Billionaire philanthropists David H. Koch and Henry R. Kravis made separate donations totaling $250 million Wednesday to gird major new hubs for medical research and treatment on Manhattan’s Upper East Side, reports The Wall Street Journal.
Memorial Sloan Kettering Cancer Center is getting $150 million from Mr. Koch, the executive vice president of Wichita, Kans.-based Koch Industries, for a 23-story outpatient center to rise on the East River waterfront near the hospital’s main campus. The $1.3 billion facility, to be named for Mr. Koch, is expected to serve 1,300 patients daily. Mr. Koch has now donated some $225 million to Memorial Sloan Kettering.
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