ASU gets $50 million gift for research into dementia
TEMPE, Ariz. (AP) — Arizona State University will receive a $50 million donation to fund advancement in research of dementia, school officials announced Monday.
"This is a tremendous $50 million investment in a really important area where we can be of greater service to the public," ASU President Michael Crow told The Arizona Republic. "This is going to allow us to jump to a world-class player."
The endowment, one of the largest it has ever received, was made by Charlene and J. Orin Edson. The couple already runs a foundation that supports the Mayo Clinic and the ASU Foundation and a cancer research center in Seattle, according to nonprofit filings.
The money will be divided evenly between the Biodesign Institute and the College of Nursing and Health Innovation, which will be renamed after the Edsons. At the nursing college, the funds are expected to go toward bolstering programs and faculty. They include fellowships to train clinician-researchers and the creation of a chair who will work toward making ASU the lead in nursing education and health care simulations.
Read more: https://tucson.com/news/state-and-regional/asu-gets-million-gift-for-research-into-dementia/article_438d2988-be50-5a71-8c77-aef66c18b035.html
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