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Parsons Foundation Makes Major Donation to Mount Sinai Psychedelics Center

Last week, Mount Sinai Health System announced that it had received a $5 million donation from the Bob & Renee Parsons Foundation, which changed its name to the Parsons Research Center for Psychedelic Healing. This follows the expansion of its psychedelic research center to a new location focused on supporting the center’s capacity to assist in clinical trials that involve compounds such as psilocybin, ketamine and MDMA, among others.

These drugs have attracted a lot of attention in research for their potential in helping manage symptoms of mental-health conditions such as anxiety, depression and…

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