Johns Hopkins University Financial Report 2002







	Engineering The Whiting School of Engineering continues to strengthen its environmental reach throughout the Northeast. With the newly established Center for Hazardous Substances in Urban Environments, environmental engineering professor Ed Bouwer and team will research how chemicals move from waste sites to soil, groundwater, air, and surface water. Such issues are key to the redevelopment of many former industrial areas in the nation’s inner cities, such as Wagner’s Point in Baltimore (pictured). In another example of the far-reaching effects of engineering research, mechanical engineering professor Allison Okamura is developing haptic robotics— mimicking the human sense of touch. The development of this new generation of robotics will enable cooperative robot-human surgical procedures, and even autonomous robotic surgical procedures. Dr. Okamura is also developing a computer-based, virtual surgical environment that will allow surgeons to practice their techniques in advance of surgery. Haptic robotics research has the capability to revolutionize modern surgical techniques on a global scale. Public Health As the nation’s oldest, largest, and most academically acclaimed school of its kind, the Johns Hopkins Bloomberg School of Public Health has some of the world’s leading scientists and researchers in the fields of biomedical science, public health law, vaccine research, and health policy. Since September 11, 2001 and the anthrax terrorist attacks, these specialties have been in great demand. The school has responded by dedicating its collective science and expertise to bolster the nation’s public health preparedness. A coalition of school researchers has already made a significant impact in protecting health by gauging the power of antibiotics to blunt the anthrax outbreak, developing model emergency public health laws for states, advising key U.S. government officials on the science behind bioterrorism, educating health authorities about public health preparedness, and helping in many other areas. A longtime proponent of biopreparedness, the school’s Center for Civilian Biodefense Strategies has published important research on biological agents and counseled government officials on improving public health infrastructure. Through its unparalleled research expertise, the school has emerged as a vital national public health resource. Music “The cranes dance with the melodious music. The birds sing as the flowers bloom. May you be blessed with happiness.” Those joyous words are from a piece of calligraphy commissioned to celebrate the signing of an agreement between the National University of Singapore (NUS) and the Peabody Institute. The two institutions are collaborating to create the Singapore Conservatory of Music on the NUS campus. Peabody is the first American conservatory to enter into such an agreement with a major research university in Asia. Peabody director Robert Sirota observes that “Peabody faculty are enthusiastic about extending and strengthening our ties in the Asia Pacific region. As well as viewing this venture as a mutually profitable business partnership, we look forward to a synergistic, cross-cultural impact for both our institutions.” Peabody’s former dean, Steven Baxter, became director of the Singapore Conservatory of Music as of January 1, 2002. Initially, many Peabody faculty members will be traveling to Singapore to teach at the new conservatory, which is expected to open in July 2003 and draw students from the entire region. Peabody administrators will help set up criteria for faculty recruitment and student admissions to ensure world-class standards of excellence. The initial agreement is for a six- year period, but collaborations are expected to increase beyond that start-up period. It is envisaged that they will include faculty residencies, a student exchange program, a graduate program, the use of technology for distance learning exchanges, and other initiatives. The signing ceremony was attended by three Singapore government ministers, including Deputy Prime Minister Tony Tan, who commented: “Peabody is an acknowledged leader in the cultural life of Maryland and has built up a reputation that is truly international.”		During fiscal year 2002, Johns Hopkins received a history-making commitment of $150 million for cancer research and clinical care, and publicly launched a new campaign with a goal of $2 billion. Significant Campaign Progress The Campaign for Johns Hopkins: Knowledge for the World was publicly announced on May 4, 2002, with more than 36% of the $2 billion goal already committed; the total committed had increased to 39% of the goal by the close of fiscal year 2002. May 4 also marked the dedication of the Sidney Kimmel Comprehensive Cancer Center, named in honor of Philadelphia businessman Sidney Kimmel, whose $150 million commitment is the largest single gift in the history of Johns Hopkins. The Knowledge for the World campaign is headed by trustees J. Barclay Knapp, George L. Bunting Jr., and Gail J. McGovern. The “quiet phase” of the campaign began on July 1, 2000, just one day after the conclusion of the $1.52 billion Johns Hopkins Initiative. Johns Hopkins is one of the first major American higher education institutions to mount such back-to-back campaigns. In announcing the new campaign, University President