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Ludwig Cancer Research Announces $540 Million Gift

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Ludwig Cancer Research announced a gift of $540 million on behalf of its founder, Daniel K. Ludwig, to support cancer research at the six Ludwig Centers. The centers, located at Johns Hopkins University, Harvard University, the Massachusetts Institute of Technology, Memorial Sloan-Kettering Cancer Center, Stanford University and the University of Chicago, were established with endowments from Ludwig in 2006. In addition to those initial endowments, this gift brings funding from Ludwig Cancer Research at these institutions to $900 million.

Ludwig Cancer Research, an international collaborative network of acclaimed scientists, was founded by American shipping magnate, Daniel K. Ludwig. Ludwig supports basic research and translational medicine aimed at advancing the development of new cancer diagnostics and treatments and has invested more than $2.5 billion toward these efforts to date.

Information pertaining to each of the Ludwig Centers and their Directors is available online at www.ludwigcancerresearch.org/.

University of Iowa Receives $1.5 Million Gift from Alumnus

The University of Iowa (UI) received a gift of $1.5 million from alumnus Norman E. Johnson and his wife, Barbara J. (Bartlett) Johnson. $1 million will be used to establish the Paul N. Johnson Professorship in the UI Carver College of Medicine. The professorship will support a faculty member in the UI Department of Otolaryngology whose area of expertise is in craniofacial abnormalities. $500,000 of the gift is allocated to the UI Children’s Hospital Building Fund.

Mr. Johnson earned his BBA degree from the UI in 1971 and holds an MBA from Drake University. He retired as chairman of the board and CEO of Clarcor (CLC NYSE) in 2012, and currently serves on the board of directors for Schneider National, Cracker Barrel, and CIRCOR International. He is also a member of the Board of Visitors of the Vanderbilt Owen School of Management and is a former trustee of the National Manufacturers Alliance. The gift was …

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