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2012–2013 SOCIETY OF TOXICOLOGY ENDOWMENT FUND ANNUAL REPORT Investing in the Future of Toxicology

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Page 1: SOCIETY OF TOXICOLOGY ENDOWMENT FUND › endowment › docs › SOT_EndowAnnRept… · website, as well as an SOT Award named for them for one year. Corporate/Institutional Recognition

2012–2013

SOCIETY OF TOXICOLOGY

ENDOWMENT FUND ANNUAL REPORT

Investing in the Future of Toxicology

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Recognition Levels

The SOT Endowment Fund has tiered recognition levels intended to encourage contributions to the Endowment Fund.

Individual

Recognition Level Contribution in a Fiscal YearBronze $40–$99

Silver $100–$249

Gold $250–$499

Paracelsus Circle $500 or more

Individual

Recognition Level Cumulative ContributionLifetime Paracelsus Circle Member $5,000 Commitment

Lifetime Paracelsus Circle Benefactor $5,000–$9,999

Lifetime Paracelsus Circle Leader $10,000–$24,999

Lifetime Paracelsus Circle Futurist $25,000–$49,999

Lifetime Paracelsus Circle Visionary $50,000 or more

Lifetime Paracelsus Circle givers will be recognized by their cumulative gifts at the point that they give an initial contribution of $500 or more and indicate their intention to make additional contributions to reach $5,000 or more within 10 years. Individuals who make cumulative gifts will be recognized as follows up to:

$5,000 Lifetime Paracelsus Circle Member

$10,000 Lifetime Paracelsus Circle Benefactor

$25,000 Lifetime Paracelsus Circle Leader

$50,000 Lifetime Paracelsus Circle Futurist

$100,000 Lifetime Paracelsus Circle Visionary

In the case of couples who are both members of the SOT, the Recognition Level is based on the contribution of each individual. Thus, a $500 joint contribution from a couple who are both members of the SOT is recognized for both individuals at the Gold Level and a $1,000 joint contribution is recognized for both individuals at the Paracelsus Circle Level.

$5,000 Lifetime Paracelsus Circle MemberReceive recognition on the SOT website and invitation to President’s Reception.

$10,000 Lifetime Paracelsus Circle BenefactorReceive all the benefits of a Lifetime Paracelsus Circle Member, plus guaranteed room in the SOT Annual Meeting headquarters hotel (at the prevailing SOT rate).

$25,000 Lifetime Paracelsus Circle LeaderReceive all the benefits of a Lifetime Paracelsus Circle Benefactor, plus participation in an Endowment Fund Board luncheon during the Annual Meeting.

$50,000 Lifetime Paracelsus Circle FuturistReceive all the benefits of a Lifetime Paracelsus Circle Leader, plus recognition in the Membership Directory.

$100,000 Lifetime Paracelsus Circle VisionaryReceive all the benefits of a Lifetime Paracelsus Circle Futurist, plus a special article in newsletter and/or a biography on the website, as well as an SOT Award named for them for one year.

Corporate/Institutional RecognitionCorporate/Institutional Recognition Levels for the SOT Endowment Fund are the same as those used by the SOT for corporate contributors to the Annual Meeting.

Corporate/Institutional Recognition Levels

Silver $1,000–$2,499

Gold $2,500–$4,999

Platinum $5,000–$9,999

Diamond $10,000 or more

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November 18, 2013

Dear Colleague:

On behalf of the Society of Toxicology Endowment Fund and the scientists who have and will benefit from your generosity, thank your for your support. Highlighted below are a few award recipients we have been able to help this past year because of your generous contributions to the SOT Endowment Fund.

The Endowment Board sponsored the 2013 Undergraduate Educator Award, presented to an SOT member who is distinguished by outstanding contributions to the teaching of undergraduate students in toxicology and toxicology-related areas and whose work supports SOT’s strategic efforts to “Build for the Future of Toxicology.” This educator award was presented to Sidhartha Ray, who chairs programs of education, research, and service in the Department of Pharmaceutical Sciences at Manchester University College of Pharmacy. In his 28 years of academic experience in pharmacy teaching and research, he has trained numerous undergraduate and graduate students in toxicology. A dedicated teacher and a formidable scientist, Dr. Ray passionately instructs his students to be lifelong learners.

