American College of Dentists
Foundation
Foundation for the Futuresm
Information
The American College of Dentists Foundation (ACDF) is a
nonprofit, charitable 501(c)(3) public foundation supporting educational
and programmatic efforts of the American College of Dentists and
collaborating organizations. Foundation funds are derived, in large part,
from tax-deductible support from Fellows, as well as support received from
other foundations and corporations. A report of the Foundation is
published in the August issue of the College newsletter, ACD News, accompanied by a list of donors for the year. The
Foundation was established in 1972 to raise tax-deductible support for
educational, literary, and scientific initiatives to advance oral health
and the dental profession.
Most of the funds of the Foundation are provided by annual
donations from Fellows, their family and colleagues, and other friends of
the College. Other sources of support are obtained from private
organizations interested in oral health and dentistry.
Your
Foundation in Action
The Foundation provides yearly support for initiatives
implemented by its partner, the American College of Dentists. The level of
funding and the use of support are presented in an annual grant proposal
from the College. For the past few years, Foundation funds have supported
strategic and educational initiatives of the College, including the Journal
of the American College of Dentists, Annual Meeting symposia,
LeaderSkills workshops prior to the Annual Meeting, continuing education,
special conferences, and more. Recently, the Foundation has helped support
the American College of Dentists and the dental profession in a number of
ways:
-
Ethics Summit I—supported this landmark
conference of 54 different dental organizations
-
Ethics Summit II—committed support to this
sequel to Ethics Summit I which will pursue the development of the
Ethics Alliance of Oral Health Organizations
-
Ethics Summit III—supported
the Ethics Summit Initiative of Oral Health Organizations,
"Truth Claims in Dentistry"
-
Ethics Summit IV—supported
the Ethics Summit on Commercialism, a collaborative project with the
American Dental Association
-
Ethics Handbook for Dentists—provides support to
print and distribute annually nearly 5,000 copies of the Ethics
Handbook for Dentists; booklets are provided to
first-year dental students at virtually all U.S. and Canadian dental
schools
-
Dental Student Booklet—provided support to
print and distribute annually nearly 5,000 copies of the dental
student booklet, "Dentistry. A Health Profession. A
Guide to Professional Conduct."; booklets were provided to
first-year dental students at virtually all U.S. and Canadian dental
schools (booklet now combined with Ethics Handbook for Dentists)
-
Courses Online Dental Ethics (CODE)—provided start-up support to our series of online courses in dental ethics at www.dentalethics.org.
-
Dental Leadership—providing start-up support to our comprehensive leadership resource, soon to be available at www.dentalleadership.org.
-
Dr. Samuel D. Harris National Museum of Dentistry—provided
support to this national museum including the donation of a rare
bust of Dr. G.V. Black
-
ACD Executive Office—purchased the three
office condominiums currently occupied by the Executive Office of
the American College of Dentists through the "Campaign for the
90s"
-
Ethics Wallet Card—provides support to
print and distribute nearly 10,000 Ethics Wallet Cards to senior
dental students and Fellows
-
ACD Web Site—underwrites costs associated
with the ACD Web site, www.acd.org
-
Continuing Education—supports continuing
education efforts of the American College of Dentists associated
with their Annual Meeting and Summer Conferences
-
LeaderSkills Workshops—underwrites costs
associated with producing typically four LeaderSkills workshops at
each Annual Meeting
-
Symposia and Keynote Presentations—supports
Annual Meeting keynote presentations and symposia at the American
College of Dentists Annual Meeting
-
NIDCR Scientific Frontiers—supported the
"Scientific Frontiers in Clinical Dentistry" continuing
education symposia of the National Institute of Dental and
Craniofacial Research
-
Friends of NIDCR—supports the Friends of
the National Institute of Dental and Craniofacial Research
-
Oral Health America—supports Oral Health
America
-
Access to Care Workshop—sponsored,
in part, this workshop held in Chicago, August, 2005
-
Hurricane Relief Fund—supported
Hurricane Relief Fund of the ADA Health Foundation
-
Symposium on Integrity and Ethics in Dental Education—co-sponsored this symposium held in Chicago, June 2007
-
Mini-symposium to Develop Dental Ethicists—supported
this symposium held in Crystal City, Virginia, June 2007
The Foundation is vital to expanding the momentum of the
American College of Dentists and its efforts to create an environment of
opportunity for the dental profession and the oral health of society.
How
the Foundation Receives Support
The American College of Dentists Foundation receives
support in a variety of ways. Cash and securities are the primary
means of support, but there are many others, including:
-
Direct Cash Gifts
-
Gies Fellow
Program—a Fellow can become a Gies Fellow for a donation
of $1,000 or more to the endowment of the Foundation.
-
Gies Benefactor Program—a Fellow can become a Gies Benefactor for a donation
of $5,000 or more to the endowment of the Foundation.
-
Named Funds—Sections,
individuals, or corporations may create a symbolic named fund in our
endowment through a gift of $5,000 or more.
-
Memorials and Honorariums—special
recognition can be given to a friend or loved one through a memorial
or honorarium
-
Life Income Gifts—gifts of appreciated
property can generate income for the donor and have positive tax
benefits; examples include gift annuities and charitable remainder
trusts
-
Charitable Lead Trusts—property or assets
can stay in a family while the gift reduces estate taxes and
supports the Foundation
-
Life Insurance—designating the American
College of Dentists Foundation as a beneficiary of a life insurance
policy (or purchasing a new policy) strengthens the Foundation and
can provide a tax deduction
-
Retained Life Estate—occupancy of property
can be retained for life after a primary home, vacation home,
office, farm or other real property has been given to the Foundation
for future income
-
Bequests—inheritance taxes can be reduced
by designating in a will specific gifts of cash, property, or a
percentage of the remainder of your estate
-
Silent Auction—the continuing education
fund of the Foundation is helped by contributing to or participating
in the Silent Auction held during our Annual Meeting
ENDOWMENT
What is the Gies Fellow Program?
