Since the Stefanie Spielman Fund for Breast Cancer Research at Ohio State’s Comprehensive Cancer Center – James Cancer Hospital and Solove Research Institute (OSUCCC – James) was founded in 1998, thousands of individuals, companies and charitable foundations have entrusted their philanthropic dollars to the fund.
From day one, the Spielman Fund has made good on its promise to donors through smart fiscal management and a prudent spending plan that ensures funds are allocated where they are needed most. When you give to the Spielman Fund, you can trust that your gift will make an important and strategic impact.
A Long-Term Vision for Success
The endowment portion of the Spielman Fund provides long-term, reliable income for breast cancer research. Because the principal of the endowment is invested, with only the interest spent, the endowment portion of the Spielman Fund will provide critical funding for breast cancer research in perpetuity. For the Spielman Fund, this provides nearly $400,000 of funding annually. This funding has established a designated chair in breast imaging and designated fellowship for breast cancer research, provides discretionary support for the breast cancer research program leader, and applies other discretionary dollars to fill the most critical needs.
Rapidly Working Toward a Cure
The majority of donations made to the Spielman Fund are designated as current use gifts—meaning they are to be spent in full rather than invested for the long term. The total amount of current use giving fluctuates each year but has averaged approximately $2.25 million in recent years.
Investments made by the fund have enabled Sarmila Majumder, PhD, to explore the emerging role of microRNAs in drug-resistant breast cancer; the study of novel therapeutic agents that selectively target metabolic and survival machineries in breast cancer cells; creation of a designated fellowship in breast cancer research; and more.
The Stefanie Spielman Fund for Patient Assistance
The Stefanie Spielman Fund for Patient Assistance has assisted breast cancer patients and their families who have struggled to afford the costs associated with treatment.