The Roy J. Carver Charitable Trust Gives $45 Million To The University Of Iowa To Support Iowa Neuroscience Institute

IOWA CITY, Iowa, Nov. 29, 2016 /PRNewswire-USNewswire/ -- The Roy J. Carver Charitable Trust has committed a transformational $45 million grant to the University of Iowa that will allow for the creation of a comprehensive and cross-disciplinary neuroscience center within the University of Iowa Roy J. and Lucille A. Carver College of Medicine. The new Iowa Neuroscience Institute will conduct research to find the causes of, and preventions, treatments, and cures for, the many diseases that affect the brain and nervous system.

"The Carver Charitable Trust's unsurpassed and unwavering support for the University of Iowa over nearly 30 years has made an indelible impact on the UI Carver College of Medicine," said UI President Bruce Harreld. "The Carver name is forever linked with significant scientific discoveries and advanced treatments to cure diseases and transform lives. This new grant furthers that legacy, benefitting Iowans and the world."

The Carver Charitable Trust and Roy and Lucille Carver are the largest donors to the UI, with their collective giving totaling more than $195 million. This gift from the Carver Charitable Trust also is the largest in the UI's For Iowa. Forever More. fundraising campaign, which started in 2008 and continues through December 2016, and currently totals $1.85 billion.

"This funding will provide program and endowment support that is intended to bring greater attention to the exceptional neuroscience programs already existing on campus, as well as assist in facilitating a coalescence of these programs around the newly named institute director," said Troy Ross, executive administrator of the Carver Charitable Trust. "In addition, we anticipate that this investment will serve as a magnet, of sorts, to attract additional, accomplished investigators to the university to form an influential core group of scientists with the potential to substantially advance this emerging field of research over the next decade and beyond."

The $45 million grant will elevate the university's brain research center, already one of the foremost in the world, by creating a new interdisciplinary institute and bringing together top scholars from across the UI. Researchers—including biologists, computer scientists, neuro-psychologists, engineers, fundamental chemists, biochemists, geneticists and more—will tackle some of the toughest problems in the neurosciences.

Full release

Media Contact: Dana Larson, 319-467-3661, [email protected]

SOURCE University of Iowa Foundation

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