IOWA CITY, Iowa (AP) — Two Maquoketa natives have given their second $10 million gift in three years to the University of Iowa.
The Dubuque Telegraph Herald reports (http://bit.ly/1gM5HMK ) Jerre and Mary Joy Stead, of Scottsdale, Ariz., will advance children’s medicine at the university.
The donation includes $8 million to endow one faculty chair each in the areas of pulmonology, nephrology, neurology and general pediatrics.
The Steads chair a fundraising campaign aimed at attracting $500 million in private donations. The university says their gift pushes the campaign’s total to $505 million. The Steads’ previous $10 million gift in 2011 also was to the children’s hospital.
The pediatrics department will be named the University of Iowa Stead Family Department of Pediatrics.
The Steads donated $25 million to the university’s Tippie College of Business in 2003.
Information from: Telegraph Herald, http://www.thonline.com