Cancer research and treatment center City of Hope received a record-breaking $50 million gift to support the development of a $1 billion comprehensive cancer campus in Irvine, Calif., the organization said March 31.
The gift was from the Lennar Foundation and is the single largest philanthropic contribution to the City of Hope Orange County.
City of Hope said it plans to use the funds to build the medical campus and establish the Lennar Foundation Cancer Center to support breakthrough cancer research and treatment. The cancer center, currently under construction, is slated to open next year.
"This is the start — and it is a monumental start — to show the nation that our work in Orange County will catalyze incredible achievements in healthcare," Robert Stone, president and CEO of City of Hope said. "With this gift, we will achieve the nexus of unsurpassed medical expertise, future-focused communities, groundbreaking technology and innovation, all for the single purpose of saving lives.