Private gifts keep research and patients thriving
In an environment of uncertain and unfavorable diminishing federal funding for scientific research, generous community individuals are stepping up to ensure more patients survive a deadly diagnosis of cancer.
Lowry and Peggy Mays are shining examples of that generosity. In 2015, the couple made a $5 million gift to create the Mays Family Foundation Distinguished University Presidential Chair for the Director of the CTRC. Ian M. Thompson Jr., M.D., director of the CTRC, is the holder of the chair. The funds support important programs such as pilot research, faculty recruitment and retention, clinical trials, new technology and cancer prevention.
“This endowment is an extraordinary gift that will fuel opportunities for scientific breakthroughs and invest in the best and brightest minds in cancer research,” Dr. Thompson said. “It is a remarkable testament to the Mays’s continuing commitment to the community and to the important role the CTRC has played herein, that they are not only early supporters and the founders of the CTRC Cabinet, but now have committed to helping us reach ever-higher standards of excellence,” he said. “They planted a seed that has grown into a full tree. Now they’re planting again, and we’re soon to have an orchard.”
The Mays Family Foundation, formed in 1994, is committed to supporting the community through causes that empower, enrich and educate. Combined with the Clear Channel Foundation, it has contributed more than $55 million to the communities in which the family lives, works or serves.
“We are delighted to honor the CTRC for its 40 years of life-changing work and to support its aspirations for the future,” Lowry Mays said.
Endowments can be established at several levels. They are:
- $10,000 – Named endowment
- $50,000 – Fellowship
- $100,000 – Professorship
- $250,000 – Distinguished Professorship
- $500,000 – Endowed Chair
- $1M – Distinguished Chair
- $2M – Distinguished University Chair
- $3M - $5M – Distinguished University Presidential Chair