Nancy and Stephen Grand
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The American Committee for the Weizmann Institute of Science announced today that Nancy and Stephen Grand, of San Francisco, have committed $50 million to advance the international study of personalized medicine.
The funds will be used by the Weizmann Institute of Science in Rehovot, Israel, to operate the recently established Israel National Center for Personalized Medicine (INCPM). The Grand gift is the single largest contribution ever made to the American Committee in its 70-year history supporting scientific research and science education.
As the only facility of its kind in Israel and in the region, the Nancy and Stephen Grand Israel National Center for Personalized Medicine is a state-of-the-art biomedical research center focused on four innovative fields: genomics, protein profiling, bioinformatics, and drug discovery. Personalized and predictive medicine uses information about a person’s genes, proteins, and personal history to prevent, diagnose, and treat disease.
Stephen Grand is the co-founder of Grand/Sakwa Properties, one of the largest developers of residential and retail properties in the Midwest. He has been involved in the development of millions of square feet of residential and commercial properties. Before he embarked on his real estate development career, Stephen was president and owner of Deco-Grand, a large manufacturer of precision components and assemblies for diesel engines and automotive industries which he owned and operated for 20 years after succeeding his father, the late Sam Grand, a great supporter of Israel. Nancy Grand is the immediate past president of the Jewish Community Federation and Endowment Fund in San Francisco.
The Grands are active in numerous philanthropic activities throughout the United States and in Israel, among others the Multiple Myeloma Research Foundation and Technion-Israel Institute of Technology.
“Nancy and I recognize that Israel is a world leader in science and technology. This gift enables Weizmann to equip itself to participate in the exploding world of genetics and to find cures for diseases to improve the human condition. We all know that the brilliance of Weizmann’s scientists will result in major progress from which we will all benefit. In addition, all Israeli scientists who wish to work in this new field will have facilities and teams of other scientists in Israel with whom to collaborate without needing to travel to other countries to do this important work. We are thrilled to assist in this powerful effort, ” Stephen Grand said.
Ellen Merlo, Chair of the American Committee, and Marshall S. Levin, Executive Vice President and CEO, who announced the gift today, said, “Nancy and Stephen are exemplary humanitarians and true leaders”.