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For more information about the Oakland University William Beaumont School of Medicine and giving opportunities, please contact Richard Kelley, Senior Director of Development to discuss the many options available.
An extraordinary journey, guided by you
Thank you for considering a gift to the Oakland University William Beaumont School of Medicine. We are at the start of an extraordinary journey, poised to transform health care education, conduct innovative research and improve the practice of medicine in southeastern Michigan and beyond.
With your support, the Oakland University William Beaumont School of Medicine will:
Attract and retain the brightest medical minds
Improve health care for our communities and loved ones
Create new jobs for the region and state
Encourage the development of intellectual property and start-up companies
Generate high-tech and biomedical research that will directly benefit patients
We have not entered into this endeavor lightly. Both Oakland University and Beaumont Health will invest tens of millions of dollars in the creation of the School of Medicine. It is an enormous undertaking, one dictated by a pressing need for more physicians who can care for an aging population and ease the substantial shortage of doctors predicted in coming years.
As the first new Michigan medical school launched in more than a generation, the Oakland University William Beaumont School of Medicine marks a rare philanthropic opportunity for individuals, corporations and foundations wishing not only to support the training of new physicians but to impact positively the health and well-being of entire communities.
Gifts of all sizes and types are needed to make this happen. There are a number of ways in which to get involved, from scholarship support – one of our most pressing needs as we recruit our first classes of students – to capital projects, program support and endowed chairs. We look forward to working with you to determine what options might be best for you.
The Oakland University William Beaumont School of Medicine will bring jobs to the region. It will inspire research that will cure disease and prevent illness. It will generate new technologies and new business. It will change lives. With your help, we can build this dream from the ground up.
Few opportunities exist in life to truly make a difference. Your support of the Oakland University William Beaumont School of Medicine is one of those opportunities.
As the first new medical school launched in Michigan in more than a generation, the OUWB School of Medicine will bring better health care, better jobs and better quality of life to tens of thousands of people throughout the state and beyond.
With your help, we can change lives and change futures. To make it happen, though, we need your partnership and support. Here’s why:
Your gift can help the OUWB School of Medicine prepare new generations of physicians and researchers who will positively influence the future health and well-being of people throughout Michigan and the entire nation. Together, we can make this happen.
As our country ages and we face an impending physician shortage, the need for a new highly skilled generation of physicians has never been greater. It’s estimated that by 2030, there will be more than 71 million Americans over the age of 65 compared to 35 million in 2000 including a significant percentage of older citizens in Michigan.
As the general population ages, so too will America’s doctors. More than 200,000 – a quarter of our nation’s practicing physicians – will retire over the next decade. In Michigan alone, the projected shortfall of doctors is estimated at 4,400 by the year 2020. Medical school admissions have remained virtually unchanged nationally since 1980, even as the U.S. population has grown from 230 million to 300 million, prompting The American Medical Association (AMA) and the Association of American Medical Colleges (AAMC) to call for an increase in medical school enrollments by as much as 30 percent. New medical schools must emerge to meet this mandate.
Although many opportunities exist to support the establishment and growth of the Oakland University William Beaumont School of Medicine, there are a number of pressing needs that must be met in order for the school to compete for the best and the brightest students and faculty from day one. These include:
Scholarships stand as one of our greatest priorities. The average medical school student graduates with more than $100,000 in debt with most prospective students only able to attend medical school through a combination of scholarships and financial aid. Outright gifts to fund scholarships today, combined with endowed support to fund permanent scholarships, will encourage and attract the most promising students and encourage our best and brightest minds to remain in state for their medical education.
At the OUWB School of Medicine, the impact of a scholarship gift can extend beyond the recipient. Through an innovative Capstone program, students who become involved in addressing health care issues outside the classroom and within the community at large will be eligible for full scholarships in year four of their training. Supporting a Capstone scholarship not only helps a future physician, it can ease the health care burdens of children, adults and families in medically underserved towns and cities throughout southeastern Michigan.
Endowed chairs and professorships are a vital component of establishing academic excellence at the Oakland University William Beaumont School of Medicine, providing incentives for outstanding teachers and clinicians to bring their talents, skills and reputations to campus. Endowed positions also provide an opportunity for donors to become part of a lasting OUWB legacy, with named chairs and professorships offering a meaningful and lasting way to honor and remember family, friends and others who have inspired.
