Mayo Clinic School of Medicine Receives $200 Million

Mayo Clinic School of Medicine Receives $200 Million

The Mayo Clinic in Rochester, Minnesota, has announced a $200 million endowment gift from Jay Alix in support of the Mayo Clinic School of Medicine.

The largest gift ever to Mayo will support innovation in its medical school curriculum, additional scholarship opportunities, and a professorship. The school — which was among the first to introduce a Science of Health Care Delivery curriculum focused on healthcare system advances needed to deliver quality care — will accelerate improvements in the curriculum through the introduction of dual-degree programs and pioneering approaches to teaching and learning. 

As part of Mayo's commitment to increasing access to the medical profession for student candidates regardless of socioeconomic background, the endowment also will support an increase in scholarships and financial aid. According to a report from the Association of American Medical Colleges, the United States faces a physician shortage of nearly a hundred and twenty thousand by 2030. In recognition of the gift, the school of medicine will be renamed the Mayo Clinic Alix School of Medicine.

"Increasingly, scholarships are essential to medical schools," said Fredric Meyer, Juanita Kious Waugh Executive Dean for Education at the Mayo Clinic College of Medicine and Science. "They help attract diverse, high-potential learners who will care for our nation's increasingly diverse patient populations." 

A Mayo board member and co-chair of the clinic's Global Advisory Council, Alix began supporting the clinic in the 1980s. "My primary philanthropic interests are medicine and education. Mayo Clinic Alix School of Medicine will offer an ideal opportunity to advance both fields," said Alix, founder of AlixPartners, a global turnaround consultancy. "Genetics, artificial intelligence, virtual and augmented reality, and other technologies are transforming medical research, education, and practice. This gift will further enable Mayo's medical school to recruit the best medical students and to create a curriculum that trains them to harness evolving radical advances in medical science and technology to the greatest benefit of patients."

"Mayo Clinic School of Medicine Receives $200 Million Gift." Mayo Clinic Press Release 11/13/2018.