with last year, event organizers hope to raise money for breast
and prostate cancer by auctioning individual bids for a research
endowment fund. Last year 70 guests made a pledge to the endowment,
which raised $12,600 for prostate cancer and $ 6,350 for breast
are a type of charitable gift in which the principal is invested
and the interest income is used for whatever purpose the donor wishes
- in this case, prostate and breast cancer research. Because the
principal is never touched, endowments last in perpetuity.
are currently earning approximately 14 percent over a 10- year term
as invested by the Regents of the University of California.
feature of the evening will be the announcement of the winner of
the first annual Peter McCuen Cancer Research Excellence Award.
The award honors McCuen, a business and community leader who died
last year of cancer. McCuen was chairman of the board of the UC
Davis Cancer Center executive board of advisors from its inception
in 1998 until his death. The award gives recognition and funding
to a company or organization engaged in outstanding cancer research.
Table of Contents |
To our Readers |
Building on Basics
Focusing on Patients |
In Translation |
Campus Connection |
News in Brief
UC Davis Health System |
© 2000, 2001, 2002 UC Regents. All rights reserved.