University of Rhode Island Receives $35 Million From Alumnus

University of Rhode Island Receives $35 Million From Alumnus

The University of Rhode Island has announced a $35 million gift from alumnus Thomas M. Ryan ('75, Hon. '99) and his wife, Cathy, in support of the Institute for Neuroscience, a student scholars program, and the university's basketball programs.

The largest gift in URI history includes $24 million in endowment and operating funds to advance research and teaching at the George & Anne Ryan Institute for Neuroscience; $10 million to establish the Thomas M. Ryan Scholars program, which will provide incoming high-achieving students with full-tuition scholarships, including fees for all four years as well as access to the university's Honors Colloquium, Leadership Institute for first-year students, and Global Winter J-Term; and a $1 million challenge grant to help encourage community support for a new basketball training facility.

Longtime supporters of URI, the Ryans established the Ryan Institute in 2013 with a $15 million gift. Their latest gift boosts their total giving to the school to $56 million, including support for the College of Pharmacy, URI Athletics, and the university’s athletics and entertainment venue, the Ryan Center.

"Cathy and I are pleased and fortunate to be able to give this gift to the University of Rhode Island," said Ryan, former president, chair, and chief executive of CVS. "Our hope is these monies will allow URI to maintain its trajectory as a top-flight university for teaching and learning, while continuing to grow its dynamic research capabilities, especially in the area of neuroscience."