mcg foundationnews
a unified body
I am please to report that, at its meetings on October 22, 2010, the Board of Regents of the University System of Georgia approved an agreement which officially restores the MCG Foundation's affiliation with the Medical College of Georgia and the University System. This resolution was announced to the public at a joint press conference on November 1 that included Dr. Azziz and members of the MCG Foundation Board and Staff. I will report more on this announcement in an upcoming letter.
- Foundation funding supports new endowed chairs - In late 2009, we announced that the Foundation had received the funding to create four new endowed chairs at MCG. The Board of Regents of the University System of Georgia has now officially approved the establishment of the Charles W. Linder, M.D. Chair in Pediatrics, the I. Clark Case, M.D. Chair in Psychotic Disorders, the Dr. William N. and Josephine R. Agostas Chair for Internal Medicine, and the William H. Brooks Chair in Obstetrics & Gynecology.
- strong investment returns.
In June of 2008, the U.S. economy eclipsed the recession of 1981-82 for the longest lasting recession since World War II. The impact of this recession is visible everywhere, and has affected even the strongest organizations. And while the MCG Foundation is no exception, its investment returns have performed well versus its peers and the S&P 500. The Foundation's investment returns since March 31, 2009 are very encouraging as they showed a 29% return.
For more information on the MCG Foundation's investment philosophy, please visit the investment
page at www.mcgfoundation.org/investment
board
meetings

foundation ends the year in augusta
The Board of Directors met on April 24, 2011 in Augusta. 2011-12 Board of Directors meeting dates will be posted soon.
archive
mcgf "inthe news"
14 Nov, 2010Mcg's new healer
"Ricardo Azziz started making things better here before he even arrived."
1 Nov, 2010Mcg, foundation set aside their differences (augusta chronicle)
"The two-year rift between the Medical College of Georgia and the MCG Foundation is over, MCG's president announced Monday."
12 June, 2010what's in a name? (augusta chronicle)
"But doesn't it make sense now that everybody is reuniting, that the old foundation and its allies be invited back into the fold?"
15 May, 2010New mcg leader busy arranging meetings (augusta chronicle)
"He has left open the door to working again with the MCG Foundation, which had its relationship with the school ended by previous MCG President Daniel W. Rahn."
10 May 2010azziz says he will review mcg administrative pay (augusta chronicle)
"...during a visit to campus that his arrival signals a 'fresh start,' and he left open the door to working again with the MCG Foundation, which his predecessor replaced."
08 May, 2010support the sturdy mcg foundation (augusta chronicle)
"There is a golden oldie in the Baptist hymnal: The Church Has One Foundation . If one is enough for the Southern Baptist Convention, why does the Medical College of Georgia have two?"
