New York-Presbyterian Hospital Receives $100 Million Gift From David Koch

New York-Presbyterian Hospital Receives $100 Million Gift From David Koch

New York-Presbyterian Hospital has received a $100 million gift from Koch Industries executive vice president David H. Koch in support of a new facility dedicated to outpatient care, the Wall Street Journal reports.

Awarded as part of a $2 billion capital campaign slated to end in 2019, the gift will support construction of a 450,000-square-foot ambulatory care center to be named after Koch. In addition to ambulatory surgery and cancer infusion services, the nine-story building will house specialists in radiation, oncology, and gastroenterology.

Koch, who has served on the hospital's board of trustees for twenty-five years, told the Journal that his gift represents "one more thing I'm doing to try and make New York City a better place." The billionaire industrialist has contributed to various institutions in the city, including the David H. Koch Theater (formerly the State Theater of New York) at Lincoln Center, Memorial Sloan-Kettering Cancer Center, and the Jaffe Food Allergy Institute at Mount Sinai Medical Center.

In addition to the stipulation that the center be high-tech and patient-friendly, Koch said he would "like to see it finished ahead of schedule and on budget."

Melanie Grayce West. "Moving Forward at City Hospital." Wall Street Journal 04/01/2013.