ACOI Launches 75th Anniversary Campaign to Raise $750,000 in 2017
“We will not be able to achieve ACOI’s ambitious plan to advance and preserve osteopathic internal medicine without your generous support.
The College hopes you will see your financial investment in our future as a part of your legacy as an osteopathic internist.”
Larry Haspel, DO, MACOI, Campaign Chair
Goal - $750,000; to date $538,098 – 72% of goal (as of October 31, 2017)
Campaign Chair Launches 30 Day Challenge at the Annual Convention
Larry Haspel, Campaign Chair, launched a 30 day challenge at the 2017 ACOI Annual Convention to encourage convention attendees to make gifts of $500 or more to the 75th Anniversary Campaign. It worked! More than $55,000 in gifts and pledges were made at the convention. The 75th Anniversary Circle that honors and recognizes $1000+ donors now has 116 members.
Progress Report on ACOI’s Plan for the Future
The ACOI has carefully assessed its future and is transforming its programs, products, and services to better connect with osteopathic internists. The College plans to create and disseminate osteopathic CME course content using the latest technologies. The process for expanding our CME accreditation so we can provide credits that meet the recertification requirements of both the AOBIM and the ABIM is underway.
The College is at the fore-front of moving into a positive position in the new ACGME world. ACOI is assisting every AOA-accredited residency/fellowship program to achieve ACGME accreditation, with the ultimate goal to assist all previously AOA-accredited internal medicine programs to achieve Osteopathic Recognition.
Update: As of October 30, 67 of our internal medicine programs and 22 subspecialty programs have achieved initial accreditation from the ACGME. Crucially, we have also seen 20 programs apply for osteopathic recognition, which is so vital to the continued existence of our profession.
Campaign funds were used to hire additional staff in 2015 like Don Nelinson, PhD, who is working with the training programs and on achieving ACCME accreditation. Support is also being used to fund new technologies for CME delivery.
The next two years are a critical time. The ACOI must continue to advocate for osteopathic internal medicine and be the voice at the table for our profession. The 75th Anniversary Campaign goal of $750,000 by December 31, 2017 will provide the significant resources needed to transform the College’s programs, products and services. The funds will enable the ACOI to:
- Insure that the values of osteopathic internal medicine endure.
- Proudly model and advocate patient-centered, hands-on medicine for all physicians.
- Provide needed resources to the osteopathic internal medicine profession.
We need your support now to insure that osteopathic internal medicine continues to thrive for years to come. Our efforts are already beginning to bear fruit. The ACOI is working to enhance the products and services that enrich our members’ lives and promote the ways in which osteopathic internal medicine practice benefits the public.
The 2017-2018 year is key to our plan’s success. Highlights of the plan that is being funded by the 75th Anniversary Campaign include:
- Seeking recognition, expected by the end of 2017, from the Accreditation Council for Continuing Medical Education (ACCME) as a provider of CME that qualifies for both AOA and AMA credit, and meets the recertification requirements of both the AOBIM and the ABIM.
- Modernizing ACOI’s existing CME offerings and developing new activities that take advantage of advances in technology in order to provide ACOI members with high-quality, easily accessible, inexpensive CME. These efforts will focus on activities that assist members in obtaining and retaining board certification, as well as keeping their medical knowledge current.
- Working collaboratively with other organizations that would further the ACOI’s promotion of high-quality patient care has resulted in ACOI securing an ex officio seat on the ACGME Residency Review Committee for Internal Medicine as well as full participation in the Internal Medicine Education Advisory Board. These interactions provide the ACOI with powerful new partners and allies and afford the College the opportunity to continue to influence internal medicine residency training beyond the transition.
- Continuing to provide hands-on assistance to residency programs as they seek allopathic accreditation, and to encourage them to secure Osteopathic Recognition as they make the transition. This will assure that the distinctive osteopathic philosophy imbued in students during their medical school years will continue during residency. It is gratifying that 100 percent of the ACOI internal medicine programs that have been reviewed by the ACGME have been granted initial accreditation.
- Creating a task force to develop and communicate a plan for integrating osteopathic principles and practices into the College’s programs, products and services. The recently-completed 2017 ACOI Member Survey revealed that 47% of members use OMT at least some of the time in their practices. The ACOI Board recognizes that manual medicine, while not defining osteopathic care, should be a meaningful part of the discussion about osteopathic distinctiveness. The task force is charged with developing practical mechanisms for integrating osteopathic principles and practices into the continuum of education.
