Cleveland Clinic receives $30 million gift from Mandel Foundation

The Cleveland Clinic has announced a $30 million gift from the Jack, Joseph and Morton Mandel Foundation.

The gift will establish the endowed Morton L. Mandel CEO Chair and the Morton L. Mandel Innovation Fund, both named for Mort Mandel, who died in 2019 at the age of 98. Tom Mihaljevic, the current Cleveland Clinic president and CEO, will become the inaugural holder of the chair, and the fund will be used to support the CEO’s vision. Previous gifts from the Mandel Foundation include $23 million in 2019 to establish the Global Leadership and Learning Institute and support the Jack, Joseph and Morton Mandel Global Leadership and Learning Pathway.

“We are deeply appreciative of this latest gift from the Jack, Joseph and Morton Mandel Foundation,” said Mihaljevic. “Mort was an innovative leader, generous philanthropist, and dear friend who left an incredible legacy at Cleveland Clinic and beyond. I am humbled and honored to be the inaugural holder of the Morton L. Mandel CEO Chair.”

“The Cleveland Clinic has already been innovative in many areas of medicine,” said Mandel Foundation president and CEO Jehuda Reinharz. “This, we hope, will enhance medical breakthroughs and will contribute to the health of not only patients in Cleveland, but truly in the entire world.”

(Photo credit: Cleveland Clinic)