On April 12, Dr. Hugh A. “Chip” McAllister Jr. made a $10 million commitment to UNC which will include an art collection of more than 50 works for the Ackland Art Museum and an endowment to heart disease research at the UNC School of Medicine. McAllister graduated from Davidson College before attending the UNC School of Medicine until 1966. He began his military career as an intern at Walter Reed Army Medical Center, trained at the Armed Services Institute of Pathology, and served as the institute’s chair of cardiac pathology before retiring as a colonel in 1984.
In a recent press release from UNC News, McAllister expressed his deep admiration and respect for UNC Chapel Hill as an institution. McAllister says that his art collection is his way of sharing his love of American art ¬†while simultaneously helping to eradicate one of the deadliest diseases in the U.S.
The art collection is valued at $5.5 million making it the largest gift of art in the Ackland Art Museum’s history. The collection of more than 150 paintings, sculptures, and artifacts includes several 19th-century painters such as Albert Bierstadt and Thomas Moran, Oscar Berninghaus, Joseph Sharp, as well as contemporary sculptures from Willem de Kooning, Allan Houser, Jesus Moroles and Reuben Nakian.
Several pieces of the collection will be sold rather than go to the museum. The $2.5 million proceeds will help to expand an existing endowment to support the UNC McAllister Heart Institute at the School of Medicine and cardiovascular medicine researchers. The institute was named after Chip McAllister in honor of his many contributions to cardiovascular medicine in 2009. McAllister included an additional $2 million with his gift in further support of the institution. In the past 15 years, he has given a grand total of more than $18 million to the University.
The¬†McAllisterHeart Institute employs researchers in more than 45 labs working in areas such as blood vessel formation, cardiac stem cells, genetics, blood clotting, and metabolism to advance care of patients dealing with disease of the heart, blood, or circulation. The institute provides a world-class environment for basic, preclinical and applied cardiovascular research attracting more than $15 million annually in research funds.
McAllister’s gift included an additional $2 million in further support of the institution as well. In the past 15 years, he has given a grand total of more than $18 million to the University.