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2013–2014 SOCIETY OF TOXICOLOGY ENDOWMENT FUND ANNUAL REPORT Investing in the Future of Toxicology

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Page 1: SOCIETY OF TOXICOLOGY ENDOWMENT FUND · Since the SOT Endowment Fund was established eight years ago, the Fund has grown to a value of approximately $2.3 million, with contributions

2013–2014

SOCIETY OF TOXICOLOGY

E N D O W M E N T F U N D ANNUAL REPORT

Investing in the Future of Toxicology

Page 2: SOCIETY OF TOXICOLOGY ENDOWMENT FUND · Since the SOT Endowment Fund was established eight years ago, the Fund has grown to a value of approximately $2.3 million, with contributions

Recognition Levels

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

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.

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 a guaranteed room in the SOT Annual Meeting headquarters hotel (at the prevailing SOT rate).

$25,000 Lifetime Paracelsus Circle Leader

Receive 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.

$50,000 or more 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

Page 3: SOCIETY OF TOXICOLOGY ENDOWMENT FUND · Since the SOT Endowment Fund was established eight years ago, the Fund has grown to a value of approximately $2.3 million, with contributions

October 23, 2014

Dear Colleague:

Thank you for your generous support of the Society of Toxicology SOT Endowment Fund. It is through continued donations that the Endowment Fund is able to support many important programs that contribute to the shared vision of the Endowment Fund “Building for the Future of Toxicology.”

Since its inception in 2006, contributors to the SOT Endowment Fund have:

• Sponsored more than 140 Student Travel Awards to the SOT Annual Meeting.

• Recognized colleagues who have made enormous contributions to improving human health and the environment.

• Created funds that acknowledge the excellence of students in toxicology and related areas of research.

• Strengthened global participation by providing financial support to scientists from developing countries aspiring to attend the SOT Annual Meeting.

Since the SOT Endowment Fund was established eight years ago, the Fund has grown to a value of approximately $2.3 million, with contributions from 600 individuals and 32 institutions. The SOT Endowment Fund incorporates 35 Named Funds and three Society Funds that support the Society’s long-term goals. The Celebrating Women in Toxicology Award Endowment Fund is one of the newest Named Funds to join the SOT Endowment Fund family. This fund was inspired by the benevolence of Ms. Anne Wolven Garrett, one of the early leaders in the Society of Toxicology. As with all other established funds, donations to this new fund will be matched dollar for dollar by the Society until June 30, 2016, or until $400,000 in matching funds has been allocated.

The front cover of this Annual Report showcases the recipients of the numerous SOT Endowment Fund awards. This is a diverse group of individuals representing early career to long-standing distinguished scientists. The SOT Endowment Fund website offers a brief synopsis of each award recipient’s background and research interest. Additionally, the website provides information about the many ways to make contributions to the SOT Endowment Fund such as estate planned giving, non-cash gift options, and more.

A great deal has been accomplished through the SOT Endowment Fund and we are hopeful that more can be done. Our aim is to increase the number of travel awards to talented young scientists and to provide additional funding for global scientists to travel to the SOT Annual Meeting. I hope that you will consider making a donation this coming year, which will allow the SOT Endowment Fund to have even greater impact now and into the future.

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

CO-CHAIRMatthew S. Bogdanffy,

PhD, DABT, ATS Boehringer Ingelheim

Pharmaceuticals Inc

MEMBERSDaniel Acosta Jr.,

PhD, ATS, University of Cincinnati

Laura Andrews, PhD, DABT, ATS

AbbVie

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

DACVP, DABT Janssen R&D

A. Jay Gandolfi,

PhD University of Arizona

Denise Robinson Gravatt, PhD

Pfizer Global Research and Development

Lois D. Lehman-McKeeman, PhD, ATS

Bristol-Myers Squibb Company

I. Glenn Sipes, PhD, ATS

University of Arizona

William Slikker Jr., PhD, ATS

US FDA-NCTR

EX-OFFICIO MEMBERS

George P. Daston, PhD, ATS

Procter & Gamble Company

Norbert E. Kaminski, PhD

Michigan State University

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

Page 4: SOCIETY OF TOXICOLOGY ENDOWMENT FUND · Since the SOT Endowment Fund was established eight years ago, the Fund has grown to a value of approximately $2.3 million, with contributions

4

SOT Endowment Fund Financial Summary for 2013–2014

Name of Endowment Fund Administrator Beginning of Year July 1, 2013 (Audited) Actual = Contributions + Matching Total Disbursed Net Return/ Gain (Loss) + Interest Net Assets End of Year June 30, 2014 (Unaudited)

