Massachusetts General Hospital today formally launched the largest fundraising campaign in its history and the most ambitious capital campaign ever among health care institutions in New England.
Massachusetts General Hospital launches $1.5 billion fundraising campaign
Massachusetts General Hospital (MGH) today formally launched the largest fundraising campaign in its history and the most ambitious capital campaign ever among health care institutions in New England. The $1.5 billion fundraising effort – the Campaign for the Third Century of MGH Medicine – will enable Mass General to continue to deliver the highest quality care to patients, conduct pioneering biomedical research, address pressing health needs locally and globally, educate the caregivers of tomorrow and help develop and test ways to resolve complex national health policy issues.
“For 200 years, people have looked to Massachusetts General Hospital for answers, innovation and medical leadership,” said Peter L. Slavin, MD, president of MGH. “Meeting our campaign goals will enable Mass General to continue tackling some of these most difficult and complicated medical challenges today as well as be prepared to face issues that will confront us tomorrow.”
The Campaign for the Third Century of MGH Medicine has five priorities: building and enhancing medical facilities; supporting a wide range of clinical disciplines and medical specialties; promoting innovative research; enhancing medical education; and sustaining the hospital’s ability to respond to whatever situation may arise.
“The MGH is truly a place like no other,” said Cathy E. Minehan, chair of the MGH Board of Trustees. “Those of us charged with its governance hold a responsibility to ensure it moves into its third century as a strong and vibrant institution that can continue making a difference in the lives of patients and families near and far. This campaign supports, sustains and extends that important work by looking toward private philanthropy in a time of increasing uncertainty and challenge for health care funding.”
The campaign, which will be announced this evening at an event for hospital leadership and donors, is scheduled to run through 2013. As of Sept. 30, 2010, the hospital had raised $988 million, or 66 percent of its goal.
A generous gift of $35 million from Peter and Paula Lunder and the Lunder Foundation has provided an important boost to the campaign. In recognition of their generosity, the MGH’s new patient care facility – now under construction on the main campus in Boston – will be named the Lunder Building. Scheduled to open in 2011, the Lunder Building will be a state-of-the-art, patient-centric clinical facility that will house the most advanced medical technologies while being able to accommodate future technological advances.
The Lunders’ gift also supports the hospital’s education mission by funding a new initiative with the state of Maine – the James J. Dineen, MD, Maine-MGH Health Education Partnership. This collaboration seeks to expand the range of health care education programs, materials and opportunities available to providers, patients, families and veterans throughout the state of Maine.
“Seldom, if ever before, has private philanthropy had an opportunity to make such a difference in biomedical research or patient care – or to make it on so great a scale,” said MGH Trustee John Henry, principal owner of the Boston Red Sox and honorary co-chair of the Campaign for the Third Century of MGH Medicine. Henry and his wife, Linda, are major supporters of the MGH and steadfast advocates for advancing the hospital’s mission.
Other volunteer leaders of the fundraising effort include campaign co-chairs W. Gerald Austen, MD, honorary MGH trustee, chair of the Chiefs’ Council and former surgeon-in-chief at the hospital; and MGH Trustee Patricia F. Ribakoff. They are joined by honorary campaign co-chairs Jack and Eileen Connors, John and Linda Henry, and Terry and Susan Ragon as well as a Campaign Steering Committee of local and national community and business leaders.
“The goal of the Campaign for the Third Century of MGH Medicine is quite simple,” Slavin said. “It is a promise – a covenant, really – to future generations that this institution will continue to stand strong as a place of healing and hope.”
Additional information about the Campaign for the Third Century of Medicine is available online at www.thirdcenturyofmedicine.org.
Massachusetts General Hospital, established in 1811, is the original and largest teaching hospital of Harvard Medical School. The MGH conducts the largest hospital-based research program in the United States, with an annual research budget of more than $600 million. The hospital is home to major research centers in AIDS, cardiovascular research, cancer, computational and integrative biology, cutaneous biology, human genetics, medical imaging, neurodegenerative disorders, photomedicine, regenerative medicine, systems biology, transplantation biology as well as a number of others.
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