Oct. 1, 2002 — Indiana businessman William Bindley gave $52.5 million to Purdue University, including $7.5 million for a bioscience research center that will facilitate collaborative efforts with the university’s Birck Nanotechnology Center being built nearby, according to a news release.
Research projects will include exploring new diagnostic devices for drug discovery and biomedical sensors. The gift is the largest ever for the University by a single individual. The $7.5 million will cover half the construction cost of the bioscience research center. The remaining $45 million is a deferred gift to fund endowments for faculty chairs, scholarships, fellowships and academic programs.