Friday, 4 September 2026 MUMBAI EDITION LIVE

Marcus Foundation Donates $28.7 Million to USC

USC receives $28.7 million for stem-cell research, Marcus Foundation's latest donation.

Mumbai Alert · City Desk
Mumbai Alert · City Desk
City Desk · Mumbai Alert News · Fri, 04 September 2026 at 02:50 pm
Marcus Foundation Donates $28.7 Million to USC

The Marcus Foundation, founded by Home Depot cofounder Bernie Marcus and his wife Billi, has donated $28.7 million to the University of Southern California (USC) for stem-cell research focused on heart attack recovery. This significant investment marks a key development in the foundation's efforts to advance healthcare.

The Marcus Foundation has a long history of supporting medical research and initiatives, with a particular emphasis on healthcare advancements. In the past, the foundation has contributed to stroke initiatives at Emory University, demonstrating its commitment to improving medical treatments.

Since its inception in 1989, the Marcus Foundation has donated over $2.7 billion to various philanthropic endeavors. This latest donation to USC is a testament to the foundation's ongoing dedication to supporting innovative research and improving healthcare outcomes.

The donation will be used to support stem-cell research at USC, with a specific focus on developing new treatments for heart attack recovery. This research has the potential to significantly improve outcomes for patients who have suffered heart attacks, and the Marcus Foundation's investment will play a crucial role in advancing this work.

The Marcus Foundation's decision to donate to USC is a result of its narrowed focus on supporting healthcare initiatives. The foundation has previously supported a wide range of philanthropic endeavors, but in recent years has concentrated its efforts on healthcare and medical research.

This donation is a significant investment in the future of healthcare, and demonstrates the Marcus Foundation's commitment to supporting innovative research and improving medical treatments. The foundation's ongoing support for healthcare initiatives will have a lasting impact on the lives of patients and families around the world.

The impact of this donation will be felt for years to come, as researchers at USC work to develop new treatments and therapies for heart attack recovery. The Marcus Foundation's investment in stem-cell research is a testament to its dedication to improving healthcare outcomes, and will play a crucial role in advancing our understanding of this complex and devastating condition.

In conclusion, the Marcus Foundation's donation of $28.7 million to USC is a significant investment in the future of healthcare. The foundation's ongoing support for healthcare initiatives will have a lasting impact on the lives of patients and families around the world, and demonstrates its commitment to improving medical treatments and advancing healthcare outcomes.

Frequently asked questions

What is the purpose of the Marcus Foundation's donation to USC?

The donation will be used to support stem-cell research focused on heart attack recovery.

How much has the Marcus Foundation donated to philanthropic endeavors since its inception?

The Marcus Foundation has donated over $2.7 billion to various philanthropic endeavors since its inception in 1989.

marcus foundationuscstem cell research
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