An Enid, Oklahoma, billionaire and his wife have pledged another $20 million on top of the $10.5 million they had previously contributed to his namesake diabetes center at the University of Oklahoma.
Harold and Sue Ann Hamm will give the money to the Harold Hamm Oklahoma Diabetes Center at the University of Oklahoma Health Science Center. Their donation, the largest in the center’s history, will support diabetes research and treatment, including updating labs and attracting top-tier researchers. It will also form the kernel of a five-year, $100 million fundraising campaign.
Hamm, founder, chairman, and CEO of Continental Resources Inc., an oil and gas exploration and production company, has type 2 diabetes. He and his wife helped establish the Harold Hamm Oklahoma Diabetes Center in 2006 with their initial $10.5 contribution.
Money from the Hamms’ latest pledge, along with contributions from the fundraising campaign, will help the center continue to give steady and reliable funding to its researchers, who would otherwise have to depend on grants.