Thursday, June 16, 2011

Ah Yes, Free Enterprise......Capitalism at it's Best


Avon-based businessmen make $1 million donation to medical research
Two cousins who own Horizon Beverage make gift to Boston hospital
                Lucky for many, American private business is still being allowed to make a profit and donate to a worthy cause without the government dictating or deciding for them who and where their money should go.  Business is a help to a health society not the enemy.  Thank You!

Two co-owners of a family business that started in a garage in downtown Brockton have teamed up to donate $1 million to Brigham and Women’s Hospital in Boston.
Cousins Robert Epstein and James Rubenstein, co-owners of Avon-based Horizon Beverage, made the donation to establish the Distinguished Chair in Rheumatology at the hospital.
The chair honors the work of immunology pioneer Dr. K. Franks Austen, whose research helped develop a new class of asthma medication.
The $1 million donation was matched as part of the hospital’s Matching Gift Endowment Program. The money will go toward furthering rheumatism and arthritis research at the hospital.
The first recipient of the chair is the hospital’s Dr. Jonathan S. Coblyn.
The cousins have been making donations to the hospital since 1982.
“Dr. Austen, and now Dr. Coblyn, has been very good to our family,” said Epstein. “We felt it would be appropriate now, while everyone is still around, to create this chair ... to teach the new scientists to come up with drugs that we can’t imagine today.”
Coblyn’s research focuses on finding treatments and cures for arthritis and joint diseases.
Horizon Beverage, originally known as Brockton Wholesale Beverage, was founded after Prohibition in 1933 by Morris Sims. The company has expanded over the years to become the largest distributor of spirits, wine and beer in New England, employing more than 600 people.
Erik Potter may be reached at epotter@enterprisenews.com.

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