June 1, 2017

Cleveland Clinic receives $10 million grant from Timken Foundation to support Cole Eye Institute

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Cleveland Clinic’s Cole Eye Institute has received a $10 million grant from the Timken Foundation of Canton to support the future expansion of the existing Cole Eye Institute.

Cleveland Clinic’s Cole Eye Institute

To accommodate expanding eye care, research and education needs, Cleveland Clinic is planning to construct an expansion which will nearly double the size of the Cole Eye Institute. This new gift will establish The Louise Timken Ophthalmic Education Center which will encompass all the educational activities within the Cole Eye Institute.

“We applaud the Cleveland Clinic Cole Eye Institute’s commitment to advancing care and cures for the aging and genetic diseases of the eye,” said Ambassador W.R. Timken, Jr., of the Timken Foundation. “Our foundation is committed to supporting high impact projects and quality eye care services are a necessity for America’s aging population. We are proud to provide this gift to start the architectural and design plans for the expansion of the Cole Eye Institute to serve its growing patient base.”

The Timken Foundation had previously granted $1 million to the Cole Eye Institute in 2013. The Louise Timken Microsurgical Education Lab was constructed and named in honor of the gift. The foundation chose to name the center in honor of Louise Timken – a pioneer in aviation credited with being the first non-military female pilot to own and fly a jet aircraft. Macular Degeneration forced her to end her flying career in 1992.

The rate of serious eye conditions requiring specialized care is steadily increasing in the U.S., due largely to a growing elderly population.

“We are so very grateful to the Timken Foundation for its ongoing generosity to Cleveland Clinic,” said Daniel F. Martin, M.D., chairman of the Cole Eye Institute and the Barbara and A. Malachi Mixon III Institute Chair of Ophthalmology. “This most recent gift will move forward the architectural plans for the expansion of the Cole Eye Institute. Through this future expansion we will expand our clinical and surgical capabilities, while enhancing eye research and our educational programs, building upon the phenomenal success of the Louise Timken Microsurgical Educational Laboratory.”

Cleveland Clinic’s Cole Eye Institute is a comprehensive eye institute with over 100 professional staff physicians and researchers who diagnose, treat and investigate the entire spectrum of conditions of the eye. Each year, caregivers carry out more than 275,000 patient visits and perform more than 13,000 surgeries – volumes that are among the highest in the nation.

The Cole Eye Institute, which opened in November 1999, integrates clinical care, research and education in one 130,000-square-foot building, and is rated among the top 10 ophthalmology centers in the country by U.S. News & World Report.

Cleveland Clinic’s Cole Eye Institute

For more information about Cole Eye Institute, visit: www.clevelandclinic.org/eye.

The Timken Foundation gift will support Cleveland Clinic’s seven-year centennial campaign – the Power of Every One – the most ambitious philanthropic effort in its history, with a goal of $2 billion. Collectively, these funds will help Cleveland Clinic continue to lead the transformation of healthcare. The campaign has raised $1.1 billion to date.

About Cleveland Clinic

Cleveland Clinic is a nonprofit multispecialty academic medical center that integrates clinical and hospital care with research and education. Located in Cleveland, Ohio, it was founded in 1921 by four renowned physicians with a vision of providing outstanding patient care based upon the principles of cooperation, compassion and innovation. Cleveland Clinic has pioneered many medical breakthroughs, including coronary artery bypass surgery and the first face transplant in the United States. U.S. News & World Report consistently names Cleveland Clinic as one of the nation’s best hospitals in its annual “America’s Best Hospitals” survey. Among Cleveland Clinic’s 51,000 employees are more than 3,500 full-time salaried physicians and researchers and 14,000 nurses, representing 140 medical specialties and subspecialties. Cleveland Clinic’s health system includes a 165-acre main campus near downtown Cleveland, 10 regional hospitals, more than 150 northern Ohio outpatient locations – including 18 full-service family health centers and three health and wellness centers – and locations in Weston, Fla.; Las Vegas, Nev.; Toronto, Canada; Abu Dhabi, UAE; and London, England. In 2016, there were 7.1 million outpatient visits, 161,674 hospital admissions and 207,610 surgical cases throughout Cleveland Clinic’s health system. Patients came for treatment from every state and 185 countries. Visit us at clevelandclinic.org. Follow us at twitter.com/ClevelandClinic. News and resources available at newsroom.clevelandclinic.org.

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