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Cummings
Foundation (CFI) has announced a new partnership with
Tufts University's School of Veterinary Medicine. In
association with an historic $50 million financial commitment,
Cummings Foundation will work closely with the prestigious
graduate school over at least the next 15 years, according
to CFI's executive director, Denis Cleary.
Shown
above at the Medford, Massachusetts campus of Tufts
University, are Lawrence S. Bacow, president of Tufts,
William S. Cummings, president of Cummings Foundation
and Dr. Philip C. Kosch, dean of the School of Veterinary
Medicine at Tufts University, on September 3, 2004.
The
commitment to Tufts is, by far, the most significant
financial action of CFI since its inception in 1986.
CFI's chief benefactors are Bill and Joyce Cummings
of Winchester, Massachusetts. Bill currently serves
as the president of CFI, and both he and Joyce are active
members of its board of trustees.
In
addition to its new affiliation with Tufts, CFI owns
and operates two large retirement communities, New Horizons
at Choate, located at 21 Warren Avenue in Woburn, MA,
and New Horizons at Marlborough, a much larger not-for-profit
facility in Marlborough, MA. More than 400 seniors currently
reside in the two modestly priced but highly regarded
independent and assisted living facilities.
The
School of Veterinary Medicine at Tufts University was
founded 26 years ago, in partnership with the commonwealth
of Massachusetts, to provide an opportunity for state
residents to study veterinary medicine. Although Harvard
University once had a veterinary school, Tufts is currently
the only veterinary school in New England. Located on
a beautiful country campus in Grafton, Massachusetts,
Tufts is also one of only two veterinary schools in
the United States established by a private university.
The
School receives annual operating support from the commonwealth
of Massachusetts, producing one of the most successful
public/private higher education partnerships in the
nation. Each year, one half of the seats in the class
are reserved for Massachusetts residents, who also are
able to take advantage of a discount in tuition. The
School pursues alliances and partnerships with industry,
other universities, government laboratories and non-governmental
organizations to achieve a multi-disciplinary team approach
to scientific inquiry.
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Bill
Cummings said that CFI was moved to support the University's
affiliation proposal, primarily due to the strong entrepreneurial
spirit of Tufts' senior administrators. "Every
university needs resources to sustain its vision. This
collaboration will support the vital capital needs of
one of Tufts' most important schools." He also
identified the steadily growing quality of Tufts' faculty
and its outstanding reputation as important factors
that were considered.
Additionally,
Cummings said that veterinary medicine has become an
increasingly important area of study within the scientific
community, particularly in Massachusetts. Largely
due to the rapid expansion of the biotech industry,
the need for veterinarians in the Commonwealth has grown
at a disproportionately high rate when compared to other
areas of the country.
According
to Bill Cummings, "The single most important element
of this commitment was the opportunity to make a defining
difference in a world-class institution. The terrific
work being done by Veterinary School teachers and researchers,
and their commitment to academic excellence, will benefit
people around the globe."
Cummings
is more than casually familiar with the rapid growth
of the biotech industry, particularly in Massachusetts.
Cummings Properties, the real estate firm he founded
in 1970 that currently serves more than 1700 business
and professional clients in 10 area communities, reportedly
leases a large percentage of its 8 million square feet
of commercial space to biotechnology and medical research
firms. The Woburn-based company has 260 full-time employees
based in Woburn and Beverly, Massachusetts.
The
Veterinary School is engaged in important research that
bridges the gap between human and animal health. Since
many of the world's emerging infectious diseases and
most bioterrorist agents are animal or zoonotic diseases
transmitted from animals to humans, Tufts' infectious
disease research program is working to better understand
and treat these serious threats to human health. Examples
of these zoonotic diseases include the West Nile virus
and rabies.
The
School's Division of Infectious Diseases is recognized
for research of infections associated with diseases
of childhood and infections that threaten humans with
compromised immunity as a result of malnutrition, HIV/AIDS
or other factors. Such diseases include E.coli infections,
salmonellosis and cryptosporidiosis.
The
Division also has leading researchers investigating
malaria, Lyme disease and tularemia. In 2004, the veterinary
school was awarded a $25 million contract from the National
Institute of Health to establish centers to study food
and waterborne diseases and botulism therapies.
Nothing
in the day-to-day operations at the 585-acre country
campus is expected to change as a result of the new
affiliation. Students, professors, administrators, and
researchers alike will continue in all of their ordinary
routines at the School, with no interruption of any
sort.
The
only significant change will be that of the veterinary
school's name, which will be changed to the "Cummings
School of Veterinary Medicine at Tufts University,"
in 2005. Tufts is among the many other colleges and
universities across the country that have marked the
importance of special financial contributions by naming
schools after major benefactors.
Also
as a part of the new affiliation, two CFI trustees and
two senior-level Cummings Properties executives who
do pro bono work for CFI have been appointed to the
board of overseers of the Veterinary School. It is expected
that these volunteers will help identify specific needs
and opportunities for additional funding in future years.
CFI will be in a more advantageous position to make
large-scale grants when it converts from its present
status as a private operating foundation to a more traditional
grantmaking foundation in late 2010 or early 2011.
In
commenting upon CFI's financial contribution, Tufts'
President Lawrence S. Bacow stated, "Tufts is deeply
grateful for this extraordinary vote of confidence.
This is historic - by far the largest in our history.
We shall invest these resources wisely to strengthen
this great university."
The
Cummings organization has a very strong connection to
Tufts. Two CFI trustees received undergraduate degrees
from Tufts, and another is a graduate of Tufts Medical
School. Bill Cummings is also a Tufts trustee emeritus,
but only President Bacow and Dean Kosch currently have
any active role at Tufts. Cleary said that all votes
authorizing both the financial commitment to Tufts and
other future arrangements were completed in 2003, prior
to Bacow or Veterinary School Dean Philip Kosch's joining
CFI's board of trustees.
According
to Cleary, CFI has made numerous grants to Tufts over
many years. He said the most substantial earlier gift
was the endowment of the Cummings Family Chair in Entrepreneurship
and Business Economics. Tufts Professor George Norman
was the first holder of that chair.
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