ROCHESTER, Minn. — After giving $200 million to Mayo Clinic — the largest gift in the organization's history — noted philanthropist Jay Alix has extended his generosity with an additional $15 million endowed gift. The fund will provide resources directed by the Mayo Clinic president and CEO to advance innovative ideas with the potential to transform health care.
"Mayo Clinic has always had visionary leaders with more brilliant ideas than funds available," says Mr. Alix. "My hope is this gift will empower and leverage Mayo Clinic's knowledge and expertise with emerging opportunities in artificial intelligence, digital technologies, data science and more, advancing Mayo Clinic as a global institution with the patients' best interests in mind."
Mr. Alix's philanthropy is in gratitude to the leadership of Mayo Clinic, honoring John Noseworthy, M.D., emeritus president and CEO, Mayo Clinic. In appreciation of this gift, Mayo Clinic will establish the John H. Noseworthy, M.D., and Jay Alix Chair, which will be conferred to the sitting president and CEO of Mayo Clinic.
Mr. Alix, a highly successful consultant credited with helping the American automotive industry out of the Great Recession, has a long-standing relationship with Mayo Clinic, generously giving his time and support. He is a grateful Mayo patient, member of the Mayo Clinic Board of Trustees, Philanthropic Partner, and co-chair of Mayo's Global Advisory Committee of the Leadership Council.
Mr. Alix began supporting Mayo Clinic in the 1990s, having modeled his own company after Mayo's clinical practice model — a patient-centered approach that includes multispecialty collaboration, cutting-edge technology and dedicated staff focused on delivering the highest-quality care to individual patients.
"We are humbled by Mr. Alix's incredible generosity," says Gianrico Farrugia, M.D., president and CEO, Mayo Clinic. "His expertise, guidance and friendship have been indispensable to both Dr. Noseworthy and me, and he has encouraged us to think boldly about the future of patient-centered health care. Mayo Clinic and the people we serve are better because of him."
Mayo Clinic benefactors advance the organization's mission in various ways, including through named endowed chairs, professorships and directorships. These important gifts recognize physicians and scientists who are leaders in their fields, make it possible to train the future leaders of medicine, and advance medical education and research in the interest of patients. A named endowed position is one of the highest honors that Mayo Clinic bestows.
In 2018, Mr. Alix made a $200 million gift to support the endowment for Mayo Clinic Alix School of Medicine.
About Jay Alix
In 1981, Mr. Alix, an expert in corporate turnarounds and restructurings, founded AlixPartners LLP, now the leading global turnaround consultancy. Although no longer in management at the firm, he remains a member of its board of directors. In recent years, Mr. Alix has concentrated on philanthropy, including the University of Pennsylvania, as well as numerous documentary movies and Tony Award-winning theatrical productions on Broadway.
About Mayo Clinic Alix School of Medicine
Originally established in Rochester, Minnesota, in 1972, Mayo Clinic Alix School of Medicine is ranked among the top 10 medical schools in the nation by U.S. News & World Report. A national medical school with campuses in Arizona, Florida and Minnesota, it is a transformative leader in medical education. With one of the largest faculty-to-student ratios in the country, Mayo's medical school is able to offer students leading-edge clinical experiences at top-ranked hospitals across all Mayo locations.
About Mayo Clinic
Mayo Clinic is a nonprofit organization committed to innovation in clinical practice, education and research, and providing compassion, expertise and answers to everyone who needs healing. Visit the Mayo Clinic News Network for additional Mayo Clinic news and An Inside Look at Mayo Clinic for more information about Mayo.