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Mount Sinai Hospital gets $15M gift from Toronto power couple

Mount Sinai Hospital has received a $15-million gift from Toronto power couple Heather Reisman and Gerry Schwartz.

Reisman is the CEO of Indigo Books & Music Inc. and Schwartz is the founder and CEO of Onex Corp, a private equity investment firm.

The money will pay for the expansion of the hospital’s emergency department — which will take up 8,500 square metres or half of the main floor — and a new research institute focused on emergency medicine.

“We are both incredibly proud to be associated with the excellent patient care delivered at Mount Sinai every day,” the couple said in a release.

“The hospital’s emergency department has particular significance for us because it is the gateway for so many people in our community to access care at our great hospital.”

The donation, announced at the hospital on Thursday afternoon, is part of a $500-million campaign to renew Mount Sinai’s Hospital facilities and expand its clinical and research programs.

The Schwartz/Reisman Emergency  Centre was named to recognized a major donation from the couple in 1999. To date, they have invested $28 million in Mount Sinai.

“Gerry Schwartz and Heather Reisman have both been exemplary leaders at Mount Sinai,” said Jay Hennick, chair of the hospital’s board of directors.

“As board members and donors, they engage in every aspect of our vision with brilliant strategic insight and a generosity that has defined their role as philanthropic leaders in this country.”