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- Hillcrest Hospital Breaks Ground on Major Campus Expansion Plan, Unveils Significant Gift
- Campaign for Cleveland Clinic Reaches $1 Billion
- The Race
- KeyCorp and Cleveland Clinic Celebrate Diversity, Minority Scholarship
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Rich Gift Endows First Chief Executive Chair
Toby Cosgrove, M.D., CEO and President, will be the first Cleveland Clinic CEO to hold the Rich Family Chief Executive Chair, which is the first endowment of its kind in Cleveland Clinic’s history.
The chair was established with a $5 million gift from the Rich family and was announced by Robert E. Rich, Jr., who is Chairman of Rich Products Corp., headquartered in Buffalo, N.Y., Chairman of Today’s Innovations, Tomorrow’s Healthcare: Campaign for Cleveland Clinic, and a Cleveland Clinic Trustee.
The endowed chair will provide Cleveland Clinic’s active CEO with flexible resources to address the institution’s highest priorities. With this gift, Mr. Rich challenges his fellow Cleveland Clinic trustees to raise a total of $20 million in pooled endowment funds to support the CEO’s top initiatives.
In addition to his role as Chairman of Rich Products, Mr. Rich serves as Chairman of Rich Products of Canada, Ltd., President and CEO of Bison Baseball Inc., Wichita Baseball, Inc., and Jamestown Baseball, Inc.