Finance town hall looks at endowments, gifts

A recent town hall event detailed the School of Medicine’s endowment income, gifts and other income, and included a financial update and forecast.

Julie Greicius

(Left) Sam Zelch, chief financial officer and associate dean of fiscal affairs, discussed the School of Medicine’s endowment income, gifts and expendable funds pool income on May 28 at the Li Ka Shing Center for Learning and Knowledge. His presentation included an updated year-end projection for fiscal year 2019, and an outlook for fiscal year 2020 and beyond. Marcia Cohen, senior associate dean for finance and administration (center), and Lloyd Minor, MD, dean of the School of Medicine (right), joined Zelch onstage to answer questions from the audience at the event, the latest in a series of town halls focused on the school’s finances. Faculty and staff are invited to view the slide shows from this and prior finance town hall presentations at http://med.stanford.edu/fiscalaffairs/controller.html.

About Stanford Medicine

Stanford Medicine is an integrated academic health system comprising the Stanford School of Medicine and adult and pediatric health care delivery systems. Together, they harness the full potential of biomedicine through collaborative research, education and clinical care for patients. For more information, please visit med.stanford.edu.

2023 ISSUE 3

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