Western Michigan University School of Medicine (WMed) is a collaboration involving Western Michigan University and Kalamazoo's two teaching hospitals, Borgess Health and Bronson Healthcare. The new medical school has been in planning since 2008, and was granted Preliminary Accreditation from the Liaison Committee on Medical Education in October 2012. Welcoming its first class in August 2014, the school is a private 501(c)(3) nonprofit corporation supported by private gifts, clinical revenue, research activity, student tuition, and endowment income. In March 2011, Western Michigan University received a gift of $100 million for the medical school from anonymous donors.