Record $30 Million Donation to FIU Medical School to Enhance Healthcare Education
Palace founders donate a record $30M to FIU medical school. How will it be used?
Miami Herald
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Philanthropists Helen and Jacob Shaham have donated a record $30 million to Florida International University’s medical school, marking the largest gift in its history. This funding aims to expand medical education, research, and patient care, with plans for a new academic outpatient medical center set to open in 2028.
- 01Helen and Jacob Shaham donated $30 million to Florida International University’s medical school.
- 02This is the largest donation in the college's 20-year history.
- 03The funds will support the construction of the Helen and Jacob Shaham Academic Medical Center, opening in 2028.
- 04The center will enhance medical education and patient care in South Florida.
- 05This donation follows a previous $15 million contribution to Nicklaus Children’s Hospital.
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Helen and Jacob Shaham, founders of The Palace Group, have made a historic donation of $30 million to Florida International University’s (FIU) Herbert Wertheim College of Medicine. This is the largest gift in the college's two-decade history, aimed at enhancing medical education, research, and patient care. FIU President Jeanette M. Núñez hailed the donation as a landmark moment, emphasizing its potential to elevate the college and contribute to a world-class academic health center. The donation will fund the future Helen and Jacob Shaham Academic Medical Center, a seven-story facility set to open in 2028 on FIU’s main campus in West Miami-Dade. The center will be managed by Baptist Health, South Florida’s largest not-for-profit healthcare system, and will provide a range of outpatient services. The Shahams, who immigrated to Miami from Israel, expressed their commitment to expanding access to medical education and preparing future physicians. Their philanthropic efforts also include a previous $15 million donation to Nicklaus Children’s Hospital for pediatric cancer care.
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This donation will significantly enhance medical education and healthcare services in South Florida, addressing the growing need for healthcare professionals as the population ages.
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