The Richmond-based Red Gates Foundation has committed $50 million to the Fralin Biomedical Research Institute at VTC to accelerate health sciences research at Virginia Tech. The gift is among the largest ever made to the university.
“The Red Gates Foundation is committed to funding innovative research that has the potential to make a real difference in the world,” said Jeff Galanti, the foundation’s executive director. “The Fralin Biomedical Research Institute is a world-renowned research institution that pushes the boundaries of what is possible. We are confident that their nimble approach to research, which is focused on the intersections of science, medicine, engineering, and data analytics, will help them make significant breakthroughs that benefit humanity in the years to come.”
The Red Gates Foundation was created by the estate of Hunter Goodwin in 2020. The…