The costs of launching an ambitious new medical school are significant. Recruiting world-class faculty; finding and recruiting the most promising students; acquiring the state-of-the-art technology necessary for training and research; building curricula; establishing programming – all are necessary in order to create the model of excellence envisioned for the Oakland University William Beaumont School of Medicine. Gifts directed toward these initial start-up costs enable administrators and staff to plan and more importantly, act on meeting the school’s most pressing needs.
Area(s) of philanthropic interest
- Endowed Chairs and Professorships
- Programs and Thematic Initiatives Designed as Key School Priorities
- Initial Staffing, Programming and Start-Up Costs
Gifts of any and all amounts are welcomed. Small gifts, when joined together with contributions from other OUWB School of Medicine supporters, can add up to make a significant impact on funding priorities.
How to make your gift
Outright gifts are gifts paid in full when made. These gifts are easily made via either a secure online form which accepts credit cards or fund transfers, or through the mail.
With pledges, a donor decides the amount of their gift and fulfills that pledge through a series of regular payments, determined by in conjunction with the Philanthropy office.
This includes wills, bequests and other gift options that can provide you and your family with income, security and important tax benefits while supporting the Oakland University William Beaumont School of Medicine.
Securities and mutual funds
Making gifts of stocks or mutual fund shares can help your program of choice at the OUWB School of Medicine while at the same time providing valuable tax benefits for you. It’s important to notify the Philanthropy office before making any transfers, however, in order to ensure proper credit is given for the gift.
Honorary and memorial gifts
Gifts made in honor of an individual provide an ideal way to recognize a friend, colleague or family member while also providing assistance to a program vital to the success of the OUWB School of Medicine. Similarly, a memorial gift offers a visible and impactful way to celebrate friends or family members who have passed away. With a memorial gift, that individual’s life work or interests can continue.
Many corporations offer matching gift programs through which a company will match gifts made by their employees to qualified educational and non-profit organizations, including Oakland University. With this program, your gift may double or triple in value depending on your company’s policy. Many companies also will match gifts of their retirees and employee spouses. Check with your human resources office to find out if your firm offers matching gifts.
Contact a member of our Philanthropy office
Every single gift is important to us. It’s through your generosity and support that the Oakland University William Beaumont School of Medicine will succeed and flourish in the years to come. If you would like to discuss your gift further or have any questions, please let us know. It’s our privilege to help you put your plans into action.
Lead gifts and naming opportunities
While gifts at all levels will be needed, lead gifts and naming gifts early on will drive momentum and raise the sights of others. A selection of naming opportunities will be reserved in recognition of those donors who demonstrate leadership and commitment to The Campaign for Oakland University William Beaumont School of Medicine. Other opportunities include naming options for endowed scholarships and fellowships, chairs and professorships, research and programmatic initiatives and medical school facilities.
We welcome the opportunity to tailor recognition to meet the particular interests of leadership donors. We would be glad to provide more details or speak to you one-on-one regarding your goals and interests.
for Medical Students
Dr. Michele D. Raible Fund for Medical Students
Dr. Michele Raible was dedicated to medical education and endeavored to have a positive and transforming impact on the lives of medical students. In her role as a founding associate dean of the Oakland University William Beaumont School of Medicine, Michele was deeply committed to educating and inspiring our future students. In keeping with Dr. Raible’s wishes, her husband, Dr. William Miles, has established this fund in her honor.
The fund will enrich the medical school experience for students. Student programming, external speakers, special awards, participation in scientific meetings and work on meaningful projects are some of the anticipated initiatives eligible for funding from The Dr. Michele D. Raible Fund for Medical Students.
All gifts will be recognized by the School of Medicine. Donor’s names will be shared with Dr. Miles, unless requested otherwise.
How to Donate
Gifts by check, payable to Oakland University, may be mailed to:
The Dr. Michele D. Raible Fund for Medical Students
Oakland University William Beaumont School of Medicine
c/o Oakland University Gift Accounting
John Dodge House
2200 N. Squirrel Road
Rochester, MI 48309-4401
Gifts may also be made by credit card via the secure online gift portal.
Directions to designate an online gift to the Dr. Michele D. Raible Fund for Medical Students
Visionary $4 Million gift to medical school sets stage for excellence
In 2008, an anonymous donor stepped forward with the pledge of a $4 million estate gift in support of the endowed deanship position for the Oakland University William Beaumont School of Medicine. It was one of the first lead gifts for the new school and helped set the stage for other significant gifts that have helped shape its growth.
