St. Barnabas Gets $5 Million Gift From Livingston Philanthropists

Livingston, NJ - Saint Barnabas Medical Center (SBMC) has announced that Livingston residents Bruce and Lynn Schonbraun recently pledged $5 million to support the planned Cooperman Family Pavilion with an accompanying parking garage.

• See related article: St. Barnabas Medical Center Breaks Ground on $250 Million Expansion

“Three generations of the Schonbraun Family have considered SBMC in Livingston their healthcare destination,” a hospital news release stated. “Their strong ties to the hospital have inspired them to actively take part in its continued success and growth by providing both financial support and personal involvement.”

According to the hospital, Bruce Schonbraun is an “entrepreneur and dealmaker” who has spent his career as a “go-to advisor” to the area’s real estate industry. He has been an advisor on more than 25 national/international real estate transactions that aggregately total over $30 billion over the course of his career. Schonbraun also recently accepted the role of chairman of the SBMC Expansion Oversight Committee, which provides the real estate development and financial oversight over this major expansion project, and is a trustee of SBMC.

“We are extremely fortunate that Bruce and Lynn Schonbraun are our friends and advocates,” Barry Ostrowsky, President and Chief Executive Officer of Barnabas Health stated. “Bruce and Lynn have been active supporters of SBMC for many years and are well known for their community philanthropy involvement. We appreciate their expertise, insight and commitment to Saint Barnabas Medical Center.”

“We recognize how important individual philanthropy is to healthcare and, more importantly, to our community hospital,” Bruce Schonbraun said. “Individuals need to realize that leadership gifts take many forms. Our hope is that other people will be inspired to join me and my family to invest in the one service that every single person will ultimately require.”

Photo courtesy of Saint Barnabas Medical Center

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