Donation
Donation the Schluger-Ammons Study Club
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We discussed the UW Periodontics Department-specific endowments. Each endowment principal is invested by the University in one huge fund (UW Consolidated Endowment Fund). The operating (spendable) budgets receive distributions of about 3.6% of the previous year’s value of the fund. The remaining growth of the fund (if any) is reinvested in that particular fund by the UW to keep the fund operational and growing in perpetuity. If there are net losses in a particular year, those are absorbed by the general fund by applying to growth from other years.
Actual details from UW: The University of Washington's Consolidated Endowment Fund (CEF)
https://finance.uw.edu/treasury/cef2024 has a total annual spending rate of 4.5%. This includes a 3.6% distribution to programs and a 0.9%
administrative fee. The CEF is currently over $5.5B.
Schluger Chair
GF133360
Saul Schluger Endowed Chair in Periodontics
Saul Schluger Endowed Chair in Periodontics
Year Established: 1990
Purpose: Supports named Schluger Chair (has been grad clinic faculty or grad program director)
Supervision: Schluger Chair Committee
Current Fair Market Value: $3,305,067.47
December 2024 Quarterly Distribution: $26,495
Recent Schluger Chairs: Bobby Butler, Doug Dixon, Denny Smith,
Ray Wilkinson
Currently holding for new Grad Program Director
Hack Estate
GF123037
Elam M. and Georgina E. Hack (a patient of Bill Ammons) Memorial Research Fund
Elam M. and Georgina E. Hack (a patient of Bill Ammons) Memorial Research Fund
Year Established: 1975
Purpose: Supports Periodontics resident and faculty research
Supervision: Hack Estate Committee
Current Fair Market Value: $2,739,117.28
December 2024 Quarterly Distribution: $21,958
Ammons-Engel
GF116278
William F. Ammons (UW Perio ‘70) and L. David Engel (UW Perio ‘70) Professorship in Periodontics
William F. Ammons (UW Perio ‘70) and L. David Engel (UW Perio ‘70) Professorship in Periodontics
Year Established: 2001
Purpose: Faculty salary support (currently Dr. Luciana Safioti, UW Perio ’15)
Supervision: Chair, Periodontics
Current Fair Market Value: $1,006,441.44
December 2024 Quarterly Distribution: $8,068
Silver Anniversary Fund
GF133773
Silver Anniversary Fellowship in Graduate Periodontics
Silver Anniversary Fellowship in Graduate Periodontics
Year Established: 2002
Purpose: Has been loan fund for periodontics residents
Supervision: Chair, Periodontics
Current Fair Market Value: $ 332,164.98
December 2024 Quarterly Distribution: $2,663
Selipsky Fellowship — **Actively Fundraising**
GF133560
Herbert Selipsky (UW Perio ’72) Endowed Fellowship in Periodontics
Herbert Selipsky (UW Perio ’72) Endowed Fellowship in Periodontics
Year Established: 2021
Purpose: Tuition support for all periodontics residents
Supervision: Selipsky Fellowship Committee
Current Fair Market Value: $217,561.97
December 2024 Quarterly Distribution: $1,744
Mizuha Endowment
GF133360
Saul Schluger Endowed Chair in Periodontics
Saul Schluger Endowed Chair in Periodontics
Year Established: 2007
Purpose: Purchase equipment for Graduate Periodontics Clinic
Supervision: Chair, Periodontics
Current Fair Market Value: $193,389.42
December 2024 Quarterly Distribution: $1,240
Carlson Fellowship
GF138779
Curtis E. Carlson (UW Perio ‘74) Endowed Fellowship in Periodontics
Curtis E. Carlson (UW Perio ‘74) Endowed Fellowship in Periodontics
Year Established: 2022
Purpose: Honors 1st year periodontics resident as Carlson Fellow
Supervision: Carlson Fellowship Committee
Current Fair Market Value: $139,962.58
December 2024 Quarterly Distribution: $1,122
Paid as $4,000 over 8 quarters (2nd and 3rd years of residency)