Manhattan Hospital receives $50M donation

NEW YORK The gift to NewYork-Presbyterian Hospital and Weill Cornell Medical College was announced Thursday. It will establish the Ronald O. Perelman Heart Care Institute and will support research and clinical care at the newly named Ronald O. Perelman and Claudia Cohen Center for Reproductive Medicine.

Perelman is chief executive officer of MacAndrews & Forbes Holdings, the majority shareholder of Revlon cosmetics. He is on the hospital's board of trustees and the college's Board of Overseers.

Cohen was Perelman's ex-wife. She was a newspaper gossip columnist and television entertainment correspondent. She died of ovarian cancer last summer at age 56.