New SoN Center educates tomorrow's geriatric nurses - School of ...
New SoN Center educates tomorrow's geriatric nurses - School of ...
New SoN Center educates tomorrow's geriatric nurses - School of ...
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
u <strong>of</strong> m school <strong>of</strong> nursing<br />
foundation<br />
Nursing Receives<br />
$2.5 Million to<br />
Support Scholarships<br />
Gift is second largest in <strong>SoN</strong> history<br />
The <strong>School</strong> <strong>of</strong> Nursing received a $2.5 million gift from the estate <strong>of</strong> the late<br />
Mary K. Field to support scholarships for undergraduate and pr<strong>of</strong>essional nursing<br />
students. This is the second largest gift to the <strong>School</strong> in its 99-year history.<br />
The gift has been approved for matching funds through the President’s<br />
Scholarship Program, which will double the impact <strong>of</strong> the Field Scholarship.<br />
“The <strong>School</strong> <strong>of</strong> Nursing deeply celebrates the generosity and the vision <strong>of</strong><br />
Mary K. Field,” said Dean Connie Delaney, PhD, RN, FAAN, FACMI. “The Mary K.<br />
Field and Cyrus A. Field Scholarship significantly empowers the school to<br />
address the nursing workforce shortage for entry-level <strong>nurses</strong>, advanced<br />
nurse practitioners, and nursing faculty. This gift is particularly timely as the<br />
school graduated its first classes in two new pr<strong>of</strong>essional degree programs<br />
in December 2007—the masters <strong>of</strong> nursing and the doctor <strong>of</strong> nursing practice<br />
(DNP). This scholarship, which also enhances the resources for students in the<br />
baccalaureate program <strong>of</strong>fered at the Twin Cities and Rochester campuses,<br />
will ultimately add breadth and depth to <strong>nurses</strong>—and their ability to transform<br />
health care within interpr<strong>of</strong>essional teams.”<br />
Mary Kutz Field was born and raised in Bloomington, Minnesota, where her<br />
parents were truck farmers. She graduated from Bloomington High <strong>School</strong><br />
and received her nurse’s training at Abbott-Northwestern Hospital. She became<br />
an Army nurse during World War II. Her service included caring for troops in<br />
Belgium during the Battle <strong>of</strong> the Bulge. She later became a nurse anesthetist.<br />
Mary and her husband Cyrus Adams Field met and married in Fergus<br />
Falls, Minnesota, where Cyrus practiced law. They were married for 41 years.<br />
A respected lawyer, Cyrus served as president <strong>of</strong> the Minnesota State Bar<br />
Association during the early 1960s. During their later years, the Fields relocated<br />
to Florida. Following her husband’s death, Mary remained in Florida where<br />
she passed away in June 2007 at the age <strong>of</strong> 86.<br />
In addition to the gift to <strong>SoN</strong>, the Fields’ estate also included a $250,000<br />
gift to support the general University <strong>of</strong> Minnesota Scholarship Fund.<br />
Mary and Cyrus Field have given $2.5 million to support<br />
scholarships for <strong>SoN</strong> students.<br />
President’s Scholarship Match<br />
Doubles Gift Impact<br />
Gifts <strong>of</strong> $25,000 or more that meet the qualifications are<br />
eligible for the President’s Scholarship Match. Such a gift<br />
is used to create an endowment fund. About 5 percent <strong>of</strong><br />
the fund’s market value is paid out annually to fund the<br />
scholarship. Each year, the University matches this payout<br />
to double the impact <strong>of</strong> the gift.<br />
For more information, call Laurel Mallon, <strong>SoN</strong> Director <strong>of</strong><br />
Development, at 612-624-2490<br />
Caring for Nursing’s Future<br />
Endowment funds are the financial cornerstone for the<br />
<strong>School</strong> <strong>of</strong> Nursing. They provide ongoing support for use<br />
in attracting top students, retaining world-class faculty,<br />
and fueling research and discovery. When a donor makes<br />
an endowment gift, a new fund is created and invested by<br />
the U <strong>of</strong> M Foundation to benefit the <strong>School</strong> <strong>of</strong> Nursing.<br />
Providing a dependable resource for the <strong>School</strong> <strong>of</strong> Nursing,<br />
investment returns are added back to the principal to<br />
promote growth. A portion <strong>of</strong> the fund’s value is paid<br />
annually to support the nursing program.<br />
Typical Gift Amounts for<br />
Endowed Funds*<br />
Faculty Chair . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,000,000<br />
Faculty Pr<strong>of</strong>essorship . . . . . . . . . . . . . . . . . . . . . . . . . $1,000,000<br />
Faculty Fellowship. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $500,000<br />
Named Research Fund. . . . . . . . . . . . . . . . . . . . . . . . . . $200,000<br />
Named Lecture Series. . . . . . . . . . . . . . . . . . . . . . . . . . . $100,000<br />
Named Fellowship. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $100,000<br />
Named Scholarship . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $25,000<br />
* Endowments also may be established for other purposes.<br />
42 minnesota nursing