Summer 2005 - Medical University of South Carolina

egaci
e
s
L
Summer 2005
Celebrating the spirit of philanthropy and the power of giving
FOR MORE THAN
180 YEARS, THE
MEDICAL UNIVERSITY
OF SOUTH CAROLINA
HAS WORKED TO
SAVE LIVES, CONQUER
ILLNESS AND END
HUMAN SUFFERING,
IN TURN EMPOWERING
PEOPLE TO MAKE
THE MOST OF THE
PRECIOUS FEW DAYS
THAT MAKE UP A
LIFETIME.
FOR
MUCH OF
THAT TIME, THE
UNIVERSITY AND ITS
HEALTH SCIENCES
FOUNDATION HAVE
BEEN SUPPORTED
PHILANTHROPICALLY
BY THOUSANDS
OF LIKE-MINDED
CITIZENS, BUSINESSES
AND FOUNDATIONS
WHO SHARE OUR
BELIEF IN THE
PARAMOUNT
IMPORTANCE OF
BETTER HEALTH.
THIS
NEWSLETTER IS
BOTH A CELEBRATION
Community Support of MUSC
Reaches New High
“Over the past few years, the
hilanthropic support of the Medical
Medical
University has enjoyed several
University of South Carolina
unique
opportunities
to strengthen its
jumped 39 percent during fiscal
academic, patient care and research
2005, with the university reporting a
environment. In many cases, private
record $48.1 million in gifts, pledges
gifts allowed us to leverage these
and matching funds collected between
opportunities into tangible results that
June 30, 2004 and July 1, 2005.
will have far-reaching benefits for citiMore than 11,000 friends and supzens throughout the entire state,” said
porters made a total of 18,671 gifts to
Greenberg. He cited the new Charles P.
the university during the year. Broken
Darby Children’s Research Institute, the
down by dollar amount, the largest
Hollings Cancer Center
portion of these gifts –
expansion and seven
over $19 million – came
recently established
from individuals, a
Research Centers of
broad mix of former
Economic Excellence as
patients, alumni, staff
examples of projects that
and other supporters.
were funded in large part
The year’s largest single
by philanthropic dollars.
gift – conservatively val“We are extremely
ued at $5.4 million –
grateful
to the people
came from one such
who have helped make
individual, a South
these and so many other
Carolina businessman
projects possible,” said
and entrepreneur.
Greenberg.
Meanwhile, gifts and
Greenberg added
matching funds from
that
philanthropy would
foundations and noncontinue to play an
profit organizations
important role in the
–MUSC President
exceeded $20.4 million,
Dr.
Ray
Greenberg
university’s plans for the
and corporate contribufuture, which include
tions totaled almost
the
development
of a new medical
$8.2 million. Over $893,000 of the
center, a new College of Health
year’s fund-raising total came from
Professions complex, a new dental
employees of the Medical University.
education facility and two recently
University President Dr. Ray
approved Research Centers for
Greenberg said the growth in
Economic Excellence. To help pay for
philanthropic support had come at
these and other projects, the Medical
a particularly advantageous time for
University is preparing to launch its
the Medical University, which is the
first campus-wide capital fund-raising
state’s largest academic medical
campaign in nearly 20 years. MUSC
center.
P
“We are
extremely
grateful to
the people
who have
helped make
these and so
many other
projects
possible.”
OF THEIR BOUNDLESS
GENEROSITY AND
COMMUNITY SUPPORT
COMMUNITY SUPPORT
COMMUNITY SUPPORT
Want to learn more?
MUSC Office of
Development
268 Calhoun St.
Post Office Box 250182
Charleston, SC 20425
Highlights in Philanthropy
A record $48.1 million in gifts, pledges,
pledge payments and matching gifts.
18,671 gifts, provided by 11,072 friends and supporters.
A record eight gifts at the million-dollar plus level.
The largest single gift in the Medical University's history,
conservatively valued at $5.4 million.
