Ohio State U. Med Center gets anonymous $1.4 million
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Ohio State U. Med Center gets anonymous $1.4 million
Updated 12:00 PM ET November 8, 1999
By Alec McConnaughey
The Lantern
Ohio State U.
(U-WIRE) COLUMBUS, Ohio -- The Ohio State University Medical Center received a $1.4 million gift for Parkinson's disease research from a 1939 OSU alumnus. The donor, who wishes to remain anonymous, became interested in the disease after a family member became afflicted with the illness.
The gift is the largest single donation made for Parkinson's research at OSU.
"Through the generosity of our benefactor, we can greet the next millennium with optimism in regards to Parkinson's disease," said Dr. Jean Hubble, director of the George A. and Jean M. Madden/National Parkinson's Center of Excellence at OSU Medical Center.
"Also, it ensures that the patients in central Ohio with Parkinson's disease will continue to have access to innovative and comprehensive care," she said.
Parkinson's disease is "the flip side of Alzheimer's disease," center researcher Carson Rider said.
Alzheimer's traps a person in their own mind but Parkinson's disease makes a person a prisoner in their own body. Parkinson's disease can result in tremors, slowed locomotion and freezing.
The budget for research at the Center of Excellence over the last five years has grown $150,000 annually. The budget reached $500,000 this year, Carson said.
Research money for the center comes from private sponsors like pharmaceutical companies and gifts like the $1.4 million received from the anonymous alumnus.
Half of the $1.4 million will be an endowment and the other half will be used to research the disease for causes and potential treatments.
The $700,000 endowment will go into a bank as principle to provide the Center of Excellence with money annually from 5 percent of the interest, said Vickie Van Allen the development officer. That will provide the Center and extra $35,000 annually and will increase as the principle grows over time.
Ohio State is one of only 37 centers in the United States to be designated by the National Parkinson Foundation as a Center of Excellence. It is the only one in Ohio.
(C) 1999 The Lantern via U-WIRE
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