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Greenwich Billionaire Cohen Donates $20 Million To Stamford Hospital

From left: Chris Riendeau, Gerald Rakos, Brian Grissler, Michael Fedele, Alexandra Cohen; Jeanne Melino, and Dr. Edward Schuster.
From left: Chris Riendeau, Gerald Rakos, Brian Grissler, Michael Fedele, Alexandra Cohen; Jeanne Melino, and Dr. Edward Schuster. Photo Credit: Contributed photo

STAMFORD, Conn. --  In the largest single gift ever to Stamford Hospital, Greenwich hedge fund billionaire Steven Cohen and his wife Alexandra have made a donation of $20 million through their foundation.

The gift from the Steven & Alexandra Cohen Foundation will create the Cohen Children’s Institute at Stamford Hospital. The institute will offer pediatric healthcare to children in the region through a collaboration of pediatric experts.

“Steven and I are happy to support the continued expansion of pediatric services at Stamford Hospital and to help create state-of-the-art facilities needed to care for our community’s children,” said Alex Cohen. “We want families in our region to know that they can get access to top-quality medical care right here in Stamford, no matter what their financial status.”

The institute will incorporate all pediatric services at Stamford Hospital, including the Cohen Children’s Specialty Center located at Stamford Hospital’s Tully Health Center; as well as a fully integrated, pediatric inpatient unit to be created in the Hospital’s Whittingham Pavilion after the new Stamford Hospital opens in 2016.

The new hospital will also house the Cohen Pediatric Emergency Services Center and trauma program, the first dedicated pediatric emergency center of its kind in Fairfield County. 

The Steven & Alexandra Cohen Foundation has been a longtime supporter of Stamford Hospital, helping provide both inpatient pediatric care as well as access to top-tier pediatric specialists. 

“This most recent gift from the Steven & Alexandra Cohen Foundation reinforces our long-standing relationship with Alex and Steve as they continue their exemplary support for children across the country and right here in our communities,” said Brian Grissler, president and CEO of Stamford Hospital. “They have been such strong supporters of Stamford Hospital since 2004, and this generous donation represents not only the largest gift for the hospital’s current capital fundraising campaign – it is the largest in the hospital’s history.”

This gift will also support Stamford Hospital’s mission to educate and advance the breadth and depth of expertise in regional pediatric care. 

“This generous gift will enable the hospital to provide a world-class, comprehensive patient-centered healing environment, as well as advanced emergency, trauma, surgical and non-urgent medical care for our pediatric patients,” said Dr. Gerald Rakos, chairman of the Department of Pediatrics and Medical Director of the Cohen Children’s Institute at Stamford Hospital.

“The Cohen Children’s Institute will be a platform for attracting and retaining nationally recognized talent. We are extremely grateful to Steve and Alex Cohen for their continued and generous support as we move into a new generation of pediatric patient care.”

Cohen is the founder of SAC Capitol Advisers, a hedge fund in Stamford. 

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