Cleveland Clinic Kicks Off $1.25 Billion Philanthropic Campaign

$709 Million Raised To Date.

May 8, 2006, Cleveland—Cleveland Clinic announces "Today's Innovations, Tomorrow's Healthcare," a monumental five-year philanthropic campaign to raise $1.25 billion. Building on the success of Cleveland Clinic's ongoing Heart and Vascular Institute project, this comprehensive public campaign will further energize Cleveland Clinic's mission of providing world class patient care, innovative research, and outstanding educational programs. The campaign will also support Cleveland Clinic's visionary campus master plan and bring substantial healthcare and economic benefits to Northeast Ohio.

"This is an ambitious campaign—the first comprehensive campaign in Cleveland Clinic's history. Our plans will bring together the best minds with the most sophisticated technology, in the finest facilities, to inspire the scientific discoveries we need to defeat disease," said Delos "Toby" M. Cosgrove, M.D., CEO and President of Cleveland Clinic. "I'm humbled and honored by the confidence our friends and donors have shown us over the years. Their support has made Cleveland Clinic what it is today—and it will carry us through a new generation of even greater achievement."

Funds raised will be invested to strengthen the campaign's four cornerstones: innovative patient care, basic and clinical research, medical and patient education, and the campus master plan. Comprehensively, these four areas will support Northeast Ohio's economic development and increase brain gain, while strengthening Cleveland Clinic's emerging priorities and meeting the healthcare needs of an aging population.

Robert Rich, Jr., President of Buffalo-based Rich Products Corporation and a Cleveland Clinic Trustee, will serve as Chairman of "Today's Innovations, Tomorrow's Healthcare" campaign.

"Cleveland Clinic is defining dynamic healthcare and practicing the most innovative medicine ever," said Mr. Rich. "I am very excited about this history-making campaign, and honored to be asked to help lead it. We need Cleveland Clinic's vision for the future of healthcare. With the generosity of friends, patients and the philanthropic community, its pioneering spirit will bring new treatments and innovations to patients everywhere."

As Chairman of the campaign, Mr. Rich will lead more than 800 volunteers worldwide in cultivating interest in the initiative and expanding Cleveland Clinic's support network to ensure the $1.25 billion goal.
Norma Lerner will serve as the campaign's Distinguished Chair.

"My husband and I have considered it a privilege to be part of the development of the Cleveland Clinic for many years," said Mrs. Lerner. "These new fundraising efforts, to me and my family, represent this institution's continuing ambition to provide the finest healthcare and research to our city, state and country. I applaud their leadership and commitment."

The "Today's Innovations, Tomorrow's Healthcare" campaign is based on four cornerstones:

-Innovative Patient Care, $235 Million
Cleveland Clinic provides compassionate and innovative care that has improved the lives of millions of patients. With the development of new and innovative institutes, such as the Heart and Vascular Institute and the Glickman Urological Institute, Cleveland Clinic is breaking down traditional medical boundaries and creating a new model of medicine to better serve patient needs through teamwork and collaboration. This innovative model of medicine allows physicians to practice in institutes, combining research, clinical practice and innovation.

-Basic and Clinical Research, $300 Million
Cleveland Clinic and the Lerner Research Institute provide an alignment between research and patient care, creating a powerful guide for the institution that yields breakthroughs in every aspect of the diagnosis and treatment of diseases and other medical conditions. At the Lerner Research Institute, basic research is predicated on the knowledge that discoveries in the lab can lead to rapid improvement in health care and patient well-being. Clinical research conducted throughout the institution generates important advances in the diagnosis and treatment of complex medical conditions. Together, these branches of biomedical research bring substantial service to patients through direct, personalized medical care, and through the development of new techniques, devices and treatment protocols.

-Medical and Patient Education, $275 Million
Cleveland Clinic's visionary leaders have nurtured an environment that attracts and retains the best minds in medicine and science, earning the respect of the international community. Founded in 2002, the Cleveland Clinic Lerner College of Medicine of Case Western Reserve University was developed as a five-year program to train physician-investigators through clinical experience with an innovative research-focused curriculum. In the local community, Cleveland Clinic collaborates with two- and four-year colleges, it provides summer internships for area high school students, and it provides patient and community education.

-Campus Master Plan, $440 Million
Cleveland Clinic is in the process of constructing the most innovative complex of its time. The center of this complex, the Arnold and Sydell Miller Family Pavilion, will house the world-renowned Cleveland Clinic Heart and Vascular Institute. It will be the main gateway to the Cleveland Clinic, featuring enhanced amenities for patients and their families, while expanding the capacity to treat patients at the main campus by nearly 50 percent. In addition, the Glickman Tower will house the Glickman Urological Institute—a world leader in urological care.

These facilities will help Cleveland Clinic meet the needs of an aging population and provide an environment of healing hospitality. These buildings also will establish a striking architectural presence on Euclid Avenue and forge an important link in local initiatives to develop the corridor between Public Square and University Circle.

The campaign was kicked off Monday night at the Intercontinental Hotel and MBNA Conference Center with celebratory confetti and flare. Olympic gold medalist and four-time World Figure Skating Champion Scott Hamilton, who was treated at Cleveland Clinic for cancer and founded the Cancer Alliance for Research, Education and Survivorship (CARES), emceed the event and will have a role in the campaign's leadership.

About Cleveland Clinic
Cleveland Clinic, located in Cleveland, Ohio, is a not-for-profit multi-specialty academic medical center that integrates clinical and hospital care with research and education. Cleveland Clinic was founded in 1921 by four renowned physicians with a vision of providing outstanding patient care based upon the principles of cooperation, compassion and innovation. U.S. News & World Report consistently names Cleveland Clinic as one of the nation's best hospitals in its annual "America's Best Hospitals" survey. Approximately 1,500 full-time salaried physicians at Cleveland Clinic and Cleveland Clinic Florida represent more than 100 medical specialties and subspecialties. In 2004, patients came for treatment from every state and 100 countries. Cleveland Clinic website address is www.clevelandclinic.org.

View photos from the event