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From the ground up: $15M gift is largest to Children’s
tephen Karp knows every skyscraper starts with a firm foundation, and with a $15 million gift to Children’s Hospital Boston, the Karp family is making sure that the hospital’s research enterprise stays on its own firm ground. In recognition of this extraordinary commitment, the new 12-story research tower has been named the Karp Family Research Laboratories.
As chairman and CEO of New England Development, Karp builds office parks, condominiums and shopping malls. As founding chair of the Children’s Hospital Trust Board, chairman of the hospital’s Cause for Wonder campaign and newly appointed chair of the Children’s Hospital Board of Trustees, he is an immensely generous and passionate advocate, focusing particularly on the new research tower and clinical expansion now altering the footprint and skyline of our campus.
“You can’t have a program without a facility,” says Karp. “Buildings are critical to fostering scientific innovation and compassionate care. What comes out of the new research building will extend the lives of children who today don’t get a second chance.”
Karp has expressed his conviction with characteristic generosity through contributions to the Cause for Wonder Campaign, made with his wife Jill, former president of the Children’s Hospital League and currently an Overseer, and their children, Douglass and Jana. Their $15 million gift is the largest individual donation ever given to Children’s and one of the largest ever received by a Boston hospital.