Over the years, member contributions have made a significant difference to hundreds of young scientists. This past year, 45 Endowment Fund awards were distributed during the Society’s 52nd Annual Meeting. Amrendra Ajay won the Dharm V. Singh Association of Scientists of Indian Origin Student Award for his work on the regulator of Kidney Injury Molecule -1 (KIM-1); your contributions will help him pursue his dream of becoming an independent scientist. This year, Zhoumeng Lin, a PhD student at the University of Georgia, received the Perry J. Gehring Biological Modeling Student Award for his work on the neurotoxicity of the herbicide atrazine. He plans to use the recognition received via the award, along with the knowledge that he gained at SOT Annual Meeting, in his pursuit of earning his postdoctoral position in the field of toxicology.

These are just a few of the many success stories of the SOT Endowment Fund. You can find more stories along with the complete listing of award recipients, at www.toxicology.org/endowment.

Since the SOT Endowment Fund was established seven years ago, the Fund has grown to a value in excess of $1.9 million, with contributions from 595 individuals and 31 institutions. The Endowment Fund has under its umbrella 34 Named Funds and three Society Funds that support the Society’s long-term goals. Jacqueline H. Smith, an SOT member who contributed to the SOT Society Fund, had this to say about her contribution: “I designated my gift to the Educational Activities Fund recognizing that educational opportunities for students are central to the future of toxicology.” Dr. K.S. Rao gave his contribution to the Global Activities Fund because “SOT, as a premier scientific society, should spread its wings far and wide to assist scientist from other countries in whatever ways possible.”

Your support has and will continue to make a significant difference to the future success of our Society, both in the United States and abroad. Given the current economic climate, we need to continue our efforts in 2014 to ensure that we are Building for the Future of Toxicology. I hope that you will consider making a contribution this coming year.

Sincerely,

Jeffrey Handler, PhD, DABT, MBA SOT Endowment Fund Board Chair

2013–2014 ENDOWMENT FUND

BOARD

CHAIRJeffrey A. Handler,

PhD, DABT, MBA JAH Associates LLC

MEMBERSLaura Andrews,

PhD, DABT, ATS Sanofi

Norman J. Barlow, DVM, PhD, MBA, MLD,

DACVP, DABT Sanofi

Matthew S. Bogdanffy, PhD, DABT, ATS

Boehringer Ingelheim Pharmaceuticals Inc

Jon C. Cook, PhD, ATS, DABT

Pfizer Global Research and Development

John B. Morris, PhD

University of Connecticut

I. Glenn Sipes, PhD, ATS

University of Arizona

William Slikker Jr., PhD, ATS

US FDA-NCTR

Kendall B. Wallace, PhD, ATS, DABT

University of Minnesota

Daniel Acosta Jr. (Ad hoc), PhD, ATS

University of Cincinnati

EX-OFFICIO MEMBERSLois D. Lehman-McKeeman,

PhD, ATS Bristol-Myers Squibb

Company

Denise Robinson Gravatt, PhD

Pfizer Global Research and Development

Shawn Douglas Lamb, Society of Toxicology

STAFF LIAISON Clarissa Russell Wilson,

MBA, CMP Society of Toxicology

31821 MICHAEL FARADAY DRIVE, SUITE 300, RESTON, VIRGINIA 20190

Tel: 703.438.3115 Fax: 703.438.3113 Email: [email protected]: www.toxicology.org

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SOT Endowment Fund Financial Summary for 2012–2013

Name of Endowment Fund Administrator Beginning of Year July 1, 2012 (Audited) Actual = Contributions + Matching Total Disbursed Net Return/Gain (Loss) + Interest Net Assets End of Year June 30, 2013 (Audited)

Society Funds

Educational $79,698 $9,950 ($2,058) $10,572 $98,167

Global Activities $59,810 $2,600 ($2,392) $7,812 $67,830

SOT Priorities $201,373 $17,000 ($8,055) $26,692 $237,009

SOT Priorities: QUASI $34,168 $1,682 $4,352 $40,202

Student Travel $31,956 $4,073 $36,029

Named Funds

Daniel and Patricia Acosta Diversity Student Fund Council $14,108 $3,750 $2,078 $19,935

Mary Amdur Student Award Inhalation and Respiratory SS $52,068 $2,725 ($500) $6,755 $61,048

