Iowa veterinary teaching hospital in line for $1 million challenge grant

AMES, IOWA — The Iowa State University College of Veterinary Medicine has been offered a $1 million incentive to reach its overall school fund-raising goal by next summer.

The Kresge Foundation approved a $1 million grant to be awarded to Iowa's Dr. W. Eugene and Linda Lloyd Veterinary Teaching Hospital if the college raises $4.57 million by June 2008.

With Phase I of construction already under way, the $48 million addition includes an advanced imaging suite, large-animal and equine diagnostics, surgical and treatment facilities, an intensive-care unit, large-animal isolation area, rooms for student rounds, laboratories and offices.

"This is an outstanding opportunity for the college and Iowa State University," says ISU Dean Dr. John Thomson. "Being approved for the Kresge Foundation challenge grant through its highly competitive selection process is an honor and an endorsement for our plan to grow and enhance our professional program."

Through its Capital Challenge Grants program, the foundation helps nonprofit organizations, even during project construction, develop a solid base of private donors and enhance fund-raising efforts.