Society Funds

Education Council $98,167 $16,000 -$3,927 $14,991 $125,231

Global Activities Council $67,830 $6,000 -$2,713 $10,197 $81,314

SOT Strategic Priorities Council $237,009 $28,600 -$8,039 $35,937 $293,507

SOT Priorities: QUASI Council $40,202 $5,400 $6,082 $51,684

Student Travel Council $36,029 -$1,441 $5,247 $39,835

Named Funds*Daniel and Patricia Acosta Diversity Student Fund Council $19,935 $4,000 $3,216 $27,151

Mary Amdur Student Award Fund Inhalation and Respiratory SS $61,048 $5,500 -$500 $9,184 $75,232

*Celebrating Women in Toxicology Award Fund Women in Toxicology SIG $17,500 $532 $18,032

Young Soo Choi Student Award Fund Korean Toxicologists Association in America SIG $38,111 $600 -$1,000 $5,591 $43,302

Laxman S. Desai Association of Scientists of Indian Origin Student Award Fund Association of Scientists of Indian Origin SIG $31,151 -$1,000 $4,534 $34,685

Diversity Initiatives Fund Committee on Diversity Initiatives $61,316 $7,500 $9,418 $78,234

John Doull Student Award Fund Risk Assessment SS $34,506 $200 -$1,000 $5,050 $38,756

*Environmental Carcinogenesis Research Fellowship Fund Carcinogenesis SS $2,600 $166 $2,766

Founders Fund Awards Committee $106,131 -$2,000 $15,504 $119,635

*Angelo Furgiuele Young Investigator Technology Award Fund Reproductive and Developmental Toxicology SS $14,994 $250 $2,210 $17,454

Perry J. Gehring Biological Modeling Student Award Fund Biological Modeling SS $37,616 $200 -$500 $5,518 $42,834

Perry J. Gehring Diversity Student Travel Award Fund Committee on Diversity Initiatives $35,976 $424 -$1,000 $5,260 $40,660

Perry J. Gehring Risk Assessment Student Award Fund Risk Assessment SS $39,456 $200 -$1,578 $5,748 $43,826

Harry W. Hays Memorial Fund Council $47,002 $2,000 -$1,880 $6,918 $54,040

Health and Environmental Science Institute Immunotoxicology Young Investigator Student Award Immunotoxicology SS $45,297 $2,000 $6,736 $54,033

Vera W. Hudson & Elizabeth K. Weisburger Scholarship Fund Women in Toxicology SIG $70,061 $500 -$2,000 $10,261 $78,822

Frank C. Lu Food Safety Student Award Fund Food Safety SS $36,474 $200 -$500 $5,345 $41,519

Jean Lu Student Scholarship Award Fund American Association of Chinese in Toxicology SIG $32,684 -$1,000 $4,759 $36,443

Roger O. McClellan Student Award Fund Comparative and Veterinary SS and Toxicologic and Exploratory Pathology SS $90,183 $7,200 -$2,000 $13,470 $108,853

Harihara Mehendale Association of Scientists of Indian Origin Student Award Fund Association of Scientists of Indian Origin SIG $36,518 -$1,000 $5,333 $40,851

Metals Specialty Section Student Research Award Fund Metals SS $15,453 $20,040 $2,836 $38,329

Molecular and Systems Biology Student Award Fund Molecular and Systems Biology SS $34,392 $400 -$1,200 $5,029 $38,621

Sheldon D. Murphy Memorial Fund Council $74,683 $6,400 -$2,000 $11,132 $90,215

Toshio Narahashi Neurotoxicology Fellowship Award Fund Neurotoxicology SS $12,321 $31,670 $3,467 $47,458

Pacific Northwest Toxicology Developmental Fund Pacific Northwest RC $6,760 $27,700 $3,147 $37,607

Emil Alvin Pfitzer Drug Discovery Student Award Fund Drug Discovery Toxicology SS $77,640 $3,700 -$3,100 $11,424 $89,664

Gabriel L. Plaa Education Award Fund Mechanisms SS $82,724 $300 -$3,000 $12,070 $92,094

*Regulatory and Safety Evaluation Student Award Fund Regulatory and Safety Evaluation SS $11,576 $400 $1,720 $13,696

Renal Toxicology Fellowship Award Fund Mechanisms SS $47,083 $1,500 $6,977 $55,560

Robert J. Rubin Student Travel Award Fund Mechanisms SS and Risk Assessment SS $37,911 $500 -$1,500 $5,549 $42,460

Dharm V. Singh Association of Scientists of Indian Origin Student Award Fund Association of Scientists of Indian Origin SIG $29,966 -$1,000 $4,370 $33,336

