EYEWITNESS LOCAL NEWSMARSHALL RECEIVES GIFT
from Eyewitness News Online
Marshall Receives $2.5 Million Gift From Brickstreet Insurance Foundation
Reported by: Jeff Morris
Web Producer: Jeff Morris
Reported: Jan. 3, 2013 4:34 PM EST
Updated: Jan. 4, 2013 12:44 PM EST
Huntington , Cabell County , West Virginia
Marshall University has received a $2.5 million gift from the BrickStreet Insurance Foundation Inc. to establish a research endowment.
The donation is expected to be matched through the state’s “Bucks for Brains” West Virginia Research Trust Fund, for a total benefit to Marshall of $5 million, according to a news release from the university.
Proceeds from the endowment will be used to support research at the university’s Joan C. Edwards School of Medicine, particularly projects related to occupational and environmental health.
Dr. Stephen J. Kopp, president of Marshall University, thanked BrickStreet for the contribution.
“We are very pleased and proud that BrickStreet has chosen to make this gift commitment in support of endowment-based biomedical research focused on some of the most pressing occupational and rural health problems confronting our state and region,” Kopp said. “The Marshall University School of Medicine is a leader in rural medicine and the support provided by BrickStreet will be amplified by matching support from the West Virginia Research Trust Fund. This research endowment fund offers great promise to help improve the health and wellness of our rural communities.”
Last year, BrickStreet donated $300,000 to Marshall to support athletics, academics and research. A portion of that gift was matched by the state's trust fund.
The state Legislature created the West Virginia Research Trust Fund in 2008 with an initial appropriation of $15 million for Marshall. The university can tap into this fund to double private gifts that support specific research initiatives linked to economic development, health care and job growth.
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