http://www.thefakenews.net/n/caption-contest-12.html
Dr. Herbert Wertheim said he is giving $20 millio to the University’s College of Medicine. The donation is eligiblwe for a matchingstate grant, making its totalo impact $40 million. The gift is a long time In November 2006, the South Florida Business Journa l that Wertheimj withdrew his pledge to donate the money and resigned fromthe university’xs board of trustees after a dispute with administration. At the time who is chairman and CEO of BrainPowetr Inc.
, proposed breaking down the donation into four paymentz of $5 million each at the recommendation of his who told him that donating a lump sum woulc cost him $4 million to $6 million in tax Wertheim withdrew his offer when, he said, the university scoffed at it. Werthei m has been working with retiring FIU PresidentModestok A. Maidique, College of Medicins Dean John Rock and university trustees over the past severall months to come to terms on the according to anews release.
“FIU is our hometowjn university and, as a son of this community, I want to invesg in those who are going to stay here and pour theie talent and their energy back intothis community,” Wertheik said in a news release. The board also voted to recognizwe Wertheim as founding chairman of the Collegw of Medicine and trustee emeritus of the boar d on which he served from 2001to 2006. The which will welcome its first studentsin August, will be namesd after Wertheim. Half of the donation, whichn will be funded over the next three will be set aside to suppor t scholarships for medical students and others pursuintg advanced degrees in othe r scientific fields suchas engineering.
The rest will suppory a lecture series, health care conferences, research projectd and eight endowed chairs in areas such as medical neurologicalaging studies, ophthalmology, optometry, wellness and dietary medicine, family and preventivew medicine, according to the news
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