Patel Foundation Commits $200 Million to Nova Southeastern University

Patel Foundation Commits $200 Million to Nova Southeastern University

Nova Southeastern University in Fort Lauderdale, Florida, has announced a $200 million commitment from the Drs. Kiran & Pallavi Patel Family Foundation to expand its programs in osteopathic medicine and healthcare sciences.

The largest gift in the university's history includes a $50 million gift and a $150 million real estate and facility investment in a planned 325,000-square-foot medical education complex on NSU's new Tampa Bay Regional Campus in Clearwater, a 27-acre site that has been acquired by the Patel Family Foundation. The complex will house the College of Osteopathic Medicine — to be renamed the Dr. Kiran C. Patel College of Osteopathic Medicine in recognition of the gift, which includes support for equipment and the hiring of additional faculty and staff, as well as an endowment to sustain the operation of the college at its new location.

The commitment also includes an endowed scholarship fund in the College of Health Care Sciences, which will be renamed the Dr. Pallavi Patel College of Health Care Sciences. The gift of $50 million from the couple, a cardiologist and a pediatrician, will count toward NSU's $250 million fundraising goal through 2020.

According to NSU, the university is the top provider of medical doctors and physician's assistants choosing to practice in Florida, and 60 percent of those graduates do so in medically underserved areas — a key factor in the Patels' decision to support its Colleges of Osteopathic Medicine and Health Care Sciences. Their goal is to be involved in the training and education of healthcare providers who will serve in areas with the greatest need.

"I feel that it is more important than ever to advance the current state of health care," said Kiran C. Patel. "It is rare for someone to have the opportunity to impact the world in this way, and, as an immigrant to the United States, I am particularly honored to be able to make a difference in people's lives around the world. I believe that NSU is the future of multidisciplinary medical education. Together, we will be able to capitalize on an opportunity that will be beneficial to millions of human lives, many right here in Florida and many others across the globe."

(Photo credit: Baker Barrios, courtesy of Nova Southeastern University)

"Nova Southeastern University Receives $200 Million Commitment from Patel Family Foundation." Nova Southeastern University Press Release 09/25/2017.