The money is expected to help the university meet the local match needed for a new cancer research building on campus, and establish a camp for sick and disabled children. The tournament is hosted annually at the Augusta National Golf Club.
Club spokesman Steve Ethun tells the Augsuta Chronicle the gift is in addition to support the club already provides through a foundation to dozens of local charities.
Georgia Regents University is trying to establish the state's second National Cancer Institute-designated facility, and the first at a public university in Georgia. Emory University is home to the Winship Cancer Institute in Atlanta.
Information from: The Augusta Chronicle , http://www.augustachronicle.com
Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.