Louisville dental school to create endowed fund
September 15, 2014
Louisville, Ky. —
Gift givers: Dr. Wayne Mortenson and his wife, Sue, gave $5 million to the University of Louisville School of Dentistry to create an endowed fund that would help the school continue advancements in research, technology, scholarship and patient care.
To help the University of Louisville School of Dentistry and its students meet future needs, Dr. Wayne Mortenson and his wife, Sue, are giving $5 million to the dental school to create an endowed fund — the largest philanthropic gift in school history.
“Investing in the talent of UofL students is our goal as we seek to hire dentists and dental hygienists who can provide exceptional care to our patients,” said Dr. Mortenson, a 1979 UofL graduate and CEO of Mortenson Family Dental.
“We are always thinking about the future of the company and the impact it will have on the health of the communities we serve.”
Nearly 70 dentists of Mortenson Family Dental and more than 70 dental hygienists call UofL their alma mater.
“Increased competition and a changing health care paradigm make gifts like these vital to sustaining excellence,” said David L. Dunn, M.D., UofL executive vice president for health affairs. “The costs of education and training continue to rise, but our traditional sources of funding continue to decline. Philanthropic gifts enable schools like ours to make the investments into equipment, people, students, so that we continue to meet the dental needs our patients.”
The endowment will also help the school through continued advancements in research, technology, scholarship and patient care, Dr. John Sauk, UofL School of Dentistry dean, added.
Dr. Mortenson earned his UofL dental degree in 1979. He began practicing in Louisville and expanded to multiple locations in Kentucky and Indiana.