George Washington Univeristy accepts $80 million gift to public health school
WASHINGTON (AP) - George Washington University is getting $80 million to address public health challenges from philanthropic groups connected to Michael Milken and Sumner Redstone.
The gifts announced Tuesday include $40 million from the Milken Institute to support research and scholarships and $30 million from the Sumner M. Redstone Charitable Foundation to help expand wellness and disease prevention. A $10 million gift from the Milken Family Foundation will support, in part, a new public health scholarship program.
The gifts connected to Redstone, board chairman of Viacom and CBS, and Milken, an active philanthropist known in the 1980s as the "junk" bond king, are university records. The university is renaming its public health school as the Milken Institute School of Public Health and establishing the Sumner M. Redstone Global Center for Prevention and Wellness.