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, the co-founder of Bed Bath & Beyond and a board member, gave a substantial gift to the institute. As a result, the institution was rechristened as The Feinstein Institute for Medical Research.