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TWU Home > Marketing & Communication > News Releases



T. Boone Pickens gives $5 million to Texas Woman’s University

11/7/06


TWU T. Boone Pickens Institute of Health Sciences-Dallas CenterDALLAS — A $5 million gift from T. Boone Pickens to Texas Woman’s University will help fund construction of TWU’s new $32-million T. Boone Pickens Institute of Health Sciences-Dallas Center. Mr. Pickens’ donation is the largest single gift from an individual to TWU.

“A key objective of my philanthropy is advancing health and medical research and care. I’ve done that through gifts to UT Southwestern, Texas Scottish Rite Hospital for Children, the Wilmer Eye Institute at Johns Hopkins and M.D. Anderson in Houston, among others,” Mr. Pickens said. “To achieve quality health care, a skilled nursing community is vital, and I am impressed with what TWU is doing in this field. They have the vision and the background to ensure nursing care in Texas — and nationally — takes a significant step forward for the benefit of current and future generations.”

TWU is in the middle of a $32 million fundraising campaign to build the new Pickens Health Sciences Center, which will combine TWU’s current education sites near Parkland and Presbyterian hospitals. The state-of-the-art facility will be built at the TWU Parkland location in the heart of Dallas’ renowned Southwestern Medical District.

TWU will offer programs in nursing, occupational therapy, physical therapy, healthcare administration and library science at the new T. Boone Pickens Health Sciences-Dallas Center. The TWU Stroke Center also will be housed in the facility.

“When you combine TWU’s eight consecutive semesters of enrollment growth with the national shortage of healthcare providers, the reason for the new Pickens Health Sciences Center becomes clear,” said TWU Chancellor and President Dr. Ann Stuart. “Mr. Pickens’ generous gift lays the foundation for a building that will allow TWU to continue graduating quality healthcare professionals for years to come.”

Mr. Pickens founded Mesa Petroleum Co. in 1956, which he grew into one of the nation’s largest independent oil and gas firms in his four decades of leadership. He left the company in 1996 and founded BP Capital, one of the nation’s most successful energy investment firms that has consistently ranked as one of the most successful hedge funds in the U.S. His recently updated 1987 autobiography, Boone, was listed for 15 weeks on The New York Times best-seller list.

Throughout his professional life, Mr. Pickens has been a generous philanthropist. Mr. Pickens’ 2005 giving — nearly $220 million in all — earned him the fifth spot on The Chronicle of Philanthropy’s list of top U.S. philanthropists. In recent years he has given more than $250 million to Oklahoma State University; $10 million to the Ronald Reagan Presidential Library to underwrite the Air Force One Pavilion; $6 million to the American Red Cross for hurricane disaster relief operations; and $3 million to the Oklahoma Heritage Association.

He has also made million-dollar-plus contributions to a wide range of medical research institutions and treatment centers, including the Wilmer Eye Institute at Johns Hopkins, UT Southwestern Medical Center, Scottish Rite Children’s Hospital and M.D. Anderson Cancer Center.

“I’m convinced the Lord put me in this life to make money, and be generous with it,” Mr. Pickens has said.

So far TWU has raised almost $16 million for its new Institute of Health Sciences-Dallas Center thanks to the generous donations of Mr. Pickens and others, including: The Simmons Family Foundation, The Pollock Foundation, Mr. and Mrs. Jere W. Thompson, Mrs. Orien Woolf, Ann Stuart, the Abe Zale Foundation, the Robson Communities, Baylor Health Care System, the Gaston Episcopal Hospital Foundation, W.P. & Bulah Luse Foundation, The Eugene Straus Charitable Trust, the Thompson & Knight Foundation and Sheila and Gary Marlow.

The new TWU T. Boone Pickens Institute of Health Sciences-Dallas Center project will create a 143,000-square-foot, multi-building campus that will include renovation of the existing education building and construction of a new 50,000-square-foot education building and a 600-car garage. This will add approximately 17,000 square feet of expanded program space and allow for future growth. The Center will be built in two phases so classes will not be interrupted.

Groundbreaking is planned for 2008, and the complex is scheduled to open in 2010.

TWU’s presence in Dallas began in 1954 through an agreement with Parkland Memorial Hospital that called for TWU nursing students to obtain their clinical training at Parkland. This model prevailed until 1966, when a $2 million, two-story educational building and a seven-story dormitory for nursing students opened at Parkland. TWU students began training at Presbyterian Hospital in Dallas in 1974, and the university opened its Dallas-Presbyterian campus in 1977.

In 1992, TWU established The Stroke Center-Dallas at the Parkland campus, which provides cutting-edge treatment and training in neurological rehabilitation for stroke patients.

For more information on TWU’s new T. Boone Pickens Institute of Health Sciences-Dallas Center, visit www.twu.edu/dallascampus.

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For Further Information Contact:

Amanda McKeen Simpson
Director of News and Information
Tel: (940) 898-3456
e-mail: asimpson1@twu.edu
 

Page last updated January 22, 2009

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