Over $893,000 in gifts from employees of the Medical University.
COMMUNITY SUPPORT
COMMUNITY SUPPORT
COMMUNITY SUPPORT
For more information
about how you can
become involved
with the Medical
University’s mission
of healing, research
and education,
please call
(800) 810-MUSC (6872)
or write:
Milestones
COMMUNITY SUPPORT
GRATITUDE.
COMMUNITY SUPPORT
OUR IMMEASURABLE
COMMUNITY SUPPORT
AN EXPRESSION OF
COMMUNITY SUPPORT
www.musc.edu
THE MEDICAL UNIVERSITY OF SOUTH CAROLINA
Your Gifts at Work
HERE ARE A FEW OF THE MANY WAYS PRIVATE
GIFTS HAVE MADE A DIFFERENCE AT MUSC OVER
THE PAST YEAR.
The Medical University received commitments for
$10 million to establish eight new endowed chairs
during fiscal 2004-2005. This was the most new
endowed-chair commitments received during a 12month period at MUSC. The new chairs are as follows:
The Grace DeWolff Endowed Chair
in Medical Oncology
The Felice L. Hirsch Endowed Chair
in Oral Diagnosis and Emergency Services
The Frank Tourville, Sr. Endowed Chair
in Clinical Cardiology
The Larry and Wraellen Winn Chair
in Family Medicine
We are nearing completion of the Hollings Cancer
Center expansion, a project that will boost patient
capacity and triple the center’s current research
space. Friends and supporters have provided approximately $4 million to support the expansion effort.
The Applied Marine Genomics
Endowed Chair
The Nephrology Research Chair
The Proteomics Endowed Chair
The Translational Cancer Therapeutics Chair
Private gifts provided almost $710,000 in vitally
important scholarship support last year.
In February, we celebrated the official opening
of the Charles P. Darby Children’s Research
Institute, culminating more than 20 years of effort
to bring to the Carolinas a comprehensive children’s
research facility. Approximately 2,400 people, businesses and foundations made a gift to this effort,
providing nearly $16 million in philanthropic support.
The Medical University last fall began work on a
new MUSC Medical Center, the first step in a
long-term plan to expand, renew and ultimately
replace the facility that has served as the school’s
teaching hospital for 50 years.
The university now has the private funding
commitments needed to establish seven new
research centers of economic excellence:
Regenerative Medicine Center of Excellence
Brain Imaging Center of Excellence
The Center for Neurodegenerative Disorders
The Center for Applied Marine Genomics
The Proteomics Research Center of Excellence
The Center for Drug Discovery in Cancer
The Translational Cancer Therapeutics
Center of Economic Excellence
The College of Health Professions is nearing completion of its new educational complex, which is
expected to open to students later this year. The college has received $2.4 million to support the effort
and is working to secure an additional $2.6 million.
creati
v
e
GIVING
BEQUESTS:
A LOW-IMPACT WAY TO MAKE
A HIGH-IMPACT DIFFERENCE
Many times, people who want to make a major gift
to the Medical University refrain from doing so
because they’re concerned about giving away money
they might need later in life. For these individuals, a
“bequest” is a great way to help MUSC today without
compromising their personal financial stability.
A bequest is simply a gift made through your will.
It can include cash, real estate, securities or any portion of your estate. There are many advantages to
making a gift through a bequest. First, it allows you
to make a more significant contribution to the Medical
University than you might be able to afford during
your lifetime. Furthermore, you get the immediate
satisfaction of making a gift without incurring any
immediate costs.
Bequests also provide you with a number of significant tax advantages. By including us in your will, you
reduce the taxable value of your estate, thereby helping your family avoid a sizable inheritance tax burden
and qualifying your heirs for an estate charitable
deduction. In addition, bequests are entirely free from
federal estate taxes, allowing the university to realize
the full amount of your gift.
The easiest way to make a bequest is to include a
codicil in your will that specifies a dollar amount or a
percentage of your estate to benefit the Medical
University’s Health Sciences Foundation.
