LEXINGTON, Ky. (July 13, 2021) — Dr. Michael D. Rankin, a 1980 graduate of the University of Kentucky College of Medicine, was honored today for his monumental $22 million gift commitment that will transform medical education in Kentucky.
Rankin’s gift is the second-largest single gift in university history and will support scholarships in the College of Medicine and the construction of a new health education building.
“Through this gift, Dr. Rankin has left an indelible mark of healing and hope, not just on this university, but on the state of Kentucky,” said UK President Eli Capilouto. “His influence will be felt by generations of students and the patients they later serve.”
As part of Rankin’s gift commitment, $12 million will support the current “Michael Rankin MD Community Scholarship Endowment.” This scholarship provides support for medical students from rural Kentucky counties having unmet financial need.
“I felt strongly that it was important for me to step up and establish a scholarship so students could concentrate on their studies and not have to worry about food insecurity or where they were going to live,” Rankin said. “We need more doctors from all across the state and if this helps support students who otherwise would have difficulty completing their studies, then we have accomplished our goal.”
Rankin’s gift is also a catalyst in the efforts to construct a new health education building. During the May 4 UK Board of Trustees meeting, the design phase for the construction of the building was approved.
“When I was a student, we mostly sat in lecture halls but as times have changed I want to make sure our students have access to world-class and state-of-the-art technology,” he said.
The plan for the building includes approximately 380,000 square feet for classrooms, simulation suites, conference rooms, support for newer technologies such as distance learning, immersive video and telemedicine instruction as well as office and support space for the College of Medicine, College of Public Health and other health care colleges.
After receiving his bachelor’s degree, Rankin worked for six years as an electrical engineer to help pay for medical school, receiving his degree in 1980. He completed his residency in family medicine in 1983 at UK HealthCare and then pursued a highly successful practice in primary care and family medicine in Atlanta, before retiring and returning to Boyle County on a farm just 10 miles from where he grew up.
As an alumnus, Rankin has devoted himself to the college, its success and the success of its students and has been an invaluable member of the UK Medical Alumni Association, past president of the UK Medical Alumni Association and associated board, chair of the Dean's Advisory Council, and volunteer faculty in the UK Department of Family and Community Medicine. In addition, he has served many years on the College of Medicine scholarship and admissions committees.
“Rankin’s impact is felt through this gift, his scholarship fund and his all-around support of the university, and especially the College of Medicine,” said Dr. Bob DiPaola, UK acting provost. “We’re incredibly grateful for his work with the UK College of Medicine and his generous donations to the college, both financially and through his service.”
The University of Kentucky is increasingly the first choice for students, faculty and staff to pursue their passions and their professional goals. In the last two years, Forbes has named UK among the best employers for diversity, and INSIGHT into Diversity recognized us as a Diversity Champion four years running. UK is ranked among the top 30 campuses in the nation for LGBTQ* inclusion and safety. UK has been judged a “Great College to Work for" three years in a row, and UK is among only 22 universities in the country on Forbes' list of "America's Best Employers." We are ranked among the top 10 percent of public institutions for research expenditures — a tangible symbol of our breadth and depth as a university focused on discovery that changes lives and communities. And our patients know and appreciate the fact that UK HealthCare has been named the state’s top hospital for five straight years. Accolades and honors are great. But they are more important for what they represent: the idea that creating a community of belonging and commitment to excellence is how we honor our mission to be not simply the University of Kentucky, but the University for Kentucky.