The Glen F. Aukerman, MD, Endowed Fund for Integrative Medicine was established July 8, 2005, by the Board of Trustees of The Ohio State University, in accordance with the guidelines approved by the Board of Directors of The Ohio State Foundation, with gifts from his family, friends, and colleagues to honor and recognize Dr. Glen Aukerman (MD 1964) for his outstanding commitment and dedication to total patient care through the integration of complementary modalities with traditional Western medicine to prodcue optimum patient outcomes.
The annual distribution from this fund shall be used for The Ohio State University Center for Integrative Health and Wellness (CIHW) under the direction of the Center's executive director for, and not limited to, training and development, program support, outreach, student or resident support, administrative functions, research, and priority special initiatives. Allocation of distribution shall be made at the recommendation and approval of the executive director of the CIHW, in consultation with the senior vice president for health sciences.
In any given year that the endowment distribution is not fully used for its intended purpose, the unused portion should be held in the distribution account to be used in subsequent years and only for the purposes of the endowment, or reinvested in the endowment principal at the discretion of th executive director.
The investment and management of and expenditures from all endowment funds shall be in accordance with University policies and procedures, as approved by the Board of Trustees. As authorized by the Board of Trustees, a fee may be assessed against the endowment portfolio for the University's costs of development and fund management.
It is the desire of the donor(s) that the endowment established herein should benefit the University in perpetuity. The University and the Foundation reserve the right to modify the purposes of this fund, however, (1) in consultation with the donor(s) named above, or (2) if such purposes become unlawful, impracticable, impossible to achieve, or wasteful, provided that such fund shall only be used for the University's charitable purposes. In seeking such modification, the University and the Foundation shall consult the executive director of the CIHW and the senior vice president for health sciences. Modifications to endowed funds shall be approved by the University's Board of Trustees and the Foundation's Board of Directors, in accordance with the policies of the University and Foundation