Medical College of Wisconsin and Froedtert Hospital raised more than $300 million for cancer research and public health
Drake BentleyThe Medical College of Wisconsin and Froedtert Hospital raised more than $300 million for research, patient care and public health initiatives, they announced Wednesday.
The campaign, coined Hope to Health, began taking contributions July 1, 2015, with a goal of raising $200 million. That was surpassed by more than 50%.
“I am immensely proud of what we have accomplished to build safer, healthier and more equitable communities,” said John R. Raymond Sr., Medical College of Wisconsin president and CEO.
Raymond started the campaign with Froedtert Health President and CEO Cathy Jacobson with the goal of improving cancer research, education programs and leveling healthcare disparities.
“The leadership and generosity of our donors will benefit this community for generations,” Raymond said.
“These philanthropic investments bolster all of our work — from new medical discoveries that cure disease and treat injuries to addressing the health disparities that have kept our community behind economically and socially, including racial inequities that require our urgent attention.”
During the campaign, over 48,000 gifts were received from roughly 28,000 donors, including contributions from nearly 18,000 new donors.
Here is a breakdown of the funding:
- $32 million raised for 16 new endowed chairs, professorships and deanships
- $125 million raised for research and new medical discovery
- 55 gifts of $1 million or more totaling $165 million
- $91 million raised for cancer research
- $45 million contributed by MCW alumni
- $68 million for endowed funds
- 65 new scholarship funds totaling $18 million
- $18 million for patient care programs
- $9 million contributed by MCW and Froedtert faculty and staff
“As the only adult academic health system in eastern Wisconsin, we already have been taking on the toughest problems in medicine and delivering care for patients and families not available anywhere else in the region,” Jacobson said.
“Philanthropy sustains these efforts and demonstrates this community’s strong endorsement that our work is critical to our future.”
Contact Drake Bentley at (414) 391-5647 or DBentley1@gannett.com. Follow him on Twitter at @DrakeBentleyMJS.