Image 2 of Minutes of the University of Kentucky Board of Trustees, 2011-06-14

-2- FCR 2 Renaming ofthe Orchestra Research Endowment to the Lee T. Todd, Jr. and Patricia B. Todd Music Outreach Endowment FCR 3 Human Development Institute Scholarship Fund Quasi-Endowment D. Chair’s Report Dr. Brockman first recognized Micah Fielden, newly elected Student Government Association (SGA) president and welcomed him to the meeting. Mr. Fielden, who received a round of applause from the Board, will be sworn in office after June 30. Dr. Brockman also praised the outgoing SGA president and Board member Ryan Smith for his outstanding two years of service to the Board and to the University. Mr. Smith was applauded enthusiastically by the Board members. Dr. Brockman next announced a Board retreat for late August at which the topic will be Strategic Vision. Mr. Mobley’s committee on Athletic Oversight and Governance will most likely present its report in September at the board meeting. The committee wishes to involve President Elect Eli Capilouto in their first meeting. He concluded his report by saying the collaboration of UK HealthCare with Norton Healthcare of Louisville was a prominent topic during the health care retreat held on June l3. Exciting opportunities are coming to both institutions as the collaboration begins on cancer, obesity, transplants, and residency training. Dr. Brockman passed the floor to President Todd for his report. E. President’s Report and Action Items President Todd began his remarks by discussing the press conference held that morning to announce that UK was named by the National Institutes of Health as a winner of an NIH Institutional Clinical Translational Science Award (CTSA). The concept of translational research recognizes that academic basic science and the knowledge gained must somehow be extended to real life situations so that the country receives a direct benefit from research expenditures in the fonn of jobs and improved medical treatment at the bedside. The award brings a total of $20 million — $4 million a year for five years — to the University for doing precisely that type of translation. As part ofthe CTSA project, UK is developing the Appalachian Translational Research Network in collaboration with both in-state and out-of-Kentucky partners Marshall University, The Ohio State University, and the University of Cincinnati. Gearing our facilities up for the CTSA designation required concentrated effort by Provost Subbaswamy and Dr. Karpf for multiple years and involved investment and hiring of faculty and staff The president acknowledged the contribution of faculty member Dr. Philip A. Kern, hired two years ago to be director of the group and also a speaker at the press conference that morning. President Todd emphasized that perhaps most important is that UK is now ranked by NIH as highly as the other institutions — Penn State, UCLA, Kansas, and the University of Minnesota