UMass School of Medicine announces name change after large donation
WORCESTER – The University of Massachusetts announced a donation of $ 175 million from the Morningside Foundation to UMass Medical School on Tuesday, September 7.
The donation is unrestricted and more than doubles the endowment of the medical school.
UMass Medical School Chancellor Michael Collins announced the donation and that the school’s name would change to UMass Chan Medical School. Its graduate schools will become the TH Chan School of Medicine; Tan Chingfen Graduate School of Nursing; and the Morningside Graduate School of Biomedical Sciences.
Governor Charlie Baker, University of Massachusetts President Martin T. Meehan, and members of the University of Massachusetts Board of Trustees also attended the announcement event on Tuesday.
The Morningside Foundation is a philanthropic organization founded by the Chan family. He donated $ 350 million to Harvard University in 2014.
Ronnie Chan is a billionaire businessman and real estate developer in Hong Kong. Since taking over from his uncle as chairman of the Hang Lung Group in 1991, one of its subsidiaries, Hang Lung Properties, has grown into one of Hong Kong’s largest real estate developers.
Chan was born in Hong Kong and received his MBA from the University of Southern California. He was also a director of Enron Corporation when it filed for bankruptcy in 2001.