The UT Health Cancer Center in San Antonio today was renamed the Mays Cancer Center in honor of iconic San Antonio businessman Lowry Mays, who along with his family has donated $30 million to the Center, News Radio 1200 WOAI reports.
Mays is the founder of Clear Channel Communications, which is now iHeart Media, the international media company which includes 1200 WOAI radio.
"Peggy and Lowry Mays and their family, through the Mays Family Foundatiojn, are committed to ensuring that patients in San Antonio and South Texas receive world-class cancer care, close to their community," UT Health San Antonio President William Henrich said.
Henrich pointed out that in addition to the $30 legacy grant announced today, the Mays family has previously donated $20 million the MD Anderson Cancer Center. The former Cancer Therapy and Research Center was purchased by the University of Texas system in 2008.
The donation will allow the hiring of up to ten new permanent distinguished endowed chairs to support key faculty recruiting and retention. The gift will also establish the Mays Cancer Center Excellence Endowment, to support top priorities for future success and long-term sustainabilty for generations to come.
Rad Weaver, who is a member of the University of Texas Board of Regents and the President of McCombs Enterprises, says this gift is truly capitalism in the public interest.
"Thank you for your leadership and vision and courage to step through the open door of deregulation, which building an amazing company, which has enhanced the lives of thousands, including mine," he said.
University of Texas Chancellor Adm. William McRavern (USN, ret) said this gift will give the people of Texas an edge in their battle against cancer, the 'emperor of maladies,' and will enhance the lives of millions of people.
"Think of the kids growing up with their parents," he said. "Think of the parents spared the loss of a child."
Mays is a graduate of Texas A&M. His name is on the A&M School of Business. And that prompted the head of the University of Texas to make a statement he has probably never made before.
"I don't know if I have ever said this, but, Gig 'em Aggies!" McRaven said.