- Addressing the growing problems of stress, burnout and suicide that are the result of systemic issues affecting physicians today, the ACOI has created a task force on physician wellbeing that includes members, residents, and students. Its charge is to identify the problem and its sources, refer members to appropriate resources, and focus on fixing the causes of the problem in collaboration with other groups.
- Strengthening the AOBIM and assuring that its credentials remain viable for all who already have them, as well as those completing training. The AOBIM, a separate organization from the ACOI, is currently managed by the AOA.
The 75th Anniversary Campaign Leadership
It is critical that the 75th Anniversary Campaign be successful in raising the necessary funds to implement ACOI’s plan. The ACOI will use its reserves prudently and has allocated $250,000 to fund this effort, but we are not able to cover all of the anticipated expenses – estimated to be more than one million dollars – through traditional revenue sources. Campaign contributions will be put to use to implement our plan, not to support the College’s general operations.
Larry Haspel, DO, MACOI and Past ACOI President in 2003-2004, agreed to chair this important first-time campaign effort for the College. Martin Burke, DO, FACOI, and now the 2017-2018 ACOI President, is serving as vice chair of the campaign.
Current Campaign Committee members include the following:
Jack Bragg, DO, MACOI (Past President 2011-2012)
John Bulger, DO, MBA, FACOI (Immediate Past President)
Mike Clearfield, DO, FACOI (Past President 2009-2010)
Rob DiGiovanni, DO, FACOI (Current ACOI Board member)
Bob Good, DO, FACOI (Past President 2012-2013)
Rick Greco, DO, FACOI (Past President 2013-2014)
David Hitzeman, DO, MACOI (Past ACOI Board member)
Kevin Hubbard, DO, MACOI (Past President 2007-2008)
Judy Lightfoot, DO, FACOI (Past President 2014-2015)
Karen Nichols, DO, MA, MACOI (Past President 2000-2001)
Tony Ottaviani, DO, MS, MACOI (Past President 1998-1999)
Rick Schaller, DO, MACOI (Past President 2005-2006)
Scott Spradlin, DO, FACOI
Robert Stomel, DO, MACOI (Past President 2002-2003)
William Strampel, DO, FACOI
John Uslick, DO, MACOI (Past President 1999-2000)
Larry Wickless, DO, MACOI (Past President 1990-1991)
If you are interested in serving on the Campaign Committee and/or have questions about how to make a major gift to ACOI, please contact Brian Donadio or call 301-231-8877.
How You Can Make a Difference
The ACOI launched its most ambitious fundraising effort ever to raise $750,000 in gifts and multi-year pledges by December 31, 2017. The College is pleased to report that thanks to ACOI members we have raised 72% of our goal as of October 31, 2017. This campaign is not to build a building or establish a scholarship program, it is to fund a once-in-a-lifetime idea to benefit and preserve osteopathic internal medicine. It requires contributions far greater than those made through dues renewal and conference registrations. For the first time, the College must secure four-, five- and six-figure major gifts and pledges from individuals, medical practices, and institutions to achieve the balance of our $1,000,000 goal and we are succeeding.
The ACOI is offering a variety of ways that individuals can choose to support the campaign that will allow donors to participate with minimal impact on family and personal needs and goals.
Gifts can be made from retirement accounts, investment funds, family foundations, and donor advised funds. A number of the gifts highlighted below will benefit the ACOI and offer some possible tax savings to the donor, depending on their age and tax status. The ACOI is offering these examples and scenarios for informational purposes only, not as tax advice. We encourage individuals to seek tax advice specific to their personal situation from their financial advisors. Our campaign counsel is happy to work with members and their advisors on the best ways of making a current gift.
Ways of Giving
Making a charitable contribution can help reduce the amount of federal income tax you need to pay to the IRS. The higher the tax bracket the greater tax savings an individual receives from his/her charitable giving.
A $50,000 gift would actually cost the donor $30,200 (a tax savings of $19,800 for someone in the 39.6% tax bracket). A 25,000 gift would actually cost the donor $16,750 (a tax savings of $8,250 for someone in the 33% tax bracket).
