Page 2          July 1999        

Regents OK distribution of endowment funds
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Regents OK distribution of endowment funds

FY '99-2000 includes $1.8 million 
for TC Medical School faculty 
who teach in clinical departments
 

The Board of Regents approved the AHC budget June 27, including the plan for distribution of $8 million in funds from the endowment created by the Legislature (refer to the Web site www.ahc.umn.edu/finance).

The plan earmarks $4.775 million for recurring program costs, including $1.8 million for salaries for Twin Cities Medical School faculty in clinical departments who teach medical students. The remaining $3.225 million is for non-recurring program costs for FY 1999-2000. The chart at right summarizes the plan.

Frank Cerra, senior vice president for health sciences, said that the allocation was based on the intent of the legislative request, which is to provide financial support for health professional education 
Distribution of endowment funds FY 1999-2000
Replacing patient care revenue Recurring Non-recurring Total
1. TC Medical: salary coverage for faculty in clinical departments $1.8 million $500,000 $2.3 million
2. Duluth: Med school teaching by clinical faculty  $125,000 $125,000
3. TC Medical: accreditation _______ $350,000 $350,000
Total $1.925 million $850,000 $2.775 million
Interscholastic education
1. Comm.-based education: program devlopment  $300,000 $400,000 $700,000
2. Center Spirituality and Healing $250,000 $100,000 $350,000
3. Technology-enhanced education $200,000 $300,000 $500,000
4. Teaching broader skills and knowledge $200,000 $200,000
5. Community-University Health Care Center $200,000 $200,000
6. SVP discretionary fund/initiative support $ 99,000 _______ $ 99,000
Total $1.049 million $1 million $2.049 million
Community
1. Rochester/AHC programs $250,000 $250,000 $500,000
2. Hibbing dental program $150,000 $175,000 $325,000
3. Expanding pharmaceutical care education and outcomes research $150,000 $125,000 $275,000
4. Improving access to cancer information $ 50,000 $250,000 $300,000
5. Expanding nurse education and outreach $125,000 $150,000 $275,000
6. Veterinary comparative medicine $125,000 $125,000 $250,000
7. SVP discretionary fund/initiative support $348,000 _______ $348,000
Total $1.198 million $1.075 million $2.273 million
Special programs
1. Allied health programs $200,000 $ 50,000  $250,000
2. Extension Service health outreach  (matching) $ 50,000 $ 50,000
3. Biomedical Library $250,000 $250,000
4. SVP discretionary fund/initiative support $353,000 _______ $353,000
Total $553,000 $350,000 $903,000
Grand total $4.775 million $3.225 million $8.0 million
programs that can no longer be funded from patient-care revenue. “It also begins the process of transitioning medical students into a non-hospital, community-based educational experience,” Cerra said.

He added that the process for determining the distribution was consultative. “We proposed a budget and consulted the AHC Deans Council and faculty governance,” he said.

Cerra praised the legislation as a “historic first step” in closing the funding gap for health professional education. However, he added that it will only provide about 50 percent of what the AHC had requested.

“Creating this endowment was a visionary action on the part of the governor and the Legislature,” Cerra said. “It is a great start, but we will need to go back for additional funding.”

He added that the AHC is beginning the process for the developing interscholastic, non-hospital, community-based education experience. “Right now, it is not clear what that will look like in the day-to-day sense. We can learn from programs in pharmacy, nursing, medicine, and public health that are using various kinds of community-based experiences,” he said. “We will bring the faculty and community teachers together to develop the models soon. We would like to have the first sites operational in the next academic year.”

—Mark Engebretson

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