In 1992 the nonprofit Favaloro Foundation Institute of Cardiology and Cardiovascular Surgery ("Instituto de Cardiología y Cirugía Cardiovascular de la Fundación Favaloro") opened in Buenos Aires. With the motto "advanced technology in the service of medical humanism", this institute offers highly specialized services of cardiology, cardiovascular surgery and heart, lung, cardiopulmonary, liver, kidney, and bone marrow transplants, among other areas. Favaloro focused his career there, surrounded by a selected group of professionals. One of his more famous patients was boxing promoter and Luna Park arena owner Tito Lectoure, on whom Dr. Favaloro operated in 1990. It should be mentioned, however, that despite the immense costs of bypass surgery, Dr Favaloro operated daily on indigent patients, something that he felt was both a necessity and his obligation.