Dharm V. Singh Carcinogenesis Award Fund Carcinogenesis SS $33,451 -$500 $4,898 $37,849

Carl C. Smith Student Mechanisms Award Fund Mechanisms SS $90,500 $2,000 -$3,600 $13,263 $102,163

Ronald G. Thurman Student Travel Award Fund Mechanisms SS $38,904 $4,550 -$1,500 $5,951 $47,905

*Toxicologists of African Origin Endowment Fund Toxicologists of African Origin SIG $5,656 $831 $6,487

Totals $1,916,716 $206,034 -$50,478 $289,871 $2,362,143

*Temporally Restricted Funds RC—Regional Chapter SS–Specialty Section SIG–Special Interest Group

Page 5: SOCIETY OF TOXICOLOGY ENDOWMENT FUND · Since the SOT Endowment Fund was established eight years ago, the Fund has grown to a value of approximately $2.3 million, with contributions

5

SOT Endowment Fund Financial Summary for 2013–2014

Name of Endowment Fund Administrator Beginning of Year July 1, 2013 (Audited) Actual = Contributions + Matching Total Disbursed Net Return/ Gain (Loss) + Interest Net Assets End of Year June 30, 2014 (Unaudited)

Society Funds

Education Council $98,167 $16,000 -$3,927 $14,991 $125,231

Global Activities Council $67,830 $6,000 -$2,713 $10,197 $81,314

SOT Strategic Priorities Council $237,009 $28,600 -$8,039 $35,937 $293,507

SOT Priorities: QUASI Council $40,202 $5,400 $6,082 $51,684

Student Travel Council $36,029 -$1,441 $5,247 $39,835

Named Funds*Daniel and Patricia Acosta Diversity Student Fund Council $19,935 $4,000 $3,216 $27,151

Mary Amdur Student Award Fund Inhalation and Respiratory SS $61,048 $5,500 -$500 $9,184 $75,232

*Celebrating Women in Toxicology Award Fund Women in Toxicology SIG $17,500 $532 $18,032

Young Soo Choi Student Award Fund Korean Toxicologists Association in America SIG $38,111 $600 -$1,000 $5,591 $43,302

Laxman S. Desai Association of Scientists of Indian Origin Student Award Fund Association of Scientists of Indian Origin SIG $31,151 -$1,000 $4,534 $34,685

Diversity Initiatives Fund Committee on Diversity Initiatives $61,316 $7,500 $9,418 $78,234

John Doull Student Award Fund Risk Assessment SS $34,506 $200 -$1,000 $5,050 $38,756

*Environmental Carcinogenesis Research Fellowship Fund Carcinogenesis SS $2,600 $166 $2,766

Founders Fund Awards Committee $106,131 -$2,000 $15,504 $119,635

*Angelo Furgiuele Young Investigator Technology Award Fund Reproductive and Developmental Toxicology SS $14,994 $250 $2,210 $17,454

Perry J. Gehring Biological Modeling Student Award Fund Biological Modeling SS $37,616 $200 -$500 $5,518 $42,834

Perry J. Gehring Diversity Student Travel Award Fund Committee on Diversity Initiatives $35,976 $424 -$1,000 $5,260 $40,660

Perry J. Gehring Risk Assessment Student Award Fund Risk Assessment SS $39,456 $200 -$1,578 $5,748 $43,826

Harry W. Hays Memorial Fund Council $47,002 $2,000 -$1,880 $6,918 $54,040

Health and Environmental Science Institute Immunotoxicology Young Investigator Student Award Immunotoxicology SS $45,297 $2,000 $6,736 $54,033

Vera W. Hudson & Elizabeth K. Weisburger Scholarship Fund Women in Toxicology SIG $70,061 $500 -$2,000 $10,261 $78,822

Frank C. Lu Food Safety Student Award Fund Food Safety SS $36,474 $200 -$500 $5,345 $41,519

Jean Lu Student Scholarship Award Fund American Association of Chinese in Toxicology SIG $32,684 -$1,000 $4,759 $36,443

Roger O. McClellan Student Award Fund Comparative and Veterinary SS and Toxicologic and Exploratory Pathology SS $90,183 $7,200 -$2,000 $13,470 $108,853

Harihara Mehendale Association of Scientists of Indian Origin Student Award Fund Association of Scientists of Indian Origin SIG $36,518 -$1,000 $5,333 $40,851

Metals Specialty Section Student Research Award Fund Metals SS $15,453 $20,040 $2,836 $38,329

Molecular and Systems Biology Student Award Fund Molecular and Systems Biology SS $34,392 $400 -$1,200 $5,029 $38,621

