Hoag Memorial Hospital Presbyterian in Newport Beach received a $15 million gift for its neurosciences institute from longtime local philanthropists the Pickup Family Foundation, it was announced at the institute’s 10-year anniversary celebration.
The institute was renamed for the Pickup family. Richard “Dick” Pickup is an equities investor and real estate developer with a recent focus on hospitality. He and his family own Balboa Bay Resort, Balboa Bay Club and Newport Beach Country Club, and he has invested in hotels and resorts with Timothy Busch and Irvine-based Pacific Hospitality Group.
Pickup said the Hoag gift is his family’s largest to date and was inspired by the recent loss of a family member to Alzheimer’s disease.
The institute focuses on neuroscience-based medical conditions, including cognitive disorders, stroke, epilepsy and back and spine issues. Its services include MR/PET hybrid imaging, a gamma radiation device for treating brain tumors, and a 3-D, augmented reality surgical theater for diagnostics and presurgical preparation and planning.
— Sherry Hsieh