The Gies Fellow program is designed to raise support for
the endowment of the American College of Dentists Foundation. Fellows (and
others) who wish to become a Gies Fellow contribute $1,000 or more to the
endowment of our Foundation and may be payable over four years. Gies
Fellows receive a certificate and are eligible to wear a special
attachment to their pin. The Gies Fellow program will be ongoing. Those who participated before December 31, 2000, were charter participants and had their names recorded on a distinctive plaque at the Executive Office in Gaithersburg, Maryland. The Gies Fellow
program is not limited to Fellows. Spouses, others, and
organizations may participate.
What is the Gies Benefactor Program?
The Gies Benefactor program is is similar to the Gies Fellow program except that Gies Benefactors contribute $5,000 or more to the endowment, also payable over four years. Gies
Benefactors each receive a certificate and are eligible to wear a special
attachment to their pin (right).
Gies Fellow
and Gies Benefactor Summary
- Contributions are tax deductible
- Fellows contribute $1,000 (Gies Fellow) or $5,000 (Gies Benefactor) to our endowment;
payments may be made over four years, if desired
- Gies Fellows and Gies Benefactors are recognized as making substantial
contributions to our endowment
- Endowment ensures financial resources to accomplish ACD’s
mission of advancing excellence, ethics, professionalism, and leadership in
dentistry.
- Only proceeds from endowment will be used
- Gies Fellows and Gies Benefactors each receive a certificate and
a respective special attachment to their ACD pin
Why
do we need an endowment?
An endowment ensures that the American College of Dentists
has the financial resources to accomplish its mission of advancing
excellence, ethics, professionalism, and leadership in dentistry well into the future. The endowment will allow the College to undertake meaningful
programs and projects that improve our profession while helping to
maintain the College’s status as the "conscience of
dentistry."
How
will the funds of the endowment be spent?
The endowment will support a number of College activities.
Proceeds from the endowment support important College projects, current and emerging, for example:
- Courses Online Dental Ethics (CODE)—a series of complimentary online courses in dental ethics and professionalism, www.dentalethics.org
- ACD Ethics Program—a series of annual keynote-level presentations on the topic of ethics and professionalism at national dental meetings
- Ethics Summits—periodic, high-level summits on ethics and related topics
- Ethics Resource Clearinghouse—a major collection of ethics-related resources for dental schools and dental organizations
- Professional Ethics Initiative—addressing the need for more dental ethicists, standards, and certification
- Ethics Handbook for Dentists—provided complimentary to all dental students in the U.S. and Canada
- Ethics Wallet Cards—provided complimentary to all dental students in the U.S. and Canada
- Ethics Education Fund—a designated fund providing partial scholarships to dentists undertaking formal training in ethics, such as in a one-year fellowship
- Dental History—multimedia dental history resource (CD) for dental students and dentists
- Dental Leadership—a comprehensive online leadership resource, www.dentalleadership.org
- ACD Leadership Program—a series of annual keynote-level presentations on the topic of leadership at national dental meetings
- Dr. Cecelia L. Dows Scholarship Fund—a designated fund to support scholarship consistent with the College’s mission
Named Funds
Another opportunity for individuals and Sections to
contribute to our endowment is by creating a symbolic Named Fund with a
gift of $5,000 or more. This is an ideal way for Sections to honor notable
Fellows from their Sections and could include past presidents of the
College and other dignitaries.
As of October 28, 2008 there are 29 Named Funds:
Robert B. Alley Fund
Frank P. Bowyer, Jr. Fund
Marcia A. Boyd Fund
Dick and Doris Bradley Fund
Russell W. Buchert Fund
Herbert Caplan Fund
Arthur A. Dugoni Fund
Robert W. Elliott, Jr. Fund
Dr. & Mrs. Coleman Gertler Fund
Richard J. Haffner Fund
John I. Haynes Fund
Mae M. Hom Fund
B. Charles Kerkhove, Jr. Fund
I. Lawrence Kerr Fund
H. Raymond Klein Fund
Jacob J. Lippert Fund
Harvey E. Matheny Fund
Alston J. McCaslin V Fund
Edward C. McNulty Fund
Jerome B. Miller Fund
Richard A. Powell Fund
Robert T. Ragan Fund
James R. Roche Fund
Dr. & Mrs. Chester J. Schultz Fund
Chris C. Scures Fund
Thomas J. Wickliffe Fund
Section Fund Georgia
Section Fund Northern California
Section Fund Upper Midwest
The American College of Dentists Foundation works with
donors to try and maximize tax benefits. The preceding information
is not intended to provide tax advice, imply tax consequences, or solicit
contributions. Rather, it provides general information and
represents examples of ways the Foundation
receives support. Please consult your financial/tax advisors
relative to your particular situation. You are invited to contact the
Executive Office for more
information regarding the American College of Dentists Foundation and its
programs.
American College of Dentists Foundation Brochure
A brochure is availabe that summarizes the programs supported by the Foundation and giving opportunities, including the Gies Fellow and Gies Benefactor programs and symbolic Named Funds. Contact the Executive Office for more information. |