LSU President William F. Tate IV announced Friday morning that Our Lady of the Lake and LCMC Health will donate $245 million to the university over the next 10 years, the largest philanthropic investment in LSU history.
The commitment will be used to improve recruitment, research and education for healthcare and STEM, particularly with cancer research.
"This is a game changer for LSU and for Louisiana," Tate said. "As the state's flagship university, LSU has an inherent responsibility to our fellow Louisianans."