Rosenberg Fundraising Challenge Underway
Richard “Dick” Rosenberg – retired chair and CEO of Bank of America and well known for his philanthropic activities in the Bay area – concluded his final board term as a Buck Trustee last December. As he completed his board responsibilities, he took action that underscored his long-term commitment to be both a steward of the Buck’s financial stability and a supporter of its growth. He and his wife Barbara have committed to a challenge gift – they will contribute $250,000 to the Institute if the Buck can raise the same amount in new gifts.
The goal is to meet the challenge by June 30, 2013, the end of the Institute’s fiscal year. “We are making great progress toward meeting this dollar-for-dollar matching gift,” said James Edgar, Chair of the Buck Institute Board of Trustees. “With our deadline approaching, we need help. Every gift matters to the success of this campaign. I am asking everyone to help us leverage the Rosenbergs’ generosity. It’s a great opportunity for our supporters to double the size of their gifts without having to write a bigger check.”
The Rosenberg donation will enable the Buck to support its scientists as they test promising new theories aimed at unraveling the connection between normal aging and chronic disease. In addition, the Buck’s newly expanded education program will benefit greatly from the $500,000 that can be raised through this challenge. “Given the dramatic decline in federal funding for research, this challenge gift is a perfect opportunity for everyone to step up to the plate and vote with their checkbooks to show support for our science,” said Brian Kennedy, PhD, Buck Institute President and CEO. “I am very grateful to Dick and Barbara for their generosity. I am honored to have worked so closely with Dick when he was on our board.”
Rosenberg lent a rare wealth of experience and expertise during the Buck’s formative years. He chaired the Finance Committee and was Board Treasurer during a time of great institutional transition and growth. The Buck bylaws limit trustees to three consecutive three-year terms of service.
For questions about the Rosenberg Challenge Gift, please contact Blair Winn, Director of Resource Development: 415-209-2267, email@example.com.