In 2005, board member Leonard Feinstein, the co-founder of Bed Bath & Beyond, made a multimillion-dollar gift to the institute, which led to the institute being renamed The Feinstein Institute for Medical Research.
In 2005, Leonard Feinstein, who co-founded Bed Bath & Beyond, contributed a significant amount of money to the institute. Consequently, the institute adopted the name The Feinstein Institute for Medical Research.