The Richard M. Schulze Family Foundation will give the University of Minnesota $40 million over five years for diabetes research. University physician-researchers hope they can help many more people with type 1 diabetes achieve insulin independence.
Through pioneering work at the newly named Schulze Diabetes Institute and other University resources, three promising conceptual cures have been identified; the donation will support research focused on efforts to implement these cures.
“We have the capacity to cure this devastating disease and help people enjoy a happy and productive life no longer constrained by diabetes and constant fears and worries,” said Bernhard Hering, M.D., an internationally recognized diabetes researcher and codirector of the institute. “Curing type 1 diabetes is possible. We only need to declare it possible, engage the brightest minds, be contagiously committed, and break all barriers. This gift is breaking big barriers by boosting resources, raising awareness, and injecting a sense of urgency and responsibility.”
The gift is the second-largest in the university’s history and reportedly the second-largest by an individual or family foundation to U.S. diabetes research.
In the media:
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St. Paul Pioneer Press - Best Buy Founder Gives U $40 Million
Star Tribune
