Maybe he couldnt quite afford to buy KirchMedia and its ProSiebenSat1 channel, but media mogul Haim Saban and his philanthropist wife, Cheryl, are donating $100 million in charitable gifts to health care and education in the U.S. and Israel, according to a report in the LOS ANGELES TIMES. The man who got rich on kids programming like the MIGHTY MORPHIN POWER RANGERS and the Fox Kids and Fox Family Channels has dedicated $40 million to Children's Hospital Los Angeles to support ongoing research into cancer and gene therapy as well as further research into neuroscience.
His permanent thank you card will be an 88,500-sqaure-foot facility research facility to be named the Saban Research Institute of Children's Hospital Los Angeles. It is the single largest donation to a childrens hospital to support pediatric research in North America according to Walter W. Noce Jr., president of Childrens Hospital. Cheryl Saban has served on the hospital's board for seven years.