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|Dr. Thomas Q. Morris, Chairman of the NYAM Board of Trustees; Dr. Jo Ivey Boufford, NYAM President; Dr. Jeremiah Barondess, President Emeritus; Frank Savage|
On October 31, 2013, NYAM hosted a luncheon at the Century Association honoring the members of its John Stearns Legacy Society, NYAM donors who are influencing the future by establishing endowment funds or remembering NYAM in their estate plans. The society is named for John Stearns, NYAM’s first President in 1847.
The event featured NYAM Trustee Frank Savage as its keynote speaker. Mr. Savage’s remarks were titled “Reflections on a Life of Global Leadership and the Importance of Sharing Wealth and Wisdom” (an excerpt can be heard at this link). He spoke of his mother’s influence on his values as a young child, as he watched her offer food and clothing to struggling members of the community from her small shop in Washington, DC. Her powerful example gave him a lifelong commitment to being a leader and helping those less fortunate, guided by the principles of honesty, integrity, and hard work. These principles helped him build a career in finance as one of the first African-American executives to be hired by Citibank in the 1960s, and spearhead a highly successful capital campaign for Howard University, his alma mater, where he served as Chairman of the Board of Trustees. These anecdotes, and many others, are revealed in his critically acclaimed new book, The Savage Way: Successfully Navigating the Waves of Business and Life.
Today, Frank Savage is a highly accomplished global Wall Street financier with a distinguished career in international banking, corporate finance, and global investment management. He is Chairman Emeritus of Alliance Capital Management International, a division of Alliance Capital Management, a $700 billion asset management subsidiary of AXA Equitable Life Insurance Company and the current CEO of Savage Holdings, a global financial services company. Mr. Savage is also Chairman Emeritus of the The John Hopkins University SAIS Advisory Board and serves on the boards of several corporations and nonprofit organizations, including Bloomberg LP and The New York Academy of Medicine, having previously served on the boards of Lockheed Martin, Qualcomm, and the New York Philharmonic.
For more than 160 years, NYAM has been dedicated to advancing the health of people in cities. Gifts and bequests sustain this mission. Creating a fund for the future enables a donor to make a contribution that will continue to grow, have a long-range impact, and create a living memorial to a loved and respected person. For more information on giving to NYAM, contact Abigail Franklin at 212-822-7244 or firstname.lastname@example.org.
Posted on November 4, 2013
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Drawing on the lessons of Superstorm Sandy, a new report from The New York Academy of Medicine (NYAM), “Resilient Communities: Empowering Older Adults in Disasters and Daily Life,” presents an innovative set of recommendations to strengthen and connect formal and informal support systems to keep older adults safe during future disasters.
A new issue brief from NYAM, “Achieving the Triple Aim in New York State: the Potential Role of Hospital Community Benefit,” is the first in a series related to promoting a better understanding of Community Benefit in New York State and how it can advance population health.
NYAM commissioned an analysis of hospital community benefit investments by New York State hospitals. The new issue brief analyzes the reported expenditures of NYS hospitals in the categories of the IRS Schedule H report.
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