Wednesday, March 24, 1999
Gift boosts UC cancer research
$80M trust could establish 'top-notch' center
BY PERRY BROTHERS and TIM BONFIELD
The Cincinnati Enquirer
An endowment that has grown from $8 million to nearly $80 million will propel the University of Cincinnati's cancer center into a nationally prominent research program.
UC officials revealed plans for the French Trust, an endowment established more than 40 years ago by the Cincinnati brothers Hastings L. and William A. French, now deceased. The trust is controlled by Adrian French, the son of William A. French. The university also named a building for the brothers at a dinner Tuesday in honor of Adrian French's 93rd birthday.
“We will have the capacity of being a top-notch cancer center,” University President Joseph A. Steger said at the Cincinnatian Hotel, downtown.
The gift has been held in the trust since the endowment was created in the 1950s. UC has been allowed to borrow small amounts against it. UC cannot use the money until Mr. French dies. However, planning for the cancer research program can move ahead, officials said.
“This is the core funding that will allow us to develop a cancer program that compares with Sloan Kettering in New York and M.D. Anderson in Texas,” said Dr. Donald C. Harrison, senior vice president and provost for health affairs at the UC Medical Center.
Effective April 5, Dr. Kenneth Foon, formerly director of the cancer center at the University of Kentucky, will become the director of the newly dedicated French Cancer Institute and UC's Barrett Cancer Center.
The Barrett Center will keep its name and function as a clinical treatment site. The French Cancer Institute, based in the new Vontz Center for Molecular Studies, will serve as UC's cancer research arm.
Additionally, the old Shriners Burns Institute Building on UC's campus on April 1 will be renamed the Hastings L. and William A. French Building. The building will house the College of Allied Health.
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