Cross River Bank, headquartered in Fort Lee, has donated $5 million to dedicate the new Touro University campus being built at 3 Times Square, Touro President Dr. Alan Kadish has announced.
Touro University, a system of non-profit institutions of higher and professional education chartered in 1970, is naming the campus, where it will lease space for the next 30 years, the Cross River Campus of Touro University to honor the generosity of the bank. Cross River CEO and Founder Gilles Gade is a member of the Touro board of directors.
“Touro is incredibly grateful to Mr. Gade and Cross River Bank for this gift that will enable our students to learn in a modern, state-of-the-art environment with a rich campus life,” said President Kadish, “Cross River is a pioneer in the banking industry as Touro continues to be an innovator in higher education. We thank Mr. Gade and the Cross River Board for their commitment to philanthropy, for taking the lead with this visionary gift and most of all, for their friendship. Their support will ensure that Touro’s groundbreaking programs and educational offerings in so many exciting fields continue well into the future.”
Renovations on the campus are expected to be completed in December 2022 and the campus will be home to Touro’s NYSCAS undergraduate program as well as a number of its graduate schools and the Touro College of Pharmacy. Boasting state-of-the-art labs, student lounges and a kosher café, the ultramodern, urban campus is located at the crossroads of the world, near all major mass transit for NYC and the metro area.
As a leader in interdisciplinary education, Touro will now offer its students opportunities to take advantage of pathway programs from undergraduate to graduate and professional schools. “Our new campus will become a vehicle for student growth and success. With world class faculty in so many fields situated in one central location, there will be more opportunity to exchange ideas, collaborate and learn together,” continued Dr. Kadish.
According to Gade, “Higher education is critical to career success and we are proud to support Touro’s mission of providing superior quality education in tandem with the Jewish ideals of service to the community. At Cross River, our motto is ‘doing well by doing good,’ and we share those values with Touro.”
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