DANIEL AND DEBRA CANE DONATE $1 MILLION TO ADHUS & FAU HIGH
by LISA METCALF | Tuesday, Apr 17, 2018
A.D. Henderson University School and Florida Atlantic University High School announced a $1 million gift today from Daniel Cane, CEO and co-founder of Modernizing Medicine, and his wife, Debra Cane. The gift will establish The Cane Institute for Advanced Technologies at Henderson/FAU High, which will serve as the school’s epicenter for research, education and technology transfer.
“We are so very grateful for the Cane’s generous gift to A.D. Henderson University School and FAU High School,” said Joel Herbst, Ed.D., assistant dean, PK-12 Schools and Educational Programs at FAU. “For an entrepreneur like Mr. Cane to recognize our unique educational platform and delivery model as a worthy program to invest in and understand the school’s potential to transform public education, serves as significant third-party validation.”
The Cane’s gift marks the first for the A.D. Henderson and FAU High School’s capital campaign, “Let’s Build This Together.” This campaign aims to coalesce private and public support to construct a new, state-of-the-art facility for the Henderson/FAU High complex to further enhance a world-class educational model. In particular, this gift will support science, technology, engineering and math (STEM) education at the Title 1 school.
The Institute’s integrated approach will allow students and faculty at the high school to explore today’s most complex challenges in arenas such as cybersecurity, autonomous vehicles, robotics, virtual reality, augmented reality, automation and artificial intelligence.
“The quality of education that the faculty and staff at Henderson and FAU High provide will prepare our children and other students for a lifetime of success,” said Daniel Cane. “This gift will build on the already stellar program and hopefully encourage other parents and supporters of STEM and public education to contribute and help raise the profile of South Florida’s world-class schools.”
In 2010, Cane co-founded Modernizing Medicine, a healthcare IT company that is revolutionizing the way in which healthcare information is created, consumed and utilized to increase practice efficiency and improve patient outcomes. Cane has led his team to raise more than $332 million in total investment, through two acquisitions and to employ more than 650 professionals. Modernizing Medicine is frequently recognized both nationally and regionally for its achievements under his leadership, including being named one of Fastest Growing Companies in North America on the Deloitte Technology Fast 500™ list in 2016 and 2017.
Cane earned a Bachelor of Science degree in applied economics from Cornell University, where, as an undergraduate, he co-founded Blackboard Inc., raised more than $100 million in venture capital and, in 2004, helped take the company public on the NASDAQ (BBBB). In 2011, Blackboard sold for $1.6 billion.
Named to the “South Florida Ultimate CEO” list by the South Florida Business Journal in 2016, Cane also was named EY Entrepreneur of the Year® in 2015. In 2014, the Sun Sentinel named Cane as the Excalibur Awards’ Palm Beach Small Business Leader of the Year for 2013.
Active in the local community, Cane is a former member and vice chair of FAU’s Board of Trustees. He currently serves as the vice chair of the board at the South Florida Science Center and is on the Board of Directors of the United Way of Palm Beach County. He also is an active mentor to entrepreneurs and a member of the Business Development Board of Palm Beach County, the Greater Boca Raton Chamber of Commerce and several local advisory boards.