Michael Milken and Sumner Redstone tell CBS News why they're donating $80 million to GW - to focus on the prevention of disease and promotion of wellness. Watch:
On March 11, 2014, George Washington University and the Milken Institute hosted a reception in honor of contributions to the university from the Milken Institute, the Sumner M. Redstone Charitable Foundation and the Milken Family Foundation totaling $80 million to address public health challenges held at the home of Sumner Redstone in Beverly Hills, CA.
The School of Public Health and Health Services (SPHHS) has received the largest gift in #GWU history -- $80 million dollars to support our work tackling today's complex health issues. $40 million of the gift comes from the Milken Institute, a non-profit non-partisan research institution. $30 million comes from the Sumner M. Redstone Charitable foundation and will be used to create the Sumner M. Redstone Global Center for Prevention and Wellness. $10 million comes from the Milken Family Foundation, which will be used to endow the dean's position at the school of public health and to create new Dean's Scholarships for students. In recognition of these gifts, the school will be renamed the Milken Institute School of Public Health at George Washington University. About the Milken Institute School of Public health | publichealth.gwu.edu