Here are four types of bequests:
1. Restricted bequest. This type of gift allows you to
designate your gift for a specific purpose. If you are
interested in making a restricted gift, you should consult us in advance to ensure that your gift is properly
invested.
2. Unrestricted bequest. This is a gift that comes to us
with no conditions, allowing us to use it to fulfill our
highest priorities and meet our most pressing needs.
3. A tribute bequest. This is a gift given in honor or
memory of a friend, colleague or loved one.
4. Endowed bequest. An endowed bequest allows
you to restrict the principal of your gift, requiring the
Medical University to hold the funds permanently and
use only the investment income they generate. This
option allows you to support a specific program on a
permanent basis.
To ensure that your intentions are fufilled, you
should prepare your estate planning documents in
consultation with an attorney or estate planner and
the Office of Planned Giving at MUSC. Also, in order
to ensure that your gift goes where you intend it to
go, you must designate the Health Sciences
Foundation of MUSC as your beneficiary.
For more information, please call Jane McCullough,
Director of Planned Giving at (843) 792-4280 or email [email protected].
LBIGittleHEARTS
packages,
A group of Mount Pleasant children
recently held a four-day lemonade sale
to raise money for cancer research at
Hollings Cancer Center. Carolina Eldh
and her sisters Emily and Hannah visited
the center in June with cousins Emma
and Charlie Miller to present the proceeds of their sale to former U.S. Senator
Fritz Hollings. The kids made their gift
in memory of their dog Nick, who died
of stomach cancer, and friend Joe
Shuford, who died in March 2005 of a
rare form of cancer of the central
nervous system.
(Back, l-r) Kate Elde, Sen. Fritz Hollings,
Kate’s sister Mary Miller and their mom
Ann Ebel. (Front, l-r) Emma Miller, Charlie
Miller, Caroline Eldh, Hannah Eldh and
Emily Eldh.
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
Comcast Cable has made an in-kind gift
valued at $100,000 to help build the new
MUSC Medical Center.
Spartanburg Regional Hospital has
pledged $2 million to support the Hollings
Cancer Center’s Center of Excellence in
Gastroesophageal Malignancy, under
project leader Carolyn E. Reed.
The College of Medicine has received a
gift of $500,000 from the estate of
Dr. Jerome M. Maas designated to
benefit the Maas Endowed Chair in
Reproductive Endocrinology.
Dr. Hugh Gaskins, Medical Class of 1982,
has committed to establish a new scholarship fund to benefit students of the MUSC
College of Medicine.
The Robert Wood Johnson Foundation
has made a pledge of $365,000 to benefit
the Medical University’s Department of
Family Medicine.
Blue Cross and Blue Shield of South
Carolina has made an additional commitment of $300,000 to the Charles P. Darby
Children’s Research Institute, bringing the
company’s total support of the Institute
to $600,000.
Area Wal-Mart stores made gifts
totaling $95,593 to MUSC Children’s
Hospital as part of the Children’s Miracle
Network, which made its annual
broadcast the weekend of June 3-5, 2005.
The National Alzheimer’s Association
has made a gift of $80,000 to the College
of Medicine.
The Mr. & Mrs. Davison Pierson Fund
at the Community Foundation for
Southeastern Michigan has made an
additional pledge of $75,000 to the
Davison and Catherine Pierson Visiting
Lectureship, which focuses on lung
cancer topics.
John and Elaine Carlos of Atlanta
have made a $50,000 commitment to
the Digestive Disease Center. The
Carlos’s gift will be used to support
enhanced fellowship training at the
center.
Russell and Elda Gwillim of Hilton
Head have made a $50,000 gift to support
the Brockmann Endowed Chair of Urologic
Oncology.
Microsoft has made an in-kind gift of
over $50,000 worth of new software to
the Hollings Cancer Center.
