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The Lincy Foundation Awards $14 Million To UNLV

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  • The Lincy Foundation Awards $14 Million To UNLV

    THE LINCY FOUNDATION AWARDS $14 MILLION TO UNLV

    The Daily Tell
    http://www.thedailytell.com/2009/09/the-lincy -foundation-awards-14-million-to-unlv-for-new-cent er-to-address-pressing-issues-in-society/
    Sept 2 2009

    The Lincy Foundation awards $14 million to UNLV for new center to
    address pressing issues in societyArticle By John Bracchitta On
    September - 2 - 2009

    In a city that makes its money on the luck of the draw, the Lincy
    Foundation and the University of Nevada, Las Vegas (UNLV) are looking
    for some definitive answers regarding problems in society.

    The foundation, which was founded by billionaire Kirk Kerkorian,
    has announced that it has awarded $14 million to UNLV to create a
    new Institute at the school to try and solve some of our society's
    more pressing issues.

    Pending approval from Nevada's Higher Education Board of Regents,
    the donation from the foundation will help establish The Lincy
    Institute at UNLV, a new center that will "set a new standard for
    integrated problem solving by allowing regional organizations to more
    effectively address large-scale challenges in the areas of education,
    health care, social systems and public policy," according to a press
    release announcing the gift.

    Additionally, the center will utilize other research centers already
    established at the university and report its findings to the UNLV
    vice president for research and graduate studies to help solve local
    issued affecting the area surrounding the school.

    "To truly prosper as a region, we need to address our key issues
    through a sustainable, productive and inclusive approach," said UNLV
    President Neal Smatresk. "The Lincy Institute will be a hub for
    addressing the human capital challenges that are integral to the
    future prosperity of our region. It brings together the resources
    of the university in partnership with nonprofit agencies to tackle
    problems in a focused, cohesive manner."

    The Institute will employ a variety of health, education, and social
    system directors along with a grant writer. It will also sponsor 12
    faculty fellowships that will be awarded to experts in areas related
    to the institute's ideals.

    The Lincy Foundation was founded in 1989 by Kerkorian to help those
    affected by deadly earthquakes in Spitak, Armenia. With its focus
    on helping children and families "reach their full potential," the
    foundation has donated more than $800 million since its founding to
    various philanthropic and humanitarian causes.
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