In 2010, Menzies officially opened a new $58 million world-class medical research and clinical facility, known as the Menzies Research Institute Tasmania Stage I.
After four years of sustained planning, development and fundraising the next stage of the Menzies Research Institute Tasmania, Stage II, is underway. At an estimated cost of $90 million, the Stage II facility will enable us to further expand our highly innovative research program, make more discoveries, and intensify the pace of turning our discoveries into better treatments and health practices for the community.
The following funding is already in place:
The following Challenge Grants have also been pledged:
The Challenge Grant from The Atlantic Philanthropies (Atlantic) is contingent on us raising an additional $5 million in Australian philanthropy. The State Government of Tasmania has promised another $5 million on a dollar-for-dollar basis, thereby completing our $90 million capital campaign.
The Challenge Grant from Atlantic is part of a new initiative to help increase philanthropy throughout all of Australia. Via this collaborative initiative, known as Giving While Living Networks, the Founding Chairman of Atlantic, Chuck Feeney, along with Atlantic staff, are assisting grantees with fundraising by reaching out to philanthropically-inclined individuals and families. This is the first time that Atlantic’s founder has gone “on the road,” anywhere in the world, to encourage other philanthropists to give to a particular grantee project. We are very fortunate that Atlantic has chosen Tasmania as the first state in Australia to inaugurate their Giving While Living Networks initiative.
We invite you to help us make this vision of a healthier future a reality. The return will be life-changing.
Authorised by the Executive Director of Advancement
26 October, 2011