Investment: Philanthropy
plays a key role
Transformative gifts help shape the future
able impact on USF, and benefited the community as well. We’re so grateful for the gifts from these transformational donors, as well as all the donors whose gifts have elevated USF.” •••
TRANSFORMATIVE PHILANTHROPY has dramatically elevated USF’s trajectory. Generous donors have lent their names to some of USF’s nationally renowned colleges, creating a singular story at USF: how large-scale giving has inspired even more giving, boosted USF’s reputation — and driven economic growth in the Tampa Bay region to new heights. In fiscal year 2019-20 alone, USF generated a whopping $6.02 billion in economic impact statewide. No doubt the impact of transformative gifts has contributed to this growth. A vibrant university not only attracts industry to our region, increasing the number of high-paying jobs, but also brings life-changing research and discoveries, often brought to fruition by start-up companies and entrepreneurs. The result is a powerful blend of benefits to the greater community: students educated at the cutting-edge in myriad disciplines, graduates ready to take their places in the businesses that drive the economy, and top medical clinicians who raise the standard of care throughout Tampa Bay. To achieve all of these assets requires a major investment in the university, and those leading the transformative philanthropic charge over the past 10 years at USF include: • Carol and Frank Morsani to name the USF Health Morsani College of Medicine • Pam and Les Muma, ’66, and their naming of the Muma College of Business • USF President Emerita and Professor Judy Genshaft and husband Steven Greenbaum to construct and name the Judy Genshaft Honors College • Kate Tiedemann and spouse Ellen Cotton to name the Kate Tiedemann School of Business and Finance on the St. Petersburg campus • Dr. Kiran C. Patel and Dr. Pallavi Patel, whose gifts constructed and named the Patel College of Global Sustainability • The Taneja Family Foundation to name the Taneja College of Pharmacy The list goes on — and so does the cumulative impact of USF’s transformative giving. “Transformational giving has enormous power to shape the future, whether it’s in expanding opportunities for students or achieving new heights as a university,” says Jay Stroman, senior vice president of Advancement and Alumni Affairs and CEO of the USF Foundation. “That monumental level of generosity has made an immeasur34
UNIVERSITY of SOUTH FLORIDA
On a recent morning, Dr. Charles Lockwood, senior vice president of USF Health and dean of the Morsani College of Medicine, sat at his desk inside the stunning urban structure that houses the USF Health Morsani College of Medicine and Heart Institute. The Taneja College of Pharmacy is on target to move there in early 2023. This is a beacon of wellness anchoring the bustling Water Street sector of downtown Tampa, not far from the leading academic medical center of Tampa General Hospital, which enjoys a vibrant partnership with USF Health. The building is named for Carol and Frank Morsani, among the top donors in USF history whose presence exists prominently on the Tampa campus in the Carol and Frank Morsani Center for Advanced Healthcare. “From my perspective, there are really two types of gifts that are helpful for academic enterprises — particularly in the area of health care,” Lockwood says. “One is through gifts that allow you to build. We have this building I am in because of Frank and Carol’s gift, and that’s extraordinary. This building is an echo chamber that is creating opportunities for other people to give — such as the $10 million Philanthropists through the years: Left: Kiran and Pallavi Patel, circa 2005. Right: Clockwise from top left: Pam and Les Muma, Life Members; Steven Greenbaum and Judy Genshaft, Life Members; Manju and Jugal Taneja; Kate Tiedemann and Ellen Cotton, Life Members; and Frank, Life Member, and Carol Morsani.