Latest Commitment Helps Launch TGen Naming Initiative
Phoenix, AZ, October 12, 2005-The Translational Genomics Research
Institute (TGen) announced today the receipt of a $9 million
unrestricted grant from the Flinn Foundation designed to help
accelerate research discoveries across a broad spectrum of
diseases. The Phoenix-based Flinn Foundation had awarded the
largest private gift to establish TGen in 2002; this new grant
brings the Foundation's total commitment to $24 million. One third
of this most recent grant will serve as a match challenge for the
TGen Foundation's Naming Campaign.
"TGen is well on its way to meeting the ambitious expectations
outlined by Arizona public and private leaders when it was
created," said John Murphy, Flinn Foundation President and CEO.
"Its track record has been remarkable in achieving genomic
discoveries, generating federal grants, and forging close
partnerships with Arizona's universities and research institutions.
This grant celebrates those achievements and recognizes TGen's
importance in building Arizona's competitiveness in the biosciences
economy."
The Flinn Foundation has taken a leadership role in the statewide
drive to build a thriving biosciences center. In 2002, the
Foundation funded a comprehensive study by the Battelle Memorial
Institute that outlined a 10-year roadmap to "fast track" Arizona
on a path to achieve national bioscience stature and a diversified
economy. The study highlighted Arizona's existing research
strengths and emphasized the need for increased public- and
private-sector collaboration.
"The Flinn Foundation is playing a leading role in catalyzing
Arizona's charge in the biosciences," said Dr. Jeffrey Trent,
President and Scientific Director of TGen. "This grant will allow
TGen to pursue a number of initiatives that should greatly
influence our research capacity. The fact that the grant is
unrestricted indicates the Flinn's belief that as an institute,
TGen is on the right track."
The announcement of the Flinn award was initially made at the
Silverleaf dinner hosted by noted Valley leaders Jacquie and
Bennett Dorrance and the TGen Foundation.
The Challenge
One third of the Flinn award, or $3 million, will be used as a
dollar-for-dollar challenge fund for the TGen Foundation"s Naming
Initiative. This allows donors to make a lasting contribution to
research by naming spaces within TGen such as laboratory benches,
conference rooms, and other areas.
"We are delighted that Jacquie and Bennett Dorrance are again
leading the effort to secure funding for TGen's research
initiatives," said Michael Bassoff, President of the TGen
Foundation. "This year, with an eye toward attracting a new family
of contributors, there will be opportunities for donors to make
gifts directly to the research program of their choice."
Over 100 naming opportunities exist and the TGen Foundation hopes
to name 20 of the 50 available lab benches by year's end.
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About TGen
The mission of the Translational Genomics Research Institute
(TGen) is to make and translate genomic discoveries into advances
in human health. Translational genomics research is a relatively
new field employing innovative advances arising from the Human
Genome Project and applying them to the development of diagnostics,
prognostics and therapies for cancer, neurological disorders,
diabetes and other complex diseases. TGen is focused on
personalized medicine and plans to accomplish its goals through
robust and disease-focused research programs and its
state-of-the-art bioinformatics and computational biology
facilities.
About the Flinn Foundation
The Flinn Foundation was established by Dr. and Mrs. Robert S.
Flinn in 1965 with the mission of improving the quality of life in
Arizona. The nonprofit philanthropy supports the advancement of
Arizona's bioscience sector, the Flinn Scholars Program for
undergraduate studies at an Arizona public university, and arts and
culture via the Maricopa Partnership for Arts and Culture.
Media Contacts:
Galen Perry-TGen (602) 343-8423
Amy Erickson-TGen (602) 343-8522
Brad Halvorsen-Flinn Foundation (602) 744-6803