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HCA Inc. Gives $1 Million Gift to Duke University’s Fuqua School of Business

November 07, 2005

Durham, N.C.— HCA Inc., a leading provider of health care services, has given $1 million to The Fuqua School of Business at Duke University, Duke President Richard H. Brodhead announced Tuesday.

The unrestricted gift is available to provide support in areas determined by the dean and the administration of the university, and could include new facilities, student scholarships and programming, faculty development, equipment or other priorities of the school.

“The gift from HCA comes at a critical point in Fuqua's history as we continue to face new challenges largely brought about by Fuqua's successes,” said Douglas T. Breeden, dean of Fuqua. “The school's achievements have led to increases in many exciting programs which have strained our facilities. Our objective is to continue to provide students and faculty outstanding facilities in which we continue our learning partnership in the great Team Fuqua tradition. Our thanks go to HCA for helping us achieve this objective.”

Jack O. Bovender Jr., chairman and CEO of HCA, is a 1967 graduate of Duke and received his master of hospital administration degree from Duke in 1969. He has served on Fuqua's Board of Visitors since 1993. A 35-year veteran of the health care industry, Bovender has worked at HCA for more than 25 years.

“We are pleased to make this gift to Fuqua at such an important time,” Bovender said. “Duke's Fuqua School is one of the top business schools in the world, and their Health Sector Management program is widely recognized as one of the best in the country. We are delighted by the opportunity to contribute to Fuqua's continued success.”