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Cedars Sinai Crosses $1 Billion in Fundraising Initiative

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Cedars Sinai Crosses $1 Billion in Fundraising InitiativeCedars Sinai Crosses $1 Billion in Fundraising Initiative
Cedars-Sinai Medical Center is based in Beverly Grove.

Beverly Grove-based Cedars-Sinai Medical Center has raised more than $1 billion in an initiative that launched six years ago.

“This is a transformative time for Cedars-Sinai as an academic medical institution,” Arthur J. Ochoa, senior vice president of advancement and chief advancement officer for Cedars-Sinai, said in a statement. “Every dollar raised through this fundraising campaign solidifies our legacy and mission of healing and uplifting our patients and the community.”

The hospital, which announced the fundraising total today, counts three major gifts among that total.

In 2022, the Shapell Guerin Family Foundation created Cedars-Sinai’s Guerin Children’s with a $100 million gift. Guerin Children’s provides care children’s health services.

Last year a $143 million planned gift from the estate of Susanne and Ervin Bard was announced, the largest gift in Cedars-Sinai’s history. The hospital renamed the former Advanced Health Sciences Pavilion as the Susanne and Ervin Bard Pavilion. It is home to the Smidt Heart Institute and the Samuel Oschin Cancer Center.

This year Jim and Eleanor Randall established the Jim and Eleanor Randall Department of Surgery with a $100 million gift.

“Cedars-Sinai is making an indelible impact in the health care space on a local and global scale, and this is greatly attributed to our dedicated staff and community leadership,” James Lippman, fundraising campaign chair and immediate past chair of Cedars-Sinai’s board of directors, said in a statement. “Part of this enduring legacy is our fundraising campaign, which has seen four record-breaking years that will benefit the collective health of our treasured Los Angeles community.”

 “It’s deeply and personally profound to appreciate what this historic, billion-dollar campaign has achieved and will continue to achieve for our exceptional institution,” Thomas M. Priselac, president and chief executive of Cedars-Sinai said in a statement.

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Priselac is retiring in October.



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