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Salk Nets $25M Gift, Closes in on $300M Fundraising Goal

NEW YORK (GenomeWeb) – The Salk Institute for Biological Studies has received a $25 million donation from Conrad Prebys that it plans to add to its ongoing Campaign for Salk fundraising effort.

Salk launched the campaign, its first such fundraising effort, in 2012 with the aim of raising $300 million by July 2015 to invest in new technologies, fund research projects, and recruit new scientists. The gift from Prebys, a Salk trustee, brings its total fundraising tally to $275 million.

Salk's scientific programs include the Helmsley Center for Genomic Medicine, which employs multiple molecular, genetic, metabolic, and stem cell-based approaches to study complex chronic human diseases such as diabetes and cancer, as well as aging.

Salk recently reeled in a $3 million gift from the Glenn Foundation for Medical Research to launch a center for aging research that will pursue genetic analysis, stem cell biology, and metabolism studies to better understand the aging process and potentially to develop interventions to delay its onset and progression.

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