call the Soul of the City, and cancer research to which I have devoted so much of my time and resources. What more could I ask for? I am so fortunate, frankly blessed, to have this opportunity."