While
many individuals choose to
make their gifts as one-time
donations
for specific programs, others
choose to give their monetary
contributions as endowments,
which provide an enduring
way to make a gift and leave
a legacy. Endowment funds
are invested to earn interest
over time. While the principal
remains intact, interest earnings
are directed as the donor
has designated. The interest
income may be reinvested or
used for the program specified,
thus assuring that the gift
will be distributed forever.
Endowments are made through
working with the Foundation
of UMDNJ, the organization
that solicits private donations
from individuals, corporations
and other foundations that
wish to advance healthcare
in New Jersey. The Foundation
works with individual donors
to help them identify and
define the type of gift they
wish to give and how they
would like the gift to be
used. Endowment funds are
often named in honor of the
donor or his or her designee.
They begin at $25,000. Donors
are assured that 100 percent
of their gift, every dollar,
is used exactly as they specify.
The NJISA has been the recipient
of several endowments, which
support the overall mission
and vision of the Institute,
including innovative educational
programs, groundbreaking research
or important patient care
programs. These endowments
enable the donors to make
a difference in the lives
of their loved ones and thousands
of others throughout the state
and the nation.
If you or someone you know
is interested in making a
gift to the New Jersey Institute
for Successful Aging, we encourage
you to call the Stratford
office of the Foundation of
UMDNJ at (856) 566-6300 to
talk about your particular
areas of interest or to visit
the Foundation web site to
learn more, www.umdnj.edu/foundation.
Some of our recent larger
gifts include:
Endowed Chair
for Primary Care Research
from the Osteopathic
Heritage Foundation |
| $2,000,000
(Thomas A. Cavalieri,
DO, Recipient)
|
|
|
(left to right)
Mr. Richard Vincent
- President, Osteopathic
Heritage Foundation;
Dr. Cavalieri,
DO, FACOI, FACP,
AGSF - Interim
Dean, UMDNJ-SOM
- Director, NJISA
- Endowed Chair
for Primary Care
Research; Dr.
J. Richard Costin,
DO - Chairman,
Osteopathic Heritage
Foundation |
The
Osteopathic Heritage
Foundation, headquartered
in Columbus, Ohio,
funds projects designed
to improve health
and quality of life
through education,
research and service.
Consistent with its
osteopathic heritage
of a holistic approach
to diagnosis and treatment
of illness, disease
and injury, emphasis
is placed on health
promotion and disease
prevention and the
interrelationship
and interdependence
of structure and function.
In keeping with its
tradition, the Osteopathic
Heritage Foundation
has funded an endowment
to develop leaders
in clinical research
in primary care at
all levels--medical
students, residents,
fellows, and junior
faculty utilizing
a mentorship model.
The endowment currently
focuses its efforts
in two areas: aging
and osteopathic principles
and practices. Initially,
funds are being used
to (1) provide seed
money to support primary
care research conducted
by faculty and residents/fellows,
(2) provide small
stipends to medical
students to participate
in primary care research
projects under the
mentorship of a faculty
member, and (3) to
hire a full-time research
assistant. |
Hunterdon Health
Fund Endowed Chair
|
| $1,500,000
(Rachel Pruchno, PhD,
Recipient)
 |
Dr. Rachel Pruchno,
PhD
UMDNJ Endowed
Professor of Gerontology
at UMDNJ-School
of Osteopathic
Medicine |
The
purpose of this endowment
is to support activities
consistent with the
original intent of
the Hunterdon Health
Fund, i.e., activities
related to community
health, primary medical
care, healthcare delivery,
and the education
of health professionals.
Criteria for receipt
include the potential
for furthering the
School’s mission,
goals, and/or stature
among its peers; potential
for enabling the School
to achieve a current
key objective, or
support a new or ongoing
major program or initiative;
the potential for
furthering the University’s
mission, strategic
goals and/or national/international
stature; and synergy
with another current
School of University
project of major importance
or high visibility.
In recognition of
the importance of
the New Jersey Institute
for Successful Aging,
the award of the Hunterdon
Endowed Chair for
Aging Research established
the Aging Research
Division of the Institute
and provided the initial
support for building
the research component. |
|
The Endowment Fund
to Support the Education
Center from the Wallerstein
Foundation for Geriatric
Life Improvement |
| $250,000
Helping older individuals
learn about aging
issues and what they
can do to stay healthy
is important if we
are to age successfully.
Funds from this endowment
will provide community
education programs
on topics such as
health and wellness,
brain and memory enhancement,
disease prevention,
pain management and
self-management of
chronic diseases to
seniors throughout
the state.
|
The Endowment to
Fund Clinical and
Biomedical Research
from the William G.
Rohrer Foundation |
| $500,000
In its continuing
efforts to support
the health and education
needs of South Jersey
residents, the William
G. Rohrer Charitable
Foundation made a
generous gift to establish
a permanent endowment
to fund clinical and
biomedical research
at the New Jersey
Institute for Successful
Aging.
Ms.
Linda Rohrer,
Trustee,
William G. Rohrer
Charitable Foundation,
with a portrait of
her late father,
William G. Rohrer. |
The Ed and Patricia
Kane Education Endowment
from Ed and Dr. Patricia
Kane |
| $80,000
 |
| Mr.
Ed Kane |
The Kanes have provided
much-needed support
at a time when the
federal government
has cut funding for
a broad range of geriatric
education programs.
Their gift will be
used to help fund
education programs
at the New Jersey
Institute for Successful
Aging.
|
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