Irwin Mark Jacobs '54, founding chairman and CEO emeritus of Qualcomm, and his wife, Joan Klein Jacobs '54, have made a $133 million gift to Cornell and the Technion - Israel Institute of Technology to create the Joan and Irwin Jacobs Technion-Cornell Innovation Institute (JTCII).

The JTCII is a centerpiece of Cornell NYC Tech, whose permanent campus will be located on Roosevelt Island in New York City. The gift will help support joint activities between Cornell and Technion, including dual master's degree programs, faculty, graduate students and industry interactions.

The gift was announced at New York City Hall on April 22, 2013 by Mayor Michael R. Bloomberg, Cornell President David Skorton and Technion President Peretz Lavie.