No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, December 3, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Sylvan Adams gives $100m for rebuilding Soroka Hospital

by TheAdviserMagazine
1 month ago
in Business
Reading Time: 3 mins read
A A
Sylvan Adams gives 0m for rebuilding Soroka Hospital
Share on FacebookShare on TwitterShare on LInkedIn



“I need them to see a mechanical digger working,” Prof. Shlomi Codish, director of Soroka Hospital in Beersheva, said after an Iranian missile hit the hospital in June, emphasizing the importance of rebuilding for the morale of the hospital’s employees. Today, he received official confirmation of a budget for the project: NIS 360 million from the state and a $100 million donation from philanthropist Sylvan Adams, some NIS 720 million altogether. The donation from Adams is the largest that the hospital has ever received.

Codish insisted in a previous conversation on the matter that the rehabilitation of the hospital had to include not just reconstruction of the buildings destroyed by the missile, but also fulfilment, very late, of longstanding promises by the state to expand and reinforce Soroka’s main buildings. His insistence paid off, and the budget has now arrived.

In his previous conversation with “Globes”, Prof. Codish estimated that rebuilding the buildings that were destroyed in such a way that they would be proof against another such attack and would contain more protected floors as promised in the past would take NIS 960 million.

Even before the current budget was received, donors from around the world came together to help in rehabilitating and rebuilding Soroka. The Koum Family Foundation led the effort, and, along with a $50 million donation, called on foundations and donors to rally to the cause of strengthening Soroka. The Helmsley Charitable Trust, a longstanding partner of Soroka in a range of projects and emergency situations down the years, gave $15 million. Codish can thus now complete his plan.

“We welcome today’s decision by the government to allocate the required budget for the rehabilitation and reinforcement of Soroka. The new Soroka, with its devoted and outstanding staff, will combine advanced infrastructure and groundbreaking research and innovation to provide the highest standard of medical care, and will thereby turn the tragedy into growth and ensure the resurgence of the Negev, physically and morally,” Codish said today.

“I thank Prime Minister Benjamin Netanyahu and our many colleagues in the Ministry of Health and the Ministry of Finance. On behalf of the employees of Soroka and the residents of the Negev I thank Mr. Adams for his generous donation, which will change the face of the medical center for many years ahead and position us on a par with the world’s leading medical centers. Alongside the government’s decision, the management of the Clalit Health Fund, the mayor of Beersheva, and a community of donors in Israel and around the world, are partners in the process.”

Sylvan Adams, one of the most prominent Jewish philanthropists, is president of the Israel region of the World Jewish Congress, and was named by “Times” magazine as one of the 100 most influential philanthropists in the world.

“It’s a great honor for me to announce a donation of $100 million to Soroka Hospital, to build and redesign the hospital as an advanced medical center of the first order, a national asset for the Negev and the State of Israel as a whole. Soroka will represent a beacon of medicine, progress, and peace,” Adams said today.

Published by Globes, Israel business news – en.globes.co.il – on November 3, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.




Source link

Tags: 100MAdamsHospitalrebuildingSorokaSylvan
ShareTweetShare
Previous Post

The Pros and Cons of T-Mobile’s 5G Home Internet

Next Post

London’s EO Charging completes €28.5M funding round after restructuring and US market exit

Related Posts

edit post
Dave’s Hot Chicken is placing big bets on AI to give the chain an edge in the chicken wars

Dave’s Hot Chicken is placing big bets on AI to give the chain an edge in the chicken wars

by TheAdviserMagazine
December 3, 2025
0

Leon Davoyan, the chief technology officer for Dave’s Hot Chicken, has ramped up the application of artificial intelligence across the...

edit post
Israel-US trade talks close to agreement

Israel-US trade talks close to agreement

by TheAdviserMagazine
December 3, 2025
0

Negotiations between Israel and the US on a new trade agreement, which would reduce tariffs on Israeli exports, are...

edit post
Court orders ICL to pay NIS 250m for Dead Sea water

Court orders ICL to pay NIS 250m for Dead Sea water

by TheAdviserMagazine
December 3, 2025
0

Israel’s High Court of Justice has ordered ICL (TASE: ICL: NYSE: ICL) Dead Sea Works unit to pay an...

edit post
NXP Semiconductors (NXPI) Surges 8% Ahead of Ex-Dividend Date

NXP Semiconductors (NXPI) Surges 8% Ahead of Ex-Dividend Date

by TheAdviserMagazine
December 3, 2025
0

We recently published 10 Stocks Stealing the Spotlight Early as Christmas Looms. NXP Semiconductors NV (NASDAQ:NXPI) is one of the...