Pledges to the 75th Anniversary Campaign can be payable over three years.
Appreciated Publicly-Traded Stock
A gift of stocks or bonds held more than a year that has grown in value, not only qualifies for a charitable contribution deduction (based on the fair market value), but also avoids capital gains tax on the appreciated portion of the gift.
A Portion of Your Required Minimum Distribution from Your IRA (for those 70 ½ or older)
Required minimum distributions from an Individual Retirement Account (IRA) are treated as income and so you must pay income taxes on them. By donating a portion or all of your minimum distribution, you will not have to take the required amount as income and pay taxes on it. Instead, you can have any amount you want – up to $100,000 – paid to ACOI by making a Qualified Charitable Distribution.
This type of gift does not qualify for a tax deduction for a charitable gift; rather you realize a savings in income taxes since you did not receive this distribution as income. In addition, the amount you have paid to ACOI will count toward the required minimum distribution that by law you must receive from your IRA beginning at 70 ½ years of age. For many who want to help ACOI, this is a win-win scenario, but planning is important. You should let us know if you want to help in this way because you need to notify your IRA administrator at least six weeks in advance and before you take your distribution.
Some possible scenarios for supporting the 75th Anniversary Campaign include:
- Outright gift or multi-year pledge
- A portion or all of your required minimum distribution (for those 70 ½ years of age)
- Gift of appreciated publicly-traded stock
For Those Who Have Been in the Profession for Many Years and Are Still Working
- Outright gift or multi-year pledge
- Gift of appreciated publicly-traded stock
For Those Who Are Newer to the Profession
- Become a monthly donor to fulfill an outright gift or multi-year pledge
- Gift of appreciated publicly-traded stock
Special recognition for 75th Anniversary Campaign donors is as follows:
$100,000 (All recognition below plus):
- Naming an appropriate space in ACOI Office
- Award named in his/her honor to benefit ACOI presented at the President’s Reception at the Annual Convention
$75,000 (All recognition below plus):
- Naming an appropriate space in ACOI Office
$50,000 (All recognition below plus):
- Receive an award at the President’s Reception at the Annual Convention
$25,000 (All recognition below plus):
- Photo and text on rolling screen at Annual Convention
- Name and photo will appear on Donor Wall of Honor at the ACOI Office
- Receive a crystal commemorative piece for home or office
$15,000 (All recognition below plus):
- Offered opportunity to do a Visiting Professor session
$10,000 (All recognition below plus):
- Name will appear on Donor Wall of Honor at the ACOI Office
- Receive commemorative plaque for home or office
- Recognized at Fellows Convocation at convention
$5,000 (All recognition below plus):
- Invited to special dinner with ACOI Board at 2017 Annual Convention
- Autographed copy of the 75th Anniversary History Book
- Recognized in ACOI print/electronic materials and on website
- Honored on the 75th Anniversary Circle Tree in the ACOI office
- Invited to donor events at the 2017 Annual Convention
75th Anniversary Campaign Honor Roll of Donors
(Outright Gifts and Multi-Year Commitments as of October 31, 2017)
In this time of great challenges in healthcare, the ACOI is poised to expand the profession’s influence and assure that the best and brightest students select careers in osteopathic internal medicine.
Evidence mounts daily that the national demand for internists is growing. There is a strong need for highly-qualified primary care internists, hospitalists, and subspecialists. ACOI answers this need by reaching out to students who are not fully aware of the career opportunities in our specialty.
In order to continue and grow programs for students, residents, and fellows, financial support is needed for ACOI’s Generational Advancement Fund. Contributions will be used for the following programs:
- Visiting Professor Program to osteopathic college campuses to educate students about internal medicine and our subspecialties
- Resident Textbook Program that provides textbooks for residents and students
- Grants to Student Internal Medicine Clubs to attend ACOI’s Annual Convention
- Mentor Program that matches practicing physicians with students
Click here to make a gift online
Our Visiting Professor Program in Action
ACOI sponsored 27 Visiting Professor lectures during the 2016-2017 academic year, thanks in part to contributions from ACOI members!
