University of Michigan Receives $10.75 Million for Depression Center

University of Michigan Receives $10.75 Million for Depression Center

The University of Michigan has announced a $10.75 million gift from alumni Frances and Kenneth Eisenberg in support of research at the U-M Depression Center.

Part of the university's $4 billion Victors for Michigan campaign, the gift will help the center accelerate development of personalized treatments for clinical depression, bipolar disorder, and related illnesses. To that end, the center will use the grant to expand the number of innovative research projects focused on understanding the causes of depression and the development of personalized, precise treatments that target each individual's unique genomic, stress, and medical profile; fund the Frances and Kenneth Eisenberg Professorship of Depression and Neurosciences; create an Eisenberg Collaborative Innovations Fund to support community outreach and partnerships between the U-M Depression Center and other university units; establish the Frances and Kenneth Eisenberg Emerging Scholar Award for early career research and the Frances and Kenneth Eisenberg Research Prize, a national award to be given to an outstanding leader in the field; and build an endowment to sustain future research at the center.

Kenneth Eisenberg is chair and CEO of Kenwal Steel Corp. Both of the Eisenbergs earned bachelor's degrees from U-M in 1964, and both serve on the Victors for Michigan Campaign Steering Committee. Kenneth also serves on the Health System Advisory Group, the LSA Dean's Advisory Council, and the Taubman Medical Research Institute Advisory Board while Frances serves on the School of Education's National Advisory Board.

"We are so grateful for the generosity of the Eisenberg family and applaud their leadership and vision," said Department of Psychiatry chair Gregory Dalack. "Their gift will help us advance the science and treatment of these debilitating illnesses and combat the ignorance and stigma that prevent so many from seeking help."

"$10.75 Million Gift Funds Depression Research at the University of Michigan." University of Michigan Press Release 10/20/2016.