Advancing Strategic Philanthropy

Goal Champion: Niles Eggleston

Goal One

To empower the next generation of physicians by making medical education more accessible and impactful through philanthropic investments that will raise $30M over the next three years in commitments (endowed, current use and planned gifts) to fund scholarships and to support students.

Rationale

Our commitment to shaping the future of health care begins with reducing the student debt burden so that financial constraints do not limit who can pursue a career in medicine. By easing this barrier, we open doors for talented individuals from all backgrounds, strengthening our ability to build a provider workforce that truly reflects the diverse communities we serve.

Expected Outcome

ASP Outcome 1.1: Raise $30m and reduce the medical student debt burden to an average of $200k or less in three years

Year 1 Tactics

ASP Tactic 1.1: Support and expand the McGlothlin Scholars program with transformational and matching gifts

ASP Tactic 1.2: Develop student stories as recruitment tools

ASP Tactic 1.3: Create multiplier effect messaging showing how individual gifts create ripple effects

ASP Tactic 1.4: Primary Giving increases by 5% per year

ASP Tactic 1.5: Major gift proposals increase by 30 over the next 3 years (10/year)

ASP Tactic 1.6: Principal gift proposals increase by 3 over the next 3 years (1/year)

Year 2 Tactics

ASP Tactic 1.7: Primary Giving increases by 5% per year

ASP Tactic 1.8: Major gift proposals increase by 30 over the next 3 years (10/year)

ASP Tactic 1.9: Principal gift proposals increase by 3 over the next 3 years (1/year)

Goal Two

To establish $100M in dedicated funds over the next three years for pioneering research to address the most pressing health issues of our time.

Rationale

Through the power of philanthropy support biomedical innovation by combining visionary talent, immersive technologies and sustained funding for programs and people.

Expected Outcomes

ASP Outcome 2.1: Secure $100m in support for the Dean’s accelerator fund as well as translational programs of excellence in Neurosciences, Cardiovascular, Cancer, Integrated Care and Medicine, inclusive of basic health sciences and with preferences for multidisciplinary efforts

Year 1 Tactics

ASP Tactic 2.1: Develop case for support

ASP Tactic 2.2: Engage MPAR team and faculty in efforts to share opportunities for support

ASP Tactic 2.3: Demonstrate clear ROI through documented spend, measurable impact and compelling stories of success

ASP Tactic 2.4: Promote interdisciplinary research teams through events and communications tactics

ASP Tactic 2.5: Establish stewardship systems showing gratitude, changing donor impressions and positioning supporters as partners in transformational work

Year 2 Tactics

ASP Tactic 2.6: Submit three transformational proposals ($10M+) for consideration

Goal Three

To increase funding by $40M over the next three years for endowed faculty chairs, professorships and recruitment funds to attract and retain distinguished clinicians and researchers with world-class expertise to our institution.

Rationale

Recruit and retain innovative and world-class faculty to support and drive research, education and clinical initiatives for better outcomes in our community, the commonwealth and beyond

Expected Outcomes

ASP Outcome 3.1: Secure 20 new professorships and chairs over the next three years

ASP Outcome 3.2: Celebrate new chairs and professorships through revised installation ceremony

Year 1 Tactics

ASP Tactic 3.1: Develop case for support in areas of focus and expand into the basic health sciences

ASP Tactic 3.2: Secure five professorships and chairs

ASP Tactic 3.3: Propose annual celebration and potential investitures for the school of medicine

Year 2 Tactics

ASP Tactic 3.4: Develop case for support in areas of focus and expand into the basic health sciences and cultivate expanded philanthropy by sharing impact of recruitments

ASP Tactic 3.5: Secure seven professorships and chairs

ASP Tactic 3.6: Effective stewardship of existing professorships

Year 3 Tactics

ASP Tactic 3.7: Secure eight professorships and chairs

ASP Tactic 3.8: Effective stewardship of existing professorships