UI Launches $500 Million Fundraising Campaign for UI Health Care
The University of Iowa publicly launched a $500 million fundraising campaign that UI officials say will transform medical research, medical education and patient care at the UI Roy J. and Lucille A. Carver College of Medicine and UI Hospital and Clinics.
The seven-year campaign, titled "Iowa First: Our Campaign for Breakthrough Medicine," will run through June 30, 2013. During the initial leadership phase of the campaign, which began in July 2006, donors have made more than $314 million in gifts and gift commitments through the University of Iowa Foundation.
UI President Sally Mason called the campaign vital to fulfilling the university's mission.
"The University of Iowa exists to serve the people of Iowa and to expand human knowledge and understanding," Mason said. "That mission is abundantly evident throughout our academic medical center, which provides patient care to so many, educates tomorrow's health professionals and generates revolutionary scientific and medical research. The 'Iowa First' campaign will ensure our university's medical leadership in Iowa, the nation and the world."
In addition to enhancing medical education at the UI, the campaign is designed to secure significant funding for high-risk, high-yield research and world-class clinical care in numerous medical disciplines including cancer, cardiovascular health, children's health, blinding eye diseases, neurosciences, and aging and aging-related diseases. The campaign also will support advances in several other notable UI "breakthrough" areas that present opportunities to discover new frontiers in otolaryngology, orthopedics, women's health, and research into cystic fibrosis and infectious diseases.
UI Vice President for Medical Affairs Jean E. Robillard, M.D., said the university is uniquely positioned to make major breakthroughs in medical discovery.
"The University of Iowa's medical center is comprehensive," Robillard said. "Our researchers' discoveries shape the care we provide to our patients. Our clinicians improve lives while providing crucial data to our researchers for their studies. Our medical students enjoy extraordinary learning opportunities both in the patient clinics and in the laboratories. This integration of education, research and patient care is what sets our academic medical center apart from stand-alone hospitals or research centers. The successful conclusion of the 'Iowa First' campaign will propel every aspect of UI Health Care to new heights of innovation and excellence."
"Iowa First: Our Campaign for Breakthrough Medicine" is being conducted for the university by the University of Iowa Foundation -- and is led by a volunteer committee co-chaired by UI alumni Jerre and Mary Joy Stead of Scottsdale, Ariz.
The Steads, who have contributed $10 million to the campaign in support of children's medicine initiatives, are natives of Maquoketa, Iowa. Mary Joy Stead attended the UI and has served on the UI Foundation's board of directors since 1999. Jerre Stead received his bachelor's degree in business from the UI in 1965.
"Our sons were born at UI Hospitals and Clinics," Mary Joy Stead said, "and we've had wonderfully positive experiences with the UI medical center for years. We're thrilled to work on behalf of the outstanding professionals at UI Health Care."
Jerre Stead, who is chairman and CEO of IHS Inc., based in Englewood, Colo., said, "I can imagine no better investment of time or money than in UI Health Care. The work done there impacts individual lives and all aspects of medicine in innumerable ways."
UI Foundation President and CEO Lynette L. Marshall expressed confidence in the campaign's success.
"University of Iowa alumni and friends are passionate about helping this university serve our state and society," Marshall said. "We're extremely grateful for the generosity of donors who are participating in this effort to make the UI academic medical center among the world's finest."
A selection of leading major gift commitments made to the UI Foundation for the "Iowa First" campaign so far includes:
- $26.4 million from honorary campaign co-chairs John and Mary Pappajohn of Des Moines for the John and Mary Pappajohn Biomedical Discovery Building and the Pappajohn Biomedical Institute
- $25 million from The Fraternal Order of Eagles for The Fraternal Order of Eagles Diabetes Research Center at the UI
- $10 million from campaign co-chairs Jerre and Mary Joy Stead of Scottsdale, Ariz., for a variety of initiatives in children's health
- $6 million from the late Marvin Pomerantz, and his wife Rose Lee Pomerantz, of Des Moines for endowed faculty positions in cardiovascular medicine, ophthalmology, orthopedics and otolaryngology
- $5 million for the Department of Dermatology from an anonymous donor
- $5 million from Harold Jaffe and Jeanne Jaggard of Wayne, N.J., to support medical student scholarships, the anesthesia department and an endowed chair in urology
- $4.5 million from James and Marilyn Wilson of Memphis, Tenn., for research in cancer, cardiovascular medicine and pediatrics
The UI acknowledges the UI Foundation as the preferred channel for private contributions that benefit all areas of the university.