Ken Griffin Bestows $50M Gift to the University of Miami

March 6, 2024 : Ken Griffin, a prominent figure in the business and philanthropy sectors, has announced a significant philanthropic contribution to the University of Miami (UM). His generous gift of $50 million is designated towards the Sylvester Comprehensive Cancer Center, a unique institution as the region’s only National Cancer Institute-designated center.

This substantial donation is poised to significantly impact UM’s ongoing efforts in cancer research, treatment, and education, marking a significant milestone in the university’s journey. The funds will be used to support the construction of a new 12-story research facility, slated to be named the “Ken Griffin Building.” This expansion will bolster the center’s research capabilities and accommodate the growing team of dedicated researchers.

Mr. Griffin’s philanthropic commitment extends beyond financial contributions. He has expressed his desire to foster a collaborative environment within the cancer center, a unique initiative that holds the potential to accelerate breakthroughs in cancer research and ultimately lead to improved patient outcomes. This collaborative spirit facilitates interaction and knowledge exchange between researchers, physicians, and students.

The Sylvester Comprehensive Cancer Center has long been recognized for its leadership in cancer research and patient care. With the support of Mr. Griffin’s transformative gift, the center is poised to further solidify its standing as a beacon of hope for patients battling cancer. The facility expansion and enhanced research capabilities will enable the center to attract and retain top researchers, fostering a dynamic scientific discovery and innovation environment.

This generous donation underscores Mr. Griffin’s ongoing commitment to supporting vital causes and institutions. His philanthropic endeavors have positively impacted various sectors, including education, healthcare, and arts and culture. The University of Miami and the Sylvester Comprehensive Cancer Center are undoubtedly grateful for Mr. Griffin’s remarkable generosity, which will contribute significantly to the fight against cancer.