Our thanks to our Visiting Professors for making the time to speak and train medical students about internal osteopathic medicine. The students appreciate ACOI helping to arrange these sessions. WesternU’s SOIMA’s Co-President, Candice Wang, writes “We learned so much from Dr. Hasty and really enjoyed his presentation.” Here are a few recent Visiting Professor programs held:
ACOI President John R. Sutton, DO, FACOI at TouroNV-COM with Justin Do, OMS-II, Club President Kenneth Snyder, OMS-II; advisor Paul Kalekas, DO, and Aruba Ahmed, OMS-II.
ACOI Past President Robert G. Good, DO, FACOI at Marian University College of Osteopathic Medicine with the outgoing and incoming student leaders.
Front Row - Hinduja Nallamala (OMS1), Zoe Johnson (OMS1), Dr. Good, Katie Adlam (OMS2), Taylor Hatch (OMS1), Wendy Forrest (OMS1); Back Row - Kenan Alibegovic (OMS1), Greg Rothchild (OMS1), Adam Davis (OMS2), Blake Christy (OMS2), Austin Atherton (OMS2), Nathan Buckley (OMS2), Tim McCall (OMS2), Garrett Muhlstadt (OMS1).
WesternU's SOIMA E-Board with Dr. Hasty: First row (l – r): Briana Segovia, Candice Wang, Amy Tran, Yasir Salih; Back row (l – r): Kunal Thaker, Gene Yoo, Yi Lei, Amir Patel.
Your Gift to the Generational Advancement Fund Makes a Difference
ACOI is committed to the future of a distinctive osteopathic practice of internal medicine and to strengthening and expanding our very successful generational advancement programs so that future generations can carry on our osteopathic traditions and practices. This commitment requires financial support over and above ACOI dues so we can continue to make a difference in providing high quality care to patients.
WesternU 2nd year medical students host Dr. Dery via ACOI’s Visiting Professor Program. Pictured L to R – Julia Minasian, Dr. Dery, Priya Patel, Joyce Hsiao, Byron Rastegari
Here is what the SOIMA Club Vice-President, Julia Minasian, said about ACOI’s Visiting Professor Program this year:
“Overall, we have been very impressed with the program. Susan Stacy and Katie Allen at ACOI facilitate and make the process so easy. They are a big part of the reason why we as students can manage to plan such an event and really have such wonderful, insightful physicians visit our campus. The program allows us to see what is to come in our future, helps us understand the inner workings of IM, and exposes us to high quality physicians who are passionate about the field. They are inspired, original, and authentic speakers who have made their mark in their field and in their local communities in various ways.
ACOI member contributions help ensure that this legacy continues as we strive to emulate the success and compassion shown to us by our visiting professors. Hopefully, we will be able to give back to the program as we advance our careers and return to inspire, through education, those seeking the IM profession.”
Why I Choose to Give to the ACOI
“I support the Generational Advancement Fund (GAF) because it reflects what is important to me – educating the next generation of osteopathic internists. Gifts to the GAF support textbook vouchers for students that attend the annual convention, provide funding to have more ACOI members participate in the Visiting Professor Program, and benefit students and residents. The Visiting Professor Program provides opportunities to promote the importance of the ACOI to potential new members.” - Keith A. Reich, DO, FACOI, FACR, RhMSUS
“I believe it is every members’ responsibility to support the College in some way. It is important to show members where their contributions are being used. ACOI won’t be able to grow and address the issues it faces in the future if it doesn’t have the additional resources needed.” - Pamela Gardner, DO, FACC, FACOI
“I contribute to the ACOI because I want to give back. As for donating my speaker honoraria, it is because I so enjoy speaking and teaching that I don’t see my honoraria as my compensation, but as another way to give back and help the ACOI do what it needs to do. I encourage ACOI members to get involved in the College because I think everyone can make a difference at the ACOI.”
