The Gerald A. and Karen A. Kolschowsky Foundation’s generous gift of $25 million is set to revolutionize healthcare, fueling transformative research and innovative education at Sarasota Memorial Health Care System (SMH).
This significant donation has allowed SMH to lay the groundwork for a new $75 million Research and Education Institute. The Institute is poised to be a hub for clinical trials, research studies, specialized education programs, and a simulation center offering hands-on training for healthcare professionals.
The Kolschowsky Foundation’s support extends beyond the financial. Over the last two decades, they have quietly stood behind the public nonprofit health system, facilitating its progressive expansion. Their contributions have significantly enhanced the quality of care available at SMH, attracting top-tier physicians and expanding the education and research team.
The foundation’s substantial donations have also played a crucial role in SMH’s participation in groundbreaking studies. As a result, SMH has been able to establish a high-quality, sustainable research program, attracting more nationally recognized physicians and expanding research and graduate education programs. This has not only elevated the standard of care at SMH but also contributed to the advancement of medical science and research.
The impact of the foundation’s support has been particularly evident during the pandemic.
The Kolschowsky Foundation provided critical resources, ensuring that SMH was adequately equipped and ready to participate in crucial clinical trials and studies, thus playing a vital role in the global fight against COVID-19.
Moreover, the Institute’s state-of-the-art simulation center will provide invaluable hands-on training opportunities. This will contribute to the advancement of medical knowledge and the development of practical skills among healthcare professionals. An impressive nearly half of resident physicians who completed their training at SMH have established their practices there, with around 70 remaining in Florida.
Tim Kolschowsky, president of the Kolschowsky Foundation, emphasized the importance of medical advances and the critical role of clinical research in achieving this goal.
By making such a significant contribution, the Kolschowsky Foundation hopes to inspire other philanthropists to fund community hospital research initiatives and clinical advances.
The CEO of Sarasota Memorial, David Verinder, expressed appreciation for the strategic and purposeful support from the Kolschowsky Foundation. The Foundation’s commitment to supporting transformative research and innovative education is a testament to their vision for a better healthcare future.
Through their generous donation, the Kolschowsky Foundation is not only transforming healthcare at SMH but also setting a powerful example of philanthropy in action, potentially inspiring others to contribute towards clinical research and medical advances. Their commitment to improving healthcare is truly paving the way for a healthier, more informed future.