NSU Surpasses $250 Million Fundraising Goal

Nova Southeastern University (NSU) is one step closer to fulfilling its vision to be the South Florida destination for health care education thanks to two new gifts. One will support NSU’s College of Allopathic Medicine, the other will support NSU’s College of Nursing. Combined, these gifts help the university achieve the $250 million goal for its Realizing Potential campaign three years ahead of schedule. Dr. Kiran C. Patel and Dr. Pallavi Patel Make Transformational Gift to Nova Southeastern University

The first gift – $25 million from the Drs. Kiran and Pallavi Patel Family Foundation, Inc. – will rename the NSU College of Allopathic Medicine to the Dr. Kiran C. Patel College of Allopathic Medicine (M.D.) Their latest gift comes on the heels of their previous financial commitment of $200 million, comprised of a $50 million gift to rename NSU’s College of Osteopathic Medicine and its College of Health Care Sciences, plus an additional $150 million in real estate investment to develop a new site for NSU’s Tampa Bay Regional Campus in Clearwater, Florida, which will provide an additional location for NSU’s osteopathic medicine program for that area.

“The cumulative generosity of the Patels’ contributions and all the other philanthropic gifts we have received since 2016 brought us very close to our $250 million goal,” said NSU President Dr. George Hanbury. “Then the Chairman of our Board of Trustees, Ronald Assaf, and his wife, Kathy, stepped up with their own gift and that put our Realizing Potential campaign over the top three years ahead of our 2020 target date.”

NSU Board of Trustees Chairman Ronald G. Assaf and his wife Kathy AssafThe Assaf’s gift will rename the NSU College of Nursing to the Ron and Kathy Assaf College of Nursing. The Realizing Potential campaign goal of $250 million is the first philanthropic campaign in the university’s 54-year history. It is also, by far, the largest philanthropic campaign of any sort in Broward County.

The Dr. Kiran C. Patel College of Allopathic Medicine (M.D.) and the Ron and Kathy Assaf College of Nursing are two of eight distinctive colleges in NSU’s Health Professions Division. The others are: NSU’s College of Dental Medicine, College of Medical Sciences, College of Optometry, College of Pharmacy, the Dr. Kiran C. Patel College of Osteopathic Medicine (D.O.) and the Dr. Pallavi Patel College of Health Care Sciences. These colleges, many producing the state’s largest number of graduates in their specialty each year, offer more than 60 degrees and provide a myriad of opportunities for inter-professional interaction at the university.

“The Patels, the Assafs and many of our other supporters share our vision and core values to transform the way we educate our future leaders while simultaneously providing a variety of health care and other services to the community at large,” said Dr. Hanbury. “These generous gifts provide additional resources necessary to build an integrated university-driven health system here in Florida that has worldwide reach.

“NSU currently has an economic impact throughout Florida of $3.5 billion,” Dr. Hanbury said. “And with funded projects currently in the pipeline at the Fort Lauderdale/Davie campus and the Tampa Bay/Clearwater campus, it is expected that by 2020 our economic impact throughout Florida will exceed $5 billion.”

Realizing Potential Philanthropic Campaign

Celebration video played at NSU's Celebration of Excellence, including names of our Realizing Potential transformational donors.

The rousing success and early completion of NSU’s $250 million philanthropic campaign reflect high donor confidence in NSU’s ability to turn aspirations into reality. Thanks to strong donor support, NSU has been able to attract and empower renowned researchers and collaborators, as well as bright students who not only imagine a better world, but are motivated to work and make a difference.

The Realizing Potential campaign was the first ever undertaken in the history of NSU and the largest in Broward County. Of the $250 million for the Realizing Potential campaign, one third ($81 million) of the total gifts and pledges received were directed to the university’s endowment (with $45.5 million coming from the Patel Foundation’s gifts alone.)

The campaign generated more than $140.8 million for scholarships and other investments to benefit NSU’s students throughout its nine campuses and online community. Another $50.5 million is earmarked for faculty and research, and $61.2 million to 21st century initiatives.

In the past two years, NSU celebrated the grand openings of a Center for Collaborative Research, the NSU AutoNation Institute for Breast and Solid Tumor Cancer Research, a new regional campus in Puerto Rico, the Noel P. Brown Sports Center expansion at NSU University School (a JK-Grade 12 college preparatory school and the naming of the Rick Case Arena in the Don Taft University Center. In addition to introducing the new Dr. Kiran C. Patel College of Allopathic Medicine, the Dr. Kiran C. Patel College of Osteopathic Medicine and the Dr. Pallavi Patel College of Health Care Sciences and a new site in the Tampa/Clearwater Florida area, NSU also created programs to stimulate entrepreneurship, engineering, and experiential learning. The campaign also included the naming of the Guy Harvey Oceanographic Center building on NSU’s ocean campus and the naming of the Huizenga Sales Institute, located within the Carl DeSantis Building on NSU’s Fort Lauderdale/Davie campus.

Early hallmarks of the campaign’s start in 2008 included adding NSU Art Museum Fort Lauderdale to NSU’s expanded creative campus and providing a home for Special Olympics Broward County.

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