- Amita Vasoya, DO, FACOI
“I donate my speaker honorariums because I believe it complements my support of the ACOI with its future needs. I am passionate about the dynamics of health care and the need for an exchange of ideas and perspectives from other physicians. The ACOI is an ideal platform to accomplish this exchange. My hope is that my passion will affect other members of the College to continue this process." - Scott Spradlin, DO, FACOI
“My service to ACOI is my way of giving back to the profession. I wouldn’t be where I am today without ACOI since it enabled me to follow paths not allowed in allopathic medicine. Over the years, I have had amazing opportunities to network with members of our profession who are experienced, approachable, and open to new ideas. My giving is another example of giving back. I choose to donate part of my speaker honorariums each year so that ACOI has additional funds to do what is needed.” – Gerald W. Blackburn, DO, MACOI
Through Your Support for the 75th Anniversary Campaign, Generational Advancement Fund and Capital Replacement Fund, ACOI will be able to:
- Help preserve a distinctive osteopathic practice of internal medicine for the future
- Utilize latest technologies to provide high-quality, easily accessible, and inexpensive CME offerings for our members
- Assist all of our programs to achieve ACGME accreditation and encourage and assist them to maintain their osteopathic focus
- Integrate osteopathic principles and practices into the ACOI’s educational programs, products and services
- Expand the Visiting Professor Program to expose every osteopathic student to successful DO internist role models
- Increase the amount of support available for students to attend the annual convention and scientific sessions so they can experience our premier meeting firsthand
Ways of Giving
There are a number of ways you can make a gift to the ACOI:
- Click here to make a gift online.
- Send a check to Katie Allen, ACOI, 11400 Rockville Pike, Suite 801, Rockville, MD 20852.
- Add a contribution when renewing your annual dues.
- Add a contribution when registering for the ACOI Annual Convention or other educational conferences.
- For information on how to make a gift of stock, please contact Brian Donadio, Executive Director, at 301-231-8877 or via email at firstname.lastname@example.org.
- Make a gift in honor or memory of a colleague, mentor, teacher, or someone who has been important to your career or personally. Be certain to include the complete name and address of the honoree or their next of kin so ACOI can inform them of your recognition. Click here.
Securing ACOI’s Future through a Legacy Gift
The most popular way generous people help the American College of Osteopathic Internists is with an outright gift of cash or stock. However, some find that they can also help by making a legacy gift which is a wise investment for securing the College’s future. It enables ACOI to plan long-term for strategic activities such as developing new initiatives critical to osteopathic internal medicine, creating more educational and training programs, and expanding outreach programs. With a secure financial base, ACOI can be more innovative and creative in cultivating new frontiers and serving the needs of its members.
A legacy gift can even be designed to obtain current income and estate tax advantages. It can also provide income to you or your loved ones for life. Although many complex options are available, there are simple options easily created through estate planning vehicles.
A donor may never see his/her legacy gift bear fruit, but he/she will know that the legacy, along with his values and beliefs, will have an impact on future generations. Through legacy giving, ACOI’s mission and vision are strengthened, regardless of the challenges that may lie ahead.
To recognize and honor ACOI leaders and members who include ACOI in their will or estate plans, the Legacy Society was created. These legacy donors are giving back to ACOI while at the same time helping to secure the College’s future.
ACOI Wishes to Thank and Recognize the
Legacy Society's Charter Members
(as of October 31, 2017)
- Dr. Jack and Jocelyn Bragg
- Dr. John and Dr. Michelle Bulger
- Dr. Mathew and Marbree Hardee
- Dr. David and Rita Hitzeman
- Dr. Robert and Donna Juhasz
- Dr. Karen and Jim Nichols
- Dr. Eugene and Elena Oliveri
- Dr. Frederick and Amy Schaller
“ACOI support was there for me as my practice grew and is there for me now as my teaching and work as a Dean unfolds. To keep programs that support the education and training of osteopathic internists, medical students and residents strong, and to provide for future programs that will shape ACOI for new members, bequest provisions or other estate plan gifts will insure that financial support will be there for our future. I’m glad that when we were drafting our estate plan Jim and I included a provision for ACOI, and hope that every member will consider joining us in doing so.”
- Karen J. Nichols, DO, MA, MACOI
“As a Past President of ACOI, I knew firsthand what the College did for the members. I could see that osteopathic internal medicine had a bright future. Including ACOI in my will allowed me to demonstrate my commitment to the College and its financial security. My annual gifts to the Generational Advancement Fund help ACOI provide support to medical students and residents, which help to advance the next generation of osteopathic internists.”
