University Of Miami Medical School Gets $100 Million Donation

 

 

 

MIAMI -- The University of Miami School of Medicine announced its largest donation ever Monday -- a "breathtaking" $100 million from the family of the late construction magnate Leonard Miller, founder of the Lennar Corp.

 

University President Donna Shalala said the medical school has been renamed the Leonard M. Miller School of Medicine in his honor.

 

"This generous gift will lead us into a new era of scientific discovery and medical breakthroughs that will benefit our South Florida community and beyond," said Dean Colson, chairman of the University of Miami Board of Trustees.

 

The donation is the second largest to a university in Florida, behind the $220 million donated by pizza tycoon Thomas Monaghan to found Ave Maria University in Naples. The largest previous gift to the University of Miami was $50 million, said medical school dean John Clarkson.

 

Miller, a native of New Bedford, Mass., moved to Miami and started a construction company with a $10,000 investment in 1954. That company became Lennar Corp. and has expanded to 11 other states.

 

Miller served on the university's board of trustees for 20 years, was chairman from 1995 to 1999. He was treated by the medical school's doctors at Jackson Memorial Hospital for liver cancer before he died in 2002.

 

"Leonard's illness gave us a better understanding of what this arm of the university truly represents," said his widow, Sue Miller. "We as a family learned firsthand the true commitment of this medical world."

 

She choked up as she recalled the doctors who called her and her husband from airports, "excitedly returning from seminars with news about something related to Leonard's illness."

 

The money will be used primarily for research, Clarkson said. The school will establish four Miller professorships and recruit biomedical scientists. He said the medical school was given a lot of flexibility with the donation.

 

"Today we launch a new chapter that will propel us to even greater heights of medical discovery, medical education and unparalleled medical care," he said.

 

Gov. Jeb Bush said Miller was a mentor when Bush entered the real estate business in Miami in the 1980s. He described Miller's life as "the best example of the American dream being fulfilled."

 

"He was a great man and he will add value to this school of medicine by having his name associated with it," Bush said.

 

The medical school has more than 1,200 ongoing research projects funded by $188.6 million in external grants and contracts, according to the school's Web site. It ranks in the top third among U.S. medical schools for research funding awarded.

 

Miller's son, Stuart Miller, took over as president and chief executive officer of the company in 1997. Lennar Corp. was listed 230 at the Forbes 500 list this year with revenues of $8.9 billion. (AP)

Good for them.

 

That oughta be put to good use.

That should pay off the football players for quite a long time!!

 

(school of medicine donation my a**!!!!)

 

*waits for dozens of insults to be hurled at him*

That should pay off the football players for quite a long time!!

 

(school of medicine donation my a**!!!!)

 

*waits for dozens of insults to be hurled at him*

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*Concurs*

 

:mischief

it's not as if they're hurting for cash there....

 

Tuition's gotta be nearing 40 grand by now.

 

I'm still paying back those damn school loans! :banghead

Tuition's gotta be nearing 40 grand by now.

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For med school? Isn't that about national average?

All it takes is $100,000,000 to get a medical school in your name

Tuition's gotta be nearing 40 grand by now.?

628703[/snapback]

For med school? Isn't that about national average?

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It's 50 grand in-state, 60 grand out-of-state. Which is quite possibly the highest tuition in the land.

Oh damn, nevermind.

tuition is 28 grand per year, which is about on par for private medical schools.... i'll be damned if the students see a penny of that $100 mil.

tuition is 28 grand per year, which is about on par for private medical schools.... i'll be damned if the students see a penny of that $100 mil.

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That's what I originally thought

 

Tuition's gotta be nearing 40 grand by now.?

628703[/snapback]

For med school? Isn't that about national average?

628720[/snapback]

 

It's 50 grand in-state, 60 grand out-of-state. Which is quite possibly the highest tuition in the land.

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Where's that from, then?

That should pay off the football players for quite a long time!!

 

(school of medicine donation my a**!!!!)

 

 

Jealous, much? Put down the Hater-ade.

It's 50 grand in-state, 60 grand out-of-state. Which is quite possibly the highest tuition in the land.

 

 

What school are you talking about? UM's a private school. There is no in-state/out-of-state split.

tuition is 28 grand per year, which is about on par for private medical schools.... i'll be damned if the students see a penny of that $100 mil.

628840[/snapback]

That's what I originally thought

 

Tuition's gotta be nearing 40 grand by now.?

628703[/snapback]

For med school? Isn't that about national average?

628720[/snapback]

 

It's 50 grand in-state, 60 grand out-of-state. Which is quite possibly the highest tuition in the land.

628795[/snapback]

Where's that from, then?

628940[/snapback]

 

My bad. Yeah, straight-up tuition is 28 thou in state and 37 thou out of state. Med schools tend to focus on the total cost of attendance, though, which includes everything from books to housing. That's where those other figures come from, and yes they are quite high.

 

Also, Miami's med school receives a certain amount of money from the state legislature for every FL resident they accept, so even though they're private, there's still a moderate in-state discount.