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You are here: Home / Education / U-of-I College of Medicine receives record gift from Carver Trust

U-of-I College of Medicine receives record gift from Carver Trust

March 6, 2002 By admin

The University of Iowa’s College of Medicine today received a 63-million dollar gift from the Roy J. Carver Trust of Muscatine. The gift is the largest in the history of the Carver Trust, which is the charitable organization created after the Muscatine businessman’s death in 1981. Trust Executive Administrator Troy Ross says the gift will be used to support the study of human disease. The 63-million dollars will be given to the U-of-I over a period of 15 years. Ross says the donation keeps with Carver’s interest in research.Ross says the Carver Trust hopes the gift will help keep top researchers in Iowa City.They also hope the money will allow the U-of-I to recruit other top researchers from across the Midwest. The Carver Trust has made millions of dollars in donations to Iowa and other colleges and universities in the state. U-of-I President Mary Sue Coleman says this gift ups the Carver Trust overall support of the College of Medicine to 90-million dollars. She says the size of the gift is a sign of continuing, though not culminating, support for the university. Coleman says the University will seek to visibly recognize the contribution by asking the Board of Regents to rename the College of Medicine in honor of the Carvers.

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Filed Under: Education, Health / Medicine Tagged With: University of Iowa

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