The Philanthropy 50 2009 Gift Profile: Ronald P. Stanton

Ronald P. Stanton: $50-million

Beneficiary: NewYork-Presbyterian Hospital

Donor’s background: Mr. Stanton founded Transammonia, a New York company that distributes fertilizers, petroleum gas, and petrochemicals.

Mr. Stanton, 81, pledged $50-million to NewYork-Presbyterian Hospital, for a cancer-care program at the hospital and at its sister institution, Weill Cornell Medical Center.

Details about a payment schedule were not available, but hospital officials said the money will be used to improve the institutions’ radiation-therapy capabilities, to buy new state-of-the-art equipment, and to create a blood-infusion center for cancer patients.

Mr. Stanton serves on the hospital’s Board of Trustees, and the new cancer program will be named for him.

—Maria Di Mento

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