U-M Announces $50 Million Gift From Business Grad - WLNS TV 6 Lansing - Jackson | Your Local News Leader

U-M Announces $50 Million Gift From Business Grad

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ANN ARBOR, Mich. (AP) - The University of Michigan says it's getting a $50 million donation from a health care entrepreneur who turned to investing and philanthropy after selling the company he founded.

The Ann Arbor school said Wednesday that business school alumnus Richard Rogel and his wife Susan are making the donation to support the medical school, Chinese studies and other activities.

The university says $30 million from the donation will go to scholarships at the medical school, $10 million will go to students and programs at the Center for Chinese Studies in the liberal arts college and $10 million to other purposes.

Richard Rogel founded Preferred Provider Organization of Michigan in 1982, selling it in1997.

He tells The Associated Press that the Chinese and American peoples have a great cultural affinity.

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