Priority Funding Objectives and Naming Opportunities: ChangingNeeds

Dean's Distinguished Third Century Recruitment Packages $1 million

Dean’s Distinguished Third Century Scholarships: $1 million

Dean’s Distinguished Third Century Research Scholars: $1 million

1807 Funds for Discovery: $50,000

 

Dean's Fund for Strategic Initatives

“Small opportunities are often the beginning of great enterprises.”
—Demosthenes

At the School of Medicine, we spend a lot of time thinking about and strategizing for the future. We plan our budgets judiciously. But no matter how carefully we earmark funds for specific purposes, we’ve learned to expect unexpected opportunities.

To provide for evolving needs in faculty recruitment and retention, scholarships and research, we’ve created the Dean’s Fund for Strategic Initiatives. This fund, administered by the dean of the School of Medicine, allows us to respond to opportunities that further our missions.

This fund enables us to recognize the most promising medical students, ensuring that the best and brightest establish a firm connection to the school early in their careers.

The fund is playing a leading role in an ambitious plan to recruit 100 world-class faculty researchers. This recruitment initiative, expected to require nearly $100 million, will keep the school on the cutting edge of biomedical research. The Dean’s Fund also helps retain the best faculty. As our faculty members continue to gain renown, other medical institutions, not surprisingly, try to recruit them. We need to be ready, often under a tight deadline, to concretely reward the talented individuals who form the bedrock of our school. We want their most attractive option to be continuing at the School of Medicine.

We face other opportunities in the form of unanswered questions, prompted perhaps by a clinical observation or a research finding in another discipline. Often, all it takes is a little seed money and a few weeks to see if the question leads to something bigger. While initially they are too small to merit a grant proposal, these projects are where some of our most innovative work bubbles up. The unrestricted funds of the Dean’s Fund help researchers and students efficiently move ahead with a theory—a theory that could one day blossom into a revolutionary treatment, approach or device that saves lives.

 

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