A gift of $78 million will seed a new institute at Fred Hutchinson Cancer Center and support research into precision oncology, a field that aims to assess the biological makeup of cancer in each affected individual.
The pledged gift from Stuart and Molly Sloan, announced Thursday, is the largest in the 47-year history of the Seattle-based research institution. Stuart Sloan is the owner of popular Seattle outdoor mall University Village. Molly Sloan serves on the Fred Hutch advisory board.
The gift will go towards establishing the new institute; constructing a new building on the Fred Hutch campus; and recruiting a scientific leader and endowed chair for the endeavor; as well as supporting postdoctoral fellowships, sequencing projects, and other investments. The new institute will be called the Stuart and Molly Sloan Precision Oncology Institute.
