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An endowment is an investment in the future. When you use your charitable gift to establish an endowment, the gift is invested with two goals in mind: to make the principal grow faster than inflation, and provide spendable income for whatever specific purpose you have designated. The principal is never invaded. Well-managed endowments can generate income indefinitely. That fact makes them uniquely valuable to Hincks-Dellcrest and therefore especially attractive to donors who wish to leave a legacy at Hincks-Dellcrest.
The Fellowship Program at the Hincks-Dellcrest Centre - Gail Appel Institute has established a national reputation of providing a, unique in Canada, opportunity for professionals from the three major disciplines of psychiatry, psychology and social work to obtain additional post specialty qualification.
The program is unique in combining academic theoretical studies with ongoing supervised practical experience in an interdisciplinary setting. Our goal is to train tomorrow's leaders and to allow Canada to take its place in the international community in the rapidly advancing field of child psycho social development and therapy. To date, fellows have come to train with us from across Canada, the United States and Great Britain.
Our current urgent need is for an endowment fund to create bursaries to off set expensive tuition and supervision fees. It is estimated that these are approximately $10,000 per fellow annually. With such a fund we would be able to train many more fellows.
The Institute's ongoing reputation depends on attracting the best and most creative minds to assume leadership positions. Without this ability, the Institute will not continue to grow and thrive. Our independence as an organization gives us our unique position of innovation and flexibility. However, it also means that we receive no ongoing government or university funding for staff salaries. A leadership endowment of a fund - similar to the endowment of a professorial chair at a university, is necessary to provide the stable base funding we need. The cost of this leadership is considerably less than an academic chair. Our goal is a modest one - $700,000.
The reason: Our leaders continue to work actively and productively in the field and so generate a considerable portion of their own salaries. This is in the spirit and culture of the Institute.
Research has been an integral component of The Hincks-Dellcrest Centre since its founding. Over the last decade the Research Department has been especially active in carrying out a range of research activities to examine the causes and developmental processes associated with children's mental health problems and to evaluate new methods of treatment and preventive interventions. The public is now becoming aware of the importance of the earliest years of life for child development and mental health.
Research at the Hincks-Dellcrest Centre has been in the forefront of our understanding of what is most important in these early years for children's full participation in society in later life. The success of research endeavours at Hincks-Dellcrest has been reflected in development and evaluation of innovative treatments for infants and preschoolers and their families in the clinic and the community. Training on use of these treatments has allowed other centres to benefit from our research.
Ground breaking research work must have a stable financial base. Although we continue to pursue funding for individual projects, an endowment will provide the base to underpin staff time, ensure project continuity, and permit piloting of other innovative projects in their early stages.
Throughout its history, the Hincks-Dellcrest Centre has demonstrated both innovation and leadership in children's mental health. With our rapidly evolving society, our client's needs have become much more complex, and require new and updated programs to help them deal with problems related to their mental health. Innovations and projects have been the hallmarks of the history of Hincks-Dellcrest. Most of our current programs started as projects. The Government Ministries we deal with do not have the ability, nor do they see it as their mandate, to fund experimentation and innovation. Rather, they will fund programs with a proven track record and solid potential. Such programs result from our projects.
A service innovation endowment will provide the seed money necessary to develop and pilot new ideas and programs. Innovation projects ensure that the best mental health practices are used to help achieve the healthy emotional development, nurturing and well-being of infants, children, youth and their families.
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