NYU Langone Health announced today that more than $2 million was raised at the Bank of America Annual Art Auction on December 13 in Manhattan. The auction, which included works from the company’s own collection, was conducted by Sotheby’s and featured prominent artwork from Andy Warhol, Norman Rockwell and David Hockney, among others. All proceeds from the auction will be used to expand NYU Langone’s services to help support veterans and their families.
“At NYU Langone, we have a long history of working with veterans and military families, which reflects our commitment to understanding their experiences and improving their quality of life and that of their families,” said Robert I. Grossman, MD, Saul J. Farber Dean and CEO of NYU Langone. “We are grateful to Bank of America for its generosity in supporting us in these efforts as we continue to expand our clinical care, community education and training programs, and new research to support those who have served our country.”
Proceeds from the auction, donated by Bank of America, will help extend important programs and mental health services available at NYU Langone to a larger number of veterans and their families, as well as programs to engage and educate the community on issues military families face. In addition, the funds will support research focused on post-traumatic stress disorder and traumatic brain injury, conditions common among veterans returning from war zones.
While introducing Andy Warhol’s painting “Superman,” Kenneth G. Langone, chair of the board of trustees at NYU Langone, said, “One of the things that NYU Langone is most proud of is the program that we’ve created for veterans. The injuries that come back from this war are some of the most difficult to deal with, so it’s very important we continue to provide these services to these men and women, and their families.”
“We’re constantly seeking new ways to connect with institutions doing important work,” said trustee Thomas K. Montag, chief operating officer at Bank of America. “So we’re incredibly proud to support veterans across the country through this donation to NYU Langone.”
Since 2012, more than 1,100 active military, veterans, and their families have been treated at NYU Langone at no cost and regardless of discharge.
NYU Langone Health is a world-class, patient-centered, integrated academic medical center, known for its excellence in clinical care, research, and education. Included in the 200+ locations throughout the New York area are five inpatient locations: Tisch Hospital; Rusk Rehabilitation, ranked as one of the top 10 rehabilitation programs in the country; NYU Langone Orthopedic Hospital, a dedicated inpatient orthopedic hospital with all musculoskeletal specialties ranked top 10 in the country; Hassenfeld Children's Hospital at NYU Langone, a comprehensive pediatric hospital supporting a full array of children's health services; and NYU Langone Hospital—Brooklyn, a full-service teaching hospital and level 1 trauma center located in Sunset Park, Brooklyn. Also part of NYU Langone Health are the Laura and Isaac Perlmutter Cancer Center, a National Cancer Institute–designated cancer center, and NYU School of Medicine, which since 1841 has trained thousands of physicians and scientists who have helped to shape the course of medical history.
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 47 million consumer and small business relationships with approximately 4,500 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with approximately 34 million active users, including 24 million mobile users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in all 50 states, the District of Columbia, the U.S. Virgin Islands, Puerto Rico and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
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Reporters may contact:
Diane Wagner, Bank of America
Allison Clair, NYU Langone