Sheldon D. Murphy Memorial Fund Council $74,683 $6,400 -$2,000 $11,132 $90,215

Toshio Narahashi Neurotoxicology Fellowship Award Fund Neurotoxicology SS $12,321 $31,670 $3,467 $47,458

Pacific Northwest Toxicology Developmental Fund Pacific Northwest RC $6,760 $27,700 $3,147 $37,607

Emil Alvin Pfitzer Drug Discovery Student Award Fund Drug Discovery Toxicology SS $77,640 $3,700 -$3,100 $11,424 $89,664

Gabriel L. Plaa Education Award Fund Mechanisms SS $82,724 $300 -$3,000 $12,070 $92,094

*Regulatory and Safety Evaluation Student Award Fund Regulatory and Safety Evaluation SS $11,576 $400 $1,720 $13,696

Renal Toxicology Fellowship Award Fund Mechanisms SS $47,083 $1,500 $6,977 $55,560

Robert J. Rubin Student Travel Award Fund Mechanisms SS and Risk Assessment SS $37,911 $500 -$1,500 $5,549 $42,460

Dharm V. Singh Association of Scientists of Indian Origin Student Award Fund Association of Scientists of Indian Origin SIG $29,966 -$1,000 $4,370 $33,336

Dharm V. Singh Carcinogenesis Award Fund Carcinogenesis SS $33,451 -$500 $4,898 $37,849

Carl C. Smith Student Mechanisms Award Fund Mechanisms SS $90,500 $2,000 -$3,600 $13,263 $102,163

Ronald G. Thurman Student Travel Award Fund Mechanisms SS $38,904 $4,550 -$1,500 $5,951 $47,905

*Toxicologists of African Origin Endowment Fund Toxicologists of African Origin SIG $5,656 $831 $6,487

Totals $1,916,716 $206,034 -$50,478 $289,871 $2,362,143

*Temporally Restricted Funds RC—Regional Chapter SS–Specialty Section SIG–Special Interest Group

Page 6: SOCIETY OF TOXICOLOGY ENDOWMENT FUND · Since the SOT Endowment Fund was established eight years ago, the Fund has grown to a value of approximately $2.3 million, with contributions

6

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

Daniel Acosta Jr.,* SOT President (2000–2001), Ad Hoc Member (2013–2015)

Laura Andrews,* Member (2013–2016)

Norman J. Barlow,* Member (2012–2015)

Matthew S. Bogdanffy,* Member (2013–2016)

Jon C. Cook, SOT President (2011–2012), Member (2012–2014)

John B. Morris, SOT Treasurer (2011–2013), Member (2012–2015)

I. Glenn Sipes, SOT President (1993–1994), Member (2012–2015)

William Slikker Jr., SOT President (2012–2013), SOT Treasurer (2007–2009), Council Contact (2013–2014), Member (2013–2015)

Kendall B. Wallace, SOT President (2005–2006), Member (2011–2014)

EX–OFFICIO

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

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

Denise Robinson Gravatt, SOT Treasurer (2013–2014)

LEGAL COUNSEL

William C. Hays

STAFF SUPPORT

Clarissa Russell Wilson, SOT Deputy Executive Director

2014–2015 SOT ENDOWMENT FUND BOARD Jeffrey A. Handler, Chair (2012–2015), Member (2011–2017)

Matthew S. Bogdanffy, Co-Chair (2014–2015), Member (2013–2016)

Daniel Acosta Jr.,* SOT President (2000–2001), Member (2014–2017)

Laura Andrews,* Member (2013–2016)

Norman J. Barlow,* Member (2012–2015)

A. Jay Gandolfi,* Member (2014–2015)

Denise Robinson Gravatt, SOT Treasurer (2013–2015), Member (2014–2017)

Lois D. Lehman-McKeeman, SOT President (2013–2014), Council Contact (2014–2016), Member (2014–2016)

I. Glenn Sipes, SOT President (1993–1994), Member (2012–2015)

William Slikker Jr., SOT President (2012–2013), SOT Treasurer (2007–2009), Member (2013–2015)

EX–OFFICIO

George P. Daston, SOT Treasurer-Elect (2014–2015)

Norbert E. Kaminski, SOT President (2014–2015), SOT Treasurer (2006–2007)

Shawn Douglas Lamb, SOT Executive Director (2006–2015)

LEGAL COUNSEL

William C. Hays

STAFF SUPPORT

Clarissa Russell Wilson, SOT Deputy Executive Director

Endowment Fund Board

*SOT Presidential Appointee

Page 7: SOCIETY OF TOXICOLOGY ENDOWMENT FUND · Since the SOT Endowment Fund was established eight years ago, the Fund has grown to a value of approximately $2.3 million, with contributions

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