- Associated Press - Monday, July 27, 2015

LITTLE ROCK, Ark. (AP) - Arkansas Children’s Hospital says it has received $1.5 million to help fund an endowed chair dedicated to research.

Mary and Ross Whipple donated the money, which will be matched by the hospital’s research institute board. The chair is designed to support pediatric research in a number of areas.

The hospital announced the gift Monday and said it was in honor of Dr. Richard F. Jacobs. The hospital said it is the first distinguished research scientist endowed chair at Arkansas Children’s Hospital Research Institute.

The full amount of the gift is set aside and its earnings are used to support the chair holder.

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