The Broad Institute of MIT and Harvard has received what appears to be over $1 billion in philanthropic funding specifically dedicated to research on bipolar disorder and schizophrenia. According to STAT News, this represents a massive injection of cash that will support the institute's work in understanding and treating these mental health conditions.

The donation marks one of the largest single gifts to mental health research in recent history. The Broad Institute, a joint venture between MIT and Harvard, has been a leading center for genomics and biomedical research since its founding, with particular expertise in psychiatric genetics and drug discovery.