MUSC received a record
$82.8 million in philanthropic gifts and pledges last fiscal year,
according to year-end figures released by the university's Development
The 8 percent increase in
giving to MUSC was more than double the 3.8 percent growth rate
reported by non-profits nationwide, as reported in a study published by
the Giving USA Foundation in June.
During the year, the
Medical University saw an increase both in the number of donors (11,110
vs. 9,938 in 2010) and the number of gifts (19,950 vs. 17,946). Most of
the year's contributions ($45.6 million) came from foundations and
non-profit organizations. Meanwhile, giving by individuals grew 21
percent, from $24.7 million to $29.8 million. Corporate giving totaled
Notably, the sharpest
increase in giving took place among individuals who did not graduate
from the institution. That amount grew 42 percent, to $26.5 million.
Also during the year, the
MUSC Foundation's investment portfolio achieved a 16.4 percent return,
bringing the foundation's total assets to more than $400 million. These
philanthropically- provided funds are used to pay for scholarships,
endowed chairs, facility enhancements and a broad range of research,
academic and patient-care programs. This spring, MUSC employees also
were able to contribute to the Foundation's efforts through MUSC's
internal Yearly Employee Support (YES) Campaign. This year's campaign
netted more than $351,589.
Among the 13 programs in
2011 which have received YES Family Fund support is the Children's
Hospital's Passages program, which received $2,500 in funding.
specialist Megan DeBolt displays items that support the Children's
Hospital's Passages Program for bereaved families. Through YES Campaign
Family Fund donations, departments can benefit from grants to support
Established in early 2000,
the Passages Program operates under a bereavement committee as a
service to assist patient families who must deal with the loss of a
child. The program is led by Sheri Stewart, R.N., Children's Hospital
Pediatric Pain Management and Palliative Care coordinator and committee
chair, and a multidisciplinary team.
"Our goal is to assist families in the early stages of grief by helping
them preserve the memory of their loved one. We're supportive to
whatever's needed for the family to facilitate a healthy grieving
process," said Stewart. "The YES Family Fund provides a means to
continue a vital service for our bereaved families during difficult
YES Campaign funds have
supported bereavement services and purchased items including child
memory boxes, used to store personal items, a patient's hand molds and
other supportive literature. Funds also helped purchase art supplies
for art therapy, one-year anniversary remembrance cards and other
sibling support including books and use of bereavement bears to help a
child prepare and cope with the impending death of a sibling.
MUSC President Ray
Greenberg, M.D., Ph.D., said the growth in philanthropic support has
helped the university maintain consistently high standards of
excellence, despite several consecutive years of cuts in state funding.
"These gifts are so
important because they help us sustain momentum not only in our
academic pursuits, but also in the life-saving medical research and
patient care programs that benefit so many people in South Carolina and
beyond," said Greenberg. "We are extremely grateful to the community
for this support. It makes such a meaningful difference."
For information on the
campaign, contact Whitney McLuen at 792-1073.