Jacobs Family Makes Historic $30 Million Gift
Jeremy M. Jacobs, his wife, Margaret, and their family have given an historic $30 million to the University at Buffalo School of Medicine and Biomedical Sciences.
As chairman of Delaware North Companies and a longtime supporter of UB, Jeremy is one of the community’s most dedicated philanthropists.
In recognition of his tremendous service and philanthropy to the university, the UB medical school will be named the Jacobs School of Medicine and Biomedical Sciences.
“This is a great and historic milestone for UB, as the first school-naming in our university’s long and distinguished history. It is truly fitting that the medical school—UB’s founding school—would have this great distinction,” says UB President Satish K. Tripathi.
With the gift to UB’s medical school, the Jacobs family has given more than $50 million to the university, making the Jacobs family one of UB’s most generous benefactors. The gift is the largest to the $200 million campaign for the UB medical school and brings the school to 80 percent ($160 million) of its goal.
Jeremy says his family was inspired to make the gift in recognition of the UB medical school’s key role in advancing new treatments for patients and in realizing the full potential of the Buffalo Niagara Medical Campus.
“My family is honored to make this investment in the community,” Jacobs says. “We look forward to Western New York becoming a world-class destination for health care.”
Michael E. Cain, MD, vice president for health sciences at UB and dean of the medical school, said that the Jacobs gift will support priority initiatives at the medical school, which will be completed in 2017.
“This very generous gift adds to an exciting momentum within the medical school over the past several years,” Dr. Cain says. “It will help the medical school continue to recruit the very best faculty, students and clinicians whose expertise is advancing patient care in our community.”