The Chronicle of Philanthropy

Tycoon's Trust Awards $120-Million to Six Cancer-Research Centers

A trust set up by Daniel K. Ludwig, a shipping and mining magnate, is providing six research institutions $20-million apiece to establish centers for the study of cancer.

Mr. Ludwig died in 1992 at age 95, and since then the trust he created has quietly distributed $50-million to endow professorships at the six research...

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