(Bloomberg) — Bridgewater Associates founder Ray Dalio is giving $50 million to New York-Presbyterian Hospital to fund a center dedicated to health equity and justice, at a time when the Covid pandemic has underlined the stark racial disparities in the U.S.
The Dalio Center for Health Justice, a research and advocacy organization, will focus on reducing differences in access to quality health care that overwhelmingly affect communities of color, New York-Presbyterian and Dalio Philanthropies said in a statement.
The hospitalization rate from Covid among Black and Hispanic individuals has outnumbered that of Whites and non-Hispanics by a factor of at least 4.6, according to data from the Centers for Disease Control and Prevention. The death rate of Blacks has been more than twice that of Whites.
“Access to equal health care and equal education are fundamental requirements of a
STATEN ISLAND, N.Y. — Members of the Executive Club of Staten Island visited Richmond University Medical Center (RUMC) and Staten Island University Hospital (SIUH) North on Sept. 16, presenting each facility with a check for $5,000.
The donation came as a result of a unanimous vote among its members to give back to the community in the aftermath of the Coronavirus Pandemic.
“While our Club’s primary purpose isn’t focused on charitable giving, we all felt a need to recognize the courage, compassion, and dedication of our local health professionals during the COVID crisis,” said Pamela Columbia, President of The Executive Club of Staten Island.
Columbia, along with fellow Board Members Michael Bloomfield, Regina Boukhvalova, Dominick Ciccarelli and John Tapinis presented the checks to hospital officials at each location.
“We’re grateful to The Executive Club for their support of our medical professionals and the community at large,” said John Demoleas, Executive