Posted 10/21/2013 11:26 am
Updated 1 year ago
A $1 million donation to the University of Arkansas for Medical Sciences will go to further cancer research and honor a longtime physician, the university announced on Monday.
The donation, made by an anonymous donor, was presented to the UAMS Winthrop P. Rockefeller Cancer Institute to establish the Laura F. Hutchins, M.D. Distinguished Chair for the Division of Hematology/Oncology.
Proceeds from the institute's 2012 Gala for Life fundraiser and private donations provided about $500,000 in additional funding for the chair.
"Dr. Hutchins has devoted her entire career to UAMS and the people of Arkansas," Dr. Peter Emanuel, the institute's director and a professor in the UAMS College of Medicine, said in a news release.
"This generous gift will ensure that the standard of excellence she has established in the UAMS Division of Hematology/Oncology will continue for many years to come."
An endowed distinguished chair is established with gifts of at least $1.5 million. The chairholder, to be named later, will use the interest proceeds for research, teaching or service activities, UAMS said.