In The News

 
 

Our Chairman of the board, heywood fralin, was recognized as one of fifty most influential virginians

“Heywood Fralin, chairman, Medical Facilities of America Inc., Roanoke
Why he is influential: Fralin, a lifelong Roanoke resident, is a member and past chairman of the Virginia Business Higher Education Council. He serves on the boards of the Virginia Western Community College Educational Foundation, Taubman Museum of Art, GO Virginia and Virginia Research Investment Committee, which provides research funding to universities. Fralin is chairman of the State Council of Higher Education for Virginia.
Recent developments:  Heywood and Cynthia Fralin and the Horace G. Fralin Charitable Trust donated a record $50 million to Virginia Tech to support research at the renamed Fralin Biomedical Research Institute in Roanoke.”

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Horace G. Fralin CHaritable trust and heywood and cynthia fralin commited $50 million to Virginia Tech

“In December, the Horace G. Fralin Charitable Trust and Heywood and Cynthia Fralin committed to giving a record $50 million to Virginia Tech to support research at the newly renamed Fralin Biomedical Research Institute in Roanoke.

The donation will support recruiting and retaining biomedical researchers. The gift is twice as large as any other single donation to Virginia Tech.

Construction of a $90 million, 139,000-square-foot Biomedical Research Addition building at the VTC Health Sciences and Technology Campus is expected to finish in spring 2020.

The Fralin Biomedical Research Institute and the VTC School of Medicine also are on the campus. The statewide economic impact of the complex was $214 million in 2017. That figure is expected to more than double, approaching $500 million annually by 2026.”

 

Heywood Fralin, our chairman of the board, was highlighted in the virginia tech magazine.

“Heywood Fralin wanted to do something different. His older brothers had enrolled at Virginia Tech, so the younger Fralin chose the University of Virginia, a decision that would fuel sibling and sports rivalries for many years.

Hokie culture, however, was woven deep into Fralin’s family life, so when Virginia Tech first asked him to serve in early 1993, he did not hesitate.”