University of Michigan Gets $150 Million Gift for Cancer Center
- Donation is largest in history of university’s medical school
- The givers: health insurance exec Richard Rogel and wife
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The University of Michigan received the largest donation in the history of its medical school, a $150 million gift from an alumnus who made his fortune in the health insurance industry.
In making the gift, Richard Rogel, the founder of the Preferred Provider Organization of Michigan, and his wife, Susan, will have the university’s cancer center named after them. The donation will fund cancer-focused research grants, scholarships and the establishment of a program that brings international researchers to Michigan, the school said in a statement Thursday.