Young Soo Choi Student Scholarship Award Korean Toxicologists Association in America SIG $34,176 $600 ($1,000) $4,335 $38,111

Laxman S. Desai Association of Scientists of Indian Origin Student Award Association of Scientists of Indian Origin SIG $28,563 ($1,000) $3,588 $31,151

Diversity Initiatives Fund Committee on Diversity Initiatives $52,939 $1,550 $6,828 $61,316

John Doull Student Award Risk Assessment SS $30,672 $425 ($500) $3,909 $34,506

Founders Fund Awards Committee $96,841 $100 ($3,000) $12,190 $106,131

*Angelo Furgiuele Young Investigator Technology Award Reproductive and Developmental Toxicology SS $13,299 $1,695 $14,994

Perry J. Gehring Biological Modeling Student Award Biological Modeling SS $33,271 $600 ($500) $4,245 $37,616

Perry J. Gehring Diversity Student Travel Award Committee on Diversity Initiatives $32,656 $200 ($1,000) $4,120 $35,976

Perry J. Gehring Risk Assessment Student Award Risk Assessment SS $35,743 $200 ($1,000) $4,513 $39,456

Harry W. Hays Memorial Fund Council $39,869 $2,000 $5,133 $47,002

Health and Environmental Science Institute Immunotoxicology Young Investigator Student Award Immunotoxicology SS $39,110 $1,150 $5,036 $45,297

Vera W. Hudson and Elizabeth K. Weisburger Scholarship Fund Women in Toxicology SIG $63,428 $600 ($2,000) $8,033 $70,061

Frank C. Lu Food Safety Student Award Food Safety SS $32,818 ($500) $4,156 $36,474

Jean Lu Student Scholarship Award American Association of Chinese in Toxicology SIG $28,990 $3,695 $32,684

Roger O. McClellan Student Award Comparative and Veterinary SS and Toxicologic and Exploratory Pathology SS $81,856 $1,000 ($3,000) $10,327 $90,183

Harihara Mehendale Association of Scientists of Indian Origin Student Award Association of Scientists of Indian Origin SIG $33,231 $100 ($1,000) $4,188 $36,518

*Metals Specialty Section Student Research Award Metals SS $12,025 $1,850 $1,578 $15,453

Molecular Biology Student Award Molecular Biology SS $31,336 $350 ($1,250) $3,956 $34,392

Sheldon D. Murphy Memorial Fund Council $67,496 $550 ($2,000) $8,637 $74,683

*Toshio Narahashi Neurotoxicology Fellowship Award Fund Neurotoxicology SS $5,900 $5,625 $796 $12,321

Pacific Northwest Toxicology Development Fund Pacific Northwest RC $360 $5,875 $525 $6,760

Emil Alvin Pfitzer Drug Discovery Student Award Drug Discovery Toxicology SS $70,229 $1,350 ($2,800) $8,861 $77,640

Gabriel L. Plaa Education Award Mechanisms SS $73,255 $1,600 ($1,500) $9,369 $82,724

*Regulatory and Safety Evaluation Student Award Regulatory and Safety Evaluation SS $9,567 $1,258 $11,576

Renal Toxicology Fellowship Award Mechanisms SS $41,545 $750 ($500) $5,288 $47,083

Robert J. Rubin Student Travel Award Mechanisms SS and Risk Assessment SS $34,093 ($500) $4,319 $37,911

Dharm V. Singh Association of Scientists of Indian Origin Student Award Association of Scientists of Indian Origin SIG $27,512 ($1,000) $3,454 $29,966

Dharm V. Singh Carcinogenesis Award Carcinogenesis SS $30,043 $100 ($500) $3,808 $33,451

Carl C. Smith Student Mechanisms Award Mechanisms SS $81,437 $500 ($1,750) $10,313 $90,500

Ronald G. Thurman Student Travel Award Mechanisms SS $21,479 $13,550 $3,874 $38,904

*Toxicologists of African Origin Endowment Fund Toxicologists of African Origin SIG $4,673 $350 $633 $5,656

