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BCM Looks to the Future with $1 Billion CampaignBaylor College of Medicine recently announced the $1 billion Best Minds Best Medicine fundraising campaign, the largest in the school's history and one of the most ambitious fundraising campaigns yet undertaken by any medical school or university.by Denise Bray Hensley
"Our community has a long history of bigheartedness, and it also has a tradition of dynamic thinking. This is an important moment in time to support BCM because the action we take today will shape the future of our own health," Robertson said. Major gifts from families of longtime BCM donors got the campaign off to a strong start. Recent gifts include $100 million from Robert and Janice McNair to recruit the world's top scientists and physicians and $30 million from the Lester & Sue Smith Foundation for breast cancer and genomic research. The hospital grounds will be known as the McNair Campus and the Breast Center was renamed the Lester and Sue Smith Breast Center at Baylor College of Medicine. "Our commitment is to advance medical discovery and to meet today's needs for compassionate health care. This campaign came about to support these high ideals—ideals that are of everyone's interest because they concern our very well-being and quality of life." Before the campaign was announced, fundraising started with a $100 million gift to name the Dan L. Duncan Cancer Center and $35 million from the Dan L. Duncan family for the Baylor Clinic. Other important donations include $31.25 million from the Albert and Margaret Alkek Foundation, $25 million from the Caroline Wiess Law Estate, $10.5 million from the Cullen Trust for Higher Education and $10 million from the medical foundation founded by BCM's legendary heart surgeon Michael E. DeBakey, M.D. "These important relationships with our donors provide BCM with the resources to uncover new knowledge and new ways to use that knowledge to develop health care strategies that will change the world," said Lisa Kennedy, Senior Vice President of Development and Executive Administration. "Giving to BCM is a very personal decision that comes from a very personal core. We may want to help experts ease suffering or cure disease. We may want to strengthen our community's position among top medical schools. Some of us may want to leave a legacy of knowledge for generations to come," she added. Funds raised at BCM have increased annually during the College's long history. The New Century Campaign in 1988 with a $175 million goal was the first major campaign. Launched in the summer of 1997, the Investment in Discovery Campaign's $500 million goal was the largest fundraising effort ever mounted in the Texas Medical Center at the time. That campaign raised $521 million—$21 million more than the original goal. The Best Minds Best Medicine campaign is expected to continue until 2013. Baylor Clinic and Hospital Attract GiftsConstruction of Baylor Clinic and Hospital, which Peter G. Traber, M.D., BCM President and CEO, has described as "a turning point for health care in our community—and beyond," has garnered significant philanthropy in recent months. 
Architectural drawing of the Baylor Clinic and Hospital BCM Trustee James C. Flores and his wife designated their $5 million pledge for the hospital while the Robert R. and Kay M. Onstead Foundation committed $3 million toward the construction project. Baylor Medical Foundation made a gift of $1 million. The College also has received generous pledges of $1 million from the Vivian L. Smith Foundation and $1 million from Kerr-McGee Anadarko Foundation in support of the hospital. "Thanks to strong community leadership, we are at a point in history where we have the tools, the ability and the plan to develop innovative medical therapies that can cure disease and change the future of human health," said Traber. "Everything we have achieved to date has enabled this vision of personalized medicine. When the doors to Baylor Clinic and Hospital open, we will make that vision a reality." |
Best Minds Best MedicineBCM Campaign Seeks to Raise $1 Billion Attracting Stars: McNairs Give $100 Million To Recruit Top Scientists Lester and Sue Smith Gift Tackles Breast Cancer in the Clinic and Lab Two Alumni Share Commitment to Scholarship Support FeaturesTaking Personalized Medicine to New Heights Creating Culture While Building Walls Changing Complexion of Medicine SpotlightClick for your Doctor: New eVisits Trade Exam Room for Inbox Kjersti Aagaard: 2007 Winner of NIH New Innovator Award Getting World-Class Breast Cancer Care...With or Without Insurance James Lupski's Tenacity Founds New Field of Genomic Medicine BriefsBCM Named National Diabetes Research Center The Trash is no Place for Expired Medication Removing Brain Tumors Through the Nose SPORE Spawns New Lymphoma Efforts The Coffee-Cholesterol Connection
BCM Campaign puts Personalized Medicine on the Fast-Track
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Volume 4, Issue 1, Summer 2008 |
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| Last modified: March 24, 2008 |
The Best Minds Best Medicine campaign is chaired by BCM Board Trustee Corbin J. Robertson, Jr., who began working on the campaign after the approval of BCM's strategic plan in 2003. The extraordinary generosity of the Houston community already has put the campaign more than halfway to its billion-dollar goal with a current total of $641 million.