$25 million gift will help KU Medical Center build health education building
05/20/2014 4:05 PM
05/20/2014 7:47 PM
A family foundation has given $25 million to help the University of Kansas Medical Center build a $75 million health education building in Kansas City, Kan., the university said in a statement Tuesday.
The building will be financed through a combination of state bonds, university money and private donations, the university said. The Kansas Legislature approved $25 million in bonds for construction, the statement said. KU will provide $15 million, and the remaining $10 million will be raised by the KU Endowment, the statement said.
The $25 million came from the Hall Family Foundation, longtime donors to KU.
Fred Logan, chairman of the Kansas Board of Regents, said in the statement that “the Regents’ number one priority this year was to obtain funding for construction of a new health education building at the University of Kansas Medical Center. The Hall Family Foundation’s extraordinary gift makes construction possible. It lifts the entire state.”
The new building will be used for the education of physicians and other professionals. The university said in the statement that 89 of the state’s 105 counties are medically underserved, and it is estimated that 30 percent of the physician workforce will retire or otherwise leave their medical practices within the next decade.
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