Frost Museum of Science announces two major corporate financial gifts

The Phillip and Patricia Frost Museum of Science, located in Downtown Miami’s Museum Park, announced recently that it has received two major gifts from Royal Caribbean Cruises LTD and NASDAQ, further igniting fundraising momentum since the museum’s opening.

These generous gifts follow other recent donations from OPKO Health Inc. and Ladenburg Thalmann Financial Services Inc.

“Contributions from major corporations and local industries allow Frost Science to continue creating compelling informal science experiences that inspire learning and innovation,” said Frank Steslow, president and CEO of the Phillip and Patricia Frost Museum of Science. “This generous funding will enhance the museum’s ability to develop and execute world-class exhibitions, programs and curriculums on a global scale.”

The $1.2 million gift from Royal Caribbean Cruises Ltd. will support ongoing programs at Frost Science. As part of the generous donation, the top floor of the museum’s three-level aquarium now will be known as the Royal Caribbean Vista. One of the most popular exhibit spaces on the campus, the massive outdoor deck offers sweeping views of Downtown Miami and Port Miami, putting guests at the surface of key South Florida ecosystems, including the Gulf Stream, coral reefs, mangrove forests, sandy shores, the Everglades and Florida Bay.

In addition, Royal Caribbean and Frost Science will be working together on several initiatives that will extend beyond the museum’s walls, including community access support and habitat restoration.

“Miami has been home to Royal Caribbean Cruises LTD for nearly 50 years. It has been wonderful to see and be a part of what Frost Science has built to better serve our community,” said Richard Fain, chair and CEO, Royal Caribbean Cruises Ltd. “We are delighted to help the museum deepen Miami’s connection with the environment and our unique ecosystem.”

NASDAQ’s $500,000 donation will support daily operations and programs that further the museum’s work, including a number of the onsite interdisciplinary learning experiences offered to guests.

NASDAQ previously supported the museum shortly after opening, hosting a remote opening bell ceremony beneath the iconic, 31-foot-wide oculus lens and viewing portal into the Gulf Stream Aquarium exhibit.

OPKO Health Inc., one of Florida’s leading life science companies that discovers, develops and commercializes pharmaceutical and diagnostic products for the healthcare industry, made a $1 million gift to Frost Science shortly before opening.

Ladenburg Thalmann Financial Services Inc., a diversified financial services company and a leading innovator of the network model in the independent broker-dealer and advisory space, made a $500,000 contribution to the museum.

Frost Science already has attracted more than 750,000 guests since its opening in May 2017, making it one of the most visited institutions in South Florida this year. The recent corporate support will help support the museum’s exhibitions and programs, advancing its mission of inspiring

Located in Downtown Miami’s Museum Park, the Phillip and Patricia Frost Museum of Science is a leading science museum dedicated to sharing the power of science, sparking wonder and investigation, and fueling innovation for the future. Sitting on four acres, the 250,000-square-foot museum is divided into four buildings: the Frost Planetarium, Aquarium, and the North and West Wings. At Frost Science, visitors can explore the world of science, technology, engineering and math (STEM) in an experiential setting with interactive exhibitions and unique shows.


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