Development UpdateCollege of Medicine

9/12/2010Medical Alumni Society

Board of Governors MeetingSue Frost

Presentation Outline

• Fiscal Year 10 Fundraising Results

• Fiscal Year 11 College of Medicine Fundraising Goals

• Campaign Update

• Scholarships

• Clinical Skills Center

What Are These Figures?

• Total giving for the fiscal year includes annual gifts, planned gifts, and new pledge face amount.

• College of Medicine goal setting includes the School of Allied Medical Professions and the Prior Health Sciences Library.

Alumni Engagement Continuum

What We Seek to Do in Partnership With You

Fiscal Year 2010 College of Medicine Results

Fundraising Activity

Cash Gifts, Pledges, Planned Gift CommitmentsTotal: $2,608,298• Gifts and Pledges: $1,348,298• Planned Gifts: $1,260,000

Follow Up to Spring Board Meeting DiscussionClass Gift Giving:$53,924.78 from 62 donors (cash gift received in FY 10)

Fiscal Year 11

Goal: $8,537,000

• Determined by anticipated annual fund totals and major gifts commitments (gifts of $50,000+).

Goal Breakdown:

Annual Giving: $537,000

Outright Gifts: $540,000

Pledges: $2,360,000

Planned Gifts: $5,100,000

Class Gift Giving: $6280 from five donors (cash gift received in FY 11)

Gifts Commitment Examples in Fiscal Year 2011

Anne Taylor ’90 $50,000 pledge commitmentAnne Taylor, MD Medical Student Scholarship Fund for scholarship(s) to medical student(s) based on financial need and interest in a career in surgery. Preference for 3rd year student.

John Melvin ’60 and Carol Pate $50,000 pledge commitmentClass of 1960 Medical Student Scholarship Fundused to support medical student scholarships based on academic merit and/or financial need.

Pam and Todd ’64 Stallkamp $300,000 planned gift commitmentPamela J. and Todd C. Stallkamp Scholarship Fund to support scholarships in nursing and medicine

Clotilde Bowen ’47 $300,000 planned gift commitmentClotilde Dent Brown, MD, Endowed Scholarship Fund to provide need-based scholarship support for students in good standing at the Ohio State College of Medicine

Medical Center Campaign

• College of Medicine/Medical Education Campaign Chair John Melvin

• Fall 2010: ten year strategic plan for OSU Medical Center development that will guide fundraising priorities

• Recruit campaign committee• Continue expanding support opportunities

(lecture series, chairs, program endowments)

ScholarshipsEndowed scholarships remain a critical needWhy: • On average, the College of Medicine awards $6.79 million in

scholarships annually. Its peer institutions (top 20 academic medical centers) award just over $10 million annually.

• The primary reason non-matriculating students cite for choosing not to attend Ohio State is a more attractive scholarship offer from another institution.

For recruitment, educational access, excellence, rankings and to pay forward

What We Are Doing: updated scholarship endowment publication, campaign priority, 10/12 reception, personalized impact, thank you to loyal annual fund scholarship donors, current use option

Clinical Skills Education and Assessment Center

Clinical Skills Education and Assessment Center

• Naming Opportunities for Spaces

• Gift in Kind Equipment Donations

• Next Steps Before Asking:– Approval for Naming Levels– Finalize Giving Information Media