Tulane uses $5 million gift to fund scholarship on aging 1 month 2 weeks 5 days ago Monday, February 01 2021 Feb 1, 2021 February 01, 2021 6:52 AM February 01, 2021 in News Source: Associated Press An aerial shot of Tulane University. NEW ORLEANS (AP) — Tulane University says a $5 million gift will be used to help increase scientific understanding of aging and longevity. The gift is from Tulane alumnus Richard M. Lerner. It will be used to establish the Lawrence E. Lerner Presidential Chair Endowed Fund, named for the donor’s father. Tulane says in a news release that Lerner requested that the initial chair holder be a scholar whose research focuses on gerontology or related disciplines. He was motivated by experiences with his father’s aging process.