– Jack D. Bragg, DO, FACOI
" I know I am considerably younger than others who have included ACOI in their will. Since I was just starting my career, it was my wife who felt we should take advantage of an estate-planning program that ACOI was providing to its members. We wanted to make good financial decisions from the start, and getting free advice seemed like a good way to start. At some point during the process, we were asked if we would consider including ACOI in my will. My wife and I said yes because of what the College has done for me.”
– Matthew R. Hardee, DO, FACOI
“I was on the ACOI Board when the College first promoted planned gifts. My wife and I took advantage of the services that the College offered and created our estate plan. We continue to work with a financial advisor that we met at that time. As a board member, I saw what the College would need in the future to maintain and grow. I saw making a planned gift to help secure ACOI’s future as a way to give back to the profession in addition to my teaching, speaking, and committee involvement.”
- David F. Hitzeman, DO, MACOI
Types of Planned Gifts to Consider
By naming the College in your will you can give general support or name a specific program or service you want to help. Most people provide a percentage of what’s left after they have made provision for their family. A fixed dollar amount can be mentioned as well, but some find that a percentage is easier and doesn’t need to be reviewed as time goes by.
For those who might be interested in including ACOI in their wills or estate plans, here is the official language to use:
“I give, devise, and bequeath to the American College of Osteopathic Internists, a tax-exempt organization, located at 11400 Rockville Pike, Suite 801, Rockville, Maryland 20852, the sum of $__________ or percentage of (cash, real or personal property herein described) to be used for the specific purpose of ________________ or general purpose of the American College of Osteopathic Internists at the discretion of its board of directors.
Charitable Gift Annuity
By establishing this special gift arrangement, often called the gift that gives back, donors receive a generous tax deduction and get money back for themselves or for themselves and one other (usually a spouse) at an attractive interest rate for their entire life. You can ask for a confidential personalized illustration of how this can work for you, particularly now with low-paying CDs and low interest rates. For younger ACOI members, establishing a deferred gift annuity can provide supplemental retirement funds in the future.
Retirement Plan Proceeds
By naming ACOI the recipient of retirement plan proceeds many can avoid negative estate tax consequences while helping others and providing heirs with other less-taxed assets. You can ask ACOI to see if this can reduce your estate tax liability.
By establishing one of several different types of trusts with either fixed or variable payments, savvy ACOI donors dramatically reduce their estate taxes, avoid probate, shelter funds for themselves and their family and receive a generous tax deduction. Ask ACOI how and for a confidential personalized financial illustration that will be tailored to your unique situation or needs.
Real Estate, Homes or Vacation Property
By donating a house or property you no longer need, you will receive a generous tax deduction based on its full market value. By keeping the right to live in your home for life or until you no longer need it, you can stay in it and receive a generous tax deduction. Ask ACOI to show you how this can work for you.
Many people have insurance policies they no longer need. By making ACOI the owner and beneficiary, you will receive an immediate tax deduction and the joy of knowing that what once gave you and your family peace of mind will now help others. Ask ACOI how this can work for you.
Our staff and planned giving counsel are ready to provide confidential information on ways you can help yourself and your family, while making gifts that will go on to help ACOI and others. For more information or to schedule a consultation with our planned giving counsel, call Brian Donadio, FACOI, at 301-231-8877 or email him at bjd@ACOI.org with any questions you might have.
For more information on the various types of planned gifts, please contact Katie Allen (email@example.com) to order copies of various gift planning pamphlets now available: Gifts of Securities; Your Will to Help; The Gift Annuity; Ideas for Retirement; A Special Beneficiary; Art of Gift Planning; When the Time Comes; Your IRA Legacy; Remarkable Unitrusts; Bequeath Your Values; Planning for Women.
Honor Roll of Donors (July 1, 2016 - June 30, 2017)
Record Year for Contributions to ACOI!
The ACOI is most grateful to those members and others who contributed $100 or more in our last fiscal year. Donations are used to fund ACOI’s plan for the future, to train and mentor osteopathic medical students and residents through the Visiting Professor Program, to offer vouchers in the Resident Textbook Program, and to provide financial assistance to student medicine clubs to attend the ACOI Convention. Contributions totaling $250,000 during our last fiscal year (July 1, 2016 – June 30, 2017) were received towards these efforts. (Please note: this list does not include hundreds of members who contributed less than $100.)
David Addley, DO
Thomas Haffey, DO
Keith Reich, DO