Leading philanthropist supports children’s medical research.
Business Magnate, Len Ainsworth, has committed a donation of $5 million to Children’s Medical Research Institute (CMRI) from The Ainsworth Foundation.
Mr Ainsworth has expressed his ongoing support for children’s medical research, and his donation is the largest philanthropic contribution to the cost of CMRI’s Stage one building redevelopment, which was funded by the combination of a New South Wales Government capital grant of $20 million and philanthropy.
Mr Ainsworth’s contribution has been recognised by naming the Stage One building the ‘Ainsworth Tower’.
"I regard my investment in CMRI's work as highly strategic. Medical research is clearly responsible for the great advances in children's health that have already been made. It stands to reason that the serious diseases which still blight the lives of far too many children around the world will only be solved by research. I am very happy to be able to support such a worthy venture."
CMRI's Director, Professor Roger Reddel, said "We welcome Mr Ainsworth's visionary support, which will allow CMRI to expand its work on serious diseases of childhood. Major technological innovations are opening up the possibility of treatments for diseases which currently cannot be treated effectively. This all depends on being able to attract top researchers from around Australia and around the world, and providing the high-tech equipment and the custom-built laboratories they need to do their work."
Ainsworth Tower represents the first stage of CMRI's planned five-part redevelopment. This major expansion will accelerate vital research discoveries relating to children’s cancer, neurological disorders (e.g. epilepsy and autism spectrum disorders), birth defects and paediatric genetic diseases.