MorseLife Health System Announces $5 Million Signature Gift from Stephen and Petra Levin

Independent Living Residence To Be Named In Their Honor - The Levin Tower

Dec 07, 2015, 10:08 ET from MorseLife Health System

PALM BEACH, Fla., Dec. 7, 2015 /PRNewswire-USNewswire/ -- Keith A. Myers, President/CEO of MorseLife Health System, today announced a signature gift of $5 million from Miami and Palm Beach residents and philanthropists Stephen and Petra Levin.   Mr. Levin is former chairman of the Doral-based Gold Coast Beverage Distributors, and also serves as MorseLife chairman, and concurrently, chairman of its capital campaign.

The gift will establish the nonprofit's new senior residence, now under construction, as the Levin Tower.  Keith Myers noted this gift represents the fourth stage in the transformation of the MorseLife campus which began in 2010.

The Levin Tower, a 300,000 square foot luxury senior residence, will be built in two phases at a cost of $105 million.  It will offer 135 one and two-bedroom apartments in the first stage of construction, with 47 apartments to be added in its second phase, all with full service resort-style services and amenities.  The grand opening is scheduled for 2017.

"When the Levins told us that they had pledged $5 million to the Campaign, we were inspired by their generosity," said Myers.  "We were already impressed by Steve's leadership and vision he has conveyed since becoming so involved in MorseLife in 2009 and this is another example of their unwavering commitment to the organization and our community's seniors."

The Levin name is known by charitable nonprofits throughout the country.  Notably, they are major benefactors for Stephen's alma mater, University of Pennsylvania, with programs dedicated in his family names.  Stephen also serves on the board of Palm Beach Police Foundation and is former chairman of the Quantum Foundation in Palm Beach County.  Mrs. Levin served for many years as Chairman for the Caron Renaissance Gala, in support of the Caron Treatment Centers, and is on the boards of Mount Sinai Medical Center and Institute of Contemporary Art in Miami.

"Petra and I share a solid commitment to 'giving back' to causes that fit with our passions and touch our hearts," said Stephen Levin.  "In the case of MorseLife, our passion is seniors – cherished individuals who deserve to live their later lives with dignity."

"MorseLife consistently goes to great lengths to provide exceptional care to seniors," he said.  "We are honored to create a legacy on behalf of seniors through the naming of the Levin Tower."

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SOURCE MorseLife Health System