$8M Gift to Boost Purdue Pharmacy Endowment

Posted: Updated:
College of Pharmacy Dean Eric Barker (left) presents JeanAnne and James Chaney with the crystal Boilermaker Special. (photo courtesy John Underwood/Purdue University) College of Pharmacy Dean Eric Barker (left) presents JeanAnne and James Chaney with the crystal Boilermaker Special. (photo courtesy John Underwood/Purdue University)
WEST LAFAYETTE -

An $8 million gift from a Purdue University alumna and her husband has given a major boost to an endowment supporting the university's College of Pharmacy. The gift from JeanAnne and James Chaney will support student scholarships and a potential new facility for the college.

The couple established the Pacesetter Endowment for Pharmacy in 2014 with a $1 million gift. Purdue says the endowment has provided scholarships to more than 140 students to date. JeanAnne Chaney says she hopes the gift will lead to a new facility to keep Purdue a top destination for pharmacy students.

"I feel that a new pharmacy building is needed at Purdue for this college to graduate top-level students," Chaney said. "Since pharmacy is changing rapidly, and for Purdue Pharmacy to remain in the top 10 pharmacy schools in the nation, the new building is needed now."

The donation was made through the Chaney Family Foundation. JeanAnne Chaney graduated from Purdue with a bachelor's degree in pharmacy in 1961.

Eric Barker, dean of the College of Pharmacy, says the gift will "have a transformative impact on the college, both in the near and long term, by providing financial support for our students and making a Purdue pharmacy education more affordable. It will ultimately enhance our facilities, further allowing us to be successful in recruiting the very best students and faculty."

The gift was made as part of the Purdue Day of Giving, which set a record for the fourth consecutive year by raising a total of more than $37 million.

  • Perspectives

    • Job Insights For The Third Quarter

      To provide accurate and timely employment forecasts for business leaders, Express Employment Professionals International Headquarters conducts an ongoing Job Insights survey to track quarterly hiring trends across a wide range of industries. Express surveyed business owners, decision makers, and human resource professionals about the overall hiring trends in their markets and how they impact their hiring decisions. Overall confidence remains high going into the second half of 2018.

    More

Subscribe

Name:
Company Name:
Email:
Confirm Email:
HTML
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections
INPower
Subscribe
Unsubscribe

Events



  • Most Popular Stories

    • Purdue Professor, Wife Indicted For Fraud

      A Purdue University professor and his wife have been indicted on federal fraud charges. U.S. Attorney Thomas Kirsch's office says Qingyou Han and Lu Shao are accused of hatching a scheme to defraud the National Science Foundation. 

    • Maureen Krauss (pictured left) is chief economic development officer at the Indy Chamber and Tom Leinbarger (pictured right) is chief executive officer at Cummins Inc.

      Indiana Businesses Fret Potential Trade War

      As a potential trade war looms over recently-imposed tariffs on China, Indiana businesses are expressing concern about the fallout. It is estimated that global trade supports more than 800,000 jobs in Indiana, many of those in the manufacturing and agriculture sectors. In 2016, Columbus-based Cummins Inc. sold more than 500,000 engines in China. Chief Executive Officer Tom Linebarger says the company's global footprint generates jobs and investment in Indiana.

    • Devour Indy Restaurants Unveiled

      Devour Indy has released the list of restaurants participating in the Summerfest 2018 event, which kicks off next month. More than 100 Indianapolis-area restaurants are participating this year, including more than 10 new additions to the list. 

    • The fund was first announced as part of Holcomb's Next Level Agenda. (Image courtesy of the state of Indiana.)

      Next Level Fund Makes First Investments

      Governor Eric Holcomb’s office says the Next Level Indiana Trust Fund has made its first two funding commitments. The fund, created by the Indiana General Assembly in 2017, has awarded a total of $21.5 million to Indianapolis-based High Alpha Capital and Colorado-based Foundry Group.

    • Walmart Details Crawfordsville Layoffs

      Walmart Inc. (NYSE: WMT) is reducing workforce at the Walmart Optical Lab in Crawfordsville. In a notice to the state, the company said 108 employees will be out of work by the end of September. A corporate spokeswoman told Inside INdiana Business the decision was a response to "changing business needs." She added "we are making adjustments at our Walmart Optical Labs in Crawfordsville to help ensure we have the right people in the right place at the right time."