The Jefferson 2000 Fund
Charitable Estate Planning Benefits JMC
The charitable estate planning of Jefferson Medical College (JMC) alumni,
their families and other friends of Jefferson will benefit JMC students
through fellowships, scholarships and unrestricted funds. Recent bequests
and gifts have added more than $6.5 million to The Jefferson 2000 Fund.
The late Alfred W. Dubbs, MD, JMC '31, his mother, Sallie B. Dubbs, and
his sister, Mignon W. Dubbs, established living trusts to support graduate
fellows at JMC. The Dubbs trusts are valued at more than $2 million.
Scholarship aid for JMC students is the focus of a trust established by
Carl M. Hadley, MD, JMC '25, that will provide $250,000. Dr. Hadley, who
died recently at the age of 96, had given generously to his alma mater for
Shortly before his death, Dr. Hadley made an additional gift of $250,000
specifically to help medical students through JMC scholarships. He also
gave $20,000 in unrestricted funds to JMC. Dr. Hadley and his late wife,
Wava E. Hadley, were among the early contributors to Jefferson's Pooled
Life Income Fund, which has provided a number of large gifts to JMC over
More than $1.5 million will be used for JMC scholarships through the estate
of Paula B. O'Dowd, while another $1.5 million will eventually be available
for unrestricted use by JMC through a trust established by the late Robert
E. Lau, MD, JMC '42.
William Winick, MD, JMC '35, and his wife, Ida M. Winick, established trusts
that, since their deaths, are valued at more than $1 million. These funds
are also for unrestricted use by JMC.
"These alumni, families and friends have taken advantage of charitable
gift planning opportunities that are encouraged by the law, particularly
from an income, gift and estate tax point of view," said Francis J.
McGovern, director of development for gift planning at Thomas Jefferson
University. "The most important part of the planning process in these
cases is that the donors were able to make substantial gifts not only to
support the work of JMC, but also to provide for themselves and their loved
Through proper use of government-provided tax incentives, the generosity
and loyalty of these donors perpetuate their commitment to Jefferson far
into the future and will help JMC to continue providing financial aid and
quality medical education to its students. More than 80 percent of the unrestricted
charitable gifts Jefferson receives comes through the charitable estate
and financial planning process.