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
Andrea M. Trescot, M.D., (Medicine, ’83)
of Orange Park, Florida, has made a gift of
$50,000 to the MUSC College of Medicine
to endow the Trescot Excellence in Physical
Diagnosis Award.
HIGHLIGHTS
John I. Smith Charities, Inc., has made
a $50,000 gift to Hollings Cancer Center
to support translational research in the
area of prostate and other genitourinary
cancers.
HIGHLIGHTS
Betty Stringfellow of Johns Island has
made a $105,000 commitment to establish
a new endowed scholarship in the MUSC
College of Nursing. Mrs. Stringfellow
made her gift in honor of her aunt,
Marguerite Andell, who was a College of
Nursing faculty member.
Mary McCullohs of Orangeburg has
made a $50,000 commitment in the form
of a charitable gift annuity to the Storm
Eye Institute.
HIGHLIGHTS
Dennis and Brooks Holt of Charleston have
made a $50,000 commitment to the Acute
Coronary Syndrome Center at the Medical
University’s Heart & Vascular Center.
SCANA Corporation has made a
$150,000 commitment to the Hollings
Cancer Center, advancing the center’s
efforts to achieve designation as a
“comprehensive cancer center” by
the National Cancer Institute.
HIGHLIGHTS
Cassandra Dwight of New York, N.Y.,
has made two gifts totaling $225,000 to
the Department of Psychiatry and
Behavioral Science to support the work
of Dr. John Oldham.
Thomas Slaughter, a member of the
MUSC College of Pharmacy’s Class of 1956,
has established a $100,000 gift annuity
in support of the scholarship fund he
established in 2002.
HIGHLIGHTS
The Alliance for Lupus Research has
made a pledge of $229,319 to support
the Department of Microbiology and
Immunology.
Ted and Joan Halkyard of Charleston
have established a new endowed
scholarship with a $100,000 gift to
the College of Nursing.
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
Highlights
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
Elizabeth “Betty” Stringfellow with
good friend and MUSC President Emeritus
Dr. Jim Edwards.
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
HIGHLIGHTS
&
Out
About
The 9th annual Monica Kreber
Leukemia Golf Tournament was held
July 15 at Seabrook Island, raising between
$25,000 and $30,000 for pediatric leukemia
research. Over the past nine years, the tournament has generated over $250,000 in private
gifts, in turn leveraging more than $3 million in
federal funding for pediatric leukemia research.
The tournament is named in honor of 16-yearold Monica Kreber, a former patient of MUSC
Children’s Hospital who has been leukemia-free
for three years.
Nucor Steel sponsored its fifth annual Nucor
Golf Tournament on April 16, raising $256,876 for
the Charles P. Darby Children’s Research Institute. The
tournament has generated 798,876 for the Children’s
Hospital Fund over the past five years. Pictured here are
the tournament’s planning committee, Plant Manager
Ladd Hall (from left), Tony Hunt, Corey Mecham and
Buffy Miller, along with Barbara Rivers, director of
development for the Children’s Hospital.
The Ascending Dragon Soiree, held on the
tented lawn of the Charleston Maritime Center on
June 16, generated more than $109,000 to benefit
the Ascend Foundation and the Hollings Cancer
Center’s Dragon Boat Charleston.
Dave Kreber (from left), daughter Monica Kreber,
Dr. Julio Barredo from the Children’s Hospital and
tournament planner Ricky Jones celebrate the success of the 9th annual Monica Kreber Leukemia Golf
Tournament.
BELOW RIGHT: Gail Cannon (from left) Rob Dunlap and
Michele Bateman get into the spirit of the Ascending
Dragon Soiree, which featured a live auction, Asian cuisine
and entertainment by the Chien Hong Ensemble.
BELOW LEFT: Cindy Carter (from left), Janice Fetter, Stuart
Fetter, Nona Lacy and Krista Williams were among the
estimated 300 guests who attended the soiree.