Totals $1,661,593 $79,432 ($39,300) $214,992 $1,916,716

*Temporally Restricted Funds SS–Specialty Section SIG–Special Interest Group

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5

SOT Endowment Fund Financial Summary for 2012–2013

Name of Endowment Fund Administrator Beginning of Year July 1, 2012 (Audited) Actual = Contributions + Matching Total Disbursed Net Return/Gain (Loss) + Interest Net Assets End of Year June 30, 2013 (Audited)

Society Funds

Educational $79,698 $9,950 ($2,058) $10,572 $98,167

Global Activities $59,810 $2,600 ($2,392) $7,812 $67,830

SOT Priorities $201,373 $17,000 ($8,055) $26,692 $237,009

SOT Priorities: QUASI $34,168 $1,682 $4,352 $40,202

Student Travel $31,956 $4,073 $36,029

Named Funds

Daniel and Patricia Acosta Diversity Student Fund Council $14,108 $3,750 $2,078 $19,935

Mary Amdur Student Award Inhalation and Respiratory SS $52,068 $2,725 ($500) $6,755 $61,048

Young Soo Choi Student Scholarship Award Korean Toxicologists Association in America SIG $34,176 $600 ($1,000) $4,335 $38,111

Laxman S. Desai Association of Scientists of Indian Origin Student Award Association of Scientists of Indian Origin SIG $28,563 ($1,000) $3,588 $31,151

Diversity Initiatives Fund Committee on Diversity Initiatives $52,939 $1,550 $6,828 $61,316

John Doull Student Award Risk Assessment SS $30,672 $425 ($500) $3,909 $34,506

Founders Fund Awards Committee $96,841 $100 ($3,000) $12,190 $106,131

*Angelo Furgiuele Young Investigator Technology Award Reproductive and Developmental Toxicology SS $13,299 $1,695 $14,994

Perry J. Gehring Biological Modeling Student Award Biological Modeling SS $33,271 $600 ($500) $4,245 $37,616

Perry J. Gehring Diversity Student Travel Award Committee on Diversity Initiatives $32,656 $200 ($1,000) $4,120 $35,976

Perry J. Gehring Risk Assessment Student Award Risk Assessment SS $35,743 $200 ($1,000) $4,513 $39,456

Harry W. Hays Memorial Fund Council $39,869 $2,000 $5,133 $47,002

Health and Environmental Science Institute Immunotoxicology Young Investigator Student Award Immunotoxicology SS $39,110 $1,150 $5,036 $45,297

Vera W. Hudson and Elizabeth K. Weisburger Scholarship Fund Women in Toxicology SIG $63,428 $600 ($2,000) $8,033 $70,061

Frank C. Lu Food Safety Student Award Food Safety SS $32,818 ($500) $4,156 $36,474

Jean Lu Student Scholarship Award American Association of Chinese in Toxicology SIG $28,990 $3,695 $32,684

Roger O. McClellan Student Award Comparative and Veterinary SS and Toxicologic and Exploratory Pathology SS $81,856 $1,000 ($3,000) $10,327 $90,183

Harihara Mehendale Association of Scientists of Indian Origin Student Award Association of Scientists of Indian Origin SIG $33,231 $100 ($1,000) $4,188 $36,518

*Metals Specialty Section Student Research Award Metals SS $12,025 $1,850 $1,578 $15,453

Molecular Biology Student Award Molecular Biology SS $31,336 $350 ($1,250) $3,956 $34,392

Sheldon D. Murphy Memorial Fund Council $67,496 $550 ($2,000) $8,637 $74,683

*Toshio Narahashi Neurotoxicology Fellowship Award Fund Neurotoxicology SS $5,900 $5,625 $796 $12,321

Pacific Northwest Toxicology Development Fund Pacific Northwest RC $360 $5,875 $525 $6,760

Emil Alvin Pfitzer Drug Discovery Student Award Drug Discovery Toxicology SS $70,229 $1,350 ($2,800) $8,861 $77,640

Gabriel L. Plaa Education Award Mechanisms SS $73,255 $1,600 ($1,500) $9,369 $82,724

*Regulatory and Safety Evaluation Student Award Regulatory and Safety Evaluation SS $9,567 $1,258 $11,576

Renal Toxicology Fellowship Award Mechanisms SS $41,545 $750 ($500) $5,288 $47,083

Robert J. Rubin Student Travel Award Mechanisms SS and Risk Assessment SS $34,093 ($500) $4,319 $37,911

