George Washington University received $80 million in grants from the Milken Institute, the Milken Family Foundation and Sumner Redstone's foundation in what GWU President Steven Knapp called "a pivotal moment in bringing philanthropy to bear on some of the most challenging health issues that humankind faces right now." Among the gifts is $40 million over a five-year period from the Milken Institute to support the university's school of public health. "We need to effect a change in leadership in prevention and wellness, and you need a presence in the area where health policy's being made," Michael Milken said.

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