Now, with final accreditations in place for the School of Medicine and recruitment underway for its first class of students, the donor of that visionary gift has consented for the university to share news of his generosity. Stephen Sharf, a supporter of Oakland University for nearly 30 years, made that $4 million gift in 2008. In the days and months since then, he has seen the School of Medicine grow with the arrival of world-class educators, dedicated administrators and the promise of an exceptional group of first-year students.
Endowed deanships and professorships allow the School of Medicine to attract and retain the best and brightest academic and medical leaders, establishing a reputation for excellence early in its evolution. Endowed positions also help support research opportunities, providing professors and administrators with the resources they need to undertake new and innovative studies.
“As a university, we owe so much to Stephan Sharf,” OU President Gary Russi said. “He has been at the heart of some of our most important projects and initiatives. His support of the medical school is yet another indication of his passion for excellence and his belief in all that this university can achieve. With this visionary gift, he has made a lasting contribution to not only the medical school, but to a future generation of physicians and the people whose lives they will impact.”
As a former trustee, past director for the OU Foundation and member of the Varner Society, Sharf has been a long-time advocate for helping Oakland reach ever-greater levels of achievement.
“When I give money, it is to me like an investment. I want to make sure it succeeds. Putting a medical school within Oakland University takes the university to the next plateau. Only a few universities in Michigan have medical schools,” Sharf said.
Over the years, the former executive vice president for Chrysler has made a number of transformative gifts, including the establishment of the Stephan Sharf Endowed Scholarship for engineering students and the Stephan and Rita Sharf Scholarship in the School of Business Administration. He and his late wife, Rita, also provided lead funding for Oakland’s world-class R&S Sharf Golf Course in 2000.
With this gift to the School of Medicine, Sharf has helped lay a strong foundation for its future growth, providing the support needed to help Oakland University surpass yet another milestone on the road to excellence
“The university is taking the right step at the right time. We need more doctors and nurses. OU is again at the forefront in training the sorts of professionals we need for the future,” Sharf said.
Endowed scholarship changes lives
For the Oakland University William Beaumont School of Medicine, recruiting the most promising and gifted minds is at the top of every priority list. To that end, Oakland University Trustee and long-time benefactor Ann Nicholson has made a $500,000 commitment to establish an endowed scholarship for future School of Medicine students. The gift will provide for more than half of a student’s tuition cost and help ease the financial burden that so many medical students face after graduation.
“Scholarships are a fundamental building block for the successful establishment of the medical school,” Dr. Robert Folberg, dean, Oakland University William Beaumont School of Medicine, said. “The students in our inaugural classes must possess a myriad of skills and characteristics and meet a broad range of requirements to earn admission. The ability to afford medical school, however, should not be one of those requirements.”
Called the Ann V. Nicholson Scholarship, the gift goes hand in hand with Nicholson’s desire to increase the number of physicians in the region.
“The United States needs to be training new physicians now to meet the medical needs of our aging population and to oversee the increasingly sophisticated treatments for many health conditions,” Nicholson said. “A substantial portion of our physicians now come from abroad, but I don’t think this situation is, or ought to be, sustainable over the long run.”
Nicholson chose to support scholarships “because of the high cost of medical education,” she said. “I am concerned that those students who wish to become general practice doctors in order to help others are forced to choose higher paying specialties in order to pay the debts from their education. I hope my scholarship will reach those students.”
The Ann V. Nicholson Scholarship will be directed specifically toward students who take part in the School of Medicine’s Capstone program, which allows students to become involved within the community to address pressing health care issues. Students who participate during all four years of their medical school career will be eligible for a scholarship in their last year of school.
Nicholson hopes these experiences will translate into better training for students and better care for patients. “Medical students are smart, trained to think scientifically and to notice things,” she said. “Their skills as critical thinkers, not just as doctors, are needed in the greater community. They, in return, have the opportunity to develop skills in communication and cooperation with non-medical people, which should help them in all aspects of their future practices.”
For more than 16 years, Nicholson has been an enthusiastic supporter of Oakland University, its programs and its initiatives. As a trustee, her ability to assume leadership roles and rally others to give in support of important OU initiatives, such as the Oakland University William Beaumont School of Medicine, has been transformational.
“Ann’s gift will no doubt inspire others to see the profound opportunity for good that can come from helping to shape the future of even one doctor,” Gary Russi, president of Oakland University, said. “Scholarships are invaluable in helping us build a strong, creative, influential medical school that will have a lasting effect on medical education and the practice of medicine. This gift will help make lives better.”