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Belmont University announced on Wednesday it received a $10 million donation to support its new medical school.
The gift came from long-time boosters Milton and Denice Johnson. Milton Johnson chairs the Belmont board and is the former CEO of HCA Healthcare.
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Why it matters: Belmont established itself as a fundraising juggernaut under former president Bob Fisher. This announcement on the heels of Fisher's departure in May signals the university's continued strength in that space.
Belmont rapidly expanded its enrollment and campus footprint as big-ticket donations poured in over the last decade. Earlier this year, ahead of Fisher's retirement, Belmont said it raised more than $326 million during a five-year fundraising drive.
Plans for the new medical school were announced last year.
The details: The Johnsons dedicated their latest donation to HCA co-founder Thomas F. Frist, Jr., who is also the medical school's namesake.
Belmont is establishing its college of medicine in partnership with HCA, which owns 187 hospitals across the country and in the United Kingdom.
The university is pursuing accreditation for the medical school.
Flashback: The Johnsons have already given millions to Belmont.
In 2015, the couple gave $10 million for a scholarship program that supports low-income and first-generation college students at Belmont.
A building at the heart of campus bears their names. Now the medical school lobby will too.
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