The Charlotte R. Schmidlapp Fund, Fifth Third Bank, Trustee, Gives $1.6 Million Endowment to Support Career Development of Mi...
August 12 2020 - 11:35AM
Business Wire
The Charlotte R. Schmidlapp Fund, Fifth Third Bank, Trustee, has
gifted Cincinnati Children’s Hospital Medical Center with $1.66
million to permanently endow the Charlotte R. Schmidlapp Science,
Technology, Engineering and Mathematics (STEM) Scholars program.
The program enhances access and support for young, underrepresented
minority women interested in pursuing careers in medicine and
biomedical research.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20200812005532/en/
Kayla Porter is a member of the
Schmidlapp STEM Scholars Program and will soon begin studying for
her master’s degree at the University of Cincinnati. (Photo:
Business Wire)
“The Charlotte R. Schmidlapp Fund was created to uplift and
strengthen the lives of young women,” said Heidi Jark, senior vice
president and managing director, Foundation Office at Fifth Third
Bank. “We are proud to support this program, as it provides women
with the knowledge and skills that they need to be successful in
the STEM and biomedical research industries.”
The Charlotte R. Schmidlapp STEM Scholars piloted in 2017 and
supports underrepresented minority girls and young women from
middle school through college to pursue their interests in science
and biomedical research. Through research opportunities,
mentorship, structured networking and science symposiums, the goal
of the program is to increase the number of young underrepresented
minority women who eventually go to medical and/or graduate
school.
“Nationally, there is a critical shortage of underrepresented
minority women in medicine and in biomedical research, which
adversely impacts efforts to optimize clinical outcomes, improve
health equity, and conduct innovative, high-quality research,” said
Jessica Kahn, MD, MPH, Associate Chair of Academic Affairs and
Career Development at Cincinnati Children’s. “We want to be part of
the solution to increase the number of underrepresented minority
women who will transform patient care and conduct breakthrough
research.”
Because of the program’s important role in fostering diversity
of women in science, Cincinnati Children’s will make an equal
investment in the endowment and has pledged to help support the
program until the endowment is fully funded in five years.
“We are deeply committed to supporting the development of young
women who have been historically underrepresented in biomedical
sciences and helping them reach their wildest dreams,” said Jamilah
Hackworth, EdD, Director of the Charlotte R. Schmidlapp STEM
Scholars program.
For more information about the Charlotte R. Schmidlapp (STEM)
Scholars program, go to:
https://www.cincinnatichildrens.org/education/funded/schmidlapp.
About the Charlotte R. Schmidlapp Fund
The Charlotte R. Schmidlapp Fund was one of the first
independent foundations in Ohio. It begun in 1908 in Cincinnati by
Jacob G. Schmidlapp after the death of his daughter, Charlotte, in
a car accident in France. Schmidlapp founded Union Savings and
Trust, which later merged into what is now Fifth Third Bancorp. He
instructed the fund's trustees to make grants that would aid women
to establish themselves in life. With the theme of ennoble, empower
and uplift, The Charlotte R. Schmidlapp Fund was one of the first
funds in the country created and solely dedicated exclusively to
the needs of women and girls.
About the Foundation Office at Fifth Third Bank
The Foundation Office at Fifth Third Bank currently oversees
over 300 private and corporate foundations which distribute grants
in excess of $70 million annually. The Foundation Office is a
member of the Council on Foundations, Philanthropy Ohio, Council of
Michigan Foundations, PEAK Grantmaking and Philanthropy West
Virginia, and abides by the guiding principles of these
organizations for family and corporate foundations. The Foundation
Office works with foundations residing across Fifth Third’s
10-state footprint as well as other states in which Fifth Third
Bank clients reside.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200812005532/en/
Danielle Jones 513-534-0162 Danielle.Jones@53.com
Shannon Kettler 513-636-5218 Shannon.kettler@cchmc.org
Fifth Third Bancorp (NASDAQ:FITB)
Historical Stock Chart
From Aug 2024 to Sep 2024
Fifth Third Bancorp (NASDAQ:FITB)
Historical Stock Chart
From Sep 2023 to Sep 2024