Companies, organizations and individuals
throughout the Lowcountry and
WCSC Channel 5 viewers raised
$2,510,393 for MUSC Children's
Hospital during the 22nd annual
Children's Miracle Network
Telethon Celebration broadcast
live on WCSC, June 4-5. Money
raised from this year’s event will
be used to support the many programs and services available to
patients of MUSC Children’s
Hospital and their families.
Brothers Curtis and Brandon Peek
(right) share a moment with WCSC’s
Debi Chard during the Children’s
Miracle Network broadcast in June.
THE MEDICAL UNIVERSITY OF SOUTH CAROLINA
Mark Your CALENDARS!
September 2005
25 Celebrity Concert & Silent Auction
The “Evening with the Stars” features some of
Nashville’s best and brightest singers and songwriters in an acoustic concert to benefit Hollings
Cancer Center. Sponsored by WEZL/Clear Channel
Communications, the concert will be held at the
North Charleston Performing Arts Center.
26 10th Annual Hollings Cancer Center
Golf Tournament
This year’s tournament will be held at Turtle Point
on beautiful Kiawah Island. This event includes a
silent auction, mulligans, raffle and putting contest. For more information, please call Rachael
Durham Smith at (843) 792-7694.
Calling all
tennis players!
To help raise awareness
and critical funds for
breast cancer research,
the I’On Club in Mount
Pleasant is teaming up
with Hollings Cancer
Center to host the Ace
Breast CancerTM Tennis Tournament,
to take place October 14-16, 2005.
This year’s tournament will feature singles and
doubles competition for levels 3.0, 3.5, 4.0
and above. There will be over 200 players at the
tournament, so register early to ensure a slot.
October 2005
9 The Taste of Charleston
An event sponsored by the Greater Charleston
Restaurant Association, with a portion of the proceeds to benefit Hollings Cancer Center. For more
information, please call Rachael Durham Smith at
(843) 792-7694.
14-16 Ace Breast Cancer Tennis Tournament
TM
A tennis tournament hosted by I’On Club in Mount
Pleasant, this event raises funds for breast cancer
research. For more information, please call Rachael
Durham Smith at (843) 792-7694.
Highlights of this year’s event include:
•
•
•
•
•
•
•
Players cocktail and registration party on
Thursday, October 13th
Tennis exhibition by pros
Players happy hour Friday & Saturday
Silent auction & raffle
Mobile Health Van & Awareness Tent
Refreshments and lunch provided daily
Ace SLAM JAM – a separate doubles
competition within the tournament
December 2005
1-3 3rd annual MUSC Children’s Hospital Coastathon
Pricing: Single event - $45 with an additional $15
for second event.
This three-day live radio program will broadcast
live from the lobby of the Children's Hospital, airing on Coast 92.5-FM in the Lowcountry radio market. Hear inspirational stories of hope and healing
from our young patients and their families. For
more information or sponsorship information,
please call Courtney Robinson at (843)792-9193.
Players may register on the
www.acebreastcancer.org through a secure PayPal
site. Non-players can show their support for
Hollings Cancer Center, breast cancer survivors
and the Ace Breast CancerTM Tennis Tournament
by making a pledge of support on the Web site.
3 Piggly Wiggly 14th annual Reindeer Run
All proceeds go directly to Hollings Cancer Center
and a tax deductibility statement will be mailed
to each supporter after the tournament. For
more information, please contact Rachael
Durham Smith at (843) 792-7694.
Don your holiday colors and support the MUSC
Children’s Hospital downtown Charleston for this
annual 5K race. For more information call
Courtney Robinson at (843)792-9193 or visit
www.reindeerrun.org.
FOR
egaci
e
s
L
MORE INFORMATION, please call the MUSC Office of Development at (843) 792-4275 or (800) 810-6872,
or visit our online calendar of events at www.musc.edu/giving/news.
268 Calhoun Street
P.O. Box 250182
Charleston, SC 29425
Celebrating the spirit of philanthropy and the power of giving
Non-Profit
Organization
U.S. Postage
PAID
Charleston, S.C.
Permit #254