UK Trustees Accept More Than $6.2 Million In Gifts And Pledges

UK TRUSTEES ACCEPT MORE THAN $6.2 MILLION IN GIFTS AND PLEDGES

Today's action by the Board of Trustees brings total gifts and pledges eligible to be matched by the Research Challenge Trust Fund program to more than $60 million.

May 4, 1999 -- (Lexington, Ky.) -- The University of Kentucky Board of Trustees today accepted gifts and pledges totaling $6,240,650. All but $200,000 of that amount will be used to support UK research and is eligible to be matched by the Research Challenge Trust Fund, initiated by Gov. Paul Patton and the Kentucky General Assembly to enhance research productivity at UK.

Today's action by the Board of Trustees brings total gifts and pledges eligible to be matched by the Research Challenge Trust Fund program to more than $60 million. The state has set aside $66.7 million for UK under the program.

The $200,000 which is not being matched by the Research Challenge Trust Fund is a pledge from Dorotha Smith Oatts of Lexington to be matched by donations received by the university for the construction of an Arboretum Visitor's Center on Alumni Drive. The funds will be used for the planning and construction of the center to include meeting rooms, offices, rest rooms and drinking fountains.

The trustees also approved the establishment and endowment of two faculty chairs, renamed a third chair, created and endowed five professorships and named five previously-approved professorships -- all made possible through earlier gifts from Jack and Linda Gill, for whom the Gill Heart Institute is named.

Following is a list of all gifts and pledges accepted today: Anonymous, $ 1,527,531; Arco Aluminum, $250,000; Boehringer Ingelheim Pharmaceuticals, $50,000; Columbia/HCA Healthcare Foundation, $50,000; Dorotha Smith Oatts, $200,000; Mami Kwoh Wang and Kentucky Medical Services Foundation, $50,000; Friends of Departments of Horticulture and Landscape Architecture, $110,395; Gary B. Knapp, $1.5 million; Nadine James, $150,000; Alumni, faculty ands friends of School of Library and Information Sciences, $30,724; Kentucky Medical Services Foundation, $150,000; John R. Mink $55,000; Kentuckiana Masonry Institute, $100,000; estate of Mary Florence Jones, $100,000; Merck & Co. Inc., $50,000; Friends of College of Law, $57,000; Spinal Cord and Head Injury Research Trust Fund, $500,000; Tennessee Valley Authority, $1 million; Wyatt Tarrant & Combs, $60,000; Zantker Charitable Foundation, $250,000; total, $6,240,650.