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[IN] HED HEA
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TO EDUCATION, AND NATIONAL EDITORS:
The George Washington University Receives Record-Breaking Gifts
WASHINGTON, March 11, 2014 /PRNewswire-USNewswire/ -- The George
Washington University (GW) today announced three gifts totaling $80
million that will address - in collaboration with other institutions -
many of the world's public health challenges, focusing on prevention
of disease and promotion of wellness. The contributions are from the
Milken Institute, the Sumner M. Redstone Charitable Foundation and the
Milken Family Foundation. In honor of these transformative gifts, the
GW Board of Trustees has approved the renaming of the School of Public
Health and Health Services as the Milken Institute School of Public
Health and the establishment of the Sumner M. Redstone Global Center
for Prevention and Wellness.
"These extraordinary gifts collectively represent the largest donation
ever received by the George Washington University," said GW Board of
Trustees Chairman Nelson A. Carbonell, Jr. "Such a generous
contribution to the university demonstrates a commitment to the health
of people all over the world."
In the spirit of collaborative philanthropy, the gifts include:
-- $40 million from the Milken Institute to support research and
scholarships;
-- $30 million from the Sumner M. Redstone Charitable Foundation to
develop and advance strategies to expand wellness and disease
prevention;
-- $10 million from the Milken Family Foundation to support the Milken
Institute School dean's office, including a newly created public
health scholarship program.
"For decades, Mike Milken and Sumner Redstone have exemplified
philanthropy of the most visionary and powerful kind," said GW
President Steven Knapp. "These new resources will greatly enhance our
university's capacity to address global health challenges with
life-altering solutions."
"The Milken Institute and the Milken Family Foundation have long
worked to advance public health and medical progress," said Mike
Milken, chairman of the Institute and co-founder of the Foundation.
"Sumner Redstone and the Redstone Foundation have partnered with us
"in previous efforts and we are honored to have them join in these new
initiatives centered at GW."
Mr. Redstone said, "GW has long been a world-class center for public
health research, scholarship and action. I am proud to join the Milken
Institute and Milken Family Foundation in supporting this great
institution's efforts to help fight some of the biggest health issues
of our time, and give millions access to healthier and longer lives."
To read more and for photos and video, visit:
http://mediarelations.gwu.edu/gw-receives-gifts-to-advance-public-health
SOURCE George Washington University
-0- 03/11/2014
/CONTACT: Candace Smith, cesmith@gwu.edu, 202-994-3566
/Web Site: http://www.gwu.edu
CO: George Washington University
ST: District of Columbia
IN: HED HEA
SU: NPT
PRN
-- DC80628 --
0000 03/11/2014 08:05:00 EDT http://www.prnewswire.com
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