edit post
Boeing’s new CFO sees ‘performance culture’ driving a return to positive cash flow next year

Boeing’s new CFO sees ‘performance culture’ driving a return to positive cash flow next year

by TheAdviserMagazine
December 3, 2025
0

Good morning. As a new hire, you never truly know a company’s culture until you experience it firsthand. For Boeing...

edit post
A president increasingly out of touch: Trump has lost his political superpower, polls show

A president increasingly out of touch: Trump has lost his political superpower, polls show

by TheAdviserMagazine
December 3, 2025
0

How low can President Donald Trump go? One answer is his Thanksgiving Day social media screed, trashing America as “divided,...

Next Post
edit post
London’s EO Charging completes €28.5M funding round after restructuring and US market exit

London’s EO Charging completes €28.5M funding round after restructuring and US market exit

edit post
Why AI shouldn’t entirely decide promotions and raises—and where the human touch matters

Why AI shouldn’t entirely decide promotions and raises—and where the human touch matters

  • Trending
  • Comments
  • Latest
edit post
7 States That Are Quietly Taxing the Middle Class Into Extinction

7 States That Are Quietly Taxing the Middle Class Into Extinction

November 8, 2025
edit post
How to Make a Valid Will in North Carolina

How to Make a Valid Will in North Carolina

November 20, 2025
edit post
8 Places To Get A Free Turkey for Thanksgiving

8 Places To Get A Free Turkey for Thanksgiving

November 21, 2025
edit post
Could He Face Even More Charges Under California Law?

Could He Face Even More Charges Under California Law?

November 27, 2025
edit post
Data centers in Nvidia’s hometown stand empty awaiting power

Data centers in Nvidia’s hometown stand empty awaiting power

November 10, 2025
edit post
8 States Offering Special Cash Rebates for Residents Over 65

8 States Offering Special Cash Rebates for Residents Over 65

November 9, 2025
edit post
Israel-US trade talks close to agreement

Israel-US trade talks close to agreement

0
edit post
India To Begin Tracking All Cell Phones

India To Begin Tracking All Cell Phones

0
edit post
US Fed Has Ended Quantitative Tightening, But Why Is The Bitcoin Price Still Below 0,000?

US Fed Has Ended Quantitative Tightening, But Why Is The Bitcoin Price Still Below $100,000?

0
edit post
12 Estate Planning Mistakes Families Discover Too Late in January

12 Estate Planning Mistakes Families Discover Too Late in January

0
edit post
Upwork: KI-Strategie und S&P SmallCap 600-Aufnahme als Turbo!

Upwork: KI-Strategie und S&P SmallCap 600-Aufnahme als Turbo!

0
edit post
Bitcoin: A Clean Breakout Above K Could Open the Path Toward K

Bitcoin: A Clean Breakout Above $93K Could Open the Path Toward $99K

0
edit post
12 Estate Planning Mistakes Families Discover Too Late in January

12 Estate Planning Mistakes Families Discover Too Late in January

December 3, 2025
edit post
US Fed Has Ended Quantitative Tightening, But Why Is The Bitcoin Price Still Below 0,000?

US Fed Has Ended Quantitative Tightening, But Why Is The Bitcoin Price Still Below $100,000?

December 3, 2025
edit post
Dave’s Hot Chicken is placing big bets on AI to give the chain an edge in the chicken wars

Dave’s Hot Chicken is placing big bets on AI to give the chain an edge in the chicken wars

December 3, 2025
edit post
Upwork: KI-Strategie und S&P SmallCap 600-Aufnahme als Turbo!

Upwork: KI-Strategie und S&P SmallCap 600-Aufnahme als Turbo!

December 3, 2025
edit post
Fifty Thousand Jobs Lost to AI Is Only the Beginning

Fifty Thousand Jobs Lost to AI Is Only the Beginning

December 3, 2025
edit post
Bessent says Trump admin will be able to replicate tariffs even if it loses Supreme Court decision

Bessent says Trump admin will be able to replicate tariffs even if it loses Supreme Court decision

December 3, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • 12 Estate Planning Mistakes Families Discover Too Late in January
  • US Fed Has Ended Quantitative Tightening, But Why Is The Bitcoin Price Still Below $100,000?
  • Dave’s Hot Chicken is placing big bets on AI to give the chain an edge in the chicken wars
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.