Yang 's donation funds grants of $75,000 per scholar .
In October 2015 , the University of North Carolina announced a donation of $1 million from Yang Yuanqing to fund biomedical research .
Yang Yuanqing 's donation funds grants of $75,000 per scholar .
In October 2015 , the University of North Carolina announced a donation of $1 million from Yang Yuanqing to fund biomedical research .