Sanford Weill Gives Cornell $100M
ITHACA, N.Y. (AP) _ Cornell University will name its medical college after Sanford Weill and his wife after the Travelers Group chairman pledged $100 million to the university, its largest single gift ever.
Weill and his wife, Joan, said Thursday their pledge will support research in structural biology, genetic medicine and neuroscience at Cornell’s medical college and graduate school of medical sciences in New York City.
``The future of medicine in this country and throughout the world depends on the excellence of our biomedical research,″ said Weill, 65.
Weill, a 1955 Cornell graduate, is chairman and chief executive of Travelers Group, one of the country’s largest diversified financial services companies.