$275M Gift Goes to Research Center
A medical research center with a campus near Orlando says it has received its largest gift ever, the Orlando Sentinel reports.
Sanford-Burnham Medical Research Institute, with locations in California and Florida, has received an anonymous gift of $275 million.
The grant will be used to develop treatments for diseases such as obesity, diabetes, cancer and Alzheimer’s.
The research center at Lake Nona got state and local tax incentives of $310 million when it opened in 2009; those funds run out in 2016.