The University of Texas Southwestern Medical Center at Dallas
Did you know....
fifty million dollars in gifts donated to UT Southwestern Medical Center at Dallas are enabling the institution to recruit five of the world's most promising new medical investigators to Dallas every year?
Concentrating on the kind of cutting-edge research for which UT Southwestern is internationally acclaimed, five outstanding young medical investigators will be selected each year by the medical center and provided $600,000 over four years to be used solely for research support and expenses. UT Southwestern believes that a generous start-up package allows investigators to launch their careers, creates new scientific leaders and strengthens the future of scientific discovery. The distributions for this promising program, UT Southwestern's Endowed Program for Scholars, will be in addition to the medical center's funding for salary and laboratory space.
The $600,000 distribution per investigator is funded from the $50 million in gifts used to create three endowment funds. In 1998 a small but remarkable group of individuals and foundations responded to an extraordinary challenge: to match an anonymous donor's gift of $25 million, thereby creating a special $50 million endowment program to support research projects of gifted medical scientists specifically recruited to UT Southwestern under the program's sponsorship. The anonymous donor's challenge gift endowment of $25 million was invested in the separately invested funds. The matching funds contributed are held in an endowment invested in the LTF and an endowment held by Southwestern Medical Foundation.
Dr. Kevin Gardner, Ph.D. Endowed Scholar in Biomedical Research
| The program's objective is to assure a successful beginning of the research careers of an ever-growing cadre of outstanding young investigators at UT Southwestern. After four years, scholars compete with senior investigators for other sources of funding. As of August 31, 2001, the anonymous donor's challenge gift endowment, invested in the separately invested funds, had a market value of $26.2 million. Three million dollars in distributions from the original corpus of $50 million, including the funds held by |
the LTF and Southwestern Medical Foundation, are used to fund the program each year. how genes control and alter muscles important to health. His work paid off last year when his team announced it had learned why weightlifters develop more of a muscle fiber called fast twitch and long-distance runners exhibit more of one called slow twitch. Equipped with this knowledge, Dr. Williams is confident that researchers can create a drug to mimic some effects of endurance exercise. |