William R. Brody said: “We seek to build on the momentum of our last campaign to address both the unprecedented opportunities and unprecedented challenges before us. We pledge a ‘return on investment’ that will make Hopkins’ philanthropic partners proud to be part of one of the world’s great enterprises.” The campaign addresses priorities in all the academic divisions of the University, as well as several of its centers and institutes. Half of the $2 billion goal is sought for priorities at Johns Hopkins Medicine, which encompasses the School of Medicine and the Johns Hopkins Hospital and Health System. Campaign priorities include building and upgrading facilities on all campuses; advancing research, academic, and clinical initiatives; and strengthening endowments for student aid and faculty support. While private gifts in recent years have added greatly to Johns Hopkins’ endowment, the annual income from endowment still provides a far smaller percentage of operating costs than at many peer institutions. Capital priorities at Johns Hopkins Medicine include new research buildings, a new children’s and maternal hospital, and a cardiovascular and critical care hospital. Elsewhere, capital priorities include completion of campus renovations at the Peabody Institute and renovation of Gilman Hall at the Krieger School of Arts and Sciences. During fiscal year 2002, $373.3 million was committed to the campaign, bringing total commitments to the campaign (over the course of two fiscal years) to $782.3 million. More than one-fourth of the total is earmarked for endowment. Commitments from alumni account for 33% of total campaign commitments; 30% has come from friends, 26% from foundations, 7% from organizations, and 4% from corporations. These campaign commitments are designated as follows: 49% for program support, 24% for research, 11% for facilities and instrumentation, 7% for faculty support, and 5% for student aid. An additional 4% was for unrestricted use. Near-Record FY 2002 Gifts and Pledges Totals for both cash receipts and new commitments in fiscal year 2002 were the second-highest in the history of Johns Hopkins. The cash total—which includes outright gifts plus pledge payments received during FY 2002—was $319 million. The total for new commitments—which includes outright gifts plus new pledges made during FY 2002—totaled $373 million. Both figures were only slightly below the remarkable records set in fiscal year 2001. Leadership and principal commitments during fiscal year 2002—in addition to the $150 million pledged by Jones Apparel Group founder Sidney Kimmel—included: At Johns Hopkins Medicine, $15 million from a friend of Johns Hopkins Medicine for cancer research; $5 million from Hopkins trustee emeritus Harvey Meyerhoff and his children to support inflammatory bowel disease research and treatment; $2 million from Medicine friends to create a professorship in cardiology; $1.8 million from the W. M. Keck Foundation for the basic sciences at the School of Medicine; and up to $10 million from the Robert Garrett Fund for the Surgical Treatment of Children toward construction of a new children’s and maternal hospital building. A $9.9 million grant from the Pew Charitable Trusts to the Phoebe R. Berman Bioethics Institute to establish the Genetics and Public Policy Center More than $3 million from trustee emeritus and presidential counselor Ralph S. O’Connor—in addition to his earlier substantial support—for the new recreation center named in his honor $5 million from the Leonard Stulman and Helen R. Stulman Charitable Foundation to establish a Jewish Studies Program at the Krieger School of Arts and Sciences $3 million from a trustee for a bioethics professorship at the School of Nursing and initiatives at Johns Hopkins Medicine Two $1 million gifts to the Whiting School of Engineering to support biomedical engineering A $1.3 million planned gift to the Sheridan Libraries to endow a fund for acquisitions in the humanities $1.6 million from the Goldman Sachs Foundation to the Center for Talented Youth to expand its support for high-achieving youngsters from underrepresented backgrounds to enroll in the center’s programs $1.5 million from two trustees to support the creation of a Society of Black Alumni Professorship for Prominent Scholars $1.4 million to the Institute for Policy Studies from the William and Flora Hewlett Foundation to support development of a management information system focused on the foundation’s programs promoting responsible fatherhood $1 million from the Lipitz Family Foundation to establish the Center for Health Policy and Practice at the Bloomberg School of Public Health, which will focus on assuring that faculty discoveries are rapidly translated into policies and practice $975,000 from the Freeman Foundation to the Nitze School of Advanced International Studies to support Southeast Asia Studies Increased Alumni Involvement Programs and outreach by the Johns Hopkins Alumni Office dramatically increased alumni involvement during FY 2002. More than 7,500 individuals attended 168 alumni chapter events around the world; 385 individuals participated in Hopkins-sponsored international travel programs; and more than 2,000 alumni were active as University volunteers. Twenty-one alumni and friends were honored with awards from the Alumni Association.
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