Record Donation For CSU Equine Program

Record Donation For CSU Equine Program

A record $42.5 million has been given to Colorado State University to develop medical therapies for animals and people. Philanthropists John and Leslie Malone gave $32.5 million in matching funds to be used towards a $65 million building — the remaining $10 million is to be used as an operating endowment over the next five years.
CSU Equine Orthopaedic Research Center’s Dr. David Frisbee explains what that $10 million transformational gift will mean.
Frisbee: “One of the things that can be challenging obviously for trying getting things to the end point is that the grant writing as well as the funding of novel therapies which obviously a lot of things in biologic therapies are -stem cells, etc and PRP those sore of things can take you three to five years to get that work funded. With an operating endowment like this we will be able to self fund some of the projects that we think are most valuable both on the veterinarian and the translational side. So we are hoping that will be a huge milestone for us on being able to make faster progress.”
Frisbee says that they still need to raise the required matching $32.5 for the building construction. Once built the CSU Institute for Biologic Translational Therapies will feature laboratories, specialized surgical suites, and conference space for both veterinarians and physicians.

 

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