Exclusive: Citadel partners are donating $5 million of their personal wealth to New York hospitals to advance testing and immunity initiatives
Ken Griffin, Founder and CEO, Citadel, speaks during the Milken Institute's 22nd annual Global Conference in Beverly Hills, California, U.S., April 30, 2019.Citadel and Citadel Securities partners will donate $5 million to four New York City hospitals as they respond to the coronavirus.
The funds will go to Mount Sinai, NYU Langone, The Rockefeller University, and Will Cornell Medicine. The donation will help the hospitals with programs like immunity initiatives for healthcare workers, and drug efficacy tests. The partners of Citadel and Citadel Securities will donate $5 million of their personal funds to four New York City hospitals to help them advance coronavirus initiatives like testing, immunity, and drug efficacy programs, the hedge fund told Business Insider.
The donation will go to Mount Sinai, NYU Langone, The Rockefeller University, and Weill Cornell Medicine. "These initiatives represent the top scientific priorities for these leading medical institutions and have the potential to transform the local and national response to this pandemic, ultimately saving lives and positioning individuals to safely return to society and the workplace," Citadel told Business Insider.
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