Dharm V. Singh Association of Scientists of Indian Origin Student Award Association of Scientists of Indian Origin SIG $27,512 ($1,000) $3,454 $29,966

Dharm V. Singh Carcinogenesis Award Carcinogenesis SS $30,043 $100 ($500) $3,808 $33,451

Carl C. Smith Student Mechanisms Award Mechanisms SS $81,437 $500 ($1,750) $10,313 $90,500

Ronald G. Thurman Student Travel Award Mechanisms SS $21,479 $13,550 $3,874 $38,904

*Toxicologists of African Origin Endowment Fund Toxicologists of African Origin SIG $4,673 $350 $633 $5,656

Totals $1,661,593 $79,432 ($39,300) $214,992 $1,916,716

*Temporally Restricted Funds SS–Specialty Section SIG–Special Interest Group

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6

2012–2013 SOT ENDOWMENT FUND BOARD Jeffrey A. Handler, PhD, DABT, MBA, Chair (2012–2013), Member (2011–2014)

Norman J. Barlow, DVM, PhD, MBA, MLD, DACVP, DABT, Member (2012–2015)

Jon C. Cook,* PhD, ATS, DABT, Member (2012–2014)

Lawrence R. Curtis, PhD, Member (2010–2014)

Michael P. Holsapple, PhD, ATS, Member (2011–2013)

Charlene A. McQueen, PhD, ATS, Member (2011–2013)

John B. Morris, PhD, Member (2012–2016)

I. Glenn Sipes, PhD, ATS, Member (2012–2015)

Robert G. Tardiff, PhD, ATS, Member (2009–2013)

Kendall B. Wallace, PhD, ATS, DABT, Member (2011–2014)

*SOT Presidential Appointee

EX–OFFICIO

William Slikker Jr., PhD, ATS, SOT President (2012–2013)

Denise Robinson Gravatt, PhD, Councilor (2012–2014)

Shawn Douglas Lamb, SOT Executive Director (2006–2013)

LEGAL COUNSEL

William C. Hays, Esq.

STAFF SUPPORT

Clarissa Russell Wilson, MBA, SOT Deputy Executive Director

2013–2014 SOT ENDOWMENT FUND BOARD Jeffrey A. Handler, PhD, DABT, MBA, Chair (2012–2014), Member (2011–2014)

Laura Andrews, PhD, DABT, ATS, Member (2013–2016)

Norman J. Barlow, DVM, PhD, MBA, MLD, DACVP, DABT, Member (2012–2015)

Matthew S. Bogdanffy, PhD, DABT, ATS, Member (2013–2016)

Jon C. Cook, PhD, ATS, DABT, Member (2012–2014)

John B. Morris, PhD, Member (2012–2016)

I. Glenn Sipes, PhD, ATS, Member (2012–2015)

William Slikker Jr., PhD, ATS, Council Contact (2013–2014), Member (2013–2015)

Kendall B. Wallace, PhD, DABT, ATS, Member (2011–2014)

Daniel Acosta Jr., PhD, ATS, Ad Hoc Member (2013–2015)

EX–OFFICIO

Lois D. Lehman–McKeeman, PhD, ATS, SOT President (2013–2014)

Denise Robinson Gravatt, PhD, Councilor (2012–2016)

Shawn Douglas Lamb, SOT Executive Director (2006–2014)

LEGAL COUNSEL

William C. Hays, Esq.

STAFF SUPPORT

Clarissa Russell Wilson, MBA, SOT Deputy Executive Director

Endowment Fund Board

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SOCIET Y OF TOXICOLOGY1821 Michael Faraday Drive, Suite 300, Reston, VA 20190

Tel: 703.438.3115 Fax: 703.438.3113 Email: [email protected]

www.toxicology.org

THE SOT SEAL WAS CREATED BY LOUISE SHAFFER, WIFE OF C. BOYD SHAFFER, A FOUNDER OF THE SOCIETY

Theme: “Safety and Protection from Poison Through Increasing Knowledge”

SALUS—Latin for “Safety”

The Ribband—A token of pre-eminence or superiority

The Arrow—Toxicum (Latin for "poison arrow")

The Shield—Protection

The Wreath—Symbol of success

Radiating Lines—Force manifesting itself: Victory over ignorance