Medical Student Larsen Among Beneficiaries of FY2012 Philanthropy
- By Jennifer Nachbur
The University of Vermont Foundation announced in July that fiscal year 2012 fundraising production proved to be the best ever in the university’s history, topping $45 million. UVM College of Medicine benefactors contributed more than $7.1 million towards this milestone, with many private gifts and estate commitments from generous alumni, parents, community members and former faculty.
“The College of Medicine is focused on building fundraising priorities that focus on student support, advancing key faculty and research initiatives, and maintaining the competitive excellence necessary to be a nationally recognized medical school,” says Shane Jacobson, vice president and chief operating officer of the UVM Foundation.
William Street, M.D.’59, a retired anesthesiologist, and his wife, Lorraine Hassan-Street, chose to support medical student scholarships at the College and were attracted to the availability of the Medical Alumni Association’s matching funds when they established the first Street Scholarship nearly three years ago. In the past several years, the Streets have made multiple gifts to support the endowed scholarship, each matched dollar-for-dollar to double the impact of their endowment, which will perpetually benefit UVM medical students. To date, five Street Scholarships have been given to medical students.
Class of 2014 student David Larsen, his wife and children traveled across the country from Idaho so that Larsen could attend the UVM College of Medicine – a move that would not have been possible without the generosity of the Streets.
“Finding out that I qualified for the Streets’ scholarship helped us come to where we wanted to be – UVM,” Larsen says. “It made a big difference in terms of stress, especially since we had concerns about the financial impact of my medical education.”
The Street Scholarship came with an extra bonus for Larsen – the development of a strong connection to Dr. Street and other medical alumni. After Larsen wrote to thank the Streets, he received a very personable response, in which Dr. Street shared some of his experiences in medical school, as well as the reasons why the scholarship was important to him and his wife.
“Philanthropy is critical to helping ensure the College of Medicine can achieve its missions of research, education and patient care and provides a meaningful connection between our alumni and current students,” says UVM College of Medicine Dean Frederick C. Morin III, M.D. “The Street Fund – to which the Streets continue to contribute – is an excellent example of how a gift can help us reach our goals in terms of education.”
Faculty have benefited from the generosity of donors as well. An FY2012 gift from UVM College of Medicine Professor Emeritus of Pathology Roy Korson, M.D., and his wife Lorraine Korson established the Roy and Lorraine Korson Green and Gold Professorship in the department of pathology at the UVM College of Medicine. The endowment allows the chair of pathology to apply funds toward programs or activities that promote academic excellence in the College of Medicine. Korson enjoys an enduring reputation for being an outstanding teacher and mentor and served for more than 40 years on the UVM College of Medicine admissions committee. The Korsons' gift to establish the Professorship has created a significant and prestigious recruitment tool for the department of pathology and will help to attract outstanding faculty.
In FY2012, longstanding College of Medicine alumnus H. Gordon “Gordie” Page, M.D.’45, emeritus professor of surgery, added to his gifts with a Charitable Gift Annuity that assures the perpetual funding of the Mackay-Page Chair in Surgery, currently held by James Hebert, M.D.’77. Page’s generosity over the years has created the H. Gordon Page Award in Surgery, and the Albert G. Mackay, M.D.’32 and H. Gordon Page, M.D.’45 Surgery Lectureship, which supported a lecture by Mary Klingensmith, M.D., professor of surgery and vice chair of education at Washington University School of Medicine in St. Louis, Mo., in May 2012. Page, who regularly attends grand rounds and other department functions, is an annual participant at medical reunion.
“Gordie Page has been my teacher and mentor,” says Hebert. “He has set a clear example of one generation taking care of the next, and I am proud to occupy the chair that bears his name, and the name of his mentor, Dr. Mackay.”