U.S./world – $1.1B for research – One of biggest gift ever

American Century founder Jim Stowers Jr. and his wife, Virginia, have donated $1.114 billion in securities to the Stowers Institute for Medical Research in Kansas City, the Kansas City Start reported May 10.

The gift, one of the biggest ever, speeds the couple’s plan to pass their wealth on to the institute at their deaths – and boosts plans to make Kansas City a mecca for biomedical research.

For full story, go the Kansas City Star.

Leave a Response

Your email address will not be published. All fields are required.