• Press Release

Eric and Stacey Mindich Provide Transformational Gift to Advance Science for Children

Newly-Named ‘Mindich Child Health and Development Institute’ is located within the Norma and Leon Hess Center for Science and Medicine.

  • New York
  • (March 19, 2013)

Eric M. Mindich, a trustee of The Mount Sinai Medical Center, and his wife, Stacey Mindich, have provided a leadership gift to support translational research that will advance groundbreaking science and medicine for infants, children, and adolescents. In recognition of the gift, Mount Sinai's Child Health and Development Institute will be renamed The Mindich Child Health and Development Institute (MCHDI).

"Eric and Stacey's extraordinarily generous gift represents a critical step toward Mount Sinai's goal of transforming children's health," said Kenneth L. Davis, MD, President and CEO of The Mount Sinai Medical Center. "Their philanthropic leadership will help us ensure that future generations will not be confronted with the health problems children face now."

The gift will further the collaborative research at the institute, which is led by Bruce D. Gelb, MD. Among other breakthroughs, Dr. Gelb worked closely with Ihor Lemischka, PhD, Director of the Black Family Stem Cell Institute, to develop the first-ever cardiovascular disease model using human-induced pluripotent stem cells.

"The most serious childhood diseases of our time demand a cross-disciplinary approach which requires the kinds of resources that only visionary, committed philanthropists can provide," said Dr. Gelb, the Gogel Family Professor of Child Health and Development. "This gift from Eric and Stacey will play a crucial role in helping us to identify new treatments for pediatric cardiovascular disease, allergy and asthma, diabetes and obesity, and neurodevelopment. I am profoundly grateful for their support."

The MCHDI is located in the newly-opened Leon and Norma Hess Center for Science and Medicine, which houses Mount Sinai's other groundbreaking disease and technology-focused institutes. Proximity helps to promote innovation and bench-to-bedside results, said Dennis S. Charney, MD, the Anne and Joel Ehrenkranz Dean of the Icahn School of Medicine at Mount Sinai.

"Groundbreaking discoveries come from a culture of innovation and creativity, and the Mindich Child Health and Development Institute will play an important part in spreading that culture," said Dr. Charney. "The impact of Eric and Stacey's gift will be felt across Mount Sinai and beyond."

"Stacey and I are inspired by Mount Sinai's vision for children's health and by the remarkable leadership of Dr. Davis, Dean Charney and Dr. Gelb," said Mr. Mindich, a trustee since 1998, whose own three sons were born at Mount Sinai.  "We feel privileged to be able to help them accomplish their goals of providing a better, healthier life for children everywhere." The Mindiches have contributed $15 million since they became involved with Mount Sinai.

Established in 2009 as the Child Health and Development Institute, the MCHDI is the centerpiece of Mount Sinai's exceptional investment in children's health, which also includes expanding and renovating the pediatric and neonatal intensive care units and the children's cancer and blood disorders center. The MCHDI has grown quickly since its launch, recruiting several world-renowned experts in neurodevelopmental disorders, genomics, environmental health, and other specialties in the past year.

"Mount Sinai had the courage to launch this ambitious endeavor because we were confident that we had the best philanthropic partners in the world, and Eric and Stacey have certainly justified our confidence," said Peter W. May, chairman of the Boards of Trustees.

About The Mount Sinai Medical Center

The Mount Sinai Medical Center encompasses both The Mount Sinai Hospital and Icahn School of Medicine at Mount Sinai. Established in 1968, the Icahn School of Medicine is one of the leading medical schools in the United States, and is noted for innovation in education, biomedical research, clinical care delivery, and local and global community service. It has more than 3,400 faculty in 32 departments and 14 research institutes, and ranks among the top 20 medical schools both in National Institutes of Health (NIH) funding and by U.S. News & World Report.

The Mount Sinai Hospital, founded in 1852, is a 1,171-bed tertiary- and quaternary-care teaching facility and one of the nation's oldest, largest and most-respected voluntary hospitals. In 2012, U.S. News & World Report ranked The Mount Sinai Hospital 14th on its elite Honor Roll of the nation's top hospitals based on reputation, safety, and other patient-care factors.  Mount Sinai is one of 12 integrated academic medical centers whose medical school ranks among the top 20 in NIH funding and by  U.S. News & World Report and whose hospital is on the U.S. News & World Report Honor Roll.  Nearly 60,000 people were treated at Mount Sinai as inpatients last year, and approximately 560,000 outpatient visits took place. 

For more information, visit http://www.mountsinai.org. 
Find Mount Sinai on:
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About the Mount Sinai Health System

Mount Sinai Health System is one of the largest academic medical systems in the New York metro area, with 48,000 employees working across eight hospitals, more than 400 outpatient practices, more than 600 research and clinical labs, a school of nursing, and a leading school of medicine and graduate education. Mount Sinai advances health for all people, everywhere, by taking on the most complex health care challenges of our time—discovering and applying new scientific learning and knowledge; developing safer, more effective treatments; educating the next generation of medical leaders and innovators; and supporting local communities by delivering high-quality care to all who need it.

Through the integration of its hospitals, labs, and schools, Mount Sinai offers comprehensive health care solutions from birth through geriatrics, leveraging innovative approaches such as artificial intelligence and informatics while keeping patients’ medical and emotional needs at the center of all treatment. The Health System includes approximately 9,000 primary and specialty care physicians and 11 free-standing joint-venture centers throughout the five boroughs of New York City, Westchester, Long Island, and Florida. Hospitals within the System are consistently ranked by Newsweek’s® “The World’s Best Smart Hospitals, Best in State Hospitals, World Best Hospitals and Best Specialty Hospitals” and by U.S. News & World Report's® “Best Hospitals” and “Best Children’s Hospitals.” The Mount Sinai Hospital is on the U.S. News & World Report® “Best Hospitals” Honor Roll for 2024-2025.

For more information, visit https://www.mountsinai.org or find Mount Sinai on Facebook, Twitter and YouTube.

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