Video: Sanford Health's Journey to Cure Type 1 Diabetes Receives M...( Historic $10 Million Gift Creat...),Health

Historic $10 Million Gift Creates Fund for Sanford Project Chair

SIOUX FALLS, S.D., July 10 /PRNewswire/ -- Sanford Health announced today it has received a $10 million gift from Todd and Linda Broin of Sioux Falls, SD to fund the chair of the Sanford Project. The gift for the Todd and Linda Broin Chair of the Sanford Project will be used to support the Sanford Project research director's salary as well as research activities associated with the director role. According to the Center on Philanthropy at Indiana University, which tracks all publicly-reported gifts of $1 million or more through its Million Dollar List, this is likely the largest known private gift given for the recruitment and support of a single research leader and that individual's related research activities.

(Photo: http://www.newscom.com/cgi-bin/prnh/20080710/NYTH124)

To view the Multimedia News Release, go to: http://www.prnewswire.com/mnr/sanfordhealth/33945/

"The success of the Sanford Project is dependent on the expertise and dedication of a world-class research team," said Sanford Health President and Chief Executive Officer Kelby Krabbenhoft. "This generous donation from Todd and Linda Broin will allow us to support a lead researcher and the team who will attack and cure type 1 diabetes by focusing on beta cell regeneration." "We came to the conclusion in our lifetime we want to give a gift that has meaning, and this is that one gift that has a lot of purpose," stated Todd Broin. Linda Broin added, "We didn't want it to be an endowment. We're doing this for the cure. We want this to happen and believe it will happen here in Sioux Falls."

On June 6, Sanford Health leaders announced the objective of the Sanford Project is to cure type 1 diabetes via the body's natural ability to regenera
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