synapse: University of Nevada, Reno School of Medicine
Faculty Donations Improving Student Futures
Story by Jordan Miszlay
University of Nevada School of Medicine faculty members Carol Cheney, M.D. and Joshua Bardin, M.D. have established a planned gift that will support future medical students. Recipients of the Dr. Joshua Bardin and Dr. Carol Cheney Medical Student Scholarship Endowment will be pursuing a degree in medicine and demonstrate financial need.
"Faculty support is special. It speaks volumes to a community when faculty also choose to give back to the institution they serve through philanthropy," said Seema Donahoe, associate director of development and alumni relations at the medical school.
It is Cheney and Bardin's commitment to the education of future generations of medical students that inspired their generous donation that will help students complete their studies and pursue their career dreams.
"The cost of medical school is excessive. Graduates have enormous debt, and it shapes their career choices. Sometimes they tend to pick a career that will allow them to pay off their debt rather than one that is most needed by society or that they find most interesting," said Bardin.
Bardin, an anatomy instructor and retired vascular surgeon, and Cheney, an endocrinologist, believe there is an enormous need for scholarship opportunities. Scholarships, like the Dr. Joshua Bardin and Dr. Carol Cheney Medical Student Scholarship Endowment, are instrumental to the success of University of Nevada School of Medicine students, because many will incur a significant amount of debt when pursuing a medical education. On average, students attending the School of Medicine have about $166,000 of debt upon their graduation.
"All medical students are outstanding students and exceptionally high achievers, so awards will be based on need," explained Bardin.
"We both feel a sense of commitment to the future of this medical school," said Bardin.
The Dr. Joshua Bardin and Dr. Carol Cheney Medical Student Scholarship Endowment was established through a planned gift, which is a gift made in the future, such as at the time of one's passing, and may include gifts made through one's will or estate; a trust gift; a beneficiary designation on a life insurance policy, retirement account or IRA; or even a gift of stocks, real property or tangible personal property. It is committed in the person's life time, so that upon his or her death, a gift will be made to benefit a charitable organization. Planned gifts provide important ways to strengthen and sustain the university's future, while balancing family needs and resources.
"A planned gift to the University of Nevada, Reno Foundation is an easy and fulfilling way to support the University. Your assets can be used to maximize your personal benefit, while providing for the future of Nevada and its students, faculty and programs," said Lisa Riley, director of planned giving.
Donors who make planned gifts are eligible for induction into the Nevada Legacy Society, which has been established to honor and thank our friends who have included the University Foundation in their estate plans. Nevada Legacy Society members are recognized in the annual honor roll as well as being invited to exclusive University events and receiving a special memento.