ASU Gets $50 Million Donation For Dementia Research
Arizona State University will receive a $50 million donation to fund advancement in research of dementia.
The school announced Monday that the endowment, one of the largest it has ever received, was made by Charlene and J. Orin Edson.
The money will be divided evenly between the Biodesign Institute and the College of Nursing and Health Innovation, which will be renamed after the Edsons.
Sethuraman Panchanathan, ASU's chief research and innovation officer, said the gift furthers efforts to understand the causes of dementia and provide better care for patients.
“It does address an impending need that requires immediate attention," Panchanathan said. "It ensures that we have better quality of life to better treatments, better diagnosis and better care.”
The Edsons said in a statement that they hope to see new discoveries that will improve the quality of life for those affected by brain disease.