Jeremy M. Jacobs, Boston Bruins owner and chairman of the UB Council and Delaware North, a food service and hospitality company based in Buffalo, and his family gave the second-largest donation in UB’s history on Monday.
Forbes magazine ranks him as #481 of the world’s billionaires. He was listed by Forbes magazine for his philanthropic endeavors.
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The medical school will be named the Jacobs School of Medicine and Biomedical Sciences. This is the first time UB has named a school after someone. It brings the Jacobs family’s total donations to UB to more than $50 million.
“The Western New York community has been very good to my family and our company, ” Jacobs said at a press conference to announce the donation Monday morning at the medical campus. “We are proud to reinvest in the region and improve the health of the community. I look forward to the medical campus’ completion in 2017.”
The $30 million donation is an exclamation point on Jacobs’ long history with UB, as he graduated from the university in the 1950s and has served as chair of the UB Foundation and adviser to the School of Management in addition to being UB Council chairman since 1998.
Jacobs’ donation and all of the money received for the $200 million donation goal will go toward building the new medical campus.