 |
 |
|||||||||||||||||||||
 |
||||||||||||||||||||||
WINTER 2007
|
VOLUME 1, NUMBER 4
|
|||||||||||||||||||||
 |
Styled as “An Evening for Sharing,” the event was a wonderful November evening at the new Nerman Museum of Contemporary Art and Regnier Center for Business and Technology on the campus of Johnson County Community College. It was one of the very first community events in the new buildings. Guests were treated to the wonderful experience of walking the halls and galleries of the museum and visiting the art, particularly the pieces in the Oppenheimer Gallery and Collection. The program included thoughtful presentations by Jerry Nerman and Bob Regnier, principal benefactors of the buildings that carry their respective family names. The PrivateBank’s own Tony Oppenheimer provided additional comments about generational philanthropy. Tony, his wife Marti and his family foundation, the Oppenheimer Brothers Foundation, are responsible for much of the art on display at the Johnson County Community College. According to Corey Ziegler, executive director of the Community Foundation of Johnson County, “Individuals, families and corporations can establish a charitable fund and suggest grants from their fund to benefit those non-profit organizations they wish to support.”
Donors get the recognition of having a foundation without the complicated rules and procedures that go along with setting up a separate private foundation. Meanwhile, the funds are managed and invested so that the donor’s fund can grow. Working with the Community Foundation, donors can manage and change their investments online at any time. All financial record keeping, accounting and reporting is taken care of by the Community Foundation. The Foundation makes sure that every philanthropic investment returns the greatest emotional, civic and financial benefit possible. Ziegler said, “Each donor is asked, 'What is important to you?' at the outset of the relationship. By empowering each donor to suggest grants that are meaningful to them, the donors can see the intent of their charitable investment realized.” The Community Foundation of Johnson County works to become and remain aware of and knowledgeable about the needs of the community. Their expertise serves as a basis of creating a solid, meaningful charitable giving plan for each donor, one that brings resources together for the betterment of the community. All Evening for Sharing photos courtesy Susan McSpadden Photography.
Bob Regnier
H. Tony Oppenheimer
Jerry Nerman, Dr. Terry Callaway (R to L)
Dr. Jerry Baird
Schramm, Litan Feted at The PrivateBank’s Reception Honoring Their Best Selling Book, “Good Capitalism/Bad Capitalism”Carl Schramm, President and Robert Litan, Vice President of Research and Policy, two of the principal operating officers of the Kauffman Foundation, were guests of honor at a reception The PrivateBank held to recognize their contribution to the body of entrepreneurial knowledge in their best selling work, Good Capitalism/Bad Capitalism, 2007 Yale University Press. The work explores the elements of successful entrepreneurial ventures in the world. Their remarks to the group of nearly 100 guests focused on the good fortune of Kansas City in having so many successful entrepreneurs to help teach, build and maintain the economic well being of the community and its residents.
The work, characterized as “trailblazing”, identifies a mix of types as ideal for growth. Imagine this: a mere century ago, the purchasing power of an average American was one-tenth of what it is today. But what will it take to sustain that growth through the next century? And what can be said about economic growth to aspiring nations seeking higher standards of living for their citizens? In this important book, the authors, Schramm, Litan and William Baumol (New York University) contend that the answers to these questions lie within capitalist economies, though many observers make the mistake of believing that "capitalism" is of a single kind. Writing in an accessible style, the authors dispel that myth, documenting four different varieties of capitalism, some "Good" and some "Bad" for growth. They identify the conditions that characterize Good Capitalism—the right blend of entrepreneurial and established firms, which can vary among countries—as well as the features of Bad Capitalism. They examine how countries catching up to the United States can move faster toward the economic frontier, while laying out the need for the United States itself to stick to and reinforce the recipe for growth that has enabled it to be the leading economic force in the world. This path breaking book is for anyone who cares about global growth and how to ensure America's entrepreneurial future. The authors contend that the keys to eradicating world poverty, increasing standards of living, and fueling economic growth lie with capitalist economies—yet contrary to conventional wisdom, capitalism is not a "one size fits all" proposition. Seizing on the growing interest in economic development worldwide, economists Baumol, Litan, and Schramm explain that some forms of capitalism are good for growth, while others can actually hamper growth. Good Capitalism, Bad Capitalism's three illustrious authors identify four distinct types of capitalism in this trailblazing book: state-guided, oligarchic, big firm and entrepreneurial. These four types of capitalism are all present, in a variety of combinations, throughout the world; Baumol, Litan and Schramm conclude that the key to economic development is a unique mix of entrepreneurial capitalism, which has proved to be the most conducive to radical innovation, and big firm capitalism, which is necessary to mass-produce and commercialize those innovations. The authors apply their conclusions through in-depth studies of a number of economies—India's, China's, Russia's, and Israel's among them—and discuss the broad means that may move these countries toward the ultimate goal of more entrepreneurial, prosperous economic systems. The United States is not exempt from scrutiny in this book: Baumol, Litan and Schramm also address how America can maintain its position of entrepreneurial leadership given the fact that many other countries are making rapid gains in the areas of our traditional strengths. Good Capitalism, Bad Capitalism offers invaluable insights for anyone interested in global economic growth and in America's economic future. At this exciting event, we were pleased to have with us Robert Mandell, Chairman of PrivateBancorp, parent of The PrivateBank. Mandell has been recognized as an outstanding entrepreneur in the financial arena for the Chicago area as recipient of the Ernst & Young Entrepreneurs Award, a distinguished worldwide competition sponsored by the Kauffman Foundation. The PrivateBank - Chicago and Mandell, it's CEO, were named the 2007 recipient of the Operation HOPE Chairman's Award. In an announcement made October 19, the award was presented in a ceremony in Chicago by HOPE founder, chairman and CEO John Hope Bryant.
Mr. Mandell was cited for The Private Bank's founding Chicago area sponsorship of HOPE's financial literacy program, Banking on Our Future. Through Mr. Mandell's leadership and The PrivateBank's recruiting of over 38 HOPE Corps volunteers, the program has educated more than 800 Chicago area students in the basics of banking. To date, Banking on Our Future has provided training to some 33,000 students in the Midwest and more than 250,000 children nationally. The Operation HOPE program began in the Chicago area when Mr. Bryant established a program for funding financial literacy in honor of talk show host Oprah Winfrey, after he received the Oprah Use Your Life Award in 2001. The PrivateBank - Chicago, a unit of PrivateBancorp, Inc. (Nasdaq: PVTB), provides distinctive, highly personalized premium financial services primarily to privately held business, affluent individuals, wealthy families, professionals, entrepreneurs and real estate investors for their personal and professional interests. The PrivateBank uses a European tradition of "private banking" as a model to develop lifetime relationships with its clients. Through a team of highly qualified managing directors, The PrivateBank tailors products and services to meet each client's personal and commercial banking and wealth management needs. The Company has 18 offices located in the Atlanta, Chicago, Detroit, Milwaukee, St. Louis, and Kansas City metropolitan areas.
KU Medical Center Receives Major Gift Focused On Services For Breast Cancer Survivors
The program was introduced to the community at an opening weekend November 16-17 generously underwritten by The PrivateBank. The weekend featured an Opening Reception in honor of Dr. Patricia Ganz of UCLA Hospital, one of the premier authorities on the survival of breast cancer, Dr. Carol Fabian, medical director of the KU Center and Dr. Jennifer Klemp, Administrative Director of the KU Center. The Friday night reception for over 200 attendees was followed Saturday morning with a series of seminars on important topics related to breast cancer survival and care.
The survivorship program offers improved services for women such as genetic counseling and testing, management of menopausal symptoms, surveillance for cancer recurrence and targeted monitoring for side effects related to late treatments. In addition, it offers new fertility preservation programs and diet and exercise interventions. Survivors can utilize these services by collaborating with their physician, family members and appropriate allied health personnel. “This is the first comprehensive medical model for survivorship in Kansas and Missouri. It is located in the KU Hospital Cancer Center’s new Westwood facility,” said Dr. Fabian. Only KU Medical Center patients will be eligible for the program in its first year, but after that the Breast Cancer Survivorship Center will open its doors to the entire community.
Funds were raised for several survivorship programs during Back in the Swing’s Retail Therapy 2006. Last fall, individuals who purchased a $25 shopping card from Back in the Swing received up to 20 percent off at more than 700 metropolitan shops and restaurants. Funds raised during Retail Therapy Week 2007 Oct. 10-14 were distributed to seven area support programs including the KU Center. The 2007 campaign was supported by a major matching gift from the Hall Family Foundation. Back in the Swing is a nonprofit organization dedicated to promoting healthy, proactive and joyful living through innovative fundraising events, inspiring survivorship programs and clinical research in an academic medical setting. Founded in 2000 by Barbara Unell, a breast cancer survivor, the initiative has raised and distributed nearly $1 million by its “all volunteer army” of supporters. Back in the Swing focuses exclusively on the survivor in partnership with supporters of breast cancer survivors across the greater Kansas City metro area and the staff of the Greater Kansas City Community Foundation. The program is being exported to Chicago in 2008 where Rush Hospital will collaborate in the effort.
It is the only organization involved in fund-raising to promote well-being services, reaching Kansas Citians in every corner of the community every day through multi-media messages—outdoor, store signage, radio, television, printed brochures and store directories, as well as an 8-page Kansas City Star Special Section reaching over 200,000 households across the Metro. Those who participate save lives and save money. For more information, visit www.backintheswing.org. The gift to the KU Center will be managed by KU Endowment, an independent, nonprofit organization serving as the official fundraising and fund-management organization for KU. Founded in 1891, KU Endowment is the first foundation of its kind at a U.S. public university. Adapted from a KU News Release 
|
|||||||||||||||||||||
 |
|
|||||||||||||||||||||
 |
 |
|||||||||||||||||||||
Fairway, Kan.—Dealing with cancer doesn’t end after the doctor says “you’re clear.” Thanks to Back In the Swing, a Kansas City, Mo.-based nonprofit organization founded by Barbara and Bob Unell, breast cancer survivors won’t be alone after beating cancer. Back in the Swing has raised over $1 million and donated nearly $300,000 of its funds to create the Breast Cancer Survivorship model program at